Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany (CIF) - 2023
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany (CIF) - 2023
In December 2023, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $2,716 per ton, waning by -8.9% against the previous month. Overall, the import price saw a perceptible descent. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 35% against the previous month. The import price peaked at $4,562 per ton in August 2023; however, from September 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Denmark ($3,531 per ton), while the price for China ($2,063 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 (-2.9%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany (FOB) - 2022
The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $5,786 per ton in 2022, falling by -9.9% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices attained the maximum at $8,460 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 the Netherlands ($8,910 per ton), while the average price for exports to Norway ($4,648 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 Norway (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany
In 2022, approx. 28K tons of vitamins; vitamin c and its derivatives, unmixeds were imported into Germany; with an increase of 45% on 2021. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +68.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds surged to $132M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.8 | 38.2 | 68.7 | 101 | 22.6% |
| Netherlands | 2.0 | 12.1 | 14.1 | 13.2 | 87.6% |
| Denmark | 1.4 | 2.3 | 2.5 | 3.3 | 33.1% |
| Poland | 0.2 | 1.8 | 4.7 | 0.9 | 65.1% |
| United Kingdom | 9.0 | 4.4 | 0.2 | 0.1 | -77.7% |
| Others | 15.0 | 13.7 | 17.1 | 13.6 | -3.2% |
| Total | 82.3 | 72.4 | 107 | 132 | 17.1% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Germany in 2022:
- China (24.6K tons)
- Netherlands (2.0K tons)
- Denmark (0.6K tons)
- Poland (0.2K tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany
For the fourth year in a row, Germany recorded growth in shipments abroad of vitamins; vitamin c and its derivatives, unmixeds, which increased by 26% to 15K tons in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.7% 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 +75.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 33%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds rose rapidly to $86M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 35% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.0 | 3.6 | 6.2 | 9.6 | 33.9% |
| Netherlands | 8.9 | 7.5 | 9.6 | 8.7 | -0.8% |
| Poland | 2.9 | 5.1 | 7.4 | 8.3 | 42.0% |
| Italy | 2.4 | 2.3 | 5.3 | 7.3 | 44.9% |
| Spain | 1.5 | 2.1 | 6.2 | 7.0 | 67.1% |
| Ireland | 3.6 | 1.7 | 1.5 | 5.5 | 15.2% |
| Belgium | 0.9 | 2.6 | 3.8 | 5.4 | 81.7% |
| Austria | 3.8 | 2.8 | 4.0 | 4.0 | 1.7% |
| Hungary | 1.7 | 2.2 | 2.7 | 2.4 | 12.2% |
| Denmark | 1.3 | 1.4 | 2.2 | 2.2 | 19.2% |
| United Kingdom | 1.9 | 3.8 | 2.6 | 2.1 | 3.4% |
| Slovakia | 0.9 | 0.8 | 1.1 | 1.6 | 21.1% |
| Norway | 0.3 | 0.2 | 0.7 | 1.1 | 54.2% |
| Others | 16.9 | 19.9 | 22.4 | 20.8 | 7.2% |
| Total | 51.0 | 56.0 | 75.7 | 86.1 | 19.1% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Germany in 2022:
- France (1.6K tons)
- Italy (1.5K tons)
- Poland (1.5K tons)
- Spain (1.5K tons)
- Ireland (1.1K tons)
- Belgium (1.1K tons)
- Netherlands (1.0K tons)
- Austria (0.8K tons)
- Denmark (0.5K tons)
- Hungary (0.5K tons)
- United Kingdom (0.4K tons)
- Slovakia (0.3K tons)
- Norway (0.2K tons)
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This report provides an in-depth analysis of the vitamin market in Germany.
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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 Germany.
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This report provides an in-depth analysis of the global vitamin market.
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In Dec 2022 the price of vitamins was $12.6 per kg (CIF, Germany), a decrease of 5.6% from the previous month
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...
229
In Dec 2022 the price of vitamins was $12.6 per kg (CIF, Germany), a decrease of 5.6% from the previous month
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...
