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

Contents:

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

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

In 2022, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $22,138 per ton, jumping by 35% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 69% against the previous year. As a result, import price reached the peak level of $32,965 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($35,409 per ton), while the price for Germany ($13,501 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of vitamins; vitamin B2 and its derivatives, unmixeds into Bolivia fell sharply to 9 tons, which is down by -15.4% against 2021. Overall, imports recorded a deep downturn. The smallest decline of -3.2% was in 2021.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds amounted to $199K in 2022. In general, imports showed a abrupt decrease.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea33.550.354.011048.6%
Germany31810627.844.2-48.2%
China16.529.467.036.830.7%
Spain2.71.811.0N/A101.8%
Others10.423.414.48.2-7.6%
Total381211174199-19.5%

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

  1. Germany (3.3 tons)
  2. South Korea (3.1 tons)
  3. China (2.5 tons)

Source: IndexBox Market Intelligence Platform

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