Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary (CIF) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $23,010 per ton, increasing by 9.8% against the previous year. Over the period under review, the import price showed mild growth. The growth pace was the most rapid in 2018 an increase of 73%. As a result, import price attained the peak level of $49,740 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 Germany ($31,671 per ton), while the price for Belgium ($14,339 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 (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary (FOB) - 2022
The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $70,370 per ton in 2022, picking up by 4.8% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2013 an increase of 129% against the previous year. Over the period under review, the average export prices attained the maximum at $78,659 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($243,600 per ton), while the average price for exports to Romania ($33,568 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 Serbia (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary
In 2022, the amount of vitamins; vitamin B2 and its derivatives, unmixeds imported into Hungary rose rapidly to 50 tons, picking up by 5.5% against the year before. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 11% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds skyrocketed to $1.2M in 2022. In general, imports, however, showed a deep reduction.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 833 | 567 | 387 | 571 | -11.8% |
| Germany | 261 | 440 | 502 | 441 | 19.1% |
| Belgium | 214 | 86.1 | 40.8 | 36.6 | -44.5% |
| France | 118 | 19.2 | 0.2 | 33.2 | -34.5% |
| Others | 83.9 | 30.1 | 66.7 | 71.9 | -5.0% |
| Total | 1,511 | 1,142 | 996 | 1,154 | -8.6% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Hungary in 2022:
- Netherlands (31.1 tons)
- Germany (13.9 tons)
- Belgium (2.6 tons)
- France (2.0 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary
In 2022, overseas shipments of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -14.6% to 2.1 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 473%. As a result, the exports attained the peak of 2.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds contracted to $149K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 921%. As a result, the exports reached the peak of $219K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 2.5 | 130 | 152 | 129 | 272.3% |
| Romania | 4.5 | 7.5 | 8.3 | 11.6 | 37.1% |
| Germany | 6.1 | 75.6 | N/A | 5.9 | -1.1% |
| Croatia | 7.2 | 4.9 | 3.7 | 2.4 | -30.7% |
| Others | 1.0 | 0.2 | 2.3 | 0.7 | -11.2% |
| Total | 21.4 | 219 | 167 | 149 | 91.0% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Hungary in 2022:
- Serbia (1730.0 kg)
- Romania (345.0 kg)
- Germany (31.0 kg)
- Croatia (10.0 kg)
552
This report provides an in-depth analysis of the vitamin market in Hungary.
2741
This report provides an in-depth analysis of the global vitamin market.
552
This report provides an in-depth analysis of the vitamin market in Hungary.
2741
This report provides an in-depth analysis of the global vitamin market.
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.
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.
1437
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...
854
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...
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.
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.
1437
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...
854
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...
