According to the latest statistics from the Customs, China exported 146,300 tons of vitamin products in 2009, a decrease of 5.93% over the same period of last year; the amount of exports exceeded 2 billion US dollars, a decrease of 3.44% from the same period of last year; the average export price was 14.15 USD/kg, Rose 2.66%.
In 2009, the export of vitamin commodities was affected by the international financial crisis, but the performance of the two pillar products of VC and VE is still commendable. In 2010, the export of vitamin products was still grim.

Annual export prices are stable

In 2009, the export prices of vitamin products were stable compared with the same period of last year, basically fluctuating around the price of US$14/kg. From the monthly export prices, prices from January to April all showed a significant increase year-on-year. As the financial crisis affected the declining demand in the global market, the main reasons for the higher export prices of vitamin products in the month compared to the same period last year were the increase in prices of basic raw materials, the increase in labor costs and environmental protection costs, and these internal factors contributed to vitamin products in 2009. Prices have not been affected by the market downturn and remained stable throughout the year. The export prices in May-August 2009 have dropped significantly year-on-year, mainly because the same period last year happened to be the pre-Olympics, when the prices of vitamin products rose irrationally. In December, the export prices of vitamin products were basically the same as last year.

Exports to major markets shrink in varying degrees

In recent years, the global vitamin market demand has been at a steady rising stage. China's vitamin product exports have maintained an annual growth rate of more than 5% since 2005.

In 2009, China’s vitamin products were exported to 124 countries and regions. Among them, 35% were exported to the EU, 27% were exported to the United States, and 8% were exported to Japan. The international financial crisis produced certain export of vitamin products in China. The negative impact of 2009, the number of vitamin products exports for the first time there is a rare negative growth, of which the number of exports to the main market decreased by 10%, the larger decline in the number of exports of the market is the United States, the Netherlands, the United Kingdom, Spain and Italy. 2009 The market with a larger increase in the export volume of vitamin products in China is South Korea, India, France, Vietnam and Indonesia.

VC, VE exports worthy of praise

In 2009, in the export of vitamin products, the performance of VC and VE two pillar products is still commendable, the two together accounted for 65% of the export volume of vitamin products; other unmixed vitamins and derivatives accounted for 16%; B Family vitamins account for 14%; VA accounts for less than 3%.

At present, the world's VC manufacturers are mainly concentrated in China. There is only one DSM Scotland factory abroad. China's VC products have advanced technology, large scale, and good quality. The international market has a higher dependence on China's VC. VC is mainly used in pharmaceuticals and health products. The areas such as soft drinks and feeds are necessary for daily life, and the market demand has been increasing year by year. In 2009, although VC export was also affected by the financial crisis, the main markets such as Europe and the United States were in a downturn and demand declined to a certain extent, but export prices were relatively strong. Ultimately, the total annual export volume has maintained continuous growth in recent years.

Like VC, VE industry concentration is relatively high, and market supply and demand are basically balanced. VE production is more difficult, there are many synthesis reaction steps, involves the production of multiple key intermediates, large capital investment, and high industry entry barriers. There are four major manufacturers of VE, mainly DSM and BASF in foreign countries, Zhejiang Pharmaceutical Co., Ltd. and Zhejiang Xinxue in the country. In the first quarter of 2009, the number of VE exports was only 0.44 million tons, a sharp drop of 50% year-on-year, mainly because In 2008, the price rose too fast and there were many customers in stock. It was too late to digest; second, the positive value of VE exports was off-season at the beginning of the year; and third, the overall market demand also showed a downward trend. After entering April and May 2009, it went into inventory. At the end of the process, the aquaculture industry gradually recovered, and the number of VE exports increased significantly. At the same time, VE export prices also started to end the month-on-month decline, achieving a month-on-month rise of 13% in June, and remained at the end of the year.

This year's vitamin exports have "internal and external problems"

At present, it seems that the trend of the spread of the global financial crisis has not been effectively curbed. The slowdown in global demand caused by the economic recession and the deterioration of the international trade environment will keep China's export industry from continuing to haze in 2010. It is plagued by the external environment. At the same time, the problem of new domestic production capacity and overcapacity has also become increasingly prominent. Under the “internal and external problems”, the export of vitamin products in 2010 is still grim.