Brazil - Provitamins And Vitamins - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBrazil's July 2023 Vitamin Import Drops to $16M
Brazil Vitamin Imports
In July 2023, purchases abroad of provitamins and vitamins decreased by -24.8% to 1.3K tons, falling for the second consecutive month after three months of growth. Overall, imports saw a noticeable contraction. The pace of growth appeared the most rapid in November 2022 with an increase of 27% month-to-month.
In value terms, vitamin imports dropped markedly to $16M (IndexBox estimates) in July 2023. In general, imports showed a pronounced contraction. The pace of growth appeared the most rapid in March 2023 with an increase of 20% m-o-m.
| COUNTRY | Import Value of Vitamin in Brazil (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
| China | 12.4 | 15.9 | 14.6 | 11.1 | 14.4 | 11.8 | 13.5 | 9.9 | 11.8 | 12.9 | 12.2 | 9.6 | 8.6 |
| Switzerland | 6.9 | 4.9 | 5.3 | 1.2 | 0.4 | 1.8 | 5.0 | 2.5 | 4.4 | 2.0 | 2.6 | 1.4 | 2.1 |
| Germany | 2.9 | 2.4 | 5.8 | 1.2 | 1.6 | 1.9 | 1.4 | 2.1 | 2.3 | 3.1 | 3.7 | 3.9 | 1.9 |
| India | 0.8 | 0.1 | 1.1 | 0.3 | 0.9 | 0.3 | 0.5 | 0.8 | 0.6 | 0.7 | 0.4 | 0.5 | 0.8 |
| Others | 5.2 | 4.7 | 4.3 | 5.0 | 5.2 | 4.5 | 2.1 | 4.9 | 5.2 | 4.0 | 4.2 | 4.4 | 2.4 |
| Total | 28.3 | 28.2 | 31.1 | 18.7 | 22.3 | 20.4 | 22.4 | 20.2 | 24.2 | 22.6 | 23.1 | 19.8 | 15.7 |
Imports by Country
In July 2023, China (985 tons) constituted the largest supplier of vitamin to Brazil, accounting for a 77% share of total imports. Moreover, vitamin imports from China exceeded the figures recorded by the second-largest supplier, Germany (117 tons), eightfold. The third position in this ranking was taken by Switzerland (77 tons), with a 6% share.
From July 2022 to July 2023, the average monthly growth rate of volume from China amounted to -1.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-5.5% per month) and Switzerland (-13.3% per month).
In value terms, China ($8.6M) constituted the largest supplier of vitamin to Brazil, comprising 54% of total imports. The second position in the ranking was taken by Switzerland ($2.1M), with a 13% share of total imports. It was followed by Germany, with a 12% share.
From July 2022 to July 2023, the average monthly rate of growth in terms of value from China amounted to -3.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Switzerland (-9.4% per month) and Germany (-3.6% per month).
Imports by Type
Vitamins; vitamin c and its derivatives, unmixed (469 tons), vitamins; vitamin e and its derivatives, unmixed (447 tons) and vitamins; d- or DL-pantothenic acid (vitamin B3 or vitamin B5) and its derivatives, unmixed (169 tons) were the main products of vitamin imports to Brazil, with a combined 85% share of total imports. These products were followed by vitamins; n.e.s. in item no. 2936.2, and their derivatives, unmixed, vitamins; vitamin B1 and its derivatives, unmixed, vitamins; n.e.s. in heading no. 2936, including natural concentrates, vitamins; vitamin B6 and its derivatives, unmixed, vitamins; vitamin B2 and its derivatives, unmixed, vitamins; vitamins a and their derivatives, unmixed and vitamins; vitamin B12 and its derivatives, unmixed, which together accounted for a further 15%.
From July 2022 to July 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by vitamins; vitamin B12 and its derivatives, unmixed (with a CAGR of +17.8%), while imports for the other products experienced mixed trend patterns.
In value terms, vitamins; vitamin e and its derivatives, unmixed ($4.8M), vitamins; n.e.s. in item no. 2936.2, and their derivatives, unmixed ($2.6M) and vitamins; d- or DL-pantothenic acid (vitamin B3 or vitamin B5) and its derivatives, unmixed ($2.6M) appeared to be the most imported types of provitamins and vitamins in Brazil, together accounting for 63% of total imports.
Import Prices by Country
In July 2023, the vitamin price amounted to $12,273 per ton (CIF, Brazil), growing by 5.8% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 16% against the previous month. Over the period under review, average import prices attained the maximum at $13,543 per ton in September 2022; however, from October 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($27,448 per ton), while the price for China ($8,693 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the vitamin market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21105100 - Provitamins and vitamins, natural or reproduced by synthesis (including natural concentrates), derivatives thereof used primarily as vitamins, and intermixtures of the foregoing, w hether or not in any solvent
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
