Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus - 2022

Contents:

  1. Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus (CIF) - 2022
  2. Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus (FOB) - 2022
  3. Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus
  4. Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus

Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus (CIF) - 2022

In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $5,900 per ton, with a decrease of -11.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 70% against the previous year. The import price peaked at $7,790 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($21,383 per ton), while the price for Belgium ($3,385 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+11.8%), while the prices for the other major suppliers experienced a decline.

Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus (FOB) - 2022

The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $7,841 per ton in 2022, rising by 3.4% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 68%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($7,747 per ton), while the average price for exports to Latvia amounted to $6,669 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus

In 2022, supplies from abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -26.9% to 251 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 160%. As a result, imports reached the peak of 403 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds fell rapidly to $1.5M in 2022. Overall, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 78% against the previous year.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China392718425323-6.2%
Russia14540.81681787.1%
United Kingdom85.998.816417426.5%
Poland47.219958015047.0%
Lithuania17.944.966.254.244.7%
Belgium5.95.27.625.663.1%
Latvia23.324.319.718.9-6.7%
Others17645687156147.2%
Total8931,5872,3021,48318.4%

Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Belarus in 2022:

  1. China (62.1 tons)
  2. Russia (35.6 tons)
  3. Poland (29.6 tons)
  4. Lithuania (8.9 tons)
  5. United Kingdom (8.1 tons)
  6. Belgium (7.6 tons)
  7. Latvia (4.7 tons)

Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus

In 2022, exports of vitamins; vitamin c and its derivatives, unmixeds from Belarus expanded notably to 23 tons, growing by 5.9% against 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 298% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds expanded remarkably to $179K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 404%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5.841.8132146193.1%
Latvia5.725.521.323.760.8%
Others5.015.810.49.423.4%
Total16.583.1164179121.4%

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

  1. Russia (18.9 tons)
  2. Latvia (3.5 tons)
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