Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates - 2022

Contents:

  1. Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates (CIF) - 2022
  2. Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates (FOB) - 2022
  3. Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates
  4. Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates

Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $5,957 per ton, which is down by -6.8% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vitamins; vitamin c and its derivatives, unmixeds increased by +13.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 71% against the previous year. The import price peaked at $7,655 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 India ($30,225 per ton), while the price for China ($4,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $4,835 per ton, falling by -13.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 85% against the previous year. Over the period under review, the average export prices hit record highs at $10,356 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($9,749 per ton), while the average price for exports to Japan ($2,520 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 Nigeria (+6.3%), while the prices for the other major destinations experienced a decline.

Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates

After three years of growth, overseas purchases of vitamins; vitamin c and its derivatives, unmixeds decreased by -46.2% to 670 tons in 2022. Overall, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 121%.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds dropped markedly to $4M in 2022. In general, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 115% against the previous year.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3183,3526,0082,74727.7%
India77.365450942175.9%
Thailand0.5N/A0.3113509.1%
Germany13212733819.3-47.3%
United States79930976.77.6-78.8%
Others3191,2401,03868529.0%
Total2,6455,6827,9703,99314.7%

Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to the United Arab Emirates in 2022:

  1. China (612.0 tons)
  2. Thailand (16.4 tons)
  3. India (13.9 tons)
  4. Germany (1.4 tons)
  5. United States (0.5 tons)

Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates

Exports of vitamins; vitamin c and its derivatives, unmixeds from the United Arab Emirates soared to 469 tons in 2022, with an increase of 155% compared with the year before. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds surged to $2.3M in 2022. In general, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A8120%
IndiaN/A1110.1583129.2%
AzerbaijanN/AN/AN/A1620%
BelgiumN/AN/AN/A1350%
Iran1,6341,188953132-56.8%
IraqN/AN/AN/A1280%
Oman85.210275.659.1-11.5%
JapanN/AN/AN/A52.40%
Others22.93.41.9203107.0%
Total1,7421,4041,0302,2679.2%

Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from the United Arab Emirates in 2022:

  1. India (210.9 tons)
  2. Saudi Arabia (83.3 tons)
  3. Iraq (31.0 tons)
  4. Azerbaijan (30.2 tons)
  5. Iran (27.2 tons)
  6. Belgium (21.0 tons)
  7. Japan (20.8 tons)
  8. Oman (20.3 tons)
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