Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in the Philippines - 2023
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in the Philippines (CIF) - 2022
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in the Philippines
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in the Philippines (CIF) - 2022
In 2022, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $12,926 per ton, jumping by 16% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2020 an increase of 39%. The import price peaked at $17,275 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($65,433 per ton), while the price for Switzerland ($8,238 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in the Philippines
In 2022, imports of vitamins; vitamin e and its derivatives, unmixeds into the Philippines soared to 1.5K tons, rising by 15% on the previous year. In general, imports, however, continue to indicate a slight downturn.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds surged to $19M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +68.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.9 | 6.1 | 8.1 | 12.7 | 22.6% |
| France | 1.4 | 0.5 | 1.6 | 2.1 | 14.5% |
| United States | 0.5 | 0.4 | 1.5 | 1.9 | 56.0% |
| Germany | 0.4 | 0.3 | 0.7 | 0.8 | 26.0% |
| Singapore | 1.0 | 0.4 | 0.7 | 0.6 | -15.7% |
| Switzerland | 0.5 | 0.9 | 0.3 | 0.2 | -26.3% |
| Others | 0.6 | 3.5 | 1.3 | 0.8 | 10.1% |
| Total | 11.3 | 12.0 | 14.2 | 19.1 | 19.1% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to the Philippines in 2022:
- China (1063.0 tons)
- France (211.0 tons)
- Germany (73.8 tons)
- Singapore (56.4 tons)
- United States (33.8 tons)
- Switzerland (19.7 tons)
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This report provides an in-depth analysis of the vitamin market in the Philippines.
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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 the Philippines.
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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.
357
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.
1424
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...
843
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...
231
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.
357
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.
1424
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...
843
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...
