Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain (FOB) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain (CIF) - 2022
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $663,979 per ton, shrinking by -2.5% against the previous year. Overall, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 39%. The export price peaked at $916,995 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($2,013,281 per ton), while the average price for exports to Senegal ($72,279 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 Senegal (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $82,724 per ton, growing by 169% against the previous year. In general, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 265% against the previous year. As a result, import price attained the peak level of $90,155 per ton. From 2020 to 2022, the average import prices remained 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 China ($607,993 per ton), while the price for Italy ($18,621 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain
In 2022, shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -12.9% to 16 tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -14.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 54% against the previous year. As a result, the exports reached the peak of 18 tons. 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 shrank significantly to $10M in 2022. Overall, exports continue to indicate a mild contraction. The growth pace was the most rapid in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $12M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,725 | 4,174 | 3,564 | 2,571 | -1.9% |
| United States | 842 | 1,851 | 2,202 | 1,868 | 30.4% |
| South Korea | 602 | 662 | 839 | 866 | 12.9% |
| Poland | 99.5 | 693 | 532 | 706 | 92.2% |
| Turkey | 189 | 372 | 351 | 654 | 51.3% |
| Indonesia | 465 | 434 | 550 | 577 | 7.5% |
| Egypt | 1,015 | 933 | 409 | 415 | -25.8% |
| Germany | 1,934 | 647 | 865 | 404 | -40.7% |
| Portugal | 196 | 201 | 92.0 | 357 | 22.1% |
| Belgium | 186 | 158 | 155 | 139 | -9.3% |
| Senegal | N/A | 49.0 | 0.5 | 87.2 | 33.4% |
| Russia | 86.9 | N/A | N/A | 66.0 | -8.8% |
| Italy | 82.7 | 155 | 104 | 51.3 | -14.7% |
| Others | 2,256 | 2,074 | 2,467 | 1,538 | -12.0% |
| Total | 10,679 | 12,402 | 12,129 | 10,298 | -1.2% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Spain in 2022:
- Japan (4.3 tons)
- United States (2.2 tons)
- Poland (2.0 tons)
- Senegal (1.2 tons)
- Germany (0.7 tons)
- Portugal (0.6 tons)
- Turkey (0.4 tons)
- Egypt (0.4 tons)
- Indonesia (0.4 tons)
- South Korea (0.4 tons)
- Russia (0.4 tons)
- Italy (0.3 tons)
- Belgium (0.3 tons)
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain
In 2022, overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -56.4% to 95 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 59% against the previous year.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds skyrocketed to $7.9M in 2022. In general, imports showed a deep slump.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.6 | 9.2 | 4.9 | 5.8 | -15.5% |
| Netherlands | 0.5 | 1.4 | 1.1 | 0.8 | 17.0% |
| France | 0.6 | 0.5 | 0.5 | 0.8 | 10.1% |
| Germany | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Italy | N/A | N/A | N/A | 0.1 | 0% |
| Portugal | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.2 | N/A | 0.1 | -41.5% |
| Total | 11.2 | 11.4 | 6.7 | 7.9 | -11.0% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Spain in 2022:
- France (40.2 tons)
- Netherlands (27.3 tons)
- China (9.5 tons)
- Germany (8.0 tons)
- Portugal (4.4 tons)
- Italy (3.5 tons)
- Belgium (1.4 tons)
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This report provides an in-depth analysis of the vitamin market in Spain.
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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 Spain.
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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.
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.
1494
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.
1494
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...
