Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $24,251 per ton, remaining stable against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 56% against the previous year. Over the period under review, average import prices reached the peak figure at $43,781 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($35,303 per ton), while the price for Croatia ($3,007 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary (FOB) - 2022
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $35,386 per ton in 2022, rising by 12% against the previous year. Over the period under review, the export price, however, recorded a mild slump. Over the period under review, the average export prices reached the maximum at $48,313 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($38,240 per ton), while the average price for exports to Serbia ($19,260 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 South Africa (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary
Imports of vitamins; vitamin B1 and its derivatives, unmixeds into Hungary rose modestly to 62 tons in 2022, surging by 2.6% on 2021. In general, imports, however, recorded a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by 4.4% against the previous year.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds totaled $1.5M in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 819 | 800 | 767 | 711 | -4.6% |
| Denmark | 516 | 107 | 198 | 343 | -12.7% |
| Germany | 220 | 148 | 152 | 188 | -5.1% |
| France | 186 | 254 | 234 | 116 | -14.6% |
| China | 85.3 | 73.9 | 64.1 | 76.8 | -3.4% |
| Belgium | 56.9 | 48.6 | 40.1 | 43.2 | -8.8% |
| Croatia | N/A | N/A | N/A | 14.4 | 0% |
| Others | 102 | 52.1 | 1.7 | 8.5 | -56.3% |
| Total | 1,985 | 1,484 | 1,458 | 1,501 | -8.9% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Hungary in 2022:
- Netherlands (27.9 tons)
- Denmark (12.0 tons)
- France (7.2 tons)
- Germany (5.5 tons)
- Croatia (4.8 tons)
- China (2.2 tons)
- Belgium (2.0 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary
In 2022, shipments abroad of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -79.6% to 754 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year. As a result, the exports attained the peak of 5.2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds shrank notably to $27K in 2022. In general, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 61%. As a result, the exports reached the peak of $178K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | 8.9 | 11.3 | 27.0% |
| Germany | N/A | 4.7 | 3.8 | 9.6 | 42.9% |
| Czech Republic | 0.7 | N/A | N/A | 2.6 | 54.9% |
| South Africa | N/A | N/A | 0.8 | 1.0 | 25.0% |
| Serbia | 1.7 | 1.6 | 2.6 | 1.0 | -16.2% |
| Netherlands | N/A | 38.9 | N/A | 0.9 | -84.8% |
| South Korea | 51.2 | 81.7 | 100 | N/A | 39.8% |
| Egypt | 41.7 | 40.1 | N/A | N/A | -3.8% |
| Mexico | 15.4 | 11.3 | N/A | N/A | -26.6% |
| Others | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Total | 111 | 178 | 116 | 26.7 | -37.8% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Hungary in 2022:
- Colombia (300.0 kg)
- Germany (275.0 kg)
- Czech Republic (75.0 kg)
- Serbia (50.0 kg)
- Netherlands (25.0 kg)
- South Africa (25.0 kg)
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This report provides an in-depth analysis of the vitamin market in Hungary.
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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 Hungary.
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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...
