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

Contents:

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

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $128,153 per ton in 2022, surging by 21% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2016 an increase of 63% against the previous year. The import price peaked at $129,919 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 Germany ($178,248 per ton), while the price for the Netherlands ($22,490 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $116,823 per ton, shrinking by -12.6% against the previous year. In general, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices reached the peak figure at $306,967 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($190,600 per ton), while the average price for exports to the UK ($52,295 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 Sweden (+21.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of vitamins; vitamin B2 and its derivatives, unmixeds was finally on the rise to reach 8.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep setback.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds surged to $1.1M in 2022. In general, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7058193819048.6%
China10424.845.872.3-11.4%
United Kingdom20492.358.756.7-34.7%
Netherlands9.529.330.725.839.5%
IndiaN/A47.731.114.3-45.2%
Others17.27.337.318.01.5%
Total1,0391,0205851,0911.6%

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

  1. Germany (5.1 tons)
  2. China (1.2 tons)
  3. Netherlands (1.1 tons)
  4. United Kingdom (0.8 tons)
  5. India (0.1 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of vitamins; vitamin B2 and its derivatives, unmixeds, when their volume increased by 7.1% to 4 tons. In general, exports, however, saw a dramatic setback.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds contracted to $463K in 2022. Over the period under review, exports, however, recorded a sharp downturn.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy18716875.735724.1%
Czech Republic46.735.79.859.98.7%
United Kingdom54932.642.617.0-68.6%
Slovenia2.111.06.211.274.7%
Poland9.613.912.710.01.4%
Spain96.495.194.05.7-61.0%
Belgium64.587.555.1N/A-7.6%
Germany1111214.3N/A-80.3%
Sweden24018549.0N/A-54.8%
France75.292.061.6N/A-9.5%
Greece47.556.031.4N/A-18.7%
Others20017551.81.6-80.0%
Total1,6291,072494463-34.3%

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

  1. Italy (2928.0 kg)
  2. Czech Republic (490.0 kg)
  3. United Kingdom (325.0 kg)
  4. Slovenia (108.0 kg)
  5. Poland (64.0 kg)
  6. Spain (30.0 kg)

Source: IndexBox Market Intelligence Platform

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