Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Iraq - 2022
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Iraq (CIF) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Iraq
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Iraq (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $138,366 per ton in 2022, rising by 46% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The growth pace was the most rapid in 2014 when the average import price increased by 100% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($280,818 per ton), while the price for the United Arab Emirates ($46,787 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+53.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Iraq
In 2022, overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -28.9% to 528 kg, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of 1.1 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds expanded slightly to $73K in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 4.2%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 29.8 | 33.5 | 59.0 | 64.4 | 29.3% |
| China | 23.0 | 2.2 | 2.3 | 3.1 | -48.7% |
| United Arab Emirates | N/A | N/A | N/A | 2.2 | 0% |
| Germany | N/A | 8.7 | N/A | N/A | 0% |
| United States | 15.2 | 22.6 | N/A | N/A | 48.7% |
| Italy | N/A | N/A | 8.0 | N/A | 0% |
| Others | 0.5 | 0.5 | 0.9 | 3.4 | 89.5% |
| Total | 68.6 | 67.4 | 70.2 | 73.1 | 2.1% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Iraq in 2022:
- France (466.0 kg)
- United Arab Emirates (47.0 kg)
- China (11.0 kg)
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This report provides an in-depth analysis of the vitamin market in Iraq.
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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 Iraq.
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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.
369
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.
1437
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...
854
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...
235
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.
369
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.
1437
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...
854
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...
