Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia - 2024
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia (CIF) - 2022
The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $56,669 per ton in 2022, growing by 116% against the previous year. Overall, the import price recorded prominent growth. The import price peaked at $65,760 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 Ukraine ($1,092,160 per ton), while the price for China ($27,790 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%).
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $29,951 per ton, reducing by -3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 128%. As a result, the export price reached the peak level of $109,500 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($46,111 per ton), while the average price for exports to North Macedonia ($25,747 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 Germany (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia
In 2022, imports of vitamins; vitamin b1 and its derivatives, unmixeds into Serbia rose significantly to 3.5 tons, growing by 6.4% against 2021. The total import volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 28%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds soared to $200K in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 81.9 | 0% |
| China | 28.0 | 32.5 | 57.8 | 80.7 | 42.3% |
| Germany | 70.3 | 75.5 | 29.3 | 37.6 | -18.8% |
| Others | 0.9 | 4.1 | 0.1 | 0.1 | -51.9% |
| Total | 99.2 | 112 | 87.3 | 200 | 26.3% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Serbia in 2022:
- China (2905.0 kg)
- Germany (550.0 kg)
- Ukraine (75.0 kg)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia
In 2022, exports of vitamins; vitamin b1 and its derivatives, unmixeds from Serbia rose rapidly to 224 kg, with an increase of 12% against the previous year. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 345%. As a result, the exports reached the peak of 788 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds reached $6.7K in 2022. In general, exports saw buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 421% against the previous year. As a result, the exports reached the peak of $26K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 3.4 | 8.5 | 1.2 | 4.4 | 9.0% |
| Bosnia and Herzegovina | 1.6 | 11.0 | 5.0 | 2.1 | 9.5% |
| Montenegro | 0.1 | 0.2 | N/A | 0.3 | 44.2% |
| Croatia | N/A | 3.0 | N/A | N/A | 0% |
| Slovenia | N/A | 3.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.0 | 26.3 | 6.2 | 6.7 | 10.2% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Serbia in 2022:
- North Macedonia (170.0 kg)
- Bosnia and Herzegovina (45.0 kg)
- Montenegro (9.0 kg)
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This report provides an in-depth analysis of the vitamin market in Serbia.
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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 Serbia.
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This report provides an in-depth analysis of the global vitamin market.
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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.
390
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.
1464
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...
865
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...
260
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.
390
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.
1464
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...
865
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...
