Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary - 2023
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary (CIF) - 2023
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary (FOB) - 2022
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary
- Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary (CIF) - 2023
In November 2023, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $8,031 per ton, rising by 2.2% against the previous month. Overall, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 16% m-o-m. The import price peaked at $12,090 per ton in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the countries with the highest prices were Germany ($8,652 per ton) and France ($7,889 per ton), while the price for the Netherlands ($7,594 per ton) and Belgium ($7,685 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary (FOB) - 2022
In 2022, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $11,207 per ton, picking up by 6.8% against the previous year. Overall, the export price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2016 an increase of 93% against the previous year. The export price peaked at $25,203 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($10,930 per ton), while the average price for exports to Romania totaled $8,667 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.5%), while the prices for the other major destinations experienced a decline.
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary
In 2022, approx. 1.3K tons of vitamins; vitamin e and its derivatives, unmixeds were imported into Hungary; approximately equating 2021 figures. In general, imports recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 18%.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds stood at $12M 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 +21.1% 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 +77.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 42%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.2 | 2.2 | 3.1 | 4.4 | 26.0% |
| Germany | 2.1 | 2.5 | 3.1 | 2.7 | 8.7% |
| Austria | 1.6 | 1.0 | 2.1 | 1.9 | 5.9% |
| France | 0.4 | 0.8 | 1.3 | 1.4 | 51.8% |
| Belgium | 0.4 | 0.7 | 0.6 | 0.9 | 31.0% |
| Others | 0.1 | 0.5 | 0.7 | 0.7 | 91.3% |
| Total | 6.8 | 7.6 | 10.8 | 12.1 | 21.2% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Hungary in 2022:
- Netherlands (516.8 tons)
- Germany (277.8 tons)
- Austria (198.4 tons)
- France (144.9 tons)
- Belgium (100.1 tons)
Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary
In 2022, overseas shipments of vitamins; vitamin e and its derivatives, unmixeds decreased by -10.3% to 7.2 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 521%. As a result, the exports attained the peak of 20 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds reduced slightly to $81K in 2022. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 465% against the previous year. As a result, the exports reached the peak of $351K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 13.5 | 33.0 | 53.5 | 78.6 | 79.9% |
| Russia | 26.2 | 96.7 | N/A | N/A | 269.1% |
| Slovakia | 3.2 | 20.1 | 2.9 | N/A | -4.8% |
| Germany | 1.0 | 137 | 2.8 | N/A | 67.3% |
| Romania | 0.8 | 37.2 | 17.9 | N/A | 373.0% |
| Others | 17.6 | 27.3 | 7.5 | 2.4 | -48.5% |
| Total | 62.2 | 351 | 84.6 | 81.0 | 9.2% |
Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from Hungary in 2022:
- Czech Republic (7.2 tons)
553
This report provides an in-depth analysis of the vitamin market in Hungary.
2742
This report provides an in-depth analysis of the global vitamin market.
553
This report provides an in-depth analysis of the vitamin market in Hungary.
2742
This report provides an in-depth analysis of the global vitamin market.
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.
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.
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...
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...
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.
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.
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...
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...
