Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria - 2023

Contents:

  1. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria (CIF) - 2022
  2. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria (FOB) - 2022
  3. Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria
  4. Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria (CIF) - 2022

The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $61,981 per ton in 2022, dropping by -2.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 33%. The import price peaked at $76,729 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($99,062 per ton), while the price for the Netherlands ($29,208 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $22,130 per ton, declining by -4.5% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of 25% against the previous year. The export price peaked at $65,231 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($79,432 per ton), while the average price for exports to Italy ($19,965 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+44.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria

In 2022, the amount of vitamins; vitamin B1 and its derivatives, unmixeds imported into Austria skyrocketed to 121 tons, rising by 37% against the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds skyrocketed to $7.5M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.64.14.05.45.5%
NetherlandsN/A0.61.21.452.8%
China0.2N/A0.10.644.2%
Germany0.70.50.30.1-47.7%
Others0.1N/AN/AN/A0%
Total5.75.25.67.59.6%

Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Austria in 2022:

  1. India (54.7 tons)
  2. Netherlands (48.0 tons)
  3. China (15.2 tons)
  4. Germany (2.4 tons)

Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria

In 2022, overseas shipments of vitamins; vitamin B1 and its derivatives, unmixeds increased by 293% to 4.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds skyrocketed to $91K in 2022. Over the period under review, exports, however, showed a abrupt decline.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16.814.613.476.765.9%
PolandN/AN/A1.95.9210.5%
Germany36.46.03.65.2-47.7%
Slovakia17.6N/AN/AN/A0%
Peru30.140.7N/AN/A35.2%
Denmark6.54.4N/AN/A-32.3%
Others13.92.95.43.3-38.1%
Total12168.624.391.1-9.0%

Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Austria in 2022:

  1. Italy (3.8 tons)
  2. Germany (0.1 tons)
  3. Poland (0.1 tons)
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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. 

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