Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey - 2024
Contents:
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey (CIF) - 2022
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey (FOB) - 2022
- Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey
- Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $27,523 per ton, approximately equating the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2016 an increase of 30%. The import price peaked at $46,974 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($29,267 per ton), while the price for China stood at $26,807 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.1%).
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey (FOB) - 2022
The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $26,620 per ton in 2022, waning by -17.4% against the previous year. Overall, the export price saw a pronounced downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 52%. Over the period under review, the average export prices reached the maximum at $49,668 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($49,040 per ton), while the average price for exports to Cyprus ($20,160 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 Egypt (+97.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey
In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds imported into Turkey skyrocketed to 320 tons, growing by 46% on the previous year's figure. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds soared to $8.8M in 2022. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 4.1 | 4.8 | 6.9 | 6.6% |
| Germany | 2.5 | 1.7 | 1.0 | 1.7 | -12.1% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 8.3 | 5.9 | 6.0 | 8.8 | 2.0% |
Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Turkey in 2022:
- China (259.1 tons)
- Germany (58.4 tons)
Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey
In 2022, after three years of growth, there was significant decline in shipments abroad of vitamins; vitamin B6 and its derivatives, unmixeds, when their volume decreased by -72.7% to 1.3 tons. Overall, exports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 162%. As a result, the exports reached the peak of 4.9 tons, and then dropped markedly in the following year.
In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds contracted markedly to $36K in 2022. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 105% against the previous year. As a result, the exports reached the peak of $159K, and then contracted markedly in the following year.
| Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 9.1 | 75.0 | 63.8 | 15.5 | 19.4% |
| Azerbaijan | N/A | N/A | 7.7 | 8.0 | 3.9% |
| Syrian Arab Republic | 38.7 | 1.3 | 1.3 | 5.3 | -48.5% |
| United Kingdom | N/A | N/A | N/A | 3.4 | 0% |
| Georgia | N/A | N/A | N/A | 1.2 | 0% |
| Iraq | N/A | N/A | N/A | 0.6 | 0% |
| Cyprus | N/A | N/A | N/A | 0.5 | 0% |
| Netherlands | N/A | N/A | 86.1 | N/A | 0% |
| Others | 6.4 | 1.1 | 0.3 | 1.3 | -41.2% |
| Total | 54.3 | 77.5 | 159 | 35.9 | -12.9% |
Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Turkey in 2022:
- Iran (750.0 kg)
- Azerbaijan (207.0 kg)
- Syrian Arab Republic (200.0 kg)
- United Kingdom (100.0 kg)
- Iraq (26.0 kg)
- Georgia (25.0 kg)
- Cyprus (25.0 kg)
- Netherlands (1.0 kg)
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This report provides an in-depth analysis of the vitamin market in Turkey.
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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 Turkey.
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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.
361
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.
1428
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...
846
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.
361
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.
1428
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...
846
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...
