Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala - 2023

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala (CIF) - 2022
  2. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala (FOB) - 2022
  3. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala
  4. Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala (CIF) - 2022

The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $16,833 per ton in 2022, picking up by 23% against the previous year. Over the period under review, the import price showed a modest increase. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. As a result, import price reached the peak level of $22,029 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 Germany ($20,174 per ton), while the price for Mexico ($8,730 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $18,956 per ton, growing by 6.8% against the previous year. Overall, the export price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. The export price peaked at $26,119 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 Costa Rica ($48,450 per ton), while the average price for exports to the Dominican Republic ($6,361 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 Costa Rica (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala

In 2022, approx. 93 tons of vitamins; vitamin B6 and its derivatives, unmixeds were imported into Guatemala; waning by -19.8% on the year before. Overall, imports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of 116 tons, and then reduced notably in the following year.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds fell modestly to $1.6M in 2022. In general, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 1.8% against the previous year.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1591,0761,3981,5039.0%
Mexico14417057.243.9-32.7%
Netherlands3062161320.1-93.1%
Others95.51035.725.1-35.9%
Total1,7041,5651,5931,572-2.7%

Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Guatemala in 2022:

  1. China (86.8 tons)
  2. Mexico (5.0 tons)

Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala

In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds exported from Guatemala shrank significantly to 5.2 tons, which is down by -58.5% compared with 2021 figures. Overall, exports showed a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 23%.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds shrank remarkably to $98K in 2022. In general, exports faced a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador18811282.162.3-30.8%
Dominican Republic30.423.127.914.2-22.4%
Honduras18.517.514.912.5-12.3%
Nicaragua6.31.434.56.51.0%
Jamaica10.77.36.51.9-43.8%
Costa Rica0.80.943.01.07.7%
ColombiaN/AN/A13.4N/A0%
OthersN/AN/AN/AN/A0%
Total25416222298.4-27.1%

Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Guatemala in 2022:

  1. Dominican Republic (2227.0 kg)
  2. El Salvador (2194.0 kg)
  3. Honduras (463.0 kg)
  4. Nicaragua (235.0 kg)
  5. Jamaica (52.0 kg)
  6. Costa Rica (20.0 kg)

Source: IndexBox Market Intelligence Platform

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