Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in the Czech Republic - 2023

Contents:

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

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

The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $7,705 per ton in 2022, declining by -12.9% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vitamins; vitamin c and its derivatives, unmixeds increased by +31.4% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 56% against the previous year. The import price peaked at $9,096 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 ($21,471 per ton), while the price for Austria ($3,832 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+37.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In December 2023, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $19,469 per ton, reducing by -36.9% against the previous month. Overall, the export price showed a perceptible shrinkage. The growth pace was the most rapid in July 2023 an increase of 109% month-to-month. As a result, the export price attained the peak level of $44,467 per ton. From August 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($51,245 per ton), while the average price for exports to Slovakia ($6,845 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 Poland (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the Czech Republic

In 2022, imports of vitamins; vitamin c and its derivatives, unmixeds into the Czech Republic rose significantly to 839 tons, increasing by 7.7% on the year before. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% 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 decreased by -4.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 64%. As a result, imports reached the peak of 879 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 declined to $6.5M in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 87%.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1897888532,311130.4%
Netherlands51.96191,8701,114177.9%
Poland97.39751,104895109.5%
Italy4.21,0781,117684446.1%
China1,473765918532-28.8%
Slovakia12233328625527.9%
PortugalN/A374217176-31.4%
Hungary1314301731566.0%
Denmark66.969.312114529.4%
Austria6.416.198.4140179.7%
Others99542113754.8-62.0%
Total3,1375,8676,8936,46427.3%

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

  1. Germany (319.2 tons)
  2. Netherlands (155.5 tons)
  3. Poland (118.6 tons)
  4. China (99.4 tons)
  5. Austria (36.5 tons)
  6. Hungary (27.9 tons)
  7. Denmark (26.2 tons)
  8. Portugal (18.0 tons)
  9. Slovakia (17.4 tons)
  10. Italy (14.6 tons)

Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in the Czech Republic

In 2022, approx. 120 tons of vitamins; vitamin c and its derivatives, unmixeds were exported from the Czech Republic; approximately reflecting 2021 figures. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 165% against the previous year. As a result, the exports reached the peak of 194 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds reduced to $2.7M in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 268%. As a result, the exports reached the peak of $4.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3442,7882,0451,67669.5%
Slovakia36650759682030.9%
Hungary81.021212071.3-4.2%
Germany22016968.242.4-42.2%
KuwaitN/AN/AN/A29.60%
Others111449156105-1.8%
Total1,1224,1252,9842,74534.7%

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

  1. Slovakia (65.2 tons)
  2. Poland (34.1 tons)
  3. Hungary (12.0 tons)
  4. Kuwait (3.4 tons)
  5. Germany (1.8 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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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. 

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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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