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

Contents:

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

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

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $11,570 per ton in 2022, increasing by 32% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The import price peaked at $15,407 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($13,800 per ton), while the price for France ($8,320 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $14,524 per ton, growing by 4.8% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 19%. The export price peaked at $26,351 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Turkey ($52,157 per ton), while the average price for exports to Kenya ($7,723 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 Turkey (+43.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of vitamins; vitamin e and its derivatives, unmixeds decreased by -23.8% to 4K tons, falling for the second year in a row after two years of growth. In general, imports saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, imports reached the peak of 5.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds totaled $46M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +48.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.03.65.317.262.6%
Germany6.59.99.58.69.8%
Netherlands15.024.722.68.1-18.6%
SwitzerlandN/AN/A0.64.3616.7%
Denmark2.83.24.13.57.7%
FranceN/A0.10.10.7164.6%
Belgium1.52.51.00.6-26.3%
Others1.21.42.53.137.2%
Total31.145.445.746.114.0%

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

  1. China (1244.1 tons)
  2. Netherlands (892.8 tons)
  3. Germany (858.3 tons)
  4. Denmark (380.7 tons)
  5. Switzerland (355.0 tons)
  6. France (86.1 tons)
  7. Belgium (48.4 tons)

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

After three years of growth, shipments abroad of vitamins; vitamin e and its derivatives, unmixeds decreased by -59.3% to 153 tons in 2022. Over the period under review, exports, however, continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of 89%. As a result, the exports reached the peak of 376 tons, and then fell dramatically in the following year.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds fell rapidly to $2.2M in 2022. Overall, exports, however, posted slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, the exports reached the peak of $5.2M, and then contracted rapidly in the following year.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands90.11012,16620631.7%
Singapore1.99.94.8198370.6%
France88.549.520817826.2%
Ireland2113171,172137-13.4%
Nigeria35.811810699.840.7%
ChinaN/A58850495.4-59.7%
Turkey72.536.310675.11.2%
Belgium13.030.850.759.165.7%
Hungary32.614110.557.120.5%
Brazil13.98.652.056.159.2%
Poland12219480.549.5-26.0%
Finland11.116.433.441.955.7%
Kenya21.045.033.719.6-2.3%
Others1,4291,207687952-12.7%
Total2,1422,8645,2132,2241.3%

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

  1. Netherlands (17.0 tons)
  2. Ireland (11.5 tons)
  3. Singapore (11.0 tons)
  4. Nigeria (10.5 tons)
  5. China (8.5 tons)
  6. France (6.4 tons)
  7. Brazil (3.7 tons)
  8. Hungary (2.5 tons)
  9. Kenya (2.5 tons)
  10. Poland (2.4 tons)
  11. Belgium (1.6 tons)
  12. Turkey (1.4 tons)
  13. Finland (1.4 tons)

Source: IndexBox Market Intelligence Platform

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