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

Contents:

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

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $21,142 per ton in 2022, shrinking by -5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the maximum at $28,432 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($141,040 per ton), while the price for China ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $21,728 per ton in 2022, jumping by 15% against the previous year. Overall, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 49%. Over the period under review, the average export prices reached the maximum at $31,365 per ton in 2019; however, from 2020 to 2022, the export prices remained at a 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 Germany ($61,560 per ton), while the average price for exports to Sweden ($17,925 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 Iceland (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 80 tons of vitamins; vitamin B2 and its derivatives, unmixeds were imported into Denmark; picking up by 30% on 2021. Overall, imports, however, recorded a noticeable contraction.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds soared to $1.7M in 2022. Over the period under review, imports, however, saw a drastic downturn.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,3991,4931,1291,246-3.8%
Netherlands952102152227-38.0%
Poland34.370.656.218575.4%
Others0.65.625.723.2238.2%
Total2,3871,6711,3621,682-11.0%

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

  1. Germany (74.9 tons)
  2. Netherlands (3.0 tons)
  3. Poland (1.3 tons)

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

After three years of growth, overseas shipments of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -41.9% to 13 tons in 2022. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds shrank remarkably to $277K in 2022. Over the period under review, exports saw a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 2.5% against the previous year.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway30818523294.5-32.6%
Latvia16192.297.064.6-26.2%
Sweden10861.355.849.1-23.1%
United StatesN/AN/AN/A47.90%
IcelandN/AN/A8.67.4-14.0%
Germany3.039.0N/A3.11.1%
Others7.426.820.310.813.4%
Total588404414277-22.2%

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

  1. Norway (5.2 tons)
  2. Latvia (3.4 tons)
  3. Sweden (2.7 tons)
  4. United States (1.1 tons)
  5. Iceland (0.3 tons)
  6. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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