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

Contents:

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

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

In 2022, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $10,931 per ton, increasing by 14% against the previous year. In general, the export price, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2018 an increase of 34% against the previous year. Over the period under review, the average export prices attained the maximum at $17,560 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 China ($19,652 per ton), while the average price for exports to the UK ($5,405 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 China (-0.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $20,085 per ton, approximately equating the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the maximum at $25,271 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($41,821 per ton), while the price for the Netherlands ($7,878 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced a decline.

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

For the fourth consecutive year, Switzerland recorded growth in shipments abroad of vitamins; vitamin e and its derivatives, unmixeds, which increased by 8.2% to 61K tons in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 108%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds surged to $665M in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 33%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.323.575.5113161.8%
United States63.654.344.839.5-14.7%
Netherlands7.016.714.537.074.2%
France29.737.426.729.1-0.7%
Belgium1.09.717.016.7155.6%
Brazil12.96.914.215.46.1%
China28.017.414.514.0-20.6%
Singapore10.99.910.513.47.1%
Turkey3.611.410.88.935.2%
South Korea7.08.97.38.46.3%
Thailand5.65.84.66.55.1%
Spain3.15.16.04.714.9%
United KingdomN/AN/A0.64.3616.7%
Others14420129335435.0%
Total32240854066527.3%

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

  1. Germany (8.2K tons)
  2. Netherlands (3.8K tons)
  3. France (3.6K tons)
  4. United States (2.7K tons)
  5. Brazil (1.7K tons)
  6. Singapore (1.1K tons)
  7. Belgium (1.1K tons)
  8. Turkey (0.8K tons)
  9. United Kingdom (0.8K tons)
  10. China (0.7K tons)
  11. South Korea (0.6K tons)
  12. Thailand (0.6K tons)
  13. Spain (0.5K tons)

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

In 2022, supplies from abroad of vitamins; vitamin e and its derivatives, unmixeds decreased by -1.8% to 419 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.6% 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 +62.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports attained the peak of 426 tons, and then reduced modestly in the following year.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds reduced modestly to $8.4M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.3% 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 +61.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, imports attained the peak of $8.6M, and then dropped modestly in the following year.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.41.82.02.012.6%
Netherlands1.61.61.81.1-11.7%
United States1.01.71.21.13.2%
France0.30.30.50.838.7%
China0.20.40.60.751.8%
Others0.60.32.62.663.0%
Total5.26.28.68.417.3%

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

  1. Germany (155.2 tons)
  2. Netherlands (140.0 tons)
  3. France (42.3 tons)
  4. China (42.0 tons)
  5. United States (27.2 tons)

Source: IndexBox Market Intelligence Platform

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