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

Contents:

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

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

The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $23,339 per ton in 2022, with a decrease of -7.1% against the previous year. Over the period under review, the import price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2015 when the average import price increased by 117% against the previous year. Over the period under review, average import prices attained the peak figure at $39,929 per ton in 2019; however, from 2020 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 China ($287,115 per ton), while the price for Belgium ($4,368 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+39.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $43,461 per ton, picking up by 36% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 +69.2% against 2020 indices. The export price peaked at $45,235 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($194,286 per ton), while the average price for exports to Finland ($38,979 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 (+18.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 17 tons of vitamins; vitamin B12 and its derivatives, unmixeds were imported into Sweden; waning by -4.7% against 2021 figures. In general, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 with an increase of 12%.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds shrank to $405K in 2022. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 5.1% against the previous year.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.36.4227152228.2%
Germany27.449.349.566.734.5%
Netherlands62.635.431.654.3-4.6%
Denmark47.762.744.849.21.0%
NorwayN/AN/A25.541.362.0%
France3591990.316.2-64.4%
Finland76.19.15.710.8-47.8%
EstoniaN/AN/AN/A6.20%
United Kingdom52.851.010.70.5-78.8%
Others10822.362.57.6-58.7%
Total738435457405-18.1%

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

  1. Denmark (9.2 tons)
  2. Netherlands (2.5 tons)
  3. Germany (1.9 tons)
  4. Norway (1.5 tons)
  5. United States (0.9 tons)
  6. Estonia (0.8 tons)
  7. Finland (0.4 tons)
  8. France (0.2 tons)

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

In 2022, shipments abroad of vitamins; vitamin B12 and its derivatives, unmixeds was finally on the rise to reach 3.4 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a sharp setback.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $147K in 2022. In general, exports, however, showed a drastic downturn.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland13416236.6117-4.4%
Norway6.46.225.328.364.1%
Denmark131N/AN/A1.4-78.0%
OthersN/A1.3N/A0.1-72.3%
Total27217061.9147-18.5%

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

  1. Finland (3001.0 kg)
  2. Norway (366.0 kg)
  3. Denmark (7.0 kg)
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