Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark (CIF) - 2023
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark (CIF) - 2023
The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $25,914 per ton in November 2023, picking up by 27% against the previous month. In general, the import price, however, recorded a perceptible slump. The growth pace was the most rapid in April 2023 when the average import price increased by 337% against the previous month. As a result, import price attained the peak level of $140K per ton. From May 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($136K per ton), while the price for the Netherlands ($16,766 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $33,318 per ton, with an increase of 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2018 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($47,080 per ton), while the average price for exports to Finland ($21,397 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 Norway (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark
For the third consecutive year, Denmark recorded decline in overseas purchases of vitamins; vitamin B1 and its derivatives, unmixeds, which decreased by -13.3% to 39 tons in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -7.5% was in 2021.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds soared to $2M in 2022. Over the period under review, imports showed a abrupt descent.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 121 | 251 | 313 | 554 | 66.1% |
| Poland | 190 | 257 | 113 | 497 | 37.8% |
| China | 1,209 | 607 | 776 | 493 | -25.8% |
| Germany | 419 | 339 | 355 | 207 | -20.9% |
| Hong Kong SAR | N/A | N/A | 2.5 | 188 | 7420.0% |
| Sweden | 502 | N/A | 64.1 | 68.6 | -48.5% |
| Others | 4.9 | 7.4 | 18.4 | 33.4 | 89.6% |
| Total | 2,445 | 1,462 | 1,642 | 2,040 | -5.9% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Denmark in 2022:
- China (15.0 tons)
- Netherlands (10.5 tons)
- Poland (5.2 tons)
- Germany (4.6 tons)
- Hong Kong SAR (2.9 tons)
- Sweden (0.6 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark
In 2022, shipments abroad of vitamins; vitamin B1 and its derivatives, unmixeds was finally on the rise to reach 22 tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $719K in 2022. Over the period under review, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 142 | 74.6 | 92.6 | 502 | 52.3% |
| Sweden | 47.1 | 46.2 | 68.0 | 84.5 | 21.5% |
| Finland | 117 | 119 | 87.8 | 50.1 | -24.6% |
| Latvia | 69.1 | 71.5 | 39.7 | 34.4 | -20.7% |
| Germany | 67.3 | 58.2 | N/A | 1.2 | -73.9% |
| Others | 19.0 | 13.1 | 51.1 | 46.8 | 35.1% |
| Total | 462 | 382 | 339 | 719 | 15.9% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Denmark in 2022:
- Norway (14.5 tons)
- Sweden (2.4 tons)
- Finland (2.3 tons)
- Latvia (1.4 tons)
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This report provides an in-depth analysis of the vitamin market in Denmark.
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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 Denmark.
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This report provides an in-depth analysis of the global vitamin market.
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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.
404
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.
1482
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...
873
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...
278
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.
404
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.
1482
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...
873
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...
