Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Bulgaria - 2023

Contents:

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

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

In 2022, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $13,189 per ton, rising by 15% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The growth pace was the most rapid in 2017 an increase of 42%. The import price peaked at $23,316 per ton in 2012; however, from 2013 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 China ($19,480 per ton), while the price for the Czech Republic ($5,278 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $11,347 per ton, falling by -47.5% against the previous year. In general, the export price saw a sharp reduction. The growth pace was the most rapid in 2021 when the average export price increased by 190% against the previous year. The export price peaked at $111,062 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($23,736 per ton), while the average price for exports to Armenia stood at $10,622 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Bulgaria

Imports of vitamins; vitamin e and its derivatives, unmixeds into Bulgaria rose markedly to 59 tons in 2022, with an increase of 13% against 2021. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, 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 e and its derivatives, unmixeds soared to $777K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.9% 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 +85.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands24539243050627.3%
Germany11355.072.31212.3%
China1.513.410.134.1183.3%
Belgium4.922.75.81.9-27.1%
France1.420.516.60.7-20.6%
Others52.661.963.711228.7%
Total41856559877723.0%

Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Bulgaria in 2022:

  1. Netherlands (47.3 tons)
  2. Germany (7.5 tons)
  3. China (1.7 tons)
  4. Belgium (0.3 tons)
  5. France (0.1 tons)

Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Bulgaria

In 2022, approx. 23 tons of vitamins; vitamin e and its derivatives, unmixeds were exported from Bulgaria; jumping by 6,940% on 2021 figures. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds soared to $264K in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArmeniaN/AN/AN/A2390%
North Macedonia1.65.55.912.699.0%
KazakhstanN/A25.3N/AN/A0%
OthersN/A2.91.312.8110.1%
Total1.633.87.2264448.5%

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

  1. Armenia (22.5 tons)
  2. North Macedonia (0.5 tons)

Source: IndexBox Market Intelligence Platform

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