Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bangladesh - 2022
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bangladesh (CIF) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bangladesh
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bangladesh (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $74,633 per ton in 2022, jumping by 53% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 B12 and its derivatives, unmixeds decreased by -11.8% against 2019 indices. The import price peaked at $84,663 per ton in 2019; however, from 2020 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 Denmark ($123,002 per ton), while the price for South Korea ($13,430 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bangladesh
In 2022, the amount of vitamins; vitamin B12 and its derivatives, unmixeds imported into Bangladesh surged to 24 tons, jumping by 29% against the previous year. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds surged to $1.8M in 2022. In general, imports saw a mild increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 660 | 296 | 306 | 661 | 0.1% |
| Denmark | 575 | 301 | 353 | 648 | 4.1% |
| Switzerland | 231 | 108 | 114 | 183 | -7.5% |
| Singapore | 158 | 11.6 | 68.6 | 78.6 | -20.8% |
| United States | 9.2 | 4.2 | 4.4 | 7.2 | -7.8% |
| South Korea | 8.0 | 3.9 | 4.1 | 6.8 | -5.3% |
| Others | 63.3 | 28.9 | 58.7 | 212 | 49.6% |
| Total | 1,704 | 755 | 909 | 1,797 | 1.8% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Bangladesh in 2022:
- China (12.3 tons)
- Denmark (5.3 tons)
- Switzerland (3.7 tons)
- Singapore (1.2 tons)
- United States (0.5 tons)
- South Korea (0.5 tons)
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This report provides an in-depth analysis of the vitamin market in Bangladesh.
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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 Bangladesh.
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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.
386
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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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...
864
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...
254
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.
386
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.
1458
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...
864
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...
