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

Contents:

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

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $57,317 per ton in November 2023, declining by -17.8% against the previous month. In general, the import price saw a mild decline. The pace of growth was the most pronounced in April 2023 an increase of 270% month-to-month. As a result, import price attained the peak level of $90,849 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($178K per ton), while the price for Germany ($12,413 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 China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $409,276 per ton in 2022, declining by -21% against the previous year. In general, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 41%. As a result, the export price reached the peak level of $2,207 per kg. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($410,650 per ton), while the average price for exports to Taiwan (Chinese) stood at $381,800 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.1%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, purchases abroad of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -3.2% to 225 tons in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 2.7% against the previous year.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds rose significantly to $12M in 2022. Over the period under review, imports continue to indicate a abrupt decline.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.13.72.63.9-1.7%
South Korea5.33.84.53.3-14.6%
France2.41.01.62.74.0%
Germany3.33.02.52.3-11.3%
Singapore0.10.10.10.10.0%
OthersN/AN/AN/AN/A0%
Total15.211.611.312.3-6.8%

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

  1. South Korea (102.0 tons)
  2. Germany (69.5 tons)
  3. China (39.3 tons)
  4. France (8.4 tons)
  5. Singapore (5.7 tons)

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

In 2022, overseas shipments of vitamins; vitamin B2 and its derivatives, unmixeds were finally on the rise to reach 105 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt setback.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds skyrocketed to $43K in 2022. Over the period under review, exports, however, showed a sharp slump.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China44.948.326.541.1-2.9%
Taiwan (Chinese)N/A2.02.01.9-2.5%
South Korea284115N/AN/A-59.5%
HungaryN/A5.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total32917028.543.0-49.3%

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

  1. China (100.0 kg)
  2. Taiwan (Chinese) (5.0 kg)

Source: IndexBox Market Intelligence Platform

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