Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia - 2023

Contents:

  1. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia (CIF) - 2022
  2. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia (FOB) - 2022
  3. Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia
  4. Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia

Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $152,402 per ton, shrinking by -6.1% against the previous year. In general, the import price recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 80% against the previous year. Over the period under review, average import prices attained the maximum at $3,285,182 per ton in 2015; however, from 2016 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 ($891,667 per ton), while the price for the Czech Republic ($20,045 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+32.4%), while the prices for the other major suppliers experienced a decline.

Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia (FOB) - 2022

The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $341,088 per ton in 2022, jumping by 307% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($345,719 per ton), while the average price for exports to Turkey amounted to $267,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+218.9%).

Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia

Imports of vitamins; vitamin B12 and its derivatives, unmixeds into Estonia soared to 666 kg in 2022, rising by 24% against 2021. Over the period under review, imports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds surged to $102K in 2022. In general, imports, however, faced a abrupt downturn.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland56.454.739.760.12.1%
NetherlandsN/A18.623.927.521.6%
China88.2N/A22.08.0-55.1%
United KingdomN/A3.1N/A1.6-28.2%
Czech RepublicN/AN/A1.21.38.3%
NorwayN/AN/AN/A1.00%
Others8.10.60.71.9-38.3%
Total15377.187.5102-12.6%

Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Estonia in 2022:

  1. Finland (498.0 kg)
  2. Czech Republic (66.0 kg)
  3. Netherlands (44.0 kg)
  4. United Kingdom (18.0 kg)
  5. Norway (11.0 kg)
  6. China (9.0 kg)

Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia

In 2022, approx. 34 kg of vitamins; vitamin B12 and its derivatives, unmixeds were exported from Estonia; growing by 386% against the previous year's figure. Over the period under review, exports, however, saw a precipitous shrinkage.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds surged to $12K in 2022. In general, exports, however, showed a pronounced shrinkage.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United StatesN/AN/A11.10%
TurkeyN/A0.60.5-16.7%
Norway12.4N/AN/A0%
OthersN/AN/AN/A0%
Total12.40.611.6-3.3%

Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Estonia in 2022:

  1. United States (32.0 kg)
  2. Turkey (2.0 kg)
Store
Blog
Event
The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 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.

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

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

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

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

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

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

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

Free Data: Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Estonia - 2023