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

Contents:

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

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $14,395 per ton in 2022, surging by 24% against the previous year. Overall, the import price, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015 an increase of 30%. The import price peaked at $28,805 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($138,566 per ton), while the price for Germany ($9,347 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $28,000 per ton, surging by 38% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 69%. Over the period under review, the average export prices hit record highs at $46,800 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to -0.0% per year.

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

In 2022, approx. 3 tons of vitamins; vitamin B2 and its derivatives, unmixeds were imported into Uruguay; shrinking by -45.6% compared with the previous year's figure. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. As a result, imports reached the peak of 5.6 tons, and then fell significantly in the following year.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds contracted notably to $44K in 2022. In general, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27.813.220.724.8-3.7%
China3.80.92.110.540.3%
South Korea8.72.51.14.3-20.9%
France2.11.05.00.1-63.8%
Spain3.22.42.0N/A-20.9%
Argentina5.25.66.6N/A12.7%
Netherlands4.95.25.9N/A9.7%
Brazil2.23.93.1N/A18.7%
Others31.610.018.34.0-49.8%
Total89.544.964.743.7-21.3%

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

  1. Germany (2648.0 kg)
  2. South Korea (275.0 kg)
  3. China (76.0 kg)
  4. France (7.0 kg)

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

In 2022, approx. 8 kg of vitamins; vitamin B2 and its derivatives, unmixeds were exported from Uruguay; which is down by -27.3% on the year before. In general, exports saw a pronounced curtailment. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds stood at $224 in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 8.4%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Uruguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay1722061992249.2%
Chile18.0N/A24.0N/A15.5%
OthersN/AN/AN/AN/A0%
Total1902062232245.6%

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

  1. Paraguay (8.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin B2 and its derivatives, unmixed - Uruguay