Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Tanzania - 2022

Contents:

  1. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Tanzania (CIF) - 2022
  2. Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Tanzania

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Tanzania (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $205,263 per ton, with an increase of 319% against the previous year. Overall, the import price recorded a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Hong Kong SAR ($269,672 per ton), while the price for India amounted to $72,290 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.7%), while the prices for the other major suppliers experienced a decline.

Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Tanzania

Imports of vitamins; vitamin B2 and its derivatives, unmixeds into Tanzania contracted notably to 95 kg in 2022, waning by -58% against the previous year. Overall, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of 226 kg, and then shrank dramatically in the following year.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds surged to $20K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 146%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A17.30%
India4.4N/A9.42.2-20.6%
China3.94.51.6N/A-35.9%
OthersN/AN/AN/AN/A0%
Total8.34.511.119.532.9%

Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Tanzania in 2022:

  1. Hong Kong SAR (64.0 kg)
  2. India (31.0 kg)

Source: IndexBox Market Intelligence Platform

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