Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway - 2024
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $31,820 per ton, falling by -22.3% against the previous year. Overall, the import price, however, posted resilient growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 68% against the previous year. The import price peaked at $69,836 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($250,512 per ton), while the price for Greece ($8,688 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $120,111 per ton, approximately equating the previous year. Over the period under review, the export price, however, faced a abrupt contraction. The growth pace was the most rapid in 2021 an increase of 51% against the previous year. Over the period under review, the average export prices hit record highs at $590,271 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($562,000 per ton), while the average price for exports to Estonia ($86,333 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 Germany (+28.8%).
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway
In 2022, purchases abroad of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -4% to 4.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 218%.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds shrank remarkably to $137K in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 195% against the previous year. As a result, imports attained the peak of $189K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.1 | 50.6 | 70.8 | 51.9 | 44.8% |
| Denmark | 32.0 | 90.9 | 96.6 | 46.9 | 13.6% |
| Sweden | 3.5 | 1.9 | 0.3 | 19.0 | 75.7% |
| United States | 2.3 | 4.4 | 4.7 | 12.6 | 76.3% |
| Greece | N/A | N/A | N/A | 3.2 | 0% |
| Germany | 1.1 | 14.8 | 3.1 | 2.2 | 26.0% |
| Netherlands | 2.7 | 10.5 | 3.5 | N/A | 13.9% |
| Others | 5.5 | 15.6 | 4.7 | 1.5 | -35.2% |
| Total | 64.1 | 189 | 184 | 137 | 28.8% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Norway in 2022:
- Denmark (3222.0 kg)
- Greece (369.0 kg)
- United States (249.0 kg)
- Sweden (217.0 kg)
- China (207.0 kg)
- Germany (37.0 kg)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway
In 2022, approx. 18 kg of vitamins; vitamin B12 and its derivatives, unmixeds were exported from Norway; jumping by 38% compared with the previous year's figure. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 314%. As a result, the exports reached the peak of 29 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds surged to $2.2K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 273% against the previous year. As a result, the exports attained the peak of $2.3K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | N/A | N/A | N/A | 1.0 | 0% |
| Canada | N/A | N/A | N/A | 0.6 | 0% |
| Denmark | 0.6 | 2.3 | 1.6 | 0.6 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.6 | 2.3 | 1.6 | 2.2 | 54.2% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Norway in 2022:
- Estonia (12.0 kg)
- Denmark (5.0 kg)
- Canada (1.0 kg)
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This report provides an in-depth analysis of the vitamin market in Norway.
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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 Norway.
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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.
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.
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.
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.
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...
