Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Denmark - 2023

Contents:

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

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

The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $26,573 per ton in 2022, increasing by 12% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 40%. As a result, import price reached the peak level of $44,640 per ton. From 2019 to 2022, the average 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 ($86,646 per ton), while the price for China ($19,733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $62,290 per ton, picking up by 168% against the previous year. In general, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Trinidad and Tobago ($597,548 per ton), while the average price for exports to Finland ($18,937 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 Germany (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -22.4% to 37 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 35% against the previous year. As a result, imports attained the peak of 59 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds declined to $979K in 2022. In general, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China896801694631-11.0%
Netherlands15935835822912.9%
Poland33.526.421.263.023.4%
United Kingdom0.722.011.226.4235.4%
Germany16.514816.018.74.3%
Others10.422.326.311.22.5%
Total1,1161,3781,128979-4.3%

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

  1. China (32.0 tons)
  2. Netherlands (2.6 tons)
  3. Poland (0.9 tons)
  4. United Kingdom (0.9 tons)
  5. Germany (0.3 tons)

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

For the third year in a row, Denmark recorded decline in shipments abroad of vitamins; vitamin B6 and its derivatives, unmixeds, which decreased by -35.5% to 10 tons in 2022. Over the period under review, exports continue to indicate a precipitous contraction. The smallest decline of -3.7% was in 2021.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds surged to $636K in 2022. In general, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and TobagoN/AN/AN/A2390%
Saint Vincent and the GrenadinesN/AN/AN/A1050%
Norway29010611084.1-33.8%
Latvia83.374.664.548.5-16.5%
Sweden45.262.336.040.6-3.5%
Germany11676.034.040.2-29.8%
BelgiumN/AN/A15.326.069.9%
Finland7.821.317.411.413.5%
Poland1.017.530.60.8-7.2%
Others12.024.259.340.049.4%
Total5553813676364.6%

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

  1. Norway (4.0 tons)
  2. Latvia (2.1 tons)
  3. Sweden (1.9 tons)
  4. Finland (0.6 tons)
  5. Trinidad and Tobago (0.4 tons)
  6. Saint Vincent and the Grenadines (0.3 tons)
  7. Germany (0.2 tons)
  8. Belgium (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin B6 and its derivatives, unmixed - Denmark