Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Norway - 2024

Contents:

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

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

In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $33,012 per ton, picking up by 18% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the maximum at $38,554 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 the Netherlands ($44,083 per ton), while the price for Denmark ($29,322 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $113,000 per ton, picking up by 218% against the previous year. Overall, the export price recorded a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +24.0% per year.

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

In 2022, imports of vitamins; vitamin B1 and its derivatives, unmixeds into Norway shrank dramatically to 19 tons, falling by -21.3% compared with the year before. Over the period under review, imports recorded a mild reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports attained the peak of 24 tons, and then fell markedly in the following year.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds fell to $619K in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports reached the peak of $668K, and then contracted in the following year.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19520225831116.8%
Denmark91.067.110621934.0%
United Kingdom4.67.312.860.3135.8%
Netherlands27.313.70.70.5-73.6%
Others28824629027.1-54.5%
Total6055366686190.8%

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

  1. China (8.9 tons)
  2. Denmark (7.5 tons)
  3. United Kingdom (1.9 tons)

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

In 2022, overseas shipments of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -76.3% to 9 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. As a result, the exports reached the peak of 46 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds fell remarkably to $1K in 2022. Overall, exports saw a abrupt descent. The smallest decline of -0.2% was in 2020.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Norway (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark10087.03.01,017116.7%
ChinaN/A210N/AN/A0%
SwedenN/AN/A617N/A0%
Netherlands1,5881,36138.0N/A-84.5%
OthersN/A26.0694N/A2569.2%
Total1,6881,6841,3521,017-15.5%

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

  1. Denmark (9.0 kg)
Store
Blog
Event
The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 319

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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 428

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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1519

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 901

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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 319

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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 428

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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1519

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 901

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...

Free Data: Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Norway - 2024