Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania (FOB) - 2023
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $259,815 per ton in 2022, with an increase of 45% against the previous year. In general, the import price showed a significant expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 235% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Hungary ($337,733 per ton), while the price for Denmark ($37,651 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+138.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania (FOB) - 2023
In November 2023, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $371K per ton, remaining stable against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 6.2% against the previous month. As a result, the export price reached the peak level of $376K per ton. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Czech Republic.
From December 2022 to November 2023, the rate of growth in terms of prices for the Czech Republic amounted to +0.5% per month.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania
In 2022, approx. 14 tons of vitamins; vitamin B12 and its derivatives, unmixeds were imported into Romania; waning by -17.2% against the previous year's figure. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 591% against the previous year. As a result, imports attained the peak of 17 tons, and then fell dramatically in the following year.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds surged to $3.6M in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 2,218% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | 0.1 | 2,895 | 3,488 | 18576.2% |
| Denmark | N/A | 38.0 | 12.6 | 101 | 63.0% |
| Netherlands | 78.3 | 37.1 | 65.3 | 28.8 | -28.4% |
| China | 29.8 | 35.1 | 10.8 | 0.9 | -68.9% |
| Others | 6.3 | 20.2 | 39.2 | 19.2 | 45.0% |
| Total | 114 | 130 | 3,023 | 3,638 | 217.2% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Romania in 2022:
- Hungary (10.3 tons)
- Denmark (2.7 tons)
- Netherlands (0.7 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania
After two years of growth, overseas shipments of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -33.2% to 11 tons in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 44,869%. As a result, the exports attained the peak of 16 tons, and then shrank notably in the following year.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds skyrocketed to $3.6M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 231,338%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Czech Republic | N/A | 2.8 | 3.6 | 28.6% | |
| Slovakia | N/A | 0.2 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | N/A | 3.0 | 3.6 | 20.0% | |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Romania in 2022:
- Czech Republic (10.4 tons)
762
This report provides an in-depth analysis of the vitamin market in Romania.
2813
This report provides an in-depth analysis of the global vitamin market.
762
This report provides an in-depth analysis of the vitamin market in Romania.
2813
This report provides an in-depth analysis of the global vitamin market.
290
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.
414
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.
1495
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...
883
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...
290
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.
414
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.
1495
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...
883
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...
