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

Contents:

  1. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Saudi Arabia (FOB) - 2022
  2. Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Saudi Arabia

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

In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $4,803 per ton, declining by -16.6% against the previous year. In general, the export price continues to indicate a sharp reduction. Over the period under review, the average export prices hit record highs at $16,779 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2020 to 2022, the rate of growth in terms of prices for Oman amounted to 0.0% per year.

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

In 2022, exports of vitamins; vitamin b2 and its derivatives, unmixeds from Saudi Arabia expanded rapidly to 356 kg, growing by 9.5% on 2021 figures. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 166%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds reduced to $1.7K in 2022. In general, exports, however, showed a drastic downturn. The smallest decline of -8.6% was in 2020.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Saudi Arabia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
OmanN/AN/A1.70%
Egypt41.8N/AN/A0%
Others-39.71.9N/A-104.8%
Total2.01.91.7-7.8%

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

  1. Oman (356.0 kg)

Source: IndexBox Market Intelligence Platform

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