Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $38,115 per ton, waning by -49.1% against the previous year. In general, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 134%. Over the period under review, average import prices hit record highs at $74,834 per ton in 2021, and then fell remarkably in the following year.
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 India ($112,765 per ton), while the price for Germany ($4,567 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $234,178 per ton in 2022, growing by 6.9% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vitamins; vitamin B12 and its derivatives, unmixeds increased by +117.3% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 65% against the previous year. The export price peaked at $238,557 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($798,300 per ton), while the average price for exports to the UK ($169,521 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 Finland (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland
For the third consecutive year, Ireland recorded decline in overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds, which decreased by -22.8% to 12 tons in 2022. In general, imports recorded a dramatic curtailment. The smallest decline of -6.7% was in 2021.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds reduced remarkably to $456K in 2022. Overall, imports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 80% against the previous year. As a result, imports reached the peak of $1.2M, and then plummeted in the following year.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 57.7 | 49.9 | 78.3 | 198 | 50.8% |
| India | 249 | 69.6 | 419 | 141 | -17.3% |
| China | 77.2 | 35.7 | 65.9 | 73.5 | -1.6% |
| Netherlands | 59.6 | 56.2 | 58.8 | 34.8 | -16.4% |
| United States | 234 | 353 | 504 | 3.6 | -75.1% |
| Germany | 30.2 | 17.3 | 1.0 | 1.4 | -64.1% |
| Others | 67.3 | 64.4 | 32.7 | 4.4 | -59.7% |
| Total | 775 | 646 | 1,160 | 456 | -16.2% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Ireland in 2022:
- Netherlands (4.0 tons)
- United Kingdom (3.8 tons)
- China (2.6 tons)
- India (1.2 tons)
- Germany (0.3 tons)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland
Exports of vitamins; vitamin B12 and its derivatives, unmixeds from Ireland skyrocketed to 701 kg in 2022, growing by 79% against 2021. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 199% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $164K in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 202% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 25.0 | 14.4 | 44.3 | 104 | 60.8% |
| Poland | N/A | 0.6 | 1.2 | 23.9 | 531.1% |
| Spain | 2.6 | 8.0 | 17.0 | 22.0 | 103.8% |
| Finland | 6.7 | 3.1 | 6.2 | 6.2 | -2.6% |
| Slovenia | 8.4 | 1.7 | 1.4 | 1.2 | -47.7% |
| Cyprus | 0.4 | N/A | N/A | N/A | 0% |
| France | N/A | N/A | 0.9 | N/A | 0% |
| Others | 1.8 | 0.7 | 14.8 | 6.4 | 52.6% |
| Total | 44.8 | 28.5 | 85.8 | 164 | 54.1% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Ireland in 2022:
- United Kingdom (616.0 kg)
- Poland (30.0 kg)
- Spain (29.0 kg)
- Finland (8.0 kg)
- Slovenia (6.0 kg)
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This report provides an in-depth analysis of the vitamin market in Ireland.
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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 Ireland.
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This report provides an in-depth analysis of the global vitamin market.
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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.
393
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.
1470
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...
867
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...
264
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.
393
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.
1470
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...
867
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...
