Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia - 2024
Contents:
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia (CIF) - 2022
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia (FOB) - 2022
- Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia
- Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $43,532 per ton, jumping by 44% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vitamins; vitamin B6 and its derivatives, unmixeds increased by +60.7% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 67%. As a result, import price attained the peak level of $45,696 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($122,156 per ton), while the price for China stood at $22,917 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.6%).
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $64,451 per ton, rising by 40% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vitamins; vitamin B6 and its derivatives, unmixeds increased by +90.0% against 2020 indices. The growth pace was the most rapid in 2015 when the average export price increased by 79%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($126,931 per ton), while the average price for exports to North Macedonia ($23,645 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 Turkey (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia
Imports of vitamins; vitamin B6 and its derivatives, unmixeds into Serbia reached 3.5 tons in 2022, surging by 3.8% against the year before. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 109%. As a result, imports reached the peak of 5.4 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 surged to $154K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 60.0 | 55.7 | 41.6 | 89.3 | 14.2% |
| China | 39.1 | 85.8 | 57.9 | 63.8 | 17.7% |
| Others | 2.6 | 4.2 | 3.5 | 0.4 | -46.4% |
| Total | 102 | 146 | 103 | 154 | 14.7% |
Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Serbia in 2022:
- China (2.8 tons)
- Germany (0.7 tons)
Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia
In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds exported from Serbia skyrocketed to 432 kg, growing by 57% compared with 2021 figures. Over the period under review, exports continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2020 with an increase of 113% against the previous year. As a result, the exports attained the peak of 852 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds soared to $28K in 2022. In general, exports saw significant growth.
| Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 6.8 | 7.7 | 6.1 | 20.3 | 44.0% |
| North Macedonia | 1.9 | 5.5 | 1.0 | 4.7 | 35.2% |
| Bosnia and Herzegovina | 6.7 | 8.7 | 3.4 | 2.7 | -26.1% |
| Slovenia | N/A | 6.0 | N/A | N/A | 0% |
| Others | N/A | 1.0 | 2.1 | 0.1 | -68.4% |
| Total | 15.3 | 28.9 | 12.7 | 27.8 | 22.0% |
Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Serbia in 2022:
- North Macedonia (200.0 kg)
- Turkey (160.0 kg)
- Bosnia and Herzegovina (70.0 kg)
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This report provides an in-depth analysis of the vitamin market in Serbia.
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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 Serbia.
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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.
1483
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.
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.
1483
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...
