Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus - 2022
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus (FOB) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus (CIF) - 2022
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $22,882 per ton in 2022, standing approx. at the previous year. Overall, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2014 when the average export price increased by 144%. The export price peaked at $143,137 per ton in 2015; however, from 2016 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 Russia ($22,920 per ton), while the average price for exports to Azerbaijan totaled $8,429 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (-9.0%).
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $33,493 per ton, which is down by -50% against the previous year. In general, the import price recorded a abrupt slump. The growth pace was the most rapid in 2019 when the average import price increased by 75% against the previous year. Over the period under review, average import prices hit record highs at $78,212 per ton in 2020; however, from 2021 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 ($287,286 per ton), while the price for Lithuania ($14,486 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus
In 2022, the amount of vitamins; vitamin B12 and its derivatives, unmixeds exported from Belarus stood at 11 tons, remaining relatively unchanged against the previous year. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 198% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds totaled $243K in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 142%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 61.0 | 148 | 241 | 243 | 58.5% |
| Others | 0.3 | 0.3 | 0.6 | 0.2 | -12.6% |
| Total | 61.3 | 148 | 242 | 243 | 58.3% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Belarus in 2022:
- Russia (10.6 tons)
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus
In 2022, imports of vitamins; vitamin b12 and its derivatives, unmixeds into Belarus reduced rapidly to 1.3 tons, waning by -59.7% on the previous year's figure. Over the period under review, imports saw a sharp shrinkage. The smallest decline of -25.8% was in 2020.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds contracted notably to $44K in 2022. Overall, imports recorded a significant curtailment. The smallest decline of -2.7% was in 2020.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 8.7 | 23.3 | 53.8 | 19.4 | 30.6% |
| China | 436 | 403 | 115 | 6.0 | -76.0% |
| Switzerland | 13.8 | 18.7 | 16.4 | 5.9 | -24.7% |
| Belgium | 11.6 | 14.0 | 2.1 | 3.0 | -36.3% |
| Poland | 27.8 | 27.4 | 15.5 | 2.5 | -55.2% |
| Germany | 2.1 | 1.3 | 3.6 | 1.3 | -14.8% |
| France | 1.5 | 3.3 | 3.1 | 1.2 | -7.2% |
| Lithuania | 16.0 | 11.1 | 6.5 | 1.0 | -60.3% |
| Others | 0.9 | 1.6 | 0.6 | 3.2 | 52.6% |
| Total | 518 | 504 | 217 | 43.6 | -56.2% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Belarus in 2022:
- Russia (953.0 kg)
- Belgium (82.0 kg)
- Lithuania (72.0 kg)
- Switzerland (64.0 kg)
- Poland (45.0 kg)
- France (30.0 kg)
- Germany (27.0 kg)
- China (21.0 kg)
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This report provides an in-depth analysis of the vitamin market in Belarus.
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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 Belarus.
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This report provides an in-depth analysis of the global vitamin market.
316
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.
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.
1517
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...
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...
316
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.
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.
1517
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...
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...
