Vitamin D Prices June 2024
Product
|
Category |
Region |
Price |
Vitamin D |
Specialty Chemical |
United States |
14900 USD/MT |
Vitamin D |
Specialty Chemical |
China |
9100 USD/MT |
Vitamin D |
Specialty Chemical |
Germany |
9970 USD/MT |
The vitamin D prices in the United States for Q2 2024 reached 14900 USD/MT in June. The second quarter saw notable price shifts, with a general downward trend reflecting economic difficulties and industry-specific interruptions. Furthermore, a one percentage point decline in pricing was recorded during the quarter's first and second halves, highlighting the sustained downward pressure in the market. This consistent decrease underscores the prevailing negative pricing landscape in the country.
The price trend for Vitamin D in China for Q2 2024 settled at 9100 USD/MT in June. The market saw pronounced price fluctuations, aligning with the regional pattern. Seasonal demand spikes were unable to offset the declining momentum, as an excess of supplies and lesser activity in the market contributed to a notable year-over-year decrease. Prices dropped significantly from the previous quarter, reflecting a steady, ongoing decrease.
In Germany, the Vitamin D prices for Q2 2024 reached 9970 USD/MT in June. The country witnessed the sharpest price changes, with Vitamin D prices dropping every year, marking a notable change in market conditions. In 2024, a quarter-over-quarter comparative study revealed an additional dip, signaling ongoing downward pressure. This trend underscores a market challenged by oversupply and lukewarm demand in spite of stabilization efforts.
Vitamin D Prices December 2023
Product
|
Category |
Region |
Price |
Vitamin D |
Specialty Chemical |
Germany |
8655 USD/MT |
The vitamin D prices in Germany for Q4 2023 reached 8655 USD/MT in December. The market faced a slight downturn in prices, primarily due to reduced consumption from the nutraceutical pharmaceutical and sectors. The market was marked by volatility, with an excess supply of Vitamin D filling domestic shelves. During the closure of this quarter, there was a positive market sentiment, despite challenges such as rising costs of energy and price fluctuations.
Regional Coverage
The report provides a detailed analysis of the vitamin D market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the vitamin D price trend.
Global Vitamin D Price
The report offers a holistic view of the global vitamin D pricing trends in the form of vitamin D price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into vitamin D historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into vitamin D price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed vitamin D demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Vitamin D Price
Q2 2024:
In Q2 2024, the prices of Vitamin D throughout Europe experienced a steady decline due to various circumstances. Major of these included oversupply due to proactive stockpiling from suppliers in anticipation of possible disruptions in supply networks and international risks. Additionally, lower demand from the pharmaceutical and nutraceutical sectors, combined with decreased purchasing activities, intensified the declining prices. The improved stability of shipping lines following the Red Sea conflict, along with reduced transportation expenses, further pressured prices. Falling Vitamin D costs in major production regions such as China also led to more affordable imports, reinforcing the decline across the European market.
Q4 2023:
The market saw little change during this period, mirroring trends from the U.S. and China. Sufficient stock led to reduced adoption rates from key industries such as pharmaceuticals, food and beverage, and nutraceuticals, causing a slight dip in prices. The reduction in end-user demand resulted in lesser price negotiations and a subdued market. High inventory levels, maintained to anticipate forecasted scarcity prior to the December festive season, further pressured prices downward. However, by the end of the quarter, there were signs of a price uptick, influenced by rising Vitamin D quotes from China. This led to increased costs for importers from Germany, which in turn propelled growth in the regional market as the year closed.
This analysis can be extended to include detailed vitamin D price information for a comprehensive list of countries.
Region |
Countries Covered |
Europe |
Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Vitamin D Price
Q2 2024:
In Q2 2024, the prices of Vitamin D in North America consistently dropped, mainly due to imbalances in supply and demand and fluctuations in the global market. Some of the key factors behind this shift are interruptions in global trade networks, rising transportation expenses, and elevated volumes of inventory held by local suppliers. Moreover, international unrest and natural disasters have intensified supply network issues, raising manufacturing expenses for both producers and importers. These combined factors underscore the ongoing price declines in the region's Vitamin D market.
Q4 2023:
During Q4 2023, the North America Vitamin D market faced a slight downturn in prices, primarily due to reduced demand from the nutraceutical and pharmaceutical industries. The market was marked by volatility, with an excess supply of Vitamin D filling domestic shelves. By the end of the period, there was a positive sentiment, despite challenges such as increasing costs of energy and price fluctuations. As the quarter progressed, import volumes showed growth compared to the previous year, suggesting retailers were preparing for the holiday season. The broader U.S. economy showed resilience, avoiding a predicted recession and instead experiencing growth, which spurred a late-quarter rise in consumer spending that benefited the Vitamin D sector.
