Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Indonesia - 2022

Contents:

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

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $47,965 per ton in March 2022, with an increase of 173% against the previous month. Over the period under review, the import price saw a temperate increase. Over the period under review, average import prices hit record highs at $69,529 per ton in April 2021; however, from May 2021 to March 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($247K per ton), while the price for China ($14,361 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $51,123 per ton, growing by 55% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. 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 Nigeria ($51,150 per ton), while the average price for exports to Singapore amounted to $11,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+231.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 295 tons of vitamins; vitamin B2 and its derivatives, unmixeds were imported into Indonesia; reducing by -16.4% on 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of 353 tons, and then reduced notably in the following year.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds declined markedly to $7.7M in 2022. Overall, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports reached the peak of $11M, and then fell notably in the following year.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.12.74.12.9-2.2%
France1.61.71.91.95.9%
Germany2.31.11.61.6-11.4%
South Korea0.61.10.81.018.6%
Others2.82.02.30.2-58.5%
Total10.58.710.77.7-9.8%

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

  1. China (139.6 tons)
  2. Germany (86.2 tons)
  3. South Korea (54.9 tons)
  4. France (7.7 tons)

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

In 2022, approx. 1.5 tons of vitamins; vitamin B2 and its derivatives, unmixeds were exported from Indonesia; with an increase of 18% against the previous year. Overall, exports posted buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 542%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds surged to $77K in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 476%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A76.70%
Philippines8.64.15.8N/A-17.9%
Singapore6.00.60.2N/A-81.7%
Saudi Arabia29.62.636.0N/A10.3%
OthersN/AN/AN/AN/A0%
Total44.17.342.076.720.3%

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

  1. Nigeria (1500.0 kg)
  2. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform

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