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

Contents:

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

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

The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $196,730 per ton in 2022, declining by -63.4% against the previous year. Over the period under review, the import price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by 695%. As a result, import price attained the peak level of $536,947 per ton, and then shrank dramatically 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 Belgium ($278,000 per ton), while the price for Germany ($23,500 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 (+35.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $15,190 per ton in 2022, falling by -34% against the previous year. In general, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 an increase of 85%. As a result, the export price reached the peak level of $36,000 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($267,000 per ton), while the average price for exports to the Netherlands stood at $9,049 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+200.8%).

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

In 2022, the amount of vitamins; vitamin B12 and its derivatives, unmixeds imported into Luxembourg skyrocketed to 37 kg, jumping by 95% against 2021. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,256% against the previous year. As a result, imports attained the peak of 122 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds contracted remarkably to $7.3K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 797%.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A6.50%
Belgium0.71.41.20.6-5.0%
DenmarkN/A0.10.10.10.0%
United StatesN/AN/AN/A0.10%
Germany0.20.20.10.1-20.6%
FranceN/A6.40.2N/A-96.9%
OthersN/A0.28.7N/A4250.0%
Total0.98.210.27.3100.9%

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

  1. Netherlands (26.0 kg)
  2. Germany (6.0 kg)
  3. United States (2.0 kg)
  4. Belgium (2.0 kg)
  5. Denmark (1.0 kg)

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

In 2022, approx. 42 kg of vitamins; vitamin B12 and its derivatives, unmixeds were exported from Luxembourg; rising by 2,000% against the year before. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds surged to $638 in 2022. In general, exports, however, continue to indicate a deep reduction.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Luxembourg (USD)
COUNTRY202020212022CAGR,
2020-2022
Netherlands1.01.03711826.1%
GeorgiaN/AN/A2670%
Iran79145.0N/A-94.3%
Others1.0N/AN/A0%
Total79346.0638-10.3%

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

  1. Netherlands (41.0 kg)
  2. Georgia (1.0 kg)
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