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

Contents:

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

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

In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $210,439 per ton, jumping by 16% against the previous year. Over the period under review, the export price posted a measured increase. The pace of growth appeared the most rapid in 2021 an increase of 84% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($634,967 per ton), while the average price for exports to Algeria ($21,860 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 Iran (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $20,684 per ton in 2022, picking up by 72% against the previous year. Overall, the import price, however, continues to indicate a mild decline. Over the period under review, average import prices attained the maximum at $24,714 per ton in 2012; however, from 2013 to 2022, import prices stood 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 China ($48,977 per ton), while the price for Italy ($6,467 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+28.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of vitamins; vitamin b12 and its derivatives, unmixeds from France dropped to 221 tons, with a decrease of -8.9% against 2021 figures. Overall, exports continue to indicate a significant decrease.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds expanded markedly to $47M in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of $52M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands16.219.612.910.1-14.6%
Mexico5.86.55.88.212.2%
Brazil2.33.83.45.533.7%
Belgium3.53.54.25.314.8%
Japan2.83.53.81.8-13.7%
Denmark0.60.81.01.122.4%
Germany1.21.21.11.0-5.9%
Iran0.60.70.70.60.0%
Taiwan (Chinese)0.30.20.40.410.1%
Algeria0.20.10.10.1-20.6%
Russia0.40.30.20.1-37.0%
Others12.212.010.412.30.3%
Total46.252.144.046.60.3%

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

  1. Netherlands (101.5 tons)
  2. Belgium (15.6 tons)
  3. Brazil (13.2 tons)
  4. Mexico (12.9 tons)
  5. Denmark (10.7 tons)
  6. Iran (5.8 tons)
  7. Japan (5.6 tons)
  8. Taiwan (Chinese) (3.6 tons)
  9. Germany (3.6 tons)
  10. Russia (3.2 tons)
  11. Algeria (2.6 tons)

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

For the third consecutive year, France recorded decline in overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds, which decreased by -24% to 243 tons in 2022. In general, imports saw a abrupt slump. The smallest decline of -8.3% was in 2021.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds skyrocketed to $5M in 2022. Overall, imports continue to indicate a drastic downturn.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5,0951,4671,7242,846-17.6%
Netherlands1,3051,5661,5671,303-0.1%
Belgium0.492.177.1450940.0%
Germany72.912011292.98.4%
Italy49.077.414.325.1-20.0%
Switzerland1,74653699.80.1-96.1%
Others468236246307-13.1%
Total8,7374,0943,8405,024-16.8%

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

  1. Netherlands (158.8 tons)
  2. China (58.1 tons)
  3. Belgium (11.3 tons)
  4. Italy (3.9 tons)
  5. Germany (2.7 tons)
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