Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary - 2023
Contents:
- Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary (CIF) - 2023
- Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary (FOB) - 2022
- Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary
- Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary
Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary (CIF) - 2023
The average import price for vitamins; vitamins a and their derivatives, unmixeds stood at $22,367 per ton in November 2023, declining by -10.1% against the previous month. Overall, the import price showed a deep reduction. The growth pace was the most rapid in May 2023 an increase of 72% against the previous month. Over the period under review, average import prices reached the peak figure at $47,215 per ton in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($31,239 per ton), while the price for Austria ($14,422 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 the Czech Republic (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary (FOB) - 2022
In 2022, the average export price for vitamins; vitamins a and their derivatives, unmixeds amounted to $32,690 per ton, which is down by -60.8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 104%. As a result, the export price reached the peak level of $83,360 per ton, and then shrank notably in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($36,091 per ton), while the average price for exports to Russia amounted to $32,693 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+316.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary
In 2022, approx. 95 tons of vitamins; vitamins a and their derivatives, unmixeds were imported into Hungary; waning by -13.4% compared with the previous year's figure. In general, imports continue to indicate a deep downturn. The smallest decline of -3.4% was in 2020.
In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds contracted notably to $4.3M in 2022. Over the period under review, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of $7.3M, and then contracted sharply in the following year.
| Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.1 | 2.4 | 2.5 | 1.3 | -25.1% |
| Austria | 1.5 | 0.5 | 1.4 | 1.3 | -4.7% |
| France | 1.0 | 1.5 | 1.5 | 0.8 | -7.2% |
| Germany | 0.9 | 1.0 | 0.8 | 0.5 | -17.8% |
| Belgium | 0.7 | 0.6 | 0.9 | 0.3 | -24.6% |
| Denmark | N/A | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
| Total | 7.3 | 6.0 | 7.3 | 4.3 | -16.2% |
Top Suppliers of Vitamins; Vitamins A and Their Derivatives, Unmixed to Hungary in 2022:
- Austria (34.9 tons)
- Netherlands (24.3 tons)
- France (16.1 tons)
- Germany (11.7 tons)
- Belgium (5.3 tons)
- Czech Republic (1.8 tons)
Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary
In 2022, overseas shipments of vitamins; vitamins a and their derivatives, unmixeds were finally on the rise to reach 2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a sharp curtailment.
In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds skyrocketed to $65K in 2022. Overall, exports, however, saw a abrupt setback.
| Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 64.0 | 0% |
| Slovakia | 4.0 | 2.9 | 0.1 | 0.8 | -41.5% |
| Romania | 4.6 | N/A | 0.1 | 0.1 | -72.1% |
| Germany | N/A | 95.4 | N/A | N/A | 0% |
| Serbia | N/A | N/A | 24.0 | N/A | 0% |
| Poland | N/A | 15.3 | N/A | N/A | 0% |
| Czech Republic | 108 | 11.6 | 0.1 | N/A | -97.0% |
| Others | N/A | 5.9 | 2.2 | N/A | -62.7% |
| Total | 116 | 131 | 26.4 | 64.9 | -17.6% |
Top Export Markets for Vitamins; Vitamins A and Their Derivatives, Unmixed from Hungary in 2022:
- Russia (1959.0 kg)
- Slovakia (22.0 kg)
- Romania (4.0 kg)
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This report provides an in-depth analysis of the vitamin market in Hungary.
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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 Hungary.
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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...
