Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Norway - 2024

Contents:

  1. Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Norway (CIF) - 2024
  2. Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Norway (FOB) - 2022
  3. Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Norway
  4. Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Norway

Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Norway (CIF) - 2024

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $8,689 per ton in January 2024, waning by -17.5% against the previous month. In general, the import price saw a perceptible descent. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 33% m-o-m. Over the period under review, average import prices attained the maximum at $15,904 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Switzerland ($79,126 per ton), while the price for China ($7,012 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Switzerland (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $10,045 per ton, which is down by -18.4% against the previous year. In general, the export price recorded a significant contraction. The pace of growth was the most pronounced in 2016 an increase of 72% against the previous year. Over the period under review, the average export prices hit record highs at $96,205 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($34,125 per ton), while the average price for exports to the UK amounted to $9,894 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (-0.4%).

Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Norway

In 2022, the amount of vitamins; vitamin e and its derivatives, unmixeds imported into Norway shrank to 1.3K tons, dropping by -9.1% on 2021. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 8.3%. As a result, imports attained the peak of 1.5K tons, and then shrank in the following year.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds surged to $16M in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 39%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.12.24.04.661.1%
Germany2.22.83.44.022.1%
Spain0.51.11.62.366.3%
Switzerland0.40.81.41.865.1%
Netherlands1.32.02.21.79.4%
Denmark1.70.70.50.7-25.6%
FranceN/A0.90.3N/A-66.7%
Others0.60.50.71.226.0%
Total7.810.914.116.428.1%

Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Norway in 2022:

  1. China (426.2 tons)
  2. Germany (396.1 tons)
  3. Netherlands (176.8 tons)
  4. Switzerland (173.6 tons)
  5. Spain (91.4 tons)
  6. Denmark (52.5 tons)
  7. France (0.4 tons)

Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Norway

In 2022, approx. 10 tons of vitamins; vitamin e and its derivatives, unmixeds were exported from Norway; rising by 247% against 2021. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 5,561% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds soared to $101K in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 2,539% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A98.90%
Others2.01.335.51.8-3.5%
Total2.01.335.5101269.6%

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

  1. United Kingdom (10.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin E and its derivatives, unmixed - Norway