Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain (CIF) - 2023
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain (CIF) - 2023
The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $16,009 per ton in November 2023, shrinking by -45.1% against the previous month. Over the period under review, the import price saw a deep downturn. The growth pace was the most rapid in August 2023 an increase of 39% month-to-month. The import price peaked at $34,059 per ton in September 2023; however, from October 2023 to November 2023, 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 ($31,336 per ton), while the price for China ($13,742 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 (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain (FOB) - 2022
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $28,186 per ton in 2022, which is down by -18.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 50% against the previous year. The export price peaked at $60,528 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($162,455 per ton), while the average price for exports to Russia ($18,007 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 Belgium (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain
In 2022, approx. 131 tons of vitamins; vitamin B1 and its derivatives, unmixeds were imported into Spain; reducing by -38.5% against the previous year's figure. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. As a result, imports reached the peak of 213 tons, and then shrank sharply in the following year.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds contracted significantly to $3.6M in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports attained the peak of $5.9M, and then plummeted in the following year.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 194 | 2,197 | 2,344 | 1,646 | 104.0% |
| China | 2,800 | 1,334 | 2,817 | 1,519 | -18.4% |
| Germany | 1,390 | 763 | 446 | 300 | -40.0% |
| France | 156 | 213 | 155 | 109 | -11.3% |
| Belgium | 66.5 | 36.2 | 97.8 | 7.5 | -51.7% |
| Others | 108 | 193 | 22.1 | 53.1 | -21.1% |
| Total | 4,716 | 4,736 | 5,881 | 3,636 | -8.3% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Spain in 2022:
- China (66.1 tons)
- Netherlands (47.6 tons)
- Germany (10.0 tons)
- France (5.4 tons)
- Belgium (0.4 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain
In 2022, overseas shipments of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -18.6% to 49 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a mild curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. As a result, the exports reached the peak of 60 tons, and then shrank markedly in the following year.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds fell rapidly to $1.4M in 2022. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 15% against the previous year.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 424 | 502 | 637 | 333 | -7.7% |
| Portugal | 149 | 103 | 112 | 227 | 15.1% |
| Poland | 90.5 | 17.2 | 17.2 | 211 | 32.6% |
| Germany | 586 | 621 | 535 | 175 | -33.2% |
| Russia | N/A | N/A | 315 | 126 | -60.0% |
| France | 15.6 | 112 | 77.0 | 84.2 | 75.4% |
| Netherlands | 21.8 | 45.0 | 9.7 | 67.2 | 45.5% |
| Morocco | 60.7 | 64.2 | 43.0 | 46.0 | -8.8% |
| Dominican Republic | 24.0 | 38.9 | 26.0 | 11.2 | -22.4% |
| United Kingdom | 216 | 192 | 73.5 | 5.2 | -71.1% |
| Turkey | 33.4 | 123 | 50.6 | N/A | 23.1% |
| Ukraine | 34.7 | 20.2 | 27.3 | N/A | -11.3% |
| Others | 108 | 185 | 167 | 97.4 | -3.4% |
| Total | 1,763 | 2,024 | 2,089 | 1,384 | -7.8% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Spain in 2022:
- Italy (15.1 tons)
- Poland (10.4 tons)
- Russia (7.0 tons)
- Portugal (6.7 tons)
- Morocco (2.2 tons)
- Netherlands (1.7 tons)
- Germany (1.4 tons)
- France (1.2 tons)
- Dominican Republic (0.5 tons)
- United Kingdom (0.2 tons)
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This report provides an in-depth analysis of the vitamin market in Spain.
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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 Spain.
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This report provides an in-depth analysis of the global vitamin market.
291
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.
416
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.
1496
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...
885
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...
291
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.
416
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.
1496
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...
885
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...
