Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala (CIF) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala (CIF) - 2022
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $21,629 per ton in 2022, with an increase of 37% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vitamins; vitamin B2 and its derivatives, unmixeds increased by +68.9% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($91,197 per ton), while the price for Belgium ($2,064 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala (FOB) - 2022
The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $15,801 per ton in 2022, surging by 51% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 58% against the previous year. The export price peaked at $21,401 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($56,221 per ton), while the average price for exports to El Salvador ($9,627 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala
In 2022, supplies from abroad of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -5.7% to 43 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -34.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 81%. As a result, imports attained the peak of 65 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds skyrocketed to $922K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 83.2 | 443 | 238 | 245 | 43.3% |
| India | 85.1 | 104 | 108 | 232 | 39.7% |
| South Korea | N/A | 4.8 | 35.0 | 199 | 543.9% |
| China | 48.1 | 41.7 | 111 | 118 | 34.9% |
| Switzerland | 0.5 | N/A | N/A | 47.2 | 355.3% |
| France | 10.0 | N/A | N/A | 38.9 | 57.3% |
| Mexico | 119 | 73.2 | 33.7 | 38.3 | -31.5% |
| Netherlands | 154 | 152 | 92.3 | N/A | -22.6% |
| Others | 41.0 | 12.1 | 95.5 | 1.9 | -64.1% |
| Total | 541 | 832 | 713 | 922 | 19.4% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Guatemala in 2022:
- Germany (16.5 tons)
- China (10.0 tons)
- Mexico (4.2 tons)
- South Korea (4.1 tons)
- France (3.1 tons)
- India (2.5 tons)
- Switzerland (1.8 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala
In 2022, after three years of growth, there was significant decline in overseas shipments of vitamins; vitamin B2 and its derivatives, unmixeds, when their volume decreased by -57.4% to 18 tons. Overall, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 128% against the previous year.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds declined markedly to $290K in 2022. Over the period under review, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 66%. As a result, the exports reached the peak of $452K, and then fell significantly in the following year.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 52.3 | 111 | 293 | 194 | 54.8% |
| El Salvador | 106 | 114 | 105 | 57.8 | -18.3% |
| Honduras | 13.6 | 21.1 | 19.4 | 15.3 | 4.0% |
| Costa Rica | 0.8 | 13.0 | 24.3 | 7.5 | 110.9% |
| Peru | N/A | N/A | N/A | 7.3 | 0% |
| Jamaica | 2.6 | 2.8 | 0.8 | 6.5 | 35.7% |
| Others | 6.6 | 10.8 | 9.6 | 1.5 | -39.0% |
| Total | 182 | 273 | 452 | 290 | 16.8% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Guatemala in 2022:
- Dominican Republic (10.7 tons)
- El Salvador (6.0 tons)
- Peru (0.6 tons)
- Costa Rica (0.4 tons)
- Jamaica (0.3 tons)
- Honduras (0.3 tons)
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This report provides an in-depth analysis of the vitamin market in Guatemala.
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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 Guatemala.
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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...
