Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy - 2023
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy (CIF) - 2023
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy (CIF) - 2023
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $21,849 per ton in November 2023, picking up by 11% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 154% month-to-month. Over the period under review, average import prices attained the peak figure at $34,789 per ton in August 2023; however, from September 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($111K per ton), while the price for Germany ($18,206 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 Spain (+4.4%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy (FOB) - 2022
The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $63,236 per ton in 2022, rising by 56% against the previous year. Overall, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 115% against the previous year. As a result, the export price attained the peak level of $80,343 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
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 Morocco ($336,030 per ton), while the average price for exports to Belgium ($18,000 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 Indonesia (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy
In 2022, overseas purchases of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -36.5% to 107 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. As a result, imports attained the peak of 171 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds shrank notably to $2.6M in 2022. Overall, imports recorded a sharp contraction. The smallest decline of -2.3% was in 2021.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,141 | 973 | 1,357 | 1,106 | -1.0% |
| Netherlands | 3,069 | 2,220 | 1,937 | 957 | -32.2% |
| India | 256 | 276 | 258 | 248 | -1.1% |
| Spain | 292 | 262 | 142 | 169 | -16.7% |
| France | 314 | 140 | 78.8 | 43.4 | -48.3% |
| Belgium | 24.5 | 28.1 | 45.3 | 39.6 | 17.4% |
| Others | 145 | 63.1 | 52.6 | 41.5 | -34.1% |
| Total | 5,242 | 3,962 | 3,871 | 2,605 | -20.8% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Italy in 2022:
- Germany (54.7 tons)
- Netherlands (40.3 tons)
- Spain (3.9 tons)
- India (3.0 tons)
- France (2.8 tons)
- Belgium (2.2 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy
Exports of vitamins; vitamin B2 and its derivatives, unmixeds from Italy declined sharply to 2.7 tons in 2022, waning by -43.1% on 2021 figures. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 164% against the previous year. As a result, the exports reached the peak of 4.8 tons, and then dropped dramatically in the following year.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds contracted to $171K in 2022. In general, exports showed a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 78% against the previous year.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 7.3 | 40.0 | 80.7 | 55.8 | 97.0% |
| Iran | 203 | N/A | 14.8 | 25.0 | -50.2% |
| Kuwait | N/A | N/A | N/A | 22.6 | 0% |
| United Kingdom | 1.1 | 0.8 | N/A | 20.4 | 164.7% |
| Poland | N/A | 0.3 | 1.9 | 9.7 | 468.6% |
| Algeria | N/A | N/A | N/A | 5.2 | 0% |
| Spain | 12.1 | N/A | 18.8 | 4.1 | -30.3% |
| Belgium | 1.5 | 23.1 | 40.2 | 0.3 | -41.5% |
| Syrian Arab Republic | 12.8 | N/A | N/A | N/A | 0% |
| Turkey | 10.0 | 1.7 | 10.9 | N/A | 4.4% |
| Others | 50.7 | 42.6 | 25.6 | 28.5 | -17.5% |
| Total | 299 | 109 | 193 | 171 | -17.0% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Italy in 2022:
- Iran (1162.0 kg)
- Poland (503.0 kg)
- Algeria (249.0 kg)
- Morocco (166.0 kg)
- United Kingdom (159.0 kg)
- Kuwait (133.0 kg)
- Spain (86.0 kg)
- Belgium (17.0 kg)
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This report provides an in-depth analysis of the vitamin market in Italy.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in Italy.
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This report provides an in-depth analysis of the global vitamin market.
287
From June 2023 to August 2023, the import of Vitamin failed to regain momentum. In terms of value, Vitamin imports increased significantly to $15M in August 2023.
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.
367
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.
1435
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...
853
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...
287
From June 2023 to August 2023, the import of Vitamin failed to regain momentum. In terms of value, Vitamin imports increased significantly to $15M in August 2023.
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.
367
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.
1435
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...
853
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...
