Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Croatia - 2023

Contents:

  1. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Croatia (CIF) - 2022
  2. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Croatia (FOB) - 2022
  3. Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Croatia
  4. Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Croatia

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Croatia (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $46,807 per ton, picking up by 48% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 B1 and its derivatives, unmixeds increased by +48.5% against 2019 indices. The import price peaked at $47,944 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 China ($119,500 per ton), while the price for Slovenia ($25,000 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 (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Croatia (FOB) - 2022

The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $29,800 per ton in 2022, declining by -7.7% against the previous year. Overall, the export price, however, saw a prominent expansion. The pace of growth was the most pronounced in 2015 an increase of 147%. Over the period under review, the average export prices reached the peak figure at $62,947 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($48,000 per ton), while the average price for exports to Albania stood at $17,667 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+19.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Croatia

In 2022, supplies from abroad of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -21.2% to 2.5 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 1.6% against the previous year. As a result, imports attained the peak of 3.4 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds skyrocketed to $119K in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations 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 Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands77.082.266.085.83.7%
Germany18.214.529.017.4-1.5%
Belgium1.30.12.56.873.6%
PolandN/AN/AN/A5.70%
Slovenia1.4N/AN/A1.910.7%
France4.92.42.5N/A-28.6%
Others1.67.01.51.1-11.7%
Total1041061021194.6%

Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Croatia in 2022:

  1. Netherlands (1645.0 kg)
  2. Germany (535.0 kg)
  3. Belgium (206.0 kg)
  4. Slovenia (75.0 kg)
  5. Poland (62.0 kg)

Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Croatia

Exports of vitamins; vitamin B1 and its derivatives, unmixeds from Croatia declined notably to 5 kg in 2022, with a decrease of -99.2% compared with the year before. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 371%. As a result, the exports reached the peak of 627 kg, and then shrank dramatically in the following year.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds declined notably to $149 in 2022. Over the period under review, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 172%. As a result, the exports reached the peak of $20K, and then reduced sharply in the following year.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia14.7N/AN/A0.1-81.1%
AlbaniaN/A0.5N/A0.1-55.3%
SerbiaN/A0.9N/AN/A0%
IranN/AN/A18.4N/A0%
NetherlandsN/A4.60.6N/A-87.0%
OthersN/A1.41.2N/A-14.3%
Total14.77.520.30.1-81.1%

Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Croatia in 2022:

  1. Albania (3.0 kg)
  2. Slovenia (2.0 kg)
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