Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Latvia - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Latvia (FOB) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Latvia (CIF) - 2022
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Latvia
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Latvia
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Latvia (FOB) - 2022
The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $75,883 per ton in 2022, surging by 62% against the previous year. Overall, the export price recorded a notable expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($92,961 per ton), while the average price for exports to Germany ($2,080 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 Lithuania (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Latvia (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $13,137 per ton, which is down by -54.9% against the previous year. Overall, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 78%. As a result, import price attained the peak level of $36,425 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
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 the Netherlands ($38,857 per ton), while the price for Germany ($12,153 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Latvia
In 2022, approx. 4.2 tons of vitamins; vitamin B1 and its derivatives, unmixeds were exported from Latvia; rising by 881% against the previous year. Overall, exports continue to indicate a significant increase. 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 $318K in 2022. Over the period under review, exports showed significant growth. 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 314 | 0% |
| Uzbekistan | 0.9 | 0.9 | N/A | 2.2 | 34.7% |
| Germany | 0.4 | 0.2 | 0.3 | 1.4 | 51.8% |
| Denmark | N/A | N/A | 18.5 | N/A | 0% |
| Others | 0.5 | 2.1 | 1.2 | 0.4 | -7.2% |
| Total | 1.8 | 3.2 | 20.0 | 318 | 461.1% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Latvia in 2022:
- Ukraine (3.4 tons)
- Germany (0.7 tons)
- Uzbekistan (0.1 tons)
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Latvia
In 2022, the amount of vitamins; vitamin B1 and its derivatives, unmixeds imported into Latvia surged to 22 tons, increasing by 1,047% against the previous year's figure. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds surged to $283K in 2022. In general, imports enjoyed a remarkable increase.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.3 | 14.4 | 8.6 | 244 | 472.6% |
| Denmark | 69.8 | 72.2 | 35.8 | 31.4 | -23.4% |
| Lithuania | 95.3 | 278 | N/A | N/A | 191.7% |
| Others | 11.3 | 6.9 | 10.4 | 7.7 | -12.0% |
| Total | 178 | 371 | 54.8 | 283 | 16.7% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Latvia in 2022:
- Germany (20.1 tons)
- Denmark (1.3 tons)
498
This report provides an in-depth analysis of the vitamin market in Latvia.
2730
This report provides an in-depth analysis of the global vitamin market.
498
This report provides an in-depth analysis of the vitamin market in Latvia.
2730
This report provides an in-depth analysis of the global vitamin market.
231
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.
357
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.
1425
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...
843
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...
231
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.
357
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.
1425
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...
843
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...
