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

Contents:

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

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

The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $10,380 per ton in 2022, with an increase of 7.9% against the previous year. In general, the import price, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 62% against the previous year. The import price peaked at $27,500 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($32,335 per ton), while the price for the UK ($5,335 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $27,263 per ton in 2022, shrinking by -9.4% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 47% against the previous year. As a result, the export price reached the peak level of $49,623 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

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 Finland ($42,212 per ton), while the average price for exports to Belgium ($21,234 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 Finland (+3.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of vitamins; vitamin B1 and its derivatives, unmixeds into Ireland dropped significantly to 68 tons, shrinking by -24.3% compared with 2021 figures. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds shrank rapidly to $708K in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of $866K, and then fell remarkably in the following year.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom568281300258-23.1%
Netherlands13429440125423.8%
China11326.165.61315.1%
Germany13.812733.626.023.5%
Others20.927.365.539.223.3%
Total850756866708-5.9%

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

  1. United Kingdom (48.4 tons)
  2. Netherlands (13.5 tons)
  3. China (4.1 tons)
  4. Germany (0.9 tons)

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

Exports of vitamins; vitamin B1 and its derivatives, unmixeds from Ireland soared to 4.9 tons in 2022, growing by 103% on 2021. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds surged to $133K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom50.739.658.210326.7%
Spain9.04.64.710.55.3%
SloveniaN/A0.61.26.2221.5%
Czech RepublicN/AN/A1.03.7270.0%
Belgium3.06.12.12.7-3.5%
Others1.06.35.16.687.6%
Total63.657.272.413327.9%

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

  1. United Kingdom (3679.0 kg)
  2. Spain (491.0 kg)
  3. Slovenia (278.0 kg)
  4. Belgium (128.0 kg)
  5. Czech Republic (94.0 kg)
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