Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium - 2023
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium (CIF) - 2022
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium (FOB) - 2023
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium
- Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium (CIF) - 2022
The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $12,100 per ton in 2022, surging by 12% against the previous year. In general, the import price, however, showed a noticeable reduction. The growth pace was the most rapid in 2020 when the average import price increased by 78% against the previous year. The import price peaked at $19,275 per ton in 2012; however, from 2013 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 United States ($37,689 per ton), while the price for Germany ($9,249 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium (FOB) - 2023
The average export price for vitamins; vitamin e and its derivatives, unmixeds stood at $10,249 per ton in November 2023, dropping by -21.8% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 115% month-to-month. Over the period under review, the average export prices attained the maximum at $27,105 per ton in March 2023; however, from April 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the Netherlands ($18,775 per ton), while the average price for exports to Russia ($7,463 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium
In 2022, the amount of vitamins; vitamin e and its derivatives, unmixeds imported into Belgium fell to 6.5K tons, waning by -5% compared with the year before. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 8.3%.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds expanded significantly to $78M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 15.6 | 20.8 | 28.9 | 29.8 | 24.1% |
| Switzerland | 1.0 | 9.7 | 17.0 | 16.8 | 156.1% |
| Germany | 15.4 | 17.6 | 17.6 | 16.5 | 2.3% |
| China | 7.0 | 4.1 | 5.3 | 8.8 | 7.9% |
| United States | N/A | 0.1 | 2.1 | 4.8 | 592.8% |
| Others | 2.3 | 1.3 | 2.5 | 1.5 | -13.3% |
| Total | 41.3 | 53.6 | 73.4 | 78.1 | 23.7% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Belgium in 2022:
- Netherlands (3.1K tons)
- Germany (1.8K tons)
- Switzerland (1.1K tons)
- China (0.3K tons)
- United States (0.1K tons)
Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium
In 2022, overseas shipments of vitamins; vitamin e and its derivatives, unmixeds increased by 108% to 2.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt curtailment.
In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds surged to $31M in 2022. In general, exports recorded resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.8 | 1.5 | 0.1 | 10.2 | 133.6% |
| Germany | 4.0 | 5.9 | 1.6 | 5.0 | 7.7% |
| France | 1.0 | 1.2 | 1.4 | 2.9 | 42.6% |
| Italy | 0.2 | 0.3 | 0.5 | 1.5 | 95.7% |
| Denmark | 0.1 | N/A | N/A | 1.5 | 146.6% |
| Netherlands | 2.6 | 1.4 | 3.9 | 1.0 | -27.3% |
| Russia | 0.6 | N/A | 0.1 | 1.0 | 18.6% |
| Spain | 0.2 | 0.7 | 1.0 | 0.9 | 65.1% |
| Colombia | 0.2 | N/A | N/A | 0.8 | 58.7% |
| Brazil | 0.9 | N/A | 0.1 | 0.7 | -8.0% |
| Hungary | 0.4 | 0.6 | 0.6 | 0.5 | 7.7% |
| Argentina | 0.3 | N/A | N/A | 0.5 | 18.6% |
| Poland | 0.6 | 0.2 | 0.2 | 0.4 | -12.6% |
| Others | 6.4 | 4.2 | 2.2 | 4.1 | -13.8% |
| Total | 18.5 | 16.0 | 11.8 | 31.0 | 18.8% |
Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from Belgium in 2022:
- Germany (495.3 tons)
- China (413.2 tons)
- France (293.6 tons)
- Italy (90.5 tons)
- Denmark (82.9 tons)
- Brazil (72.2 tons)
- Colombia (72.2 tons)
- Russia (67.3 tons)
- Argentina (60.2 tons)
- Poland (49.7 tons)
- Netherlands (47.7 tons)
- Spain (45.2 tons)
- Hungary (41.7 tons)
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This report provides an in-depth analysis of the vitamin market in Belgium.
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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 Belgium.
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This report provides an in-depth analysis of the global vitamin market.
317
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.
428
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.
1518
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...
901
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...
317
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.
428
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.
1518
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...
901
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...
