Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany - 2023

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany (FOB) - 2023
  2. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany (CIF) - 2023
  3. Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany
  4. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany (FOB) - 2023

The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $53,425 per ton in December 2023, falling by -2.4% against the previous month. In general, the export price, however, posted a tangible expansion. The pace of growth was the most pronounced in July 2023 when the average export price increased by 165% m-o-m. The export price peaked at $58,075 per ton in May 2023; however, from June 2023 to December 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($66,948 per ton), while the average price for exports to Belgium ($15,182 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany (CIF) - 2023

In December 2023, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $35,158 per ton, surging by 48% against the previous month. In general, the import price saw pronounced growth. The most prominent rate of growth was recorded in September 2023 an increase of 88% month-to-month. As a result, import price attained the peak level of $47,729 per ton. From October 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($56,839 per ton), while the price for Austria ($22,700 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany

After three years of growth, shipments abroad of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -24.2% to 807 tons in 2022. Overall, exports continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2020 when exports increased by 15%.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds reduced remarkably to $30M in 2022. Over the period under review, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 34% against the previous year.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands20.330.735.324.36.2%
Italy0.50.50.70.50.0%
Spain0.50.50.50.50.0%
Russia0.80.40.80.4-20.6%
PortugalN/AN/A0.10.3200.0%
Denmark0.50.30.30.3-15.7%
France0.50.50.50.3-15.7%
Belgium0.20.30.70.314.5%
Austria0.71.00.80.2-34.1%
Others3.22.02.52.5-7.9%
Total27.136.342.129.73.1%

Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Germany in 2022:

  1. Netherlands (614.0 tons)
  2. Spain (18.5 tons)
  3. Italy (18.1 tons)
  4. Russia (17.7 tons)
  5. Belgium (15.4 tons)
  6. Denmark (14.6 tons)
  7. Portugal (13.0 tons)
  8. France (10.5 tons)
  9. Austria (5.0 tons)

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany

In 2022, after three years of growth, there was significant decline in overseas purchases of vitamins; vitamin B6 and its derivatives, unmixeds, when their volume decreased by -18.4% to 540 tons. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 16%.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds contracted to $14M in 2022. In general, imports, however, recorded slight growth. The growth pace was the most rapid in 2020 with an increase of 8.9%.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.49.09.58.5-6.5%
Netherlands1.83.42.83.221.1%
SpainN/A0.51.10.826.5%
Denmark0.10.80.60.681.7%
Others0.70.60.60.5-10.6%
Total13.114.314.613.51.0%

Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Germany in 2022:

  1. China (399.3 tons)
  2. Netherlands (79.9 tons)
  3. Denmark (29.0 tons)
  4. Spain (18.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin B6 and its derivatives, unmixed - Germany