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

Contents:

  1. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Bulgaria (CIF) - 2022
  2. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Bulgaria (FOB) - 2022
  3. Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Bulgaria
  4. Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Bulgaria

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $36,649 per ton in 2022, falling by -24.5% against the previous year. In general, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2013 an increase of 58%. As a result, import price attained the peak level of $93,184 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 Germany ($73,870 per ton), while the price for the Netherlands ($29,483 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $18,097 per ton in 2022, which is down by -34% against the previous year. Overall, the export price faced a sharp decrease. The growth pace was the most rapid in 2021 when the average export price decreased by -25.4% against the previous year. Over the period under review, the average export prices attained the maximum at $57,981 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($49,333 per ton), while the average price for exports to Germany ($9,183 per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-21.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of vitamins; vitamin B2 and its derivatives, unmixeds into Bulgaria soared to 2.8 tons, picking up by 40% against the year before. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds expanded notably to $104K in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands78.655.777.867.0-5.2%
China2.6N/A6.212.468.3%
Germany11.010.72.08.5-8.2%
Austria1.7N/A6.47.161.0%
Spain3.43.12.02.9-5.2%
United KingdomN/A4.9N/A0.2-79.8%
Greece2.22.0N/AN/A-9.1%
Others2.91.73.85.624.5%
Total10278.298.11040.6%

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

  1. Netherlands (2272.0 kg)
  2. China (216.0 kg)
  3. Austria (120.0 kg)
  4. Germany (115.0 kg)
  5. Spain (40.0 kg)
  6. United Kingdom (3.0 kg)

Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Bulgaria

In 2022, approx. 1 tons of vitamins; vitamin B2 and its derivatives, unmixeds were exported from Bulgaria; picking up by 115% against the previous year's figure. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 679% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds surged to $18K in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 394%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.45.710.712.874.7%
GermanyN/AN/A1.13.5218.2%
GeorgiaN/AN/A1.01.990.0%
DenmarkN/A9.2N/AN/A0%
Others0.7N/AN/AN/A0%
Total3.014.912.818.282.4%

Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Bulgaria in 2022:

  1. Netherlands (588.0 kg)
  2. Germany (378.0 kg)
  3. Georgia (39.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 235

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 369

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 1435

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 853

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 235

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 369

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 1435

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 853

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 - Bulgaria