Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium (CIF) - 2023
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium (CIF) - 2023
In November 2023, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $22,104 per ton, picking up by 29% against the previous month. Over the period under review, the import price continues to indicate modest growth. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 136% against the previous month. As a result, import price reached the peak level of $38,005 per ton. From June 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($37,931 per ton), while the price for the Netherlands ($17,623 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $22,023 per ton, shrinking by -6.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 44%. The export price peaked at $42,175 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($28,330 per ton), while the average price for exports to the United States ($16,087 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 Brazil (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium
In 2022, after three years of growth, there was significant decline in overseas purchases of vitamins; vitamin B1 and its derivatives, unmixeds, when their volume decreased by -11% to 190 tons. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports attained the peak of 214 tons, and then declined in the following year.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds contracted to $4.3M in 2022. Overall, imports continue to indicate a deep contraction. The smallest decline of less than 0.1% was in 2021.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.1 | 2.7 | 2.9 | 2.3 | -9.5% |
| China | 1.6 | 1.4 | 1.2 | 1.3 | -6.7% |
| Germany | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
| Others | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Total | 5.4 | 4.9 | 4.9 | 4.3 | -7.3% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Belgium in 2022:
- Netherlands (109.6 tons)
- China (56.8 tons)
- Germany (18.0 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium
In 2022, exports of vitamins; vitamin B1 and its derivatives, unmixeds from Belgium expanded modestly to 82 tons, growing by 4.6% on 2021 figures. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 54% against the previous year. As a result, the exports attained the peak of 129 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds declined modestly to $1.8M in 2022. Overall, exports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 46% against the previous year. As a result, the exports attained the peak of $3.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 338 | 101 | 271 | 247 | -9.9% |
| France | 869 | 734 | 533 | 235 | -35.3% |
| Netherlands | 87.6 | 329 | 92.1 | 210 | 33.8% |
| Tunisia | 23.4 | 36.1 | 1.4 | 205 | 106.1% |
| Poland | 174 | 55.7 | 148 | 195 | 3.9% |
| United States | 34.4 | 54.4 | 111 | 129 | 55.4% |
| Germany | 178 | 257 | 115 | 120 | -12.3% |
| United Kingdom | 58.4 | 208 | 53.4 | 116 | 25.7% |
| Iran | N/A | 100 | 59.9 | 64.1 | -19.9% |
| Hungary | 56.3 | 51.8 | 32.9 | 31.3 | -17.8% |
| Italy | 86.6 | 176 | 87.2 | 28.5 | -31.0% |
| Spain | 99.9 | 64.8 | 102 | 8.0 | -56.9% |
| Switzerland | 5.1 | 779 | 0.1 | 0.1 | -73.0% |
| Others | 331 | 462 | 238 | 213 | -13.7% |
| Total | 2,342 | 3,409 | 1,845 | 1,801 | -8.4% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Belgium in 2022:
- Russia (11.0 tons)
- Netherlands (10.9 tons)
- France (10.5 tons)
- Tunisia (9.5 tons)
- Poland (9.3 tons)
- United States (8.0 tons)
- Germany (4.7 tons)
- United Kingdom (4.1 tons)
- Iran (2.5 tons)
- Hungary (1.6 tons)
- Italy (1.1 tons)
- Spain (0.4 tons)
525
This report provides an in-depth analysis of the vitamin market in Belgium.
2741
This report provides an in-depth analysis of the global vitamin market.
525
This report provides an in-depth analysis of the vitamin market in Belgium.
2741
This report provides an in-depth analysis of the global vitamin market.
235
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.
369
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.
1437
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...
854
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...
235
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.
369
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.
1437
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...
854
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...
