China - Provitamins And Vitamins - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVitamin Prices in China
China Vitamin Export Price in August 2022
In August 2022, the vitamin price stood at $10.0 per kg (FOB, China), shrinking by -5.9% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 when the average export price increased by 7.2% month-to-month. As a result, the export price attained the peak level of $11,706 per ton. From July 2022 to August 2022, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2022, the country with the highest price was India ($18.6 per kg), while the average price for exports to Japan ($6,678 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
China Vitamin Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In August 2022, the product with the highest price was vitamins; vitamin b12 and its derivatives, unmixed ($726 per kg), while the average price for exports of vitamins; vitamin c and its derivatives, unmixed ($3,876 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: vitamins; d- or DL-pantothenic acid (vitamin b3 or vitamin b5) and its derivatives, unmixed (+7.0%), while the prices for the other products experienced mixed trend patterns.
China Vitamin Exports
In August 2022, the amount of provitamins and vitamins exported from China fell significantly to 22K tons, with a decrease of -16.5% on the month before. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in March 2022 when exports increased by 16% month-to-month. The exports peaked at 38K tons in January 2022; however, from February 2022 to August 2022, the exports stood at a somewhat lower figure.
In value terms, vitamin exports contracted sharply to $221M (IndexBox estimates) in August 2022. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in March 2022 when exports increased by 24% month-to-month. The exports peaked at 384K tons in January 2022; however, from February 2022 to August 2022, the exports failed to regain momentum.
China Vitamin Exports by Type
Vitamins; vitamin c and its derivatives, unmixed (12K tons) was the largest type of vitamin exported from China, accounting for a 55% share of total exports. Moreover, vitamins; vitamin c and its derivatives, unmixed exceeded the volume of the second product type, vitamins; vitamin e and its derivatives, unmixed (5.2K tons), twofold. Vitamins; n.e.s. in item no. 2936.2, and their derivatives, unmixed (2.6K tons) ranked third in terms of total exports with a 12% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of export of vitamins; vitamin c and its derivatives, unmixed totaled -8.0%. With regard to the other exported products, the following average monthly rates of growth were recorded: vitamins; vitamin e and its derivatives, unmixed (-7.3% per month) and vitamins; n.e.s. in item no. 2936.2, and their derivatives, unmixed (-4.6% per month).
In value terms, the most traded types of provitamins and vitamins in China were vitamins; vitamin e and its derivatives, unmixed ($73M), vitamins; vitamin c and its derivatives, unmixed ($47M) and vitamins; n.e.s. in item no. 2936.2, and their derivatives, unmixed ($35M), together comprising 70% of total exports. These products were followed by vitamins; d- or DL-pantothenic acid (vitamin b3 or vitamin b5) and its derivatives, unmixed, vitamins; vitamin b1 and its derivatives, unmixed, vitamins; vitamin b12 and its derivatives, unmixed, vitamins; vitamin b6 and its derivatives, unmixed, vitamins; vitamins a and their derivatives, unmixed, vitamins; n.e.s. in heading no. 2936, including natural concentrates and vitamins; vitamin b2 and its derivatives, unmixed, which together accounted for a further 30%.
Vitamins; vitamin b12 and its derivatives, unmixed, with a CAGR of -2.2%, saw the highest growth rate of the value of exports, among the main product categories over the period under review, while shipments for the other products experienced a decline.
China Vitamin Exports by Country
The United States (3.9K tons), Germany (2.5K tons) and Brazil (1.8K tons) were the main destinations of vitamin exports from China, together comprising 37% of total exports. These countries were followed by the Netherlands, Japan, South Korea, Indonesia, Russia, the Philippines, Singapore, India, Vietnam and Mexico, which together accounted for a further 33%.
From January 2022 to August 2022, the biggest increases were in the Philippines (with a CAGR of +1.1%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($52M) remains the key foreign market for vitamin exports from China, comprising 23% of total exports. The second position in the ranking was taken by Germany ($18M), with an 8.4% share of total exports. It was followed by Brazil, with a 7.7% share.
From January 2022 to August 2022, the average monthly growth rate of value to the United States stood at -7.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-13.2% per month) and Brazil (+0.5% per month).
This report provides an in-depth analysis of the vitamin market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the vitamin market in China.
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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 China.
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This report provides an in-depth analysis of the global vitamin market.
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In April 2023, the vitamin price stood at $8,432 per ton (FOB, China), which is down by -3.7% against the previous month.
157
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.
313
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.
1328
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...
791
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...
356
In April 2023, the vitamin price stood at $8,432 per ton (FOB, China), which is down by -3.7% against the previous month.
157
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.
313
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.
1328
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...
791
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...
