Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Czech Republic - 2023

Contents:

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

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

In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $251,342 per ton, rising by 87% against the previous year. Overall, the import price showed a significant increase. The growth pace was the most rapid in 2021 an increase of 1,066% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 Romania ($387,913 per ton), while the price for the Netherlands ($9,881 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $136,665 per ton in 2022, growing by 28% against the previous year. Overall, the export price recorded a pronounced expansion. The growth pace was the most rapid in 2020 an increase of 148%. As a result, the export price attained the peak level of $268,155 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($281,613 per ton), while the average price for exports to Slovakia ($130,413 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 Slovakia (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Czech Republic

After three years of growth, overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -43.4% to 31 tons in 2022. Overall, imports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of 55 tons, and then shrank notably in the following year.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds expanded rapidly to $7.8M in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 1,443%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/AN/A6,6477,2018.3%
Slovakia2.4195258221351.6%
Poland7.581.0231190193.7%
Germany70.648.830.756.7-7.0%
NetherlandsN/A94.883.319.3-54.9%
France3.98.816.718.568.0%
China15017.226.616.2-52.4%
Canada188N/A6.13.0-74.8%
Others34.129.842.042.98.0%
Total4574767,3427,768157.1%

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

  1. Romania (18.6 tons)
  2. Slovakia (4.6 tons)
  3. Poland (2.8 tons)
  4. Netherlands (2.0 tons)
  5. Germany (1.4 tons)
  6. France (0.6 tons)
  7. China (0.2 tons)

Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Czech Republic

In 2022, overseas shipments of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -18.3% to 56 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 4,878%. As a result, the exports attained the peak of 69 tons, and then dropped markedly in the following year.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds stood at $7.7M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,884%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SlovakiaN/AN/A6.56.61.5%
RomaniaN/AN/AN/A0.80%
PolandN/A0.30.80.2-18.4%
Germany0.1N/AN/A0.10.0%
OthersN/AN/AN/AN/A0%
Total0.10.47.47.7325.4%

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

  1. Slovakia (50.7 tons)
  2. Romania (4.0 tons)
  3. Germany (0.7 tons)
  4. Poland (0.7 tons)
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