Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia - 2023

Contents:

  1. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia (CIF) - 2022
  2. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia (FOB) - 2022
  3. Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia
  4. Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $62,683 per ton, increasing by 22% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.4% 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 increased by +82.9% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 65%. The import price peaked at $66,135 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($818,394 per ton), while the price for Belgium ($19,841 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+44.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $57,363 per ton, surging by 3.8% against the previous year. Over the period under review, the export price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2016 when the average export price increased by 83% against the previous year. The export price peaked at $108,700 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Serbia ($198,086 per ton), while the average price for exports to Russia ($24,667 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 (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia

In 2022, imports of vitamins; vitamin b2 and its derivatives, unmixeds into Slovenia expanded remarkably to 4.5 tons, picking up by 13% compared with 2021. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. As a result, imports attained the peak of 4.7 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds soared to $280K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +74.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A94.093.317335.7%
Spain24.930.246.930.26.6%
China27.06.625.327.00.0%
Germany49.19.421.719.4-26.6%
Belgium14.710.28.912.0-6.5%
IrelandN/A1.01.77.2168.3%
DenmarkN/A6.3N/AN/A0%
Others68.62.76.311.5-44.9%
Total18416020428015.0%

Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Slovenia in 2022:

  1. Netherlands (2792.0 kg)
  2. Spain (683.0 kg)
  3. Belgium (603.0 kg)
  4. Germany (210.0 kg)
  5. Ireland (70.0 kg)
  6. China (33.0 kg)

Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia

In 2022, overseas shipments of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -28% to 234 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 652%. As a result, the exports reached the peak of 940 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds reduced notably to $13K in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 535% against the previous year. As a result, the exports attained the peak of $36K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia0.51.55.66.9139.9%
Croatia3.717.47.46.319.4%
Russia1.20.10.20.1-56.3%
SlovakiaN/A6.1N/AN/A0%
Bosnia and HerzegovinaN/A0.81.6N/A100.0%
IranN/A9.1N/AN/A0%
Romania0.10.60.7N/A164.6%
Others0.10.12.4N/A389.9%
Total5.635.618.013.433.8%

Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Slovenia in 2022:

  1. Croatia (192.0 kg)
  2. Serbia (35.0 kg)
  3. Russia (6.0 kg)
  4. Bosnia and Herzegovina (1.0 kg)

Source: IndexBox Market Intelligence Platform

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