Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Oman - 2022

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Oman (CIF) - 2022
  2. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Oman

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

The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $25,489 per ton in 2022, picking up by 9.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 54%. As a result, import price attained the peak level of $42,219 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($81,000 per ton), while the price for the United Arab Emirates ($25,417 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds imported into Oman skyrocketed to 1.6 tons, rising by 57% compared with 2021 figures. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 66% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds soared to $41K in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.91.31.733.5233.9%
United Arab Emirates1.10.91.54.661.1%
ItalyN/AN/AN/A2.40%
Belgium1.71.21.8N/A2.9%
Jordan3.30.5N/AN/A-84.8%
United States5.63.54.9N/A-6.5%
Saudi ArabiaN/A3.75.9N/A59.5%
Others5.95.47.90.1-74.3%
Total18.516.423.740.630.0%

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

  1. France (1318.0 kg)
  2. United Arab Emirates (180.0 kg)
  3. Italy (94.0 kg)

Source: IndexBox Market Intelligence Platform

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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.

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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. 

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Free Data: Vitamins; vitamin B6 and its derivatives, unmixed - Oman