U.S. - Provitamins And Vitamins - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVitamin Prices in the United States
U.S. Vitamin Import Price per Ton in August 2022
In August 2022, the vitamin price per ton amounted to $14.7K (CIF, US), rising by 3% against the previous month. Over the last seven-month period, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in May 2022 when the average import price increased by 11% against the previous month. Over the period under review, average import prices attained the maximum in August 2022.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was France ($38.0K per ton), while the price for China ($11.2K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Vitamin Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was vitamins; vitamin b12 and its derivatives, unmixed ($111.7K per ton), while the price for vitamins; vitamin c and its derivatives, unmixed ($5.4K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by vitamins; d- or dl-pantothenic acid (vitamin b3 or vitamin b5) and its derivatives, unmixed (+16.3%), while the prices for the other products experienced more modest paces of growth.
U.S. Vitamin Imports
In August 2022, approximately 8.9K tons of provitamins and vitamins were imported into the United States; approximately equating the previous month's figure. Overall, imports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in March 2022 with an increase of 22% m-o-m. As a result, imports attained the peak of 12K tons. From April 2022 to August 2022, the growth of imports remained at a lower figure.
In value terms, vitamin imports stood at $131M (IndexBox estimates) in August 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when imports increased by 32% m-o-m. As a result, imports attained the peak of $166M. From April 2022 to August 2022, the growth of imports failed to regain momentum.
U.S. Vitamin Imports by Type
Vitamins; vitamin c and its derivatives, unmixed (3.4K tons), vitamins; vitamin e and its derivatives, unmixed (2.8K tons) and vitamins; n.e.s. in item no. 2936.2, and their derivatives, unmixed (1.5K tons) were the main products of vitamin imports to the United States, with a combined 87% share of total imports. These products were followed by vitamins; vitamin b1 and its derivatives, unmixed, vitamins; n.e.s. in heading no. 2936, including natural concentrates, vitamins; d- or dl-pantothenic acid (vitamin b3 or vitamin b5) and its derivatives, unmixed, vitamins; vitamins a and their derivatives, unmixed, vitamins; vitamin b6 and its derivatives, unmixed, vitamins; vitamin b2 and its derivatives, unmixed and vitamins; vitamin b12 and its derivatives, unmixed, which together accounted for a further 13%.
From January 2022 to August 2022, the biggest increases were in vitamins; vitamin b1 and its derivatives, unmixed (with a CAGR of +13.0%), while purchases for the other products experienced more modest paces of growth.
In value terms, vitamins; vitamin e and its derivatives, unmixed ($40M), vitamins; n.e.s. in item no. 2936.2, and their derivatives, unmixed ($29M) and vitamins; vitamin c and its derivatives, unmixed ($19M) constituted the most imported types of provitamins and vitamins in the United States, with a combined 67% share of total imports. Vitamins; vitamins a and their derivatives, unmixed, vitamins; n.e.s. in heading no. 2936, including natural concentrates, vitamins; vitamin b1 and its derivatives, unmixed, vitamins; vitamin b12 and its derivatives, unmixed, vitamins; d- or dl-pantothenic acid (vitamin b3 or vitamin b5) and its derivatives, unmixed, vitamins; vitamin b2 and its derivatives, unmixed and vitamins; vitamin b6 and its derivatives, unmixed lagged somewhat behind, together comprising a further 33%.
U.S. Vitamin Imports by Country
In August 2022, China (7K tons) constituted the largest vitamin supplier to the United States, with a 78% share of total imports. Moreover, vitamin imports from China exceeded the figures recorded by the second-largest supplier, Switzerland (688 tons), tenfold. The third position in this ranking was taken by Germany (325 tons), with a 3.7% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume from China totaled -4.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Switzerland (+2.0% per month) and Germany (+5.0% per month).
In value terms, China ($78M) constituted the largest supplier of vitamin to the United States, comprising 59% of total imports. The second position in the ranking was taken by Switzerland ($17M), with a 13% share of total imports. It was followed by France, with a 6.2% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of value from China stood at -3.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Switzerland (+11.1% per month) and France (+7.1% per month).
This report provides an in-depth analysis of the vitamin market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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 the U.S..
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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 U.S..
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This report provides an in-depth analysis of the global vitamin market.
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In August 2022, the vitamin price per ton amounted to $14.7K (CIF, US), surging by 3% 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...
357
In August 2022, the vitamin price per ton amounted to $14.7K (CIF, US), surging by 3% 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...
