Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia - 2023

Contents:

  1. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia (CIF) - 2022
  2. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia (FOB) - 2022
  3. Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia
  4. Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia (CIF) - 2022

In 2022, the average import price for vitamins; vitamins a and their derivatives, unmixeds amounted to $51,266 per ton, waning by -24.3% against the previous year. In general, the import price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 81%. Over the period under review, average import prices hit record highs at $127,293 per ton in 2018; however, from 2019 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 Italy ($65,503 per ton), while the price for Switzerland ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia (FOB) - 2022

The average export price for vitamins; vitamins a and their derivatives, unmixeds stood at $151,313 per ton in 2022, with an increase of 54% against the previous year. In general, the export price enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 an increase of 701% against the previous year. The export price peaked at $461,035 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($187,462 per ton), while the average price for exports to Slovenia ($75,273 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 Serbia (+29.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia

In 2022, overseas purchases of vitamins; vitamins a and their derivatives, unmixeds decreased by -43.8% to 7.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of 13 tons, and then declined remarkably in the following year.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds plummeted to $362K in 2022. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports reached the peak of $851K, and then plummeted in the following year.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany48.413154327378.0%
Netherlands24811025.827.7-51.8%
Slovenia1674.821.625.0-46.9%
Italy9.4N/AN/A19.527.5%
Poland1061551323.7-67.3%
HungaryN/A72.1N/AN/A0%
Belgium13.8N/A56.7N/A102.7%
FranceN/A47.855.7N/A16.5%
Others45.328.616.613.4-33.4%
Total638549851362-17.2%

Top Suppliers of Vitamins; Vitamins A and Their Derivatives, Unmixed to Croatia in 2022:

  1. Germany (5.6 tons)
  2. Netherlands (0.5 tons)
  3. Slovenia (0.5 tons)
  4. Italy (0.3 tons)
  5. Poland (0.1 tons)

Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia

In 2022, approx. 67 kg of vitamins; vitamins a and their derivatives, unmixeds were exported from Croatia; dropping by -94.5% against the previous year. Overall, exports saw a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 1,902%. As a result, the exports attained the peak of 1.2 tons, and then reduced rapidly in the following year.

In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds shrank significantly to $10K in 2022. In general, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 1,396%. As a result, the exports reached the peak of $120K, and then declined dramatically in the following year.

Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina17.00.20.57.3-24.6%
SloveniaN/A1.642.61.73.1%
GermanyN/AN/AN/A0.40%
Serbia7.36.218.2N/A57.9%
IranN/AN/A58.8N/A0%
OthersN/AN/AN/A0.80%
Total24.38.012010.1-25.4%

Top Export Markets for Vitamins; Vitamins A and Their Derivatives, Unmixed from Croatia in 2022:

  1. Bosnia and Herzegovina (39.0 kg)
  2. Slovenia (22.0 kg)
  3. Germany (5.0 kg)
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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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