Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $40,996 per ton, with an increase of 6% against the previous year. Overall, the import price recorded a resilient increase. The growth pace was the most rapid in 2019 an increase of 93% against the previous year. As a result, import price attained the peak level of $121,463 per ton. From 2020 to 2022, the average 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 Germany ($96,098 per ton), while the price for China ($21,360 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $5,231 per ton in 2022, which is down by -59% against the previous year. In general, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 58% against the previous year. The export price peaked at $21,544 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($9,295 per ton), while the average price for exports to Estonia ($2,154 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 Estonia (-3.0%), while the prices for the other major destinations experienced a decline.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania
In 2022, approx. 5.5 tons of vitamins; vitamin B12 and its derivatives, unmixeds were imported into Lithuania; with an increase of 108% compared with the previous year. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 127% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $227K in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | N/A | 137 | 0% |
| China | 0.9 | 37.7 | 43.9 | 40.5 | 255.7% |
| Spain | 12.9 | 14.2 | 12.8 | 23.2 | 21.6% |
| Netherlands | 5.9 | 4.3 | 11.2 | 9.8 | 18.4% |
| Germany | 26.7 | 3.4 | N/A | 5.9 | -39.5% |
| France | 3.1 | N/A | 11.8 | 2.5 | -6.9% |
| Latvia | 30.6 | 37.6 | 17.6 | N/A | -24.2% |
| Others | 3.0 | 3.9 | 5.4 | 8.3 | 40.4% |
| Total | 83.1 | 101 | 103 | 227 | 39.8% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Lithuania in 2022:
- Finland (2872.0 kg)
- China (1897.0 kg)
- Spain (290.0 kg)
- Netherlands (245.0 kg)
- France (94.0 kg)
- Germany (61.0 kg)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania
In 2022, after two years of decline, there was significant growth in shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds, when their volume increased by 21,975% to 883 kg. Over the period under review, exports, however, showed a precipitous contraction.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $4.6K in 2022. In general, exports, however, showed a significant decline.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | 0.4 | 0.1 | 3.6 | 200.0% |
| Estonia | N/A | N/A | N/A | 0.6 | 0% |
| Latvia | 0.8 | N/A | N/A | 0.4 | -20.6% |
| Russia | 21.5 | N/A | N/A | N/A | 0% |
| Uzbekistan | 7.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.7 | 0.4 | 0.1 | 4.6 | -46.3% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Lithuania in 2022:
- Belarus (559.0 kg)
- Estonia (280.0 kg)
- Latvia (44.0 kg)
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This report provides an in-depth analysis of the vitamin market in Lithuania.
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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 Lithuania.
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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.
405
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.
1483
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...
874
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.
405
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.
1483
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...
874
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...
