Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in New Zealand - 2024

Contents:

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

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $35,415 per ton in 2022, surging by 23% against the previous year. Overall, the import price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2014 an increase of 66% against the previous year. Over the period under review, average import prices attained the peak figure at $42,531 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($35,443 per ton) and Germany ($35,417 per ton), while the price for Greece ($35,385 per ton) and Australia ($35,408 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $23,299 per ton, dropping by -13.1% against the previous year. In general, the export price, however, posted a temperate expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 75% against the previous year. Over the period under review, the average export prices reached the peak figure at $56,279 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to +17.2% per year.

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

In 2022, approx. 16 tons of vitamins; vitamin B2 and its derivatives, unmixeds were imported into New Zealand; growing by 16% compared with the previous year's figure. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 83%. As a result, imports reached the peak of 19 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds soared to $564K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 50%. As a result, imports attained the peak of $585K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China98.146.563.419325.3%
Germany12119524.31466.5%
South Korea81.623895.313618.6%
Australia16.912.414.541.134.5%
Netherlands15.410.12.320.710.4%
GreeceN/AN/AN/A17.60%
Singapore11.924.528.4N/A54.5%
Others45.958.91649.5-40.8%
Total39158539356413.0%

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

  1. China (5.4 tons)
  2. Germany (4.1 tons)
  3. South Korea (3.8 tons)
  4. Australia (1.2 tons)
  5. Netherlands (0.6 tons)
  6. Greece (0.5 tons)

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

In 2022, overseas shipments of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -1.7% to 117 kg, falling for the second year in a row after two years of growth. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 315%. As a result, the exports reached the peak of 170 kg. 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 declined to $2.7K in 2022. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 288%. As a result, the exports attained the peak of $7.8K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia0.94.80.52.744.2%
Fiji0.92.10.3N/A-42.3%
China0.20.6N/AN/A200.0%
SingaporeN/A0.30.5N/A66.7%
OthersN/AN/A1.9N/A0%
Total2.07.83.22.710.5%

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

  1. Australia (117.0 kg)

Source: IndexBox Market Intelligence Platform

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