Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK (CIF) - 2022
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK (CIF) - 2022
The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $23,666 per ton in 2022, surging by 31% against the previous year. Over the period under review, the import price showed a modest expansion. The growth pace was the most rapid in 2016 when the average import price increased by 62%. The import price peaked at $43,189 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($43,859 per ton), while the price for India ($10,318 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 (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $30,964 per ton, with an increase of 14% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2013 an increase of 41% against the previous year. The export price peaked at $68,079 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($134,180 per ton), while the average price for exports to Libya ($3,514 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 the United Arab Emirates (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK
In 2022, supplies from abroad of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -21% to 254 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of 346 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds amounted to $6M in 2022. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 6.3% against the previous year. As a result, imports attained the peak of $8.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 1.6 | 1.8 | 3.8 | 26.0% |
| Germany | 0.2 | 0.1 | 0.3 | 1.4 | 91.3% |
| Netherlands | 4.9 | 5.1 | 2.8 | 0.5 | -53.3% |
| India | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| United States | 0.1 | 0.4 | 0.4 | 0.1 | 0.0% |
| Italy | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Others | 0.1 | 0.4 | 0.1 | N/A | 0.0% |
| Total | 7.7 | 8.1 | 5.8 | 6.0 | -8.0% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to the UK in 2022:
- China (173.0 tons)
- Germany (31.7 tons)
- Netherlands (23.9 tons)
- India (20.1 tons)
- United States (2.8 tons)
- Italy (2.0 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK
In 2022, approx. 42 tons of vitamins; vitamin B1 and its derivatives, unmixeds were exported from the UK; growing by 13% against the year before. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 87%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds soared to $1.3M in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 61%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 0.3 | 0.7 | 730 | 4832.9% |
| Netherlands | 27.0 | 22.6 | 105 | 94.1 | 51.6% |
| New Zealand | 53.7 | N/A | N/A | 92.6 | 19.9% |
| Gambia | N/A | 12.1 | N/A | 63.8 | 129.6% |
| Libya | N/A | N/A | N/A | 48.1 | 0% |
| Ukraine | N/A | N/A | 14.0 | 36.3 | 159.3% |
| Mexico | N/A | N/A | 97.6 | 32.7 | -66.5% |
| Ireland | 102 | 92.2 | 155 | 20.2 | -41.7% |
| United States | 13.5 | 84.1 | 59.1 | 11.9 | -4.1% |
| Vietnam | N/A | 4.4 | 118 | 8.3 | 37.3% |
| Iraq | N/A | 176 | 276 | N/A | 56.8% |
| Sweden | 9.9 | 89.1 | N/A | N/A | 800.0% |
| Greece | 35.2 | 20.5 | N/A | N/A | -41.8% |
| Others | 239 | 273 | 199 | 174 | -10.0% |
| Total | 481 | 774 | 1,026 | 1,312 | 39.7% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from the UK in 2022:
- Libya (13.7 tons)
- Gambia (8.2 tons)
- United Arab Emirates (5.4 tons)
- Mexico (4.5 tons)
- New Zealand (2.0 tons)
- Netherlands (1.8 tons)
- Ukraine (1.2 tons)
- Vietnam (0.6 tons)
- United States (0.3 tons)
- Ireland (0.3 tons)
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This report provides an in-depth analysis of the vitamin market in the UK.
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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 the UK.
2747
This report provides an in-depth analysis of the global vitamin market.
237
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.
371
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.
1438
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...
856
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...
237
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.
371
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.
1438
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...
856
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...
