Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina - 2023

Contents:

  1. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina (CIF) - 2022
  2. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina (FOB) - 2022
  3. Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina
  4. Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina (CIF) - 2022

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $16,476 per ton in 2022, growing by 7.2% against the previous year. In general, the import price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2016 an increase of 16% against the previous year. The import price peaked at $25,511 per ton in 2017; however, from 2018 to 2022, 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 ($152,469 per ton), while the price for South Korea ($14,036 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.2%), while the prices for the other major suppliers experienced a decline.

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $100,400 per ton, increasing by 41% against the previous year. Over the period under review, the export price posted a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 125%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($173,500 per ton), while the average price for exports to Brazil ($1,000 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 Uruguay (+40.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina

In 2022, approx. 128 tons of vitamins; vitamin B2 and its derivatives, unmixeds were imported into Argentina; growing by 21% on the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 53% against the previous year. As a result, imports attained the peak of 135 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds soared to $2.1M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea5568828311,07824.7%
Germany27540828364332.7%
China38717289.4122-31.9%
Others312497415262-5.7%
Total1,5301,9581,6182,10411.2%

Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Argentina in 2022:

  1. South Korea (76.8 tons)
  2. Germany (43.5 tons)
  3. China (5.6 tons)

Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina

In 2022, approx. 5 kg of vitamins; vitamin B2 and its derivatives, unmixeds were exported from Argentina; waning by -28.6% compared with 2021 figures. Over the period under review, exports saw a significant curtailment.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds stood at $502 in 2022. In general, exports saw a sharp shrinkage.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Argentina (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile941572347347-28.3%
Uruguay372234146151-26.0%
Paraguay20.09.04.03.0-46.9%
Brazil1.01.01.01.00.0%
OthersN/AN/AN/AN/A0%
Total1,334816498502-27.8%

Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Argentina in 2022:

  1. Chile (2.0 kg)
  2. Brazil (1.0 kg)
  3. Paraguay (1.0 kg)
  4. Uruguay (1.0 kg)

Source: IndexBox Market Intelligence Platform

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