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

Contents:

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

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

The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $9,570 per ton in 2022, dropping by -11.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54% against the previous year. As a result, import price reached the peak level of $10,850 per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($37,735 per ton), while the price for Austria ($3,813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $12,791 per ton in December 2023, growing by 2.4% against the previous month. Over the period under review, export price indicated a strong expansion from December 2022 to December 2023: its price increased at an average monthly rate of +5.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for vitamins; vitamin c and its derivatives, unmixeds decreased by -21.1% against October 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 176% m-o-m. The export price peaked at $20,703 per ton in May 2023; however, from June 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Finland ($25,327 per ton), while the average price for exports to Norway ($9,504 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of vitamins; vitamin c and its derivatives, unmixeds into Sweden expanded to 454 tons, surging by 2.5% on the year before. The total import volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, imports reached the peak of 496 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds declined to $4.3M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 +36.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports reached the peak of $4.8M, and then dropped in the following year.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9519832,3201,63619.8%
China916662690903-0.5%
Germany20648872064646.4%
Netherlands19325748951238.4%
Denmark272177158207-8.7%
Austria3.70.74.658.9151.6%
Estonia41.225.457.939.6-1.3%
United Kingdom16546414.122.1-48.8%
Others434441349316-10.0%
Total3,1833,4984,8024,34010.9%

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

  1. China (168.6 tons)
  2. Germany (121.2 tons)
  3. Netherlands (53.6 tons)
  4. United States (43.4 tons)
  5. Denmark (27.2 tons)
  6. Austria (15.4 tons)
  7. Estonia (7.5 tons)
  8. United Kingdom (1.2 tons)

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

For the fourth consecutive year, Sweden recorded growth in shipments abroad of vitamins; vitamin c and its derivatives, unmixeds, which increased by 34% to 125 tons in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 47%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds fell sharply to $1.8M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 65% against the previous year. As a result, the exports reached the peak of $2.3M, and then shrank dramatically in the following year.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland12727725336041.5%
Netherlands42.920840633899.0%
Norway365155319335-2.8%
Germany13054990326927.4%
Denmark14211311724019.1%
IrelandN/AN/AN/A82.40%
Belgium28.356.713042.914.9%
Others8.410.5128102129.8%
Total8431,3702,2551,76928.0%

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

  1. Denmark (36.6 tons)
  2. Ireland (24.7 tons)
  3. Finland (22.9 tons)
  4. Norway (18.1 tons)
  5. Netherlands (9.4 tons)
  6. Germany (6.3 tons)
  7. Belgium (1.2 tons)
Store
Blog
Event
The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 249

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 383

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 1452

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 862

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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 249

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 383

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 1452

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 862

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...

Free Data: Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Sweden - 2023