Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $167,549 per ton, picking up by 67% against the previous year. Over the period under review, the import price posted a perceptible increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 100% against the previous year. Over the period under review, average import prices hit record highs at $335,219 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 the United States ($265,548 per ton), while the price for the UK ($26,525 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 (-1.8%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $595,592 per ton in 2022, with an increase of 223% against the previous year. Overall, the export price recorded a buoyant expansion. The export price peaked at $618,250 per ton in 2018; however, from 2019 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 Spain ($737,455 per ton), while the average price for exports to Azerbaijan ($334,286 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 Denmark (+190.0%).
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria
In 2022, approx. 1.4 tons of vitamins; vitamin B12 and its derivatives, unmixeds were imported into Bulgaria; with a decrease of -14.5% on the year before. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 300% against the previous year. As a result, imports attained the peak of 1.7 tons, and then dropped in the following year.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds skyrocketed to $242K in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 47%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 3.4 | 109 | 117 | 486.6% |
| Netherlands | 98.0 | 44.1 | 11.2 | 58.3 | -15.9% |
| China | 4.5 | 3.5 | 11.2 | 20.0 | 64.4% |
| Germany | 15.5 | 4.3 | 23.1 | 11.3 | -10.0% |
| Poland | 0.4 | N/A | N/A | 1.3 | 48.1% |
| United Kingdom | N/A | N/A | 1.2 | 1.1 | -8.3% |
| Spain | 19.5 | 1.0 | 4.3 | N/A | -53.0% |
| Italy | N/A | 0.3 | 3.7 | N/A | 1133.3% |
| Others | N/A | 58.7 | 6.0 | 33.4 | -24.6% |
| Total | 138 | 115 | 170 | 242 | 20.6% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Bulgaria in 2022:
- Netherlands (656.0 kg)
- United States (440.0 kg)
- Germany (146.0 kg)
- China (105.0 kg)
- Poland (43.0 kg)
- United Kingdom (40.0 kg)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria
Exports of vitamins; vitamin B12 and its derivatives, unmixeds from Bulgaria soared to 76 kg in 2022, picking up by 1,167% compared with the previous year's figure. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 9,900%. As a result, the exports attained the peak of 600 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds surged to $45K in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 7,615% against the previous year. As a result, the exports reached the peak of $156K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 32.4 | 0% |
| Azerbaijan | N/A | N/A | N/A | 7.0 | 0% |
| Netherlands | 2.0 | 156 | N/A | 5.8 | 42.6% |
| Others | N/A | N/A | 1.1 | N/A | 0% |
| Total | 2.0 | 156 | 1.1 | 45.3 | 182.9% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Bulgaria in 2022:
- Spain (44.0 kg)
- Azerbaijan (21.0 kg)
- Netherlands (11.0 kg)
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This report provides an in-depth analysis of the vitamin market in Bulgaria.
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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 Bulgaria.
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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...
