Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Azerbaijan - 2023

Contents:

  1. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Azerbaijan (CIF) - 2022
  2. Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Azerbaijan

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Azerbaijan (CIF) - 2022

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $144,280 per ton in 2022, picking up by 274% against the previous year. In general, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($182,600 per ton), while the price for China ($106,625 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+932.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Azerbaijan

In 2022, approx. 25 kg of vitamins; vitamin B2 and its derivatives, unmixeds were imported into Azerbaijan; surging by 400% against the previous year's figure. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds skyrocketed to $3.6K in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Azerbaijan (USD)
COUNTRY202020212022CAGR,
2020-2022
Germany1.01741,8264173.2%
Turkey480N/A92839.0%
China1.014.08532820.6%
Netherlands1.05.0N/A400.0%
Others2.0N/AN/A0%
Total4851933,607172.7%

Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Azerbaijan in 2022:

  1. Germany (10.0 kg)
  2. China (8.0 kg)
  3. Turkey (7.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 260

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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 390

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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1463

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 865

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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 260

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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 390

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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1463

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 865

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...

Free Data: Vitamins; vitamin B2 and its derivatives, unmixed - Azerbaijan