Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan (CIF) - 2022
The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $5,987 per ton in 2022, shrinking by -15.9% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +20.9% against 2016 indices. The most prominent rate of growth was recorded in 2016 an increase of 66%. Over the period under review, average import prices attained the maximum at $7,120 per ton in 2021, and then dropped significantly in the following year.
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 Turkey ($6,640 per ton), while the price for Georgia ($3,531 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan (FOB) - 2022
In 2021, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $3,513 per ton, reducing by -18.3% against the previous year. Over the period under review, the export price, however, saw a significant expansion. The export price peaked at $4,300 per ton in 2020, and then shrank rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Uzbekistan.
From 2015 to 2021, the rate of growth in terms of prices for Uzbekistan amounted to 0.0% per year.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan
In 2022, approx. 76 tons of vitamins; vitamin c and its derivatives, unmixeds were imported into Azerbaijan; rising by 247% on the previous year. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds surged to $458K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 15.5 | 26.7 | 21.7 | 224 | 143.6% |
| China | 21.1 | 22.6 | 16.3 | 190 | 108.0% |
| Georgia | 1.7 | 3.2 | 2.3 | 16.7 | 114.2% |
| Germany | 2.7 | 11.1 | 12.9 | 11.1 | 60.2% |
| Netherlands | 5.4 | 12.9 | 3.6 | 4.6 | -5.2% |
| Spain | 55.2 | 76.3 | 56.8 | N/A | 1.4% |
| United Arab Emirates | 2.2 | 8.1 | 26.7 | N/A | 248.4% |
| Others | 20.7 | 28.1 | 16.6 | 11.7 | -17.3% |
| Total | 124 | 189 | 157 | 458 | 54.6% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Azerbaijan in 2022:
- China (34.6 tons)
- Turkey (33.7 tons)
- Georgia (4.7 tons)
- Germany (1.8 tons)
- Netherlands (0.8 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan
In 2021, the amount of vitamins; vitamin c and its derivatives, unmixeds exported from Azerbaijan declined dramatically to 1.2 tons, with a decrease of -17.3% against the previous year. Overall, exports faced a deep reduction.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds shrank rapidly to $4.4K in 2021. In general, exports faced a significant decline.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Uzbekistan | N/A | 4.4 | 0% | ||
| Iran | 4.9 | N/A | 0% | ||
| Ukraine | 1.5 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 6.5 | 4.4 | -32.3% | ||
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Azerbaijan in 2022:
- Uzbekistan (1.2 tons)
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This report provides an in-depth analysis of the vitamin market in Azerbaijan.
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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 Azerbaijan.
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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.
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...
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...
