Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $33,862 per ton in 2022, shrinking by -48.8% against the previous year. Over the period under review, the import price, however, continues to indicate temperate growth. The pace of growth was the most pronounced in 2013 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $81,572 per ton in 2020; however, from 2021 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 France ($59,067 per ton), while the price for Belgium ($17,818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $12,983 per ton, picking up by 18% against the previous year. Overall, the export price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 an increase of 54%. Over the period under review, the average export prices reached the maximum at $31,799 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($32,902 per ton), while the average price for exports to Germany ($8,807 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 Canada (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy
In 2022, after two years of decline, there was significant growth in purchases abroad of vitamins; vitamin B12 and its derivatives, unmixeds, when their volume increased by 71% to 62 tons. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds contracted to $2.1M in 2022. In general, imports, however, recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of 14%. As a result, imports reached the peak of $3.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 365 | 618 | 1,005 | 1,132 | 45.8% |
| France | 1,432 | 2,075 | 758 | 622 | -24.3% |
| Germany | 63.1 | 67.5 | 208 | 120 | 23.9% |
| China | 835 | 474 | 299 | 81.4 | -54.0% |
| Spain | 14.2 | 63.4 | 54.2 | 67.5 | 68.1% |
| Denmark | 9.4 | 49.8 | 44.5 | 51.2 | 75.9% |
| Belgium | 58.2 | 36.7 | 41.1 | 2.8 | -63.6% |
| Others | 321 | 147 | N/A | 30.3 | -54.5% |
| Total | 3,098 | 3,531 | 2,410 | 2,108 | -12.0% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Italy in 2022:
- Netherlands (42.2 tons)
- France (10.5 tons)
- Germany (2.5 tons)
- China (2.5 tons)
- Spain (2.1 tons)
- Denmark (1.4 tons)
- Belgium (0.2 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy
In 2022, overseas shipments of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -13.5% to 69 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by 28%. As a result, the exports reached the peak of 141 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds reached $898K in 2022. In general, exports saw a deep reduction.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 999 | 908 | 557 | 527 | -19.2% |
| Iran | 36.6 | N/A | 23.0 | 74.9 | 27.0% |
| France | 39.7 | 13.2 | 15.5 | 47.5 | 6.2% |
| Others | 210 | 88.0 | 282 | 249 | 5.8% |
| Total | 1,285 | 1,009 | 877 | 898 | -11.3% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Italy in 2022:
- Germany (59.8 tons)
- France (3.6 tons)
- Iran (2.3 tons)
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This report provides an in-depth analysis of the vitamin market in Italy.
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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 Italy.
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This report provides an in-depth analysis of the global vitamin market.
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From June 2023 to August 2023, the import of Vitamin failed to regain momentum. In terms of value, Vitamin imports increased significantly to $15M in August 2023.
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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.
385
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.
1453
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...
864
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...
303
From June 2023 to August 2023, the import of Vitamin failed to regain momentum. In terms of value, Vitamin imports increased significantly to $15M in August 2023.
250
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.
385
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.
1453
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...
864
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...
