Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia - 2022
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia (CIF) - 2022
In March 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $110K per ton, with a decrease of -34.6% against the previous month. Overall, the import price, however, continues to indicate a measured increase. The growth pace was the most rapid in June 2021 when the average import price increased by 221% month-to-month. Over the period under review, average import prices reached the peak figure at $498K per ton in July 2021; however, from August 2021 to March 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was China ($119K per ton), while the price for Switzerland ($41,636 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $91,827 per ton, surging by 2.2% against the previous year. Overall, the export price enjoyed a slight increase. The pace of growth was the most pronounced in 2019 an increase of 201%. The export price peaked at $146,709 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +6.7% per year.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia
In 2022, overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -13.5% to 67 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds expanded remarkably to $9.2M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 24%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.8 | 3.9 | 4.2 | 5.1 | 10.3% |
| Japan | 0.7 | 1.6 | 1.0 | 2.0 | 41.9% |
| France | 0.3 | 1.5 | 2.0 | 0.9 | 44.2% |
| Spain | 0.7 | 0.4 | 0.6 | 0.5 | -10.6% |
| Switzerland | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Denmark | 0.6 | 0.5 | 0.5 | 0.2 | -30.7% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Total | 6.8 | 8.4 | 8.7 | 9.2 | 10.6% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Indonesia in 2022:
- China (34.3 tons)
- Spain (10.0 tons)
- Japan (8.6 tons)
- Switzerland (6.7 tons)
- Denmark (4.8 tons)
- Singapore (1.0 tons)
- France (0.8 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia
In 2022, exports of vitamins; vitamin b12 and its derivatives, unmixeds from Indonesia dropped to 1.5 tons, falling by -8.7% compared with 2021. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 181%. As a result, the exports reached the peak of 1.6 tons, and then fell in the following year.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds contracted to $138K in 2022. In general, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 72% against the previous year. As a result, the exports attained the peak of $148K, and then reduced in the following year.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 23.4 | 9.3 | 148 | 138 | 80.7% |
| Philippines | 93.3 | 76.8 | N/A | N/A | -17.7% |
| Others | 2.9 | N/A | N/A | 0.2 | -59.0% |
| Total | 120 | 86.1 | 148 | 138 | 4.8% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Indonesia in 2022:
- Thailand (1500.0 kg)
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This report provides an in-depth analysis of the vitamin market in Indonesia.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in Indonesia.
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This report provides an in-depth analysis of the global vitamin market.
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Vitamins play a crucial role in maintaining good health and well-being. They are essential nutrients that our bodies need in small amounts to function properly. With the growing awareness of the importance of vitamins, the global demand for vitamin supplements and fortified foods has been on the rise. As a result, several countries have become major import markets for vitamins, enabling people around the world to access these essential nutrients easily. One platform that provides in-depth insights into the global import market for vitamins is IndexBox Market Intelligence. This platform offers comprehensive data and statistics that allow businesses and individuals to stay informed about the latest trends and developments in the industry. The top import markets for vitamins in 2022 are the United States, Netherlands, Germany, Singapore, and France. These countries not only serve as vital import markets for vitamins but also contribute significantly to the global vitamin industry. The demand for vitamins continues to grow as people become more conscious of their health and seek ways to enhance their well-being. The import markets for vitamins have a significant impact on the global vitamin industry, driving the production and trade of vitamin supplements and fortified foods on a global scale. Platforms like IndexBox Market Intelligence offer invaluable data and insights to businesses and individuals seeking to navigate the complex dynamics of the global import market for vitamins. Staying informed about the latest trends and developments allows industry players to make informed decisions and capitalize on emerging opportunities.
370
Global vitamin trade rose by 16% y/y to $7.7B in 2020, driven by the increased demand for immune-boosting drugs during the COVID-19 pandemic. In physical terms, supplies spiked by 18% y/y to 584K tons.
1438
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
856
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
237
Vitamins play a crucial role in maintaining good health and well-being. They are essential nutrients that our bodies need in small amounts to function properly. With the growing awareness of the importance of vitamins, the global demand for vitamin supplements and fortified foods has been on the rise. As a result, several countries have become major import markets for vitamins, enabling people around the world to access these essential nutrients easily. One platform that provides in-depth insights into the global import market for vitamins is IndexBox Market Intelligence. This platform offers comprehensive data and statistics that allow businesses and individuals to stay informed about the latest trends and developments in the industry. The top import markets for vitamins in 2022 are the United States, Netherlands, Germany, Singapore, and France. These countries not only serve as vital import markets for vitamins but also contribute significantly to the global vitamin industry. The demand for vitamins continues to grow as people become more conscious of their health and seek ways to enhance their well-being. The import markets for vitamins have a significant impact on the global vitamin industry, driving the production and trade of vitamin supplements and fortified foods on a global scale. Platforms like IndexBox Market Intelligence offer invaluable data and insights to businesses and individuals seeking to navigate the complex dynamics of the global import market for vitamins. Staying informed about the latest trends and developments allows industry players to make informed decisions and capitalize on emerging opportunities.
370
Global vitamin trade rose by 16% y/y to $7.7B in 2020, driven by the increased demand for immune-boosting drugs during the COVID-19 pandemic. In physical terms, supplies spiked by 18% y/y to 584K tons.
1438
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
856
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
