Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia - 2024
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $58,468 per ton, picking up by 62% against the previous year. Overall, the import price saw a notable expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 101%. As a result, import price reached the peak level of $73,051 per ton. From 2015 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 France ($192,148 per ton), while the price for China ($17,468 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $236,017 per ton in 2022, picking up by 649% against the previous year. Over the period under review, the export price, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2014 an increase of 1,090%. The export price peaked at $3,252,316 per ton in 2015; however, from 2016 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 Turkey ($295,697 per ton), while the average price for exports to Bosnia and Herzegovina ($33,167 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 Montenegro (-3.4%), while the prices for the other major destinations experienced a decline.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia
Imports of vitamins; vitamin B12 and its derivatives, unmixeds into Serbia skyrocketed to 2.6 tons in 2022, picking up by 51% against 2021. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 173%. As a result, imports reached the peak of 5.6 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds skyrocketed to $153K in 2022. Overall, imports recorded a buoyant expansion.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 38.2 | 0% |
| France | 69.6 | 102 | 0.1 | 28.6 | -25.7% |
| China | 29.1 | 59.7 | 13.6 | 28.3 | -0.9% |
| India | N/A | 27.8 | 23.4 | 22.8 | -9.4% |
| Spain | N/A | N/A | N/A | 15.8 | 0% |
| Switzerland | 4.8 | 17.8 | 17.8 | 9.3 | 24.7% |
| Hungary | 4.3 | 4.8 | 1.0 | N/A | -51.8% |
| Netherlands | 0.2 | 1.1 | 3.1 | N/A | 293.7% |
| Others | 0.2 | 3.0 | 3.3 | 9.8 | 265.9% |
| Total | 108 | 217 | 62.4 | 153 | 12.3% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Serbia in 2022:
- China (1618.0 kg)
- India (341.0 kg)
- United States (217.0 kg)
- France (149.0 kg)
- Switzerland (101.0 kg)
- Spain (96.0 kg)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia
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 2,917% to 181 kg. Overall, exports, however, saw a dramatic descent.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds skyrocketed to $43K in 2022. In general, exports, however, saw a sharp reduction.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 68.5 | 99.0 | N/A | 39.0 | -17.1% |
| Montenegro | 25.3 | 0.2 | N/A | 2.9 | -51.4% |
| Bosnia and Herzegovina | 1.6 | 1.3 | 0.2 | 0.8 | -20.6% |
| North Macedonia | N/A | 4.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 95.4 | 105 | 0.2 | 42.7 | -23.5% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Serbia in 2022:
- Turkey (132.0 kg)
- Montenegro (25.0 kg)
- Bosnia and Herzegovina (24.0 kg)
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This report provides an in-depth analysis of the vitamin market in Serbia.
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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 Serbia.
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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...
