Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $40,124 per ton, surging by 9.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the maximum at $62,422 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 Sweden ($104,373 per ton), while the price for Denmark ($21,376 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $34,000 per ton, rising by 2.3% against the previous year. Overall, the export price recorded strong growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 21%. As a result, the export price attained the peak level of $66,858 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($44,190 per ton), while the average price for exports to Iraq ($12,250 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+11.9%).
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland
In 2022, overseas purchases of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -28.9% to 5.9 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 5.6% against the previous year. As a result, imports reached the peak of 11 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 dropped dramatically to $237K in 2022. Over the period under review, imports faced a abrupt setback. The smallest decline of -10.4% was in 2021.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 19.8 | 72.7 | 106 | 114 | 79.2% |
| Denmark | 129 | 140 | 89.0 | 49.7 | -27.2% |
| Netherlands | 9.9 | 44.2 | 71.5 | 44.7 | 65.3% |
| Germany | 107 | 48.1 | 32.9 | 23.8 | -39.4% |
| China | 115 | 0.7 | 0.3 | N/A | -94.9% |
| Others | 17.5 | 33.4 | 3.9 | 5.1 | -33.7% |
| Total | 398 | 339 | 304 | 237 | -15.9% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Finland in 2022:
- Denmark (2.3 tons)
- Netherlands (1.8 tons)
- Sweden (1.1 tons)
- Germany (0.6 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland
In 2022, exports of vitamins; vitamin B1 and its derivatives, unmixeds from Finland shrank rapidly to 31 kg, falling by -57.5% compared with the previous year's figure. In general, exports recorded a dramatic shrinkage. The smallest decline of -2.7% was in 2021.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds declined dramatically to $1.1K in 2022. Over the period under review, exports showed a dramatic curtailment. The smallest decline of -0.6% was in 2021.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 0.1 | N/A | 0.9 | 200.0% |
| Iraq | N/A | N/A | N/A | 0.1 | 0% |
| Norway | N/A | N/A | 0.1 | N/A | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Lithuania | 4.5 | 2.4 | N/A | N/A | -46.7% |
| Kuwait | N/A | N/A | 2.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.5 | 2.4 | 2.4 | 1.1 | -37.5% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Finland in 2022:
- Russia (21.0 kg)
- Iraq (8.0 kg)
- China (2.0 kg)
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This report provides an in-depth analysis of the vitamin market in Finland.
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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 Finland.
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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.
367
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.
1435
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...
853
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.
367
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.
1435
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...
853
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...
