Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $97,397 per ton, rising by 4.6% against the previous year. In general, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 235%. The import price peaked at $119,105 per ton in 2019; however, from 2020 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 the Czech Republic ($113,399 per ton), while the price for Hungary ($23,681 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+19.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $124,127 per ton, increasing by 22% against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 73%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($129,408 per ton), while the average price for exports to the Czech Republic amounted to $56,814 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+6.8%).
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia
In 2022, after three years of growth, there was significant decline in purchases abroad of vitamins; vitamin B12 and its derivatives, unmixeds, when their volume decreased by -44.5% to 164 tons. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 4,723% against the previous year. As a result, imports attained the peak of 295 tons, and then contracted markedly in the following year.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds contracted notably to $16M in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 7,373%. As a result, imports attained the peak of $27M, and then contracted significantly in the following year.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | 27.0 | 14.9 | -44.8% |
| Hungary | N/A | N/A | N/A | 0.6 | 0% |
| Germany | N/A | 0.3 | 0.4 | 0.4 | 15.5% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.1 | 0.4 | 27.5 | 16.0 | 442.9% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Slovakia in 2022:
- Czech Republic (131.4 tons)
- Hungary (26.8 tons)
- Germany (4.8 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia
In 2022, after three years of growth, there was significant decline in shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds, when their volume decreased by -82.3% to 37 tons. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 5,988%. As a result, the exports attained the peak of 209 tons, and then dropped sharply in the following year.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds shrank significantly to $4.6M in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 10,433% against the previous year. As a result, the exports attained the peak of $21M, and then reduced sharply in the following year.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | 20.9 | 4.4 | -78.9% |
| Czech Republic | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.2 | 0.2 | 21.2 | 4.6 | 184.4% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Slovakia in 2022:
- Hungary (34.2 tons)
- Czech Republic (2.4 tons)
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This report provides an in-depth analysis of the vitamin market in Slovakia.
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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 Slovakia.
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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.
386
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.
1458
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...
864
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...
254
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.
386
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.
1458
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...
864
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...
