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

Contents:

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

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $33,741 per ton in 2022, growing by 8.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 16%. The import price peaked at $39,716 per ton in 2013; however, from 2014 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 India ($121,355 per ton), while the price for the Netherlands ($17,439 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $44,608 per ton in 2022, declining by -9.7% against the previous year. Overall, the export price saw a pronounced descent. The pace of growth appeared the most rapid in 2017 an increase of 71%. Over the period under review, the average export prices reached the maximum at $91,636 per ton in 2013; however, from 2014 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 Moldova ($83,429 per ton), while the average price for exports to Sweden ($41,113 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 the Netherlands (+391.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of vitamins; vitamin B2 and its derivatives, unmixeds imported into Romania dropped significantly to 8.8 tons, which is down by -34.9% compared with the previous year. In general, imports faced a precipitous slump. The smallest decline of -2.6% was in 2020.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds declined significantly to $295K in 2022. Over the period under review, imports showed a dramatic slump. The smallest decline of -23.2% was in 2021.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany247222210143-16.7%
Netherlands44223714450.2-51.6%
Spain1.22.15.035.6209.6%
Poland48.241.141.029.4-15.2%
India14.612.45.618.48.0%
Hungary5.07.68.513.539.2%
Others6.223.25.05.0-6.9%
Total765546419295-27.2%

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

  1. Germany (4.1 tons)
  2. Netherlands (2.9 tons)
  3. Spain (0.8 tons)
  4. Poland (0.4 tons)
  5. Hungary (0.3 tons)
  6. India (0.2 tons)

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

In 2022, approx. 773 kg of vitamins; vitamin B2 and its derivatives, unmixeds were exported from Romania; increasing by 809% on 2021 figures. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds surged to $34K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A28.90%
Hungary5.34.93.12.8-19.2%
SwitzerlandN/A1.7N/A1.1-19.6%
Moldova1.30.4N/A0.6-22.7%
Germany3.28.21.0N/A-44.1%
France1.3N/AN/AN/A0%
Estonia1.3N/AN/AN/A0%
Others0.11.50.11.2128.9%
Total12.516.74.234.540.3%

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

  1. Sweden (702.0 kg)
  2. Hungary (57.0 kg)
  3. Moldova (7.0 kg)
  4. Switzerland (5.0 kg)

Source: IndexBox Market Intelligence Platform

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