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

Contents:

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

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

In 2022, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $24,631 per ton, jumping by 21% against the previous year. In general, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 29% against the previous year. The import price peaked at $34,268 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Netherlands ($34,100 per ton), while the price for France ($15,866 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $79,214 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 55%. The export price peaked at $83,312 per ton in 2016; however, from 2017 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 Spain ($308,400 per ton), while the average price for exports to India ($556 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 Morocco (+36.7%).

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

In 2022, overseas purchases of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -44% to 17 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 23%.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds contracted markedly to $423K in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports reached the peak of $626K, and then declined significantly in the following year.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain362233340194-18.8%
Netherlands7.348.456.9116151.4%
Germany80.997.618369.3-5.0%
France14111739.219.0-48.7%
Others10.412.07.524.432.9%
Total601508626423-11.0%

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

  1. Spain (10.2 tons)
  2. Netherlands (3.4 tons)
  3. Germany (2.2 tons)
  4. France (1.2 tons)

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

In 2022, shipments abroad of vitamins; vitamin B2 and its derivatives, unmixeds decreased by 0% to 359 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 425%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds stood at $28K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 499% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A24.80%
BelgiumN/AN/AN/A2.10%
Cabo VerdeN/A2.2N/AN/A0%
IndiaN/AN/AN/AN/A0%
Sao Tome and Principe0.4N/AN/AN/A0%
OthersN/AN/AN/A1.50%
Total0.42.2N/A28.4314.1%

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

  1. Netherlands (307.0 kg)
  2. India (27.0 kg)
  3. Belgium (20.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin B2 and its derivatives, unmixed - Portugal