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

Contents:

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

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

In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $22,075 per ton, jumping by 15% against the previous year. In general, the import price, however, continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2016 an increase of 41% against the previous year. Over the period under review, average import prices reached the maximum at $37,390 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($23,604 per ton) and the Netherlands ($23,167 per ton), while the price for France ($16,412 per ton) and Germany ($21,365 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $25,646 per ton, growing by 1,182% against the previous year. Overall, the export price, however, saw a abrupt decline. The export price peaked at $132,833 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Cabo Verde ($78,706 per ton), while the average price for exports to Angola totaled $18,543 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde (-5.4%).

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

In 2022, after three years of growth, there was significant decline in overseas purchases of vitamins; vitamin B6 and its derivatives, unmixeds, when their volume decreased by -17.3% to 18 tons. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28%.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds fell to $396K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, imports attained the peak of $472K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany99.510411525436.7%
Spain210206279135-13.7%
Netherlands12.27.713.05.4-23.8%
France65.21261.41.1-74.4%
Others4.128.97.20.2-63.5%
Total3914724153960.4%

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

  1. Germany (11.9 tons)
  2. Spain (5.7 tons)
  3. Netherlands (0.2 tons)
  4. France (0.1 tons)

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

In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds exported from Portugal soared to 144 kg, picking up by 14,300% on the previous year's figure. Overall, exports saw a significant increase.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds skyrocketed to $3.7K in 2022. In general, exports saw a significant increase.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AngolaN/A1.4N/A2.430.9%
Cabo VerdeN/AN/AN/A1.30%
Spain1.3N/AN/AN/A0%
United KingdomN/A5.3N/AN/A0%
OthersN/A0.2N/AN/A0%
Total1.36.9N/A3.741.7%

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

  1. Angola (127.0 kg)
  2. Cabo Verde (17.0 kg)

Source: IndexBox Market Intelligence Platform

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