Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus - 2022

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus (CIF) - 2022
  2. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus (FOB) - 2022
  3. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus
  4. Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $29,448 per ton, shrinking by -2.2% against the previous year. Over the period under review, the import price saw a slight decline. The pace of growth appeared the most rapid in 2016 an increase of 47%. Over the period under review, average import prices hit record highs at $49,656 per ton in 2017; however, from 2018 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 Lithuania ($187,000 per ton), while the price for Belgium ($21,242 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus (FOB) - 2022

The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $20,434 per ton in 2022, shrinking by -5.2% against the previous year. In general, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015 an increase of 77%. As a result, the export price attained the peak level of $70,933 per ton. From 2016 to 2022, the average 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 Russia ($20,607 per ton), while the average price for exports to Azerbaijan totaled $8,211 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (-9.2%).

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus

In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds imported into Belarus surged to 22 tons, with an increase of 102% against 2021 figures. Over the period under review, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds soared to $654K in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20118916232617.5%
Belgium13.822.16.053.056.6%
Russia10.09.79.530.244.5%
Poland34.827.815.919.9-17.0%
Germany16010342.317.7-52.0%
Netherlands9.712.65.48.6-3.9%
Others16499.989.71996.7%
Total5944643316543.3%

Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Belarus in 2022:

  1. China (11.5 tons)
  2. Belgium (2.5 tons)
  3. Russia (1.2 tons)
  4. Poland (0.4 tons)
  5. Germany (0.4 tons)
  6. Netherlands (0.3 tons)

Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus

In 2022, approx. 10 tons of vitamins; vitamin B6 and its derivatives, unmixeds were exported from Belarus; surging by 6% on 2021. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 921%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds amounted to $208K in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 658% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia20.2162206207117.2%
Azerbaijan1.20.61.21.20.0%
OthersN/AN/A0.1N/A0%
Total21.4162207208113.4%

Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Belarus in 2022:

  1. Russia (10.0 tons)
  2. Azerbaijan (0.1 tons)

Source: IndexBox Market Intelligence Platform

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