Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany (FOB) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany (CIF) - 2023
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany (FOB) - 2022
The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $16,448 per ton in 2022, falling by -1.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 18%. As a result, the export price reached the peak level of $21,186 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
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 Brazil ($60,965 per ton), while the average price for exports to China ($13,919 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 Brazil (+16.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany (CIF) - 2023
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $26,310 per ton in November 2023, with a decrease of -4.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 36% against the previous month. As a result, import price reached the peak level of $29,260 per ton. From April 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($88,257 per ton), while the price for South Korea ($19,829 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.4%), while the prices for the other major suppliers experienced a decline.
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany
In 2022, approx. 5.6K tons of vitamins; vitamin B2 and its derivatives, unmixeds were exported from Germany; with an increase of 10% compared with the year before. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds rose notably to $92M in 2022. The total export value increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 47.5 | 49.5 | 59.5 | 48.5 | 0.7% |
France | 10.6 | 8.2 | 7.4 | 25.4 | 33.8% |
Poland | 2.5 | 2.2 | 1.6 | 2.0 | -7.2% |
Denmark | 1.7 | 2.4 | 1.3 | 1.8 | 1.9% |
Belgium | 1.6 | 1.6 | 1.3 | 1.3 | -6.7% |
China | 1.4 | 1.5 | 2.3 | 0.7 | -20.6% |
Others | 23.9 | 14.9 | 11.5 | 12.4 | -19.6% |
Total | 89.2 | 80.3 | 84.9 | 92.0 | 1.0% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Germany in 2022:
- Netherlands (3257.5 tons)
- France (1568.4 tons)
- Poland (87.3 tons)
- Belgium (87.1 tons)
- Denmark (85.9 tons)
- China (51.1 tons)
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany
In 2022, the amount of vitamins; vitamin B2 and its derivatives, unmixeds imported into Germany rose significantly to 1.4K tons, surging by 12% against 2021. In general, imports saw a relatively flat trend pattern.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds stood at $29M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 19.1 | 17.7 | 16.1 | 21.8 | 4.5% |
China | 4.2 | 3.8 | 5.4 | 4.2 | 0.0% |
Netherlands | 2.3 | 2.7 | 2.7 | 1.8 | -7.8% |
Others | 2.5 | 2.0 | 1.8 | 1.6 | -13.8% |
Total | 28.0 | 26.2 | 26.1 | 29.4 | 1.6% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Germany in 2022:
- South Korea (1197.6 tons)
- China (95.5 tons)
- Netherlands (50.7 tons)
This report provides an in-depth analysis of the vitamin market in Germany.
This report provides an in-depth analysis of the global vitamin market.
This report provides an in-depth analysis of the vitamin market in Germany.
This report provides an in-depth analysis of the global vitamin market.
In Dec 2022 the price of vitamins was $12.6 per kg (CIF, Germany), a decrease of 5.6% from the previous month
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.
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.
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...
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...
In Dec 2022 the price of vitamins was $12.6 per kg (CIF, Germany), a decrease of 5.6% from the previous month
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.
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.
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...
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...