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

Contents:

  1. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in France (FOB) - 2022
  2. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in France (CIF) - 2023
  3. Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in France
  4. Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in France

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

The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $34,051 per ton in 2022, growing by 20% against the previous year. Over the last one years, it increased at an average annual rate of +19.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($130,287 per ton), while the average price for exports to Mexico ($6,239 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+86.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in France (CIF) - 2023

In November 2023, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $21,783 per ton, with a decrease of -3.1% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 50% against the previous month. Over the period under review, average import prices hit record highs at $26,694 per ton in February 2023; however, from March 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($71,218 per ton), while the price for Germany ($14,611 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 386 tons of vitamins; vitamin B2 and its derivatives, unmixeds were exported from France; dropping by -15.1% on 2021. Overall, exports showed a abrupt downturn.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds rose to $13M in 2022. The total export value increased at an average annual rate of +1.5% from 2021 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in France (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Switzerland3,3034,09624.0%
Japan8651,36758.0%
Indonesia1,250967-22.6%
Singapore909732-19.5%
Philippines190516171.6%
Spain476331-30.5%
Netherlands56.0205266.1%
Germany403205-49.1%
United States509195-61.7%
South Africa71.0148108.5%
Vietnam11314831.0%
Pakistan42.757.534.7%
MexicoN/A39.50%
Others4,7434,120-13.1%
Total12,93013,1271.5%

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

  1. Switzerland (86.2 tons)
  2. Spain (48.4 tons)
  3. Singapore (32.3 tons)
  4. Netherlands (26.5 tons)
  5. Philippines (22.7 tons)
  6. Vietnam (11.8 tons)
  7. Japan (10.5 tons)
  8. Indonesia (9.6 tons)
  9. Germany (9.1 tons)
  10. United States (7.7 tons)
  11. Mexico (6.3 tons)
  12. South Africa (6.1 tons)
  13. Pakistan (5.3 tons)

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

In 2022, purchases abroad of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -7.7% to 585 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports reached the peak of 670 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds contracted modestly to $11M in 2022. Overall, imports recorded a abrupt shrinkage. The smallest decline of -1.2% was in 2021.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.36.96.45.2-24.9%
Netherlands0.54.44.85.0115.4%
Others2.50.60.61.1-23.9%
Total15.211.911.811.3-9.4%

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

  1. Germany (362.1 tons)
  2. Netherlands (207.5 tons)

Source: IndexBox Market Intelligence Platform

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