Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Kazakhstan - 2022

Contents:

  1. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Kazakhstan (CIF) - 2022
  2. Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Kazakhstan

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $38,309 per ton in 2022, rising by 21% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% 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 +21.5% against 2019 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 43% against the previous year. As a result, import price reached the peak level of $39,851 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($85,000 per ton), while the price for China ($22,769 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Kazakhstan recorded growth in purchases abroad of vitamins; vitamin B2 and its derivatives, unmixeds, which increased by 31% to 1.7 tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +75.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds surged to $67K in 2022. Over the period under review, imports saw a significant expansion. 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 Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia20.48.721.343.929.1%
Germany10.11.46.415.916.3%
AustraliaN/A1.62.06.296.9%
China0.2N/A1.40.314.5%
BulgariaN/A4.5N/AN/A0%
BelgiumN/AN/A3.8N/A0%
United KingdomN/A17.0N/AN/A0%
Others0.60.47.20.2-30.7%
Total31.333.642.066.528.6%

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

  1. Russia (1331.0 kg)
  2. Germany (385.0 kg)
  3. China (13.0 kg)
  4. Australia (5.0 kg)

Source: IndexBox Market Intelligence Platform

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