Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico - 2023
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico (CIF) - 2023
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico (FOB) - 2022
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico
- Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico (CIF) - 2023
The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $7,607 per ton in December 2023, with a decrease of -39.4% against the previous month. Over the period under review, the import price showed a perceptible decline. The growth pace was the most rapid in March 2023 when the average import price increased by 57% month-to-month. As a result, import price attained the peak level of $17,462 per ton. From April 2023 to December 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Switzerland ($32,732 per ton), while the price for Germany ($6,147 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico (FOB) - 2022
In 2022, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $10,683 per ton, waning by -13.5% against the previous year. In general, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 26%. Over the period under review, the average export prices reached the peak figure at $26,065 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +8.9% per year.
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico
In 2022, after three years of growth, there was significant decline in supplies from abroad of vitamins; vitamin e and its derivatives, unmixeds, when their volume decreased by -5.5% to 2.8K tons. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +45.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports attained the peak of 2.9K tons, and then dropped in the following year.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds expanded remarkably to $33M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +52.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 15%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 6.6 | 15.0 | 14.6 | 49.2% |
| United States | 2.7 | 7.0 | 5.9 | 11.7 | 63.0% |
| Germany | 4.4 | 5.3 | 4.9 | 6.2 | 12.1% |
| Switzerland | 8.8 | 4.3 | 2.2 | 0.4 | -64.3% |
| France | 0.9 | 1.0 | 0.1 | 0.1 | -51.9% |
| Others | 0.7 | 1.0 | 1.0 | 0.4 | -17.0% |
| Total | 21.8 | 25.2 | 29.1 | 33.3 | 15.2% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Mexico in 2022:
- China (1241.7 tons)
- United States (943.8 tons)
- Germany (557.4 tons)
- Switzerland (17.6 tons)
- France (3.2 tons)
Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico
In 2022, the amount of vitamins; vitamin e and its derivatives, unmixeds exported from Mexico reduced notably to 20 tons, which is down by -63.8% on 2021. Over the period under review, exports showed a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 90%.
In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds declined markedly to $214K in 2022. In general, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 54%.
| Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 3.5 | 1.2 | 15.7 | 214 | 294.0% |
| Argentina | 102 | 38.6 | 70.4 | N/A | -16.9% |
| Guatemala | 340 | 78.7 | 121 | N/A | -40.3% |
| United States | 135 | 119 | 1.3 | N/A | -90.2% |
| Costa Rica | 180 | 76.3 | 190 | N/A | 2.7% |
| Italy | 97.6 | 19.6 | 61.1 | N/A | -20.9% |
| Others | 254 | 112 | 225 | N/A | -5.9% |
| Total | 1,111 | 445 | 684 | 214 | -42.2% |
Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from Mexico in 2022:
- Ecuador (20.0 tons)
467
This report provides an in-depth analysis of the vitamin market in Mexico.
2747
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 Mexico.
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This report provides an in-depth analysis of the global vitamin market.
285
In January 2023, the vitamin price amounted to $10,469 per ton (CIF, Mexico), waning by -13.7% against the previous month.
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...
285
In January 2023, the vitamin price amounted to $10,469 per ton (CIF, Mexico), waning by -13.7% against the previous month.
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...
