Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia - 2024
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia (CIF) - 2022
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia (FOB) - 2022
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia
- Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia (CIF) - 2022
In 2022, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $9,416 per ton, picking up by 17% against the previous year. Over the period under review, the import price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2021 an increase of 29%. Over the period under review, average import prices hit record highs at $15,918 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($34,737 per ton), while the price for China ($7,770 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia (FOB) - 2022
The average export price for vitamins; vitamin e and its derivatives, unmixeds stood at $12,270 per ton in 2022, rising by 15% against the previous year. Overall, the export price, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2019 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices attained the maximum at $16,722 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($12,416 per ton), while the average price for exports to North Macedonia ($11,744 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 Switzerland (+79.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia
In 2022, the amount of vitamins; vitamin e and its derivatives, unmixeds imported into Serbia expanded sharply to 206 tons, growing by 6.1% against the previous year's figure. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, imports attained the peak of 245 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds surged to $1.9M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.5% 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 +97.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 605 | 1,015 | 958 | 927 | 15.3% |
| China | 64.7 | 156 | 307 | 780 | 129.3% |
| Germany | 89.6 | 256 | 136 | 146 | 17.7% |
| Hungary | 10.0 | 23.5 | 39.9 | 28.3 | 41.4% |
| Netherlands | 16.2 | 45.7 | 29.7 | N/A | 35.4% |
| Others | 197 | 33.0 | 101 | 61.1 | -32.3% |
| Total | 983 | 1,529 | 1,572 | 1,943 | 25.5% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Serbia in 2022:
- China (100.4 tons)
- Switzerland (85.0 tons)
- Germany (15.0 tons)
- Hungary (3.0 tons)
Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia
In 2022, shipments abroad of vitamins; vitamin e and its derivatives, unmixeds decreased by -58.9% to 3.4 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp setback. The pace of growth was the most pronounced in 2020 when exports increased by 45% against the previous year. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds reduced markedly to $42K in 2022. Overall, exports recorded a deep contraction. The growth pace was the most rapid in 2020 with an increase of 32%. As a result, the exports attained the peak of $105K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 22.5 | 32.1 | 29.9 | 29.9 | 9.9% |
| North Macedonia | 7.3 | 13.4 | 9.1 | 10.6 | 13.2% |
| Albania | N/A | N/A | N/A | 1.2 | 0% |
| Turkey | 35.7 | N/A | N/A | 0.1 | -85.9% |
| Croatia | N/A | 18.6 | 27.1 | N/A | 45.7% |
| Slovenia | 13.9 | N/A | 21.0 | N/A | 22.9% |
| Romania | N/A | 39.9 | N/A | N/A | 0% |
| Others | N/A | 0.5 | 2.2 | 0.3 | -22.5% |
| Total | 79.4 | 105 | 89.3 | 42.1 | -19.1% |
Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from Serbia in 2022:
- Bosnia and Herzegovina (2412.0 kg)
- North Macedonia (901.0 kg)
- Albania (100.0 kg)
- Turkey (6.0 kg)
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This report provides an in-depth analysis of the vitamin market in Serbia.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in Serbia.
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This report provides an in-depth analysis of the global vitamin market.
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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.
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...
