Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy - 2023
Contents:
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy (CIF) - 2023
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy (FOB) - 2022
- Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy
- Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy (CIF) - 2023
The average import price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $22,178 per ton in December 2023, reducing by -4.8% against the previous month. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in May 2023 an increase of 57% month-to-month. The import price peaked at $41,566 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the Netherlands ($28,545 per ton), while the price for Belgium ($15,322 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 China (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy (FOB) - 2022
The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $99,947 per ton in 2022, which is down by -12.8% against the previous year. In general, the export price, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2014 an increase of 119% against the previous year. Over the period under review, the average export prices hit record highs at $178,742 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($739,210 per ton), while the average price for exports to Syrian Arab Republic ($23,075 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy
In 2022, approx. 172 tons of vitamins; vitamin B6 and its derivatives, unmixeds were imported into Italy; picking up by 26% compared with 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds soared to $5.1M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2,155 | 1,808 | 1,593 | 3,923 | 22.1% |
| Germany | 393 | 702 | 645 | 451 | 4.7% |
| China | 239 | 211 | 233 | 231 | -1.1% |
| Poland | N/A | N/A | N/A | 169 | 0% |
| Spain | 215 | 180 | 203 | 165 | -8.4% |
| France | 227 | 218 | 111 | 63.6 | -34.6% |
| Others | 89.5 | 43.8 | 15.1 | 69.8 | -8.0% |
| Total | 3,319 | 3,163 | 2,800 | 5,072 | 15.2% |
Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Italy in 2022:
- Netherlands (113.2 tons)
- Germany (30.9 tons)
- Spain (8.4 tons)
- China (8.1 tons)
- Poland (5.3 tons)
- France (4.2 tons)
Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy
For the fourth year in a row, Italy recorded growth in overseas shipments of vitamins; vitamin B6 and its derivatives, unmixeds, which increased by 7.7% to 14 tons in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 32%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds dropped to $1.4M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports attained the peak of $1.4M, and then reduced in the following year.
| Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 34.1 | N/A | 334 | 213.0% |
| South Korea | 94.5 | 190 | 170 | 317 | 49.7% |
| Netherlands | 259 | 356 | 573 | 241 | -2.4% |
| Spain | 49.8 | 20.1 | 117 | 84.7 | 19.4% |
| Singapore | 467 | N/A | 359 | 76.2 | -45.4% |
| Syrian Arab Republic | 15.7 | 9.3 | 19.0 | 64.1 | 59.8% |
| Brazil | 205 | 160 | N/A | 62.2 | -32.8% |
| United States | 20.0 | 173 | 50.0 | 58.9 | 43.3% |
| Iran | 62.2 | N/A | 11.8 | 23.2 | -28.0% |
| Dominican Republic | 5.3 | 4.3 | N/A | 22.9 | 62.9% |
| Paraguay | N/A | N/A | N/A | 12.3 | 0% |
| Tunisia | 23.8 | 16.0 | 16.2 | 8.0 | -30.5% |
| Belgium | 5.8 | 4.1 | 49.1 | 4.5 | -8.1% |
| Others | 137 | 93.8 | 83.6 | 52.8 | -27.2% |
| Total | 1,346 | 1,061 | 1,449 | 1,361 | 0.4% |
Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Italy in 2022:
- Canada (4255.0 kg)
- Syrian Arab Republic (2780.0 kg)
- Netherlands (2003.0 kg)
- Iran (954.0 kg)
- Spain (818.0 kg)
- Brazil (572.0 kg)
- South Korea (429.0 kg)
- Paraguay (286.0 kg)
- Dominican Republic (286.0 kg)
- United States (229.0 kg)
- Belgium (172.0 kg)
- Singapore (167.0 kg)
- Tunisia (153.0 kg)
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This report provides an in-depth analysis of the vitamin market in Italy.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in Italy.
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This report provides an in-depth analysis of the global vitamin market.
291
From June 2023 to August 2023, the import of Vitamin failed to regain momentum. In terms of value, Vitamin imports increased significantly to $15M in August 2023.
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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.
371
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.
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In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
856
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
291
From June 2023 to August 2023, the import of Vitamin failed to regain momentum. In terms of value, Vitamin imports increased significantly to $15M in August 2023.
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.
371
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.
1438
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
856
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
