Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus - 2022

Contents:

  1. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus (CIF) - 2022
  2. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus (FOB) - 2022
  3. Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus
  4. Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus (CIF) - 2022

In April 2021, the average import price for vitamins; vitamins a and their derivatives, unmixeds amounted to $89,084 per ton, waning by -21.3% against the previous month. Over the period from January 2021 to April 2021, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in March 2021 when the average import price increased by 32% against the previous month. As a result, import price attained the peak level of $113K per ton, and then contracted dramatically in the following month.

Average prices varied noticeably amongst the major supplying countries. In April 2021, the country with the highest price was Russia ($89,387 per ton), while the price for China totaled $83,804 per ton.

From January 2021 to April 2021, the most notable rate of growth in terms of prices was attained by Russia (+10.8%), while the prices for the other major suppliers experienced a decline.

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus (FOB) - 2022

In 2022, the average export price for vitamins; vitamins a and their derivatives, unmixeds amounted to $87,448 per ton, remaining constant against the previous year. Over the period under review, the export price, however, recorded resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 178% against the previous year. Over the period under review, the average export prices reached the maximum at $106,562 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +14.6% per year.

Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus

In 2022, purchases abroad of vitamins; vitamins a and their derivatives, unmixeds decreased by -42.2% to 47 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 19%. As a result, imports reached the peak of 91 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds dropped dramatically to $2.4M in 2022. Over the period under review, imports saw a sharp contraction. The pace of growth was the most pronounced in 2020 when imports increased by 25%. As a result, imports attained the peak of $8.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,7252,4952,4461,111-13.6%
Germany965123858390-26.1%
Belgium476155255162-30.2%
Russia10735233615212.4%
Poland1,082989581107-53.8%
Lithuania23727313355.7-38.3%
China45.31,58619542.7-2.0%
Others1,8742,1851,777340-43.4%
Total6,5118,1596,5802,360-28.7%

Top Suppliers of Vitamins; Vitamins A and Their Derivatives, Unmixed to Belarus in 2022:

  1. Switzerland (18.2 tons)
  2. Germany (6.4 tons)
  3. Belgium (4.2 tons)
  4. Poland (3.7 tons)
  5. Russia (2.3 tons)
  6. Lithuania (1.1 tons)
  7. China (0.7 tons)

Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus

Exports of vitamins; vitamins a and their derivatives, unmixeds from Belarus reached 13 tons in 2022, approximately mirroring 2021. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 340%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds stood at $1.1M in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 261% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2892801,1011,10756.5%
OthersN/A25.3N/AN/A0%
Total2893051,1011,10756.5%

Top Export Markets for Vitamins; Vitamins A and Their Derivatives, Unmixed from Belarus in 2022:

  1. Russia (12.7 tons)
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