Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Italy - 2023

Contents:

  1. Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Italy (CIF) - 2023
  2. Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Italy (FOB) - 2022
  3. Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Italy
  4. Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Italy

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

The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $3,989 per ton in December 2023, with an increase of 6.8% against the previous month. Over the period under review, the import price, however, continues to indicate a slight curtailment. The pace of growth was the most pronounced in April 2023 when the average import price increased by 53% month-to-month. As a result, import price attained the peak level of $5,283 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($11,723 per ton), while the price for France ($788 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 Belgium (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $7,616 per ton in 2022, increasing by 14% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 47%. The export price peaked at $11,318 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($12,792 per ton), while the average price for exports to Germany ($3,906 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 Switzerland (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 6.1K tons of vitamins; vitamin c and its derivatives, unmixeds were imported into Italy; increasing by 13% on the year before. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat 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.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds fell slightly to $34M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. As a result, imports attained the peak of $34M, leveling off in the following year.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.37.610.011.78.0%
Germany2.92.15.77.235.4%
Netherlands4.45.06.05.89.6%
Slovenia2.32.52.42.1-3.0%
Spain0.60.71.21.226.0%
Belgium4.60.61.11.1-37.9%
France0.50.51.00.817.0%
Poland0.31.21.90.732.6%
Others3.63.74.42.9-7.0%
Total28.423.933.633.55.7%

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

  1. China (2639.7 tons)
  2. Germany (1404.3 tons)
  3. Netherlands (827.2 tons)
  4. Slovenia (414.8 tons)
  5. Belgium (180.3 tons)
  6. Spain (158.5 tons)
  7. France (110.7 tons)
  8. Poland (108.5 tons)

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

After three years of growth, overseas shipments of vitamins; vitamin c and its derivatives, unmixeds decreased by -48.8% to 272 tons in 2022. Overall, exports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 97%.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds declined dramatically to $2.1M in 2022. In general, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of $3.6M, and then contracted dramatically in the following year.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain68.840828233769.8%
Switzerland1624593961905.5%
Germany188432556151-7.0%
France94.679.11661115.5%
Malta17.74.876.682.166.8%
Poland38.215922565.719.8%
Portugal26.424.026.264.434.6%
Hungary93.686.696.562.8-12.5%
Netherlands34.516559.754.116.2%
TurkeyN/AN/AN/A47.20%
Austria38.930.747.645.85.6%
Denmark3.63.06.242.1127.0%
United Arab Emirates0.91.723.241.3258.0%
Others2,1231,1661,588778-28.4%
Total2,8903,0193,5502,073-10.5%

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

  1. Spain (57.2 tons)
  2. Germany (38.8 tons)
  3. France (26.2 tons)
  4. Switzerland (14.8 tons)
  5. Malta (13.1 tons)
  6. Hungary (11.9 tons)
  7. Portugal (10.9 tons)
  8. Austria (10.8 tons)
  9. Denmark (9.8 tons)
  10. Netherlands (9.5 tons)
  11. Poland (8.4 tons)
  12. United Arab Emirates (7.8 tons)
  13. Turkey (6.4 tons)
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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.

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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.

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 855

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...

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