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

Contents:

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

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

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $106K per ton in November 2023, picking up by 1,223% against the previous month. In general, the import price posted a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($159K per ton), while the price for Germany ($37,183 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 Poland (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin e and its derivatives, unmixeds stood at $24,029 per ton in 2022, picking up by 103% against the previous year. Over the period under review, the export price showed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($49,520 per ton), while the average price for exports to Belarus ($12,035 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+44.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of vitamins; vitamin e and its derivatives, unmixeds imported into Lithuania expanded rapidly to 142 tons, picking up by 6.9% on 2021 figures. Overall, imports, however, saw a sharp shrinkage.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds rose sharply to $1.7M in 2022. In general, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 51%. As a result, imports attained the peak of $3.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19630043952538.9%
Belgium2.78.1654491466.6%
France11.121.5106225172.7%
Spain12.414.723.6204154.3%
Netherlands1,8042,636219159-55.5%
China38.622256.26.2-45.6%
Others93.946.745.052.8-17.5%
Total2,1593,2491,5431,663-8.3%

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

  1. Belgium (45.8 tons)
  2. Germany (45.0 tons)
  3. France (26.1 tons)
  4. Netherlands (14.1 tons)
  5. Spain (8.5 tons)
  6. China (0.6 tons)

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

In 2022, overseas shipments of vitamins; vitamin e and its derivatives, unmixeds decreased by -68.1% to 23 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 18%. As a result, the exports attained the peak of 368 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 declined markedly to $547K in 2022. In general, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, the exports attained the peak of $2.9M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,3172,425698294-39.3%
NorwayN/AN/AN/A1130%
Uzbekistan13.24.54.454.059.9%
FinlandN/A0.432.029.5758.8%
Ukraine5.012.511.526.474.1%
EstoniaN/A3.82.814.595.3%
Belarus32938.576.63.8-77.4%
Poland141396N/A2.6-73.6%
Germany1550.1N/A1.4-79.2%
Italy132N/AN/AN/A0%
Others39.043.018.48.0-41.0%
Total2,1312,924844547-36.4%

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

  1. Russia (14.0 tons)
  2. Norway (3.6 tons)
  3. Finland (1.7 tons)
  4. Ukraine (1.4 tons)
  5. Uzbekistan (1.1 tons)
  6. Estonia (0.4 tons)
  7. Belarus (0.3 tons)
  8. Poland (0.2 tons)

Source: IndexBox Market Intelligence Platform

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