Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia - 2023

Contents:

  1. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia (CIF) - 2022
  2. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia (FOB) - 2022
  3. Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia
  4. Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia

Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $27,902 per ton, declining by -7% against the previous year. Overall, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 65%. Over the period under review, average import prices attained the peak figure at $33,013 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($112,038 per ton), while the price for the Netherlands ($20,154 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia (FOB) - 2022

The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $23,283 per ton in 2022, increasing by 262% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $26,659 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 Kosovo ($67,667 per ton), while the average price for exports to Bosnia and Herzegovina amounted to $21,896 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kosovo (+18.3%), while the prices for the other major destinations experienced a decline.

Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia

In 2022, overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds were finally on the rise to reach 2.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep contraction.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds skyrocketed to $68K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands35.337.332.943.97.5%
Italy0.31.45.611.9241.0%
SloveniaN/A0.40.94.7242.8%
SpainN/AN/AN/A2.20%
Others6.94.014.35.1-9.6%
Total42.543.053.867.716.8%

Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Croatia in 2022:

  1. Netherlands (2178.0 kg)
  2. Italy (106.0 kg)
  3. Slovenia (73.0 kg)
  4. Spain (37.0 kg)

Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia

In 2022, approx. 99 kg of vitamins; vitamin B12 and its derivatives, unmixeds were exported from Croatia; falling by -91.1% on 2021 figures. In general, exports faced a dramatic setback. The smallest decline of -25.8% was in 2020.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds shrank notably to $2.3K in 2022. Overall, exports saw a sharp shrinkage. The smallest decline of -1% was in 2021.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina1.02.01.82.128.1%
KosovoN/A0.10.20.241.4%
Slovenia8.85.13.7N/A-35.2%
OthersN/AN/A1.5N/A0%
Total9.97.27.12.3-38.5%

Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Croatia in 2022:

  1. Bosnia and Herzegovina (96.0 kg)
  2. Kosovo (3.0 kg)
Store
Blog
Event
The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 248

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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 383

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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1450

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 862

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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 248

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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 383

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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1450

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 862

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...

Free Data: Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Croatia - 2023