Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania (CIF) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania (CIF) - 2022
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $19,719 per ton in 2022, with an increase of 10% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vitamins; vitamin B2 and its derivatives, unmixeds decreased by -45.0% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 37% against the previous year. As a result, import price attained the peak level of $35,852 per ton. From 2019 to 2022, the average import prices remained at a 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 Germany ($389,000 per ton), while the price for Belgium ($13,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+35.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $18,270 per ton, rising by 18% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 39%. The export price peaked at $40,664 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 Uzbekistan ($28,000 per ton), while the average price for exports to Estonia ($6,500 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 Uzbekistan (+3.1%), while the prices for the other major destinations experienced a decline.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania
Imports of vitamins; vitamin B2 and its derivatives, unmixeds into Lithuania totaled 7.6 tons in 2022, remaining constant against the previous year. Over the period under review, imports, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 100%.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds expanded sharply to $151K in 2022. Overall, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 77.9 | 69.9 | 101 | 88.8 | 4.5% |
| Netherlands | 146 | 5.7 | 3.4 | 36.3 | -37.1% |
| Spain | 5.3 | 4.0 | 17.4 | 11.7 | 30.2% |
| France | 8.2 | 0.6 | 10.0 | N/A | 10.4% |
| Others | 10.8 | 4.6 | 3.3 | 13.8 | 8.5% |
| Total | 248 | 84.9 | 136 | 151 | -15.2% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Lithuania in 2022:
- China (5.3 tons)
- Netherlands (2.1 tons)
- Spain (0.2 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania
For the third year in a row, Lithuania recorded decline in shipments abroad of vitamins; vitamin B2 and its derivatives, unmixeds, which decreased by -83.3% to 137 kg in 2022. Overall, exports saw a sharp decrease. The smallest decline of -21.8% was in 2021.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds fell rapidly to $2.5K in 2022. Over the period under review, exports saw a dramatic descent. The smallest decline of -30.1% was in 2021.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 3.1 | N/A | N/A | 0.9 | -33.8% |
| Russia | 36.1 | N/A | 0.4 | 0.8 | -71.9% |
| Belarus | N/A | 0.4 | N/A | 0.7 | 32.3% |
| Estonia | N/A | N/A | N/A | 0.1 | 0% |
| Uzbekistan | 9.2 | 0.2 | N/A | 0.1 | -77.8% |
| Croatia | 5.0 | N/A | N/A | N/A | 0% |
| China | 27.3 | N/A | N/A | N/A | 0% |
| Czech Republic | 4.8 | 16.7 | N/A | N/A | 247.9% |
| Italy | N/A | N/A | 12.3 | N/A | 0% |
| Others | N/A | 0.8 | N/A | N/A | 0% |
| Total | 85.5 | 18.2 | 12.7 | 2.5 | -69.2% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Lithuania in 2022:
- Russia (50.0 kg)
- Latvia (50.0 kg)
- Belarus (25.0 kg)
- Estonia (8.0 kg)
- Uzbekistan (4.0 kg)
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This report provides an in-depth analysis of the vitamin market in Lithuania.
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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 Lithuania.
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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.
371
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.
1438
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...
856
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...
237
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.
371
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.
1438
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...
856
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...