Specific vitamin D historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Vitamin D Price
The report explores the vitamin D pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on vitamin D prices for countries can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Vitamin D Price
Q2 2024:
During Q2 2024, the prices of Vitamin D in the Asia Pacific region saw a notable decline due to various reasons. A key driver was the oversupply, which, combined with weakened demand, pushed prices downward. Earlier overproduction, prompted by market optimism, resulted in higher stock levels, while reduced demand from consumers, especially in the pharmaceutical and nutraceutical industries, intensified the pressure on prices. In addition, operational hurdles and elevated transportation costs forced suppliers to lower their margin of profit in order to stay competitive. Economic slowdowns in major markets further dampened purchasing power, impacting overall Vitamin D consumption in the region.
Q4 2023:
The Asia Pacific market exhibited a mix of trends in the fourth quarter of 2023, with some commodities witnessing price hikes whereas, numerous other experience a fall. Generally, the prices-maintained stability, with a minor downward trend observed during the quarter. Improved offtakes and heightened prices of export helped boost Vitamin D values throughout the region, particularly in India and China, toward the ending of this period. Although, the pharmaceutical nutraceutical and industries experienced a dip in demand, particularly in November, causing market imbalances. In India, the nutraceutical industry witnessed exponential growth, driven by favorable growth in the economy, growing manufacturing capacity, and a surge in new business inflows. Meanwhile, China faced a different scenario; despite rising production, weak international demand led to notable cost reductions.
This vitamin D price analysis can be expanded to include a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Vitamin D Price
The analysis of vitamin D prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Vitamin D Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Vitamin D Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of vitamin D pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of vitamin D at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of vitamin D price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing vitamin D price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Vitamin D Market Analysis
The global vitamin D market size reached US$ 1.5 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 2.9 Billion, at a projected CAGR of 7.40% during 2023-2032.
- Growing awareness about the vital function of vitamin D plays a significant role in sustaining general health and well-being. Consumers are becoming more aware about the benefits of vitamin D in maintaining immune system function, mood management, and bone health as they become more health-conscious and proactive about preventative healthcare. Demand for vitamin D supplements and fortified food products is increasing across all age groups, from young children to the elderly, as a result of this increased awareness. Supplementing with vitamin D is becoming more and more popular among consumers as scientific research highlights its ability to lower the risk of chronic diseases like diabetes, cardiovascular disorders, and some types of cancer.
- In response to the increasing demand from consumers for functional and fortified meals, the vitamin D market is experiencing a notable expansion in the fortification of food and beverage items with vitamin D. Vitamin D is being added by food makers to a greater variety of items, such as plant-based milk substitutes, breakfast cereals, juices, and dairy alternatives. Consumer demands for goods with additional nutritional value and health advantages are what's driving this development. Governments and health authorities are also supporting food fortification programs as an affordable way to address the widespread lack of vitamin D and enhance public health outcomes.
- The vitamin D market is witnessing a wave of innovations in delivery formats and formulations to enhance consumer convenience, efficacy, and compliance with supplementation regimens. Manufacturers are introducing novel vitamin D products in various forms, including chewable tablets, gummies, liquid drops, and dissolvable strips, catering to diverse consumer preferences and lifestyles. These innovative delivery formats offer advantages such as ease of administration, improved taste, and enhanced bioavailability, addressing common barriers to vitamin D supplementation, such as pill fatigue and swallowing difficulties. Moreover, advancements in encapsulation technologies enable the development of sustained-release formulations and combination products containing vitamin D with complementary nutrients, further enriching the product offerings in the vitamin D market. By continually diversifying and refining delivery options, manufacturers aim to broaden market access and drive consumer adoption of vitamin D supplementation as an integral component of daily health maintenance.
Vitamin D News
The report covers the latest developments, updates, and trends impacting the global vitamin D market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in vitamin D production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the vitamin D price trend.
Latest developments in the vitamin D industry:
- In 2024, DSM-firmenich, a leading Vitamin D manufactures to launch a “breakthrough” solution for gut health. The solution is clinically proven to raise vitamin D status 2.5 times faster than ordinary vitamin D1, unlocking the benefits of the “sunshine vitamin” more rapidly.
Product Description
A dietary supplement designed to help the body maintain appropriate levels of vitamin D is called a vitamin D3 supplement. The biologically active form of vitamin D, called vitamin D3 or cholecalciferol, is produced in the skin when exposed to sunshine or can be consumed through diet. For people who are at risk of vitamin D deficiency, have restricted diets, or get little sun exposure, this supplement offers a handy and dependable source of vitamin D3. The vitamin D3 supplement is safe for adults, kids, and newborns and comes in a variety of dosage forms, including soft gels, tablets, and liquid drops. It also allows for flexibility in dosage and administration. Produced in compliance with superior quality standards, this supplement guarantees potency and purity, devoid of common allergens and superfluous additives.
Frequent vitamin D3 intake boosts general wellbeing, enhances immune system function, and helps bone health by assisting in calcium absorption and usage. Vitamin D3 supplements are crucial for preserving optimum health and vigor in people of all ages, whether they are taken on their own or in conjunction with a thorough multivitamin program.
Report Coverage
Key Attributes |
Details |
Product Name |
Vitamin D |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Vitamin D Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece*
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Product Portfolio
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of vitamin D pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting vitamin D price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The vitamin D price charts ensure our clients remain at the forefront of the industry.