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

Contents:

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

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the Netherlands (FOB) - 2023

In November 2023, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $22,450 per ton, surging by 12% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 45% against the previous month. Over the period under review, the average export prices attained the maximum at $28,213 per ton in January 2023; however, from February 2023 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was India ($53,841 per ton), while the average price for exports to China ($9,485 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In November 2023, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $28,991 per ton, declining by -18.6% against the previous month. Over the period under review, import price indicated a pronounced increase from November 2022 to November 2023: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for vitamins; vitamin B2 and its derivatives, unmixeds decreased by -18.6% against October 2023 indices. The pace of growth was the most pronounced in January 2023 when the average import price increased by 20% m-o-m. The import price peaked at $35,597 per ton in October 2023, and then dropped sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was France ($44,624 per ton), while the price for Germany stood at $28,287 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.9%).

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

In 2022, overseas shipments of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -6.3% to 3.4K tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 2,846% against the previous year. As a result, the exports attained the peak of 3.7K tons. 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 rapidly to $74M in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,049%. As a result, the exports reached the peak of $93M. 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 the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A14.711.6-21.1%
SingaporeN/A5.54.84.5-9.5%
JapanN/A3.43.04.413.8%
France0.14.04.74.3250.3%
ChinaN/A9.89.73.7-38.6%
South KoreaN/A2.63.13.414.4%
Poland0.42.23.13.197.9%
IndiaN/A5.18.03.0-23.3%
Belgium0.5N/A3.22.775.4%
BrazilN/A6.62.72.4-39.7%
MexicoN/A2.11.92.0-2.4%
Spain0.2N/A2.82.0115.4%
ThailandN/A2.42.01.3-26.4%
Others3.049.228.125.3103.5%
Total4.393.291.873.7157.8%

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

  1. United States (750.9 tons)
  2. China (253.7 tons)
  3. Brazil (193.7 tons)
  4. France (181.4 tons)
  5. Belgium (161.4 tons)
  6. Singapore (155.3 tons)
  7. Japan (126.9 tons)
  8. Mexico (110.3 tons)
  9. Poland (100.9 tons)
  10. Thailand (98.9 tons)
  11. South Korea (95.5 tons)
  12. India (93.4 tons)
  13. Spain (82.6 tons)

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

In 2022, after three years of growth, there was decline in supplies from abroad of vitamins; vitamin B2 and its derivatives, unmixeds, when their volume decreased by -2.2% to 4.1K tons. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 2,090% against the previous year.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds fell to $68M in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,175%.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.848.060.056.5313.4%
France0.55.48.96.7137.5%
China1.82.43.12.815.9%
Others1.63.93.42.07.7%
Total4.759.775.468.0143.7%

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

  1. Germany (3.7K tons)
  2. France (0.3K tons)
  3. China (0.1K tons)

Source: IndexBox Market Intelligence Platform

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The World's Best Import Markets for Vitamins
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Eye 237

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.

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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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
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Free Data: Vitamins; vitamin B2 and its derivatives, unmixed - Netherlands