Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK (CIF) - 2023
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK (CIF) - 2023
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $32,427 per ton in December 2023, surging by 38% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 133% against the previous month. Over the period under review, average import prices attained the maximum at $33,168 per ton in February 2023; however, from March 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was India ($78,780 per ton), while the price for the Netherlands ($15,773 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK (FOB) - 2022
The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $43,165 per ton in 2022, dropping by -24% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 76% against the previous year. The export price peaked at $56,762 per ton in 2021, and then reduced dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($147,300 per ton), while the average price for exports to Nigeria ($18,492 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 Vietnam (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK
After three years of growth, overseas purchases of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -56.8% to 198 tons in 2022. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 27%.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds reduced markedly to $4.5M in 2022. In general, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 13%.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 1.7 | 0% |
| Germany | 2.6 | 3.1 | 3.1 | 0.9 | -29.8% |
| China | 1.3 | 0.1 | 0.6 | 0.9 | -11.5% |
| India | 0.6 | 0.4 | 0.8 | 0.5 | -5.9% |
| Netherlands | 3.2 | 2.4 | 1.7 | 0.2 | -60.3% |
| Belgium | 0.1 | N/A | 0.6 | N/A | 144.9% |
| Others | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Total | 7.9 | 6.3 | 7.0 | 4.5 | -17.1% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to the UK in 2022:
- South Korea (87.4 tons)
- Germany (71.7 tons)
- China (15.8 tons)
- Netherlands (11.7 tons)
- India (6.1 tons)
- Belgium (0.5 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK
In 2022, exports of vitamins; vitamin b2 and its derivatives, unmixeds from the UK dropped remarkably to 6.8 tons, waning by -50.2% on 2021. Over the period under review, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds dropped dramatically to $292K in 2022. Overall, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, the exports reached the peak of $769K, and then shrank sharply in the following year.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 27.3 | 57.3 | 23.5 | 66.8 | 34.8% |
| Netherlands | 80.6 | 23.4 | 128 | 47.3 | -16.3% |
| South Africa | N/A | N/A | N/A | 31.7 | 0% |
| Ireland | 73.9 | 56.5 | 149 | 26.6 | -28.9% |
| France | 19.2 | 10.4 | 263 | 19.1 | -0.2% |
| Nigeria | 59.4 | 32.7 | 12.5 | 14.8 | -37.1% |
| Vietnam | N/A | N/A | 4.6 | 12.0 | 160.9% |
| Turkey | 117 | N/A | 53.8 | 8.9 | -57.6% |
| China | 81.4 | 79.3 | N/A | 4.4 | -62.2% |
| Malta | 0.1 | 3.2 | 64.5 | 3.7 | 233.2% |
| Belgium | 0.9 | 137 | N/A | N/A | 15122.2% |
| Algeria | N/A | N/A | 28.7 | N/A | 0% |
| Iran | 88.5 | N/A | N/A | N/A | 0% |
| Others | 167 | 201 | 41.9 | 56.3 | -30.4% |
| Total | 715 | 601 | 769 | 292 | -25.8% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from the UK in 2022:
- Egypt (1500.0 kg)
- South Africa (1110.0 kg)
- Nigeria (800.0 kg)
- Ireland (603.0 kg)
- Vietnam (570.0 kg)
- Netherlands (563.0 kg)
- France (200.0 kg)
- Turkey (100.0 kg)
- Malta (71.0 kg)
- China (30.0 kg)
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This report provides an in-depth analysis of the vitamin market in the UK.
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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 the UK.
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This report provides an in-depth analysis of the global vitamin market.
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.
370
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...
855
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.
370
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...
855
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...
