Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium - 2023
Contents:
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium (CIF) - 2023
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium (FOB) - 2022
- Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium
- Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium (CIF) - 2023
In December 2023, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $19,124 per ton, reducing by -8.9% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 89% m-o-m. Over the period under review, average import prices hit record highs at $21,051 per ton in April 2023; however, from May 2023 to December 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was the Netherlands ($19,311 per ton), while the price for China totaled $17,365 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.0%).
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium (FOB) - 2022
The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $19,220 per ton in 2022, reducing by -2.8% against the previous year. Over the period under review, the export price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2015 an increase of 27% against the previous year. The export price peaked at $41,314 per ton in 2018; however, from 2019 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 Germany ($25,612 per ton), while the average price for exports to the Netherlands ($13,126 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 Italy (+1.1%), while the prices for the other major destinations experienced a decline.
Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium
In 2022, approx. 226 tons of vitamins; vitamin B6 and its derivatives, unmixeds were imported into Belgium; increasing by 4.5% on the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds fell to $3.3M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 4.6%.
| Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.4 | 2.2 | 2.2 | 2.0 | -5.9% |
| China | 1.4 | 1.2 | 1.3 | 1.1 | -7.7% |
| Germany | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 4.2 | 3.6 | 3.8 | 3.3 | -7.7% |
Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Belgium in 2022:
- Netherlands (171.3 tons)
- China (47.1 tons)
- Germany (4.5 tons)
Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium
For the third year in a row, Belgium recorded decline in shipments abroad of vitamins; vitamin B6 and its derivatives, unmixeds, which decreased by -2.3% to 63 tons in 2022. Over the period under review, exports continue to indicate a deep reduction.
In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds shrank to $1.2M in 2022. Overall, exports continue to indicate a abrupt slump.
| Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 570 | 360 | 180 | 274 | -21.7% |
| Netherlands | 43.1 | 266 | 378 | 189 | 63.7% |
| Poland | 39.9 | 78.2 | 74.6 | 171 | 62.4% |
| Russia | 444 | 234 | 125 | 141 | -31.8% |
| Belarus | 19.9 | 20.8 | 17.6 | 88.1 | 64.2% |
| Italy | 1.5 | 31.1 | 1.4 | 39.4 | 197.3% |
| Hungary | 80.2 | 76.3 | 46.2 | 38.3 | -21.8% |
| Brazil | N/A | 84.8 | N/A | 35.9 | -34.9% |
| Tunisia | 41.8 | 44.4 | 2.2 | 35.5 | -5.3% |
| Germany | 183 | 161 | 97.0 | 30.7 | -44.8% |
| Turkey | N/A | 0.1 | 35.5 | 27.4 | 1555.3% |
| Japan | 23.5 | 0.5 | N/A | 18.9 | -7.0% |
| Spain | 91.6 | 107 | 186 | 8.7 | -54.4% |
| Others | 492 | 315 | 136 | 116 | -38.2% |
| Total | 2,030 | 1,779 | 1,279 | 1,214 | -15.7% |
Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Belgium in 2022:
- Netherlands (14.4 tons)
- France (12.2 tons)
- Poland (8.7 tons)
- Russia (7.0 tons)
- Belarus (4.8 tons)
- Hungary (2.3 tons)
- Italy (1.9 tons)
- Brazil (1.6 tons)
- Tunisia (1.5 tons)
- Turkey (1.3 tons)
- Germany (1.2 tons)
- Japan (1.0 tons)
- Spain (0.5 tons)
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This report provides an in-depth analysis of the vitamin market in Belgium.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in Belgium.
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This report provides an in-depth analysis of the global vitamin market.
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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.
406
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.
1485
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...
874
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...
278
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.
406
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.
1485
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...
874
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...
