Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus - 2022
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $48,305 per ton, rising by 61% against the previous year. Overall, the import price posted strong growth. Over the period under review, average import prices attained the peak figure at $67,233 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Switzerland ($137,001 per ton), while the price for Belgium ($26,974 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus (FOB) - 2022
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $34,711 per ton in 2022, leveling off at the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 128% against the previous year. The export price peaked at $82,000 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($59,564 per ton), while the average price for exports to Kazakhstan ($2,254 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 Russia (-3.5%), while the prices for the other major destinations experienced a decline.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus
In 2022, the amount of vitamins; vitamin B1 and its derivatives, unmixeds imported into Belarus was estimated at 14 tons, growing by 10% against 2021 figures. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.3% 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 -26.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 87%. As a result, imports reached the peak of 18 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds surged to $655K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 159 | 201 | 54.1 | 171 | 2.5% |
| Switzerland | 76.7 | 10.4 | 60.5 | 91.4 | 6.0% |
| Russia | 35.9 | 47.9 | 32.3 | 50.9 | 12.3% |
| Germany | 59.1 | 121 | 67.9 | 42.3 | -10.5% |
| Lithuania | 11.8 | 19.9 | 20.8 | 36.8 | 46.1% |
| Poland | 18.0 | 17.2 | 4.7 | 27.1 | 14.6% |
| Netherlands | 3.4 | 27.2 | 9.6 | 14.2 | 61.0% |
| Belgium | 7.5 | 7.8 | 10.6 | 6.2 | -6.1% |
| Others | 69.6 | 172 | 109 | 216 | 45.9% |
| Total | 441 | 624 | 369 | 655 | 14.1% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Belarus in 2022:
- China (4.9 tons)
- Russia (1.8 tons)
- Germany (1.0 tons)
- Switzerland (0.7 tons)
- Lithuania (0.6 tons)
- Netherlands (0.4 tons)
- Poland (0.4 tons)
- Belgium (0.2 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus
In 2022, the amount of vitamins; vitamin B1 and its derivatives, unmixeds exported from Belarus reached 2.3 tons, remaining relatively unchanged against the previous year. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 138%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds amounted to $80K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 187% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 18.9 | 78.1 | 77.2 | 73.7 | 57.4% |
| Azerbaijan | 8.3 | N/A | N/A | 5.1 | -15.0% |
| Kazakhstan | 0.5 | 1.7 | 1.3 | 1.0 | 26.0% |
| Others | N/A | N/A | 1.2 | N/A | 0% |
| Total | 27.8 | 79.8 | 79.8 | 79.8 | 42.1% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Belarus in 2022:
- Russia (1237.0 kg)
- Azerbaijan (609.0 kg)
- Kazakhstan (453.0 kg)
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This report provides an in-depth analysis of the vitamin market in Belarus.
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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 Belarus.
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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.
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.
1439
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.
1439
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...
