Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia - 2023
Contents:
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia (CIF) - 2022
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia (FOB) - 2022
- Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia
- Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia (CIF) - 2022
The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $26,648 per ton in 2022, with an increase of 23% against the previous year. Overall, the import price recorded modest growth. The pace of growth appeared the most rapid in 2016 an increase of 56%. The import price peaked at $49,052 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($42,000 per ton), while the price for Estonia ($20,100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $33,179 per ton, shrinking by -18.9% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 54%. The export price peaked at $68,000 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($40,500 per ton), while the average price for exports to Georgia ($31,250 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+9.7%), while the prices for the other major destinations experienced a decline.
Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia
In 2022, supplies from abroad of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -37.8% to 2.5 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of 4 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds declined sharply to $66K in 2022. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 0.9%. As a result, imports reached the peak of $96K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 84.2 | 75.3 | 64.9 | 45.6 | -18.5% |
| Germany | 1.1 | 2.1 | 10.0 | 12.3 | 123.6% |
| Netherlands | 2.2 | 2.1 | 5.1 | 1.7 | -8.2% |
| Estonia | 2.1 | 2.7 | 0.5 | 1.0 | -21.9% |
| United Kingdom | 3.1 | 11.1 | N/A | N/A | 258.1% |
| Others | 2.1 | 2.3 | 5.8 | 5.1 | 34.4% |
| Total | 94.8 | 95.7 | 86.2 | 65.7 | -11.5% |
Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Latvia in 2022:
- Denmark (1994.0 kg)
- Germany (334.0 kg)
- Estonia (50.0 kg)
- Netherlands (41.0 kg)
Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia
After two years of decline, overseas shipments of vitamins; vitamin B6 and its derivatives, unmixeds increased by 294% to 201 kg in 2022. Over the period under review, exports, however, faced a precipitous curtailment.
In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds surged to $6.7K in 2022. Overall, exports, however, recorded a sharp decline.
| Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 0.8 | 2.7 | 1.9 | 6.3 | 99.0% |
| Russia | 0.6 | 0.1 | 0.1 | 0.2 | -30.7% |
| Georgia | 14.0 | N/A | N/A | 0.1 | -80.7% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 15.4 | 2.7 | 2.1 | 6.7 | -24.2% |
Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Latvia in 2022:
- Uzbekistan (192.0 kg)
- Georgia (4.0 kg)
- Russia (4.0 kg)
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This report provides an in-depth analysis of the vitamin market in Latvia.
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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 Latvia.
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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.
404
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.
1482
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...
873
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.
404
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.
1482
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...
873
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...
