Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland - 2024
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland (CIF) - 2024
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland (CIF) - 2024
In January 2024, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $46,354 per ton, remaining stable against the previous month. In general, the import price, however, continues to indicate perceptible growth. The pace of growth appeared the most rapid in November 2023 an increase of 105% month-to-month. Over the period under review, average import prices attained the maximum at $107K per ton in May 2023; however, from June 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($112K per ton), while the price for China ($24,450 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $78,798 per ton, dropping by -17.9% against the previous year. Over the period under review, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2021 an increase of 91% against the previous year. As a result, the export price reached the peak level of $95,919 per ton, and then dropped markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($248,833 per ton), while the average price for exports to Belgium ($35,750 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+67.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland
Imports of vitamins; vitamin B1 and its derivatives, unmixeds into Switzerland surged to 99 tons in 2022, with an increase of 57% against 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 $3.5M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 236 | 1,243 | 841 | 1,761 | 95.4% |
| China | 1,302 | 1,465 | 517 | 891 | -11.9% |
| Netherlands | 48.1 | 296 | 634 | 715 | 145.9% |
| France | 2.5 | 2.1 | 231 | 134 | 277.0% |
| Denmark | 1,172 | N/A | 230 | 27.7 | -71.3% |
| Others | 215 | 48.1 | 28.2 | 12.3 | -61.5% |
| Total | 2,975 | 3,054 | 2,480 | 3,541 | 6.0% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Switzerland in 2022:
- Germany (51.0 tons)
- China (27.6 tons)
- Netherlands (16.1 tons)
- France (2.9 tons)
- Denmark (1.0 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland
For the third consecutive year, Switzerland recorded decline in overseas shipments of vitamins; vitamin B1 and its derivatives, unmixeds, which decreased by -27.1% to 1.9 tons in 2022. In general, exports showed a sharp descent.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds fell dramatically to $148K in 2022. Over the period under review, exports saw a precipitous slump. The smallest decline of -27.7% was in 2020.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.1 | 101 | 48.4 | 54.4 | 21.8% |
| Venezuela | N/A | N/A | N/A | 35.3 | 0% |
| France | 21.3 | 7.0 | N/A | 31.5 | 13.9% |
| United States | N/A | 20.7 | N/A | 7.8 | -38.6% |
| Sweden | N/A | N/A | N/A | 7.5 | 0% |
| Belgium | N/A | N/A | N/A | 7.2 | 0% |
| United Kingdom | N/A | N/A | 3.6 | 3.9 | 8.3% |
| New Zealand | 4.7 | 125 | 30.7 | N/A | 155.6% |
| Chile | 138 | 3.7 | N/A | N/A | -97.3% |
| India | 394 | 6.9 | N/A | N/A | -98.2% |
| Egypt | 55.9 | 7.8 | N/A | N/A | -86.0% |
| Belarus | 50.8 | 12.8 | N/A | N/A | -74.8% |
| Israel | N/A | 67.0 | N/A | N/A | 0% |
| Others | 47.0 | 184 | 164 | N/A | 86.8% |
| Total | 742 | 536 | 246 | 148 | -41.6% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Switzerland in 2022:
- Venezuela (700.0 kg)
- France (377.0 kg)
- Germany (349.0 kg)
- Belgium (200.0 kg)
- United States (157.0 kg)
- United Kingdom (59.0 kg)
- Sweden (30.0 kg)
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This report provides an in-depth analysis of the vitamin market in Switzerland.
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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 Switzerland.
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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.
1424
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...
842
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.
1424
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...
842
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...
