Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain - 2023
Contents:
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain (CIF) - 2023
- Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain (FOB) - 2022
- Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain
- Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain (CIF) - 2023
In December 2023, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $27,177 per ton, picking up by 24% against the previous month. In general, the import price continues to indicate a measured increase. The pace of growth was the most pronounced in September 2023 an increase of 197% m-o-m. As a result, import price attained the peak level of $87,743 per ton. From October 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($67,614 per ton), while the price for France ($18,326 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 (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain (FOB) - 2022
The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $27,057 per ton in 2022, growing by 9.2% against the previous year. Over the period under review, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 24%. Over the period under review, the average export prices hit record highs at $45,237 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($157,000 per ton), while the average price for exports to Russia ($16,588 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 Belgium (+28.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain
In 2022, the amount of vitamins; vitamin B6 and its derivatives, unmixeds imported into Spain shrank sharply to 168 tons, which is down by -26.9% compared with 2021. Over the period under review, imports saw a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of 229 tons, and then declined dramatically in the following year.
In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds fell to $4.7M in 2022. Overall, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 when imports increased by 13%. As a result, imports attained the peak of $5.3M, and then fell in the following year.
| Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,145 | 1,625 | 2,194 | 1,917 | -15.2% |
| Netherlands | 291 | 2,141 | 1,837 | 1,454 | 71.0% |
| Germany | 1,197 | 586 | 491 | 901 | -9.0% |
| France | 116 | 176 | 262 | 116 | 0.0% |
| Belgium | 196 | 60.9 | 209 | 13.3 | -59.2% |
| Others | 83.5 | 147 | 343 | 292 | 51.8% |
| Total | 5,028 | 4,737 | 5,337 | 4,693 | -2.3% |
Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Spain in 2022:
- China (79.5 tons)
- Netherlands (50.1 tons)
- Germany (27.3 tons)
- France (6.4 tons)
- Belgium (0.6 tons)
Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain
In 2022, approx. 66 tons of vitamins; vitamin B6 and its derivatives, unmixeds were exported from Spain; which is down by -34.4% on the previous year's figure. Over the period under review, exports showed a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by 58% against the previous year. As a result, the exports attained the peak of 100 tons, and then plummeted in the following year.
In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds reduced rapidly to $1.8M in 2022. Overall, exports saw a noticeable contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of $2.5M, and then contracted sharply in the following year.
| Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 616 | 743 | 1,066 | 740 | 6.3% |
| Poland | 85.5 | 5.6 | 91.2 | 184 | 29.1% |
| Italy | 211 | 179 | 223 | 155 | -9.8% |
| Portugal | 302 | 208 | 299 | 125 | -25.5% |
| Russia | N/A | N/A | 300 | 116 | -61.3% |
| Turkey | 66.5 | 98.4 | 54.8 | 95.1 | 12.7% |
| Morocco | 56.3 | 107 | 63.5 | 46.8 | -6.0% |
| United Kingdom | 332 | 155 | 85.2 | 36.6 | -52.1% |
| Colombia | 15.9 | 18.0 | 47.7 | 19.3 | 6.7% |
| Netherlands | 73.3 | 32.5 | 67.1 | 2.0 | -69.9% |
| Others | 296 | 206 | 183 | 259 | -4.4% |
| Total | 2,054 | 1,752 | 2,481 | 1,778 | -4.7% |
Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Spain in 2022:
- Germany (18.1 tons)
- Poland (9.5 tons)
- Italy (8.1 tons)
- Russia (7.0 tons)
- Portugal (5.8 tons)
- Turkey (4.7 tons)
- Morocco (2.3 tons)
- United Kingdom (2.0 tons)
- Colombia (1.0 tons)
- Netherlands (0.1 tons)
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This report provides an in-depth analysis of the vitamin market in Spain.
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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 Spain.
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This report provides an in-depth analysis of the global vitamin market.
235
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.
369
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.
1435
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...
853
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...
235
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.
369
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.
1435
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...
853
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...
