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

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the Netherlands (CIF) - 2023
  2. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the Netherlands (FOB) - 2023
  3. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the Netherlands
  4. Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the Netherlands

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the Netherlands (CIF) - 2023

In December 2023, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $44,994 per ton, dropping by -8.6% against the previous month. Over the period under review, import price indicated temperate growth from December 2022 to December 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for vitamins; vitamin B6 and its derivatives, unmixeds increased by +70.1% against October 2023 indices. The most prominent rate of growth was recorded in November 2023 an increase of 86% month-to-month. The import price peaked at $55,104 per ton in July 2023; however, from August 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($66,881 per ton), while the price for France ($17,475 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced a decline.

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the Netherlands (FOB) - 2023

In December 2023, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $29,462 per ton, with an increase of 20% against the previous month. Overall, the export price, however, saw a perceptible decrease. The export price peaked at $45,605 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Saudi Arabia ($43,193 per ton), while the average price for exports to France ($18,328 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds imported into the Netherlands was estimated at 2.5K tons, surging by 7.4% on the year before. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 402% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds expanded rapidly to $89M in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 611%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.140.742.861.288.8%
Germany0.631.337.127.1256.1%
Others0.71.71.31.012.6%
Total10.473.781.289.2104.7%

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

  1. China (1804.9 tons)
  2. Germany (703.8 tons)

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

In 2022, overseas shipments of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -0.7% to 2.2K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 535%. As a result, the exports attained the peak of 2.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds shrank to $62M in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 590% against the previous year. As a result, the exports reached the peak of $75M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A10.86.29.0-8.7%
Mexico2.87.34.44.819.7%
Italy0.42.01.84.7127.3%
Germany1.45.04.63.535.7%
BangladeshN/A0.91.93.288.6%
Poland0.22.32.62.9143.8%
Turkey0.43.62.52.686.6%
South Korea0.12.52.82.6196.2%
BrazilN/A2.12.02.59.1%
France0.72.83.42.552.9%
Austria0.70.53.22.246.5%
Belgium0.62.92.31.844.2%
United Kingdom1.33.82.01.54.9%
Others2.428.624.318.095.7%
Total10.975.064.161.978.4%

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

  1. United States (400.8 tons)
  2. Italy (203.0 tons)
  3. Mexico (149.3 tons)
  4. Brazil (117.2 tons)
  5. Poland (98.7 tons)
  6. Germany (97.5 tons)
  7. Belgium (92.9 tons)
  8. Bangladesh (89.3 tons)
  9. Turkey (86.4 tons)
  10. France (75.7 tons)
  11. United Kingdom (73.9 tons)
  12. Austria (70.3 tons)
  13. South Korea (63.3 tons)

Source: IndexBox Market Intelligence Platform

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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.

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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. 

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