Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany (CIF) - 2022
The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $51,359 per ton in 2022, falling by -24.3% against the previous year. Overall, the import price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2016 an increase of 61%. The import price peaked at $96,762 per ton in 2018; however, from 2019 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 Spain ($733,369 per ton), while the price for Denmark ($19,290 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 (+33.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $90,844 per ton, rising by 35% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the maximum at $109,178 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 China ($572,558 per ton), while the average price for exports to the Netherlands ($24,381 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 Denmark (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany
In 2022, approx. 209 tons of vitamins; vitamin B12 and its derivatives, unmixeds were imported into Germany; rising by 52% compared with 2021. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $11M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 4.6 | 5.7 | 6.6 | 11.2% |
| Netherlands | 0.2 | 1.6 | 1.0 | 1.6 | 100.0% |
| Denmark | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Slovakia | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 4.8 | 2.2 | 2.5 | 2.2 | -22.9% |
| Total | 9.9 | 8.4 | 9.3 | 10.7 | 2.6% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Germany in 2022:
- China (166.5 tons)
- Netherlands (22.9 tons)
- Denmark (8.6 tons)
- Slovakia (3.2 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany
For the fourth year in a row, Germany recorded growth in shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds, which increased by 3.8% to 58 tons in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds surged to $5.3M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 16.8 | N/A | N/A | 793 | 261.4% |
| China | 84.2 | 28.3 | 155 | 711 | 103.6% |
| Denmark | 25.4 | 32.8 | 471 | 483 | 166.9% |
| France | 72.2 | 95.0 | 77.6 | 478 | 87.8% |
| Netherlands | 439 | 604 | 606 | 338 | -8.3% |
| United States | 32.6 | 51.9 | 149 | 260 | 99.8% |
| Switzerland | 310 | 421 | 352 | 154 | -20.8% |
| Australia | 2.6 | 6.1 | 4.6 | 117 | 255.7% |
| Poland | 267 | 417 | 101 | 106 | -26.5% |
| Spain | 14.7 | 186 | 112 | 105 | 92.6% |
| Italy | 73.4 | 158 | 179 | 90.2 | 7.1% |
| United Kingdom | 58.6 | 92.0 | 37.1 | 89.3 | 15.1% |
| Turkey | 33.0 | 98.2 | 56.8 | 80.1 | 34.4% |
| Others | 1,944 | 1,270 | 1,455 | 1,472 | -8.9% |
| Total | 3,374 | 3,460 | 3,757 | 5,276 | 16.1% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Germany in 2022:
- Netherlands (13.9 tons)
- Denmark (9.0 tons)
- Iran (7.5 tons)
- Switzerland (3.4 tons)
- Poland (2.7 tons)
- Australia (2.7 tons)
- Spain (2.2 tons)
- Turkey (1.9 tons)
- France (1.9 tons)
- United Kingdom (1.7 tons)
- United States (1.5 tons)
- Italy (1.5 tons)
- China (1.2 tons)
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This report provides an in-depth analysis of the vitamin market in Germany.
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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 Germany.
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This report provides an in-depth analysis of the global vitamin market.
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In Dec 2022 the price of vitamins was $12.6 per kg (CIF, Germany), a decrease of 5.6% from the previous month
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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.
385
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.
1453
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...
864
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...
240
In Dec 2022 the price of vitamins was $12.6 per kg (CIF, Germany), a decrease of 5.6% from the previous month
250
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.
385
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.
1453
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...
864
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...
