Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan - 2022

Contents:

  1. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan (CIF) - 2022
  2. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan (FOB) - 2022
  3. Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan
  4. Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan

Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $79,919 per ton, picking up by 28% against the previous year. Overall, the import price continues to indicate a tangible expansion. The growth pace was the most rapid in 2019 an increase of 79%. As a result, import price reached the peak level of $103,351 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 Switzerland ($680,417 per ton), while the price for the United States ($37,426 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+20.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan (FOB) - 2022

The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $5,556 per ton in 2021, shrinking by -20.6% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 a decrease of -7.7% against the previous year. Over the period under review, the average export prices hit record highs at $35,250 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2012 to 2021, the rate of growth in terms of prices for Oman amounted to -15.1% per year.

Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan

In 2022, purchases abroad of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -23.9% to 3.8 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 207%. As a result, imports attained the peak of 8.5 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 contracted slightly to $304K in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 34%. As a result, imports reached the peak of $383K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain12015915018715.9%
China11014.056.939.7-28.8%
France19.913.43.833.318.7%
United States6.02.95.614.935.4%
BulgariaN/A144N/AN/A0%
ItalyN/AN/A18.9N/A0%
Others28.550.275.529.10.7%
Total2853833113042.2%

Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Jordan in 2022:

  1. Spain (1601.0 kg)
  2. China (930.0 kg)
  3. France (808.0 kg)
  4. United States (399.0 kg)

Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan

For the third year in a row, Jordan recorded growth in shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds, which increased by 13% to 9 kg in 2021. The total export volume increased at an average annual rate of +6.1% from 2019 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds shrank to $50 in 2021. Overall, exports, however, continue to indicate a deep downturn. The smallest decline of -9.7% was in 2020.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Jordan (USD)
COUNTRY201920202021CAGR,
2019-2021
DenmarkN/AN/A50.00%
Oman62.056.0N/A-9.7%
OthersN/AN/AN/A0%
Total62.056.050.0-10.2%

Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Jordan in 2022:

  1. Denmark (9.0 kg)
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