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

Contents:

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

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

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $9,585 per ton in November 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 23% against the previous month. As a result, import price attained the peak level of $12,437 per ton. From May 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($28,768 per ton), while the price for Germany ($8,064 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.5%), while the prices for the other major suppliers experienced a decline.

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

In November 2023, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $24,236 per ton, picking up by 48% against the previous month. Overall, the export price showed slight growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Norway ($97,813 per ton), while the average price for exports to Romania ($7,640 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of vitamins; vitamin e and its derivatives, unmixeds, when their volume decreased by -6.1% to 3.1K tons. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.6% against the previous year. As a result, imports attained the peak of 3.3K tons, and then contracted in the following year.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds amounted to $31M 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 +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, imports increased by +76.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 28%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.016.622.522.917.8%
Netherlands3.25.13.85.620.5%
China0.20.70.71.176.5%
Others0.40.20.71.658.7%
Total17.722.627.631.220.8%

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

  1. Germany (2449.3 tons)
  2. Netherlands (464.1 tons)
  3. China (89.4 tons)

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

In 2022, shipments abroad of vitamins; vitamin e and its derivatives, unmixeds decreased by -22.6% to 526 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 0.1% against the previous year. As a result, the exports reached the peak of 759 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds shrank to $7.6M in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, the exports reached the peak of $8.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1,0811,5141,8521,52512.2%
China7018888107040.1%
Bangladesh94.333831569494.5%
Germany5206132446145.7%
South Korea743676880594-7.2%
Finland31933244851917.6%
Norway1,260564387511-26.0%
Hong Kong SAR50025680.6423-5.4%
Sweden9121,3561,088400-24.0%
United Kingdom436441255302-11.5%
United States265392229173-13.3%
EgyptN/A48.124.914070.6%
Poland0.832.0247120431.3%
Others9141,3971,371902-0.4%
Total7,7448,8458,2327,623-0.5%

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

  1. Latvia (161.5 tons)
  2. Norway (40.4 tons)
  3. Germany (38.7 tons)
  4. Finland (37.8 tons)
  5. China (36.3 tons)
  6. United Kingdom (36.1 tons)
  7. Sweden (34.3 tons)
  8. Bangladesh (25.3 tons)
  9. South Korea (21.9 tons)
  10. Hong Kong SAR (19.8 tons)
  11. Poland (10.6 tons)
  12. Egypt (9.5 tons)
  13. United States (7.4 tons)

Source: IndexBox Market Intelligence Platform

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

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 370

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...

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

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 370

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...

Free Data: Vitamins; vitamin E and its derivatives, unmixed - Denmark