Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia - 2023

Contents:

  1. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia (FOB) - 2022
  2. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia (CIF) - 2022
  3. Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia
  4. Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia (FOB) - 2022

The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $458,701 per ton in 2022, picking up by 28% against the previous year. In general, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 447%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($479,376 per ton), while the average price for exports to Ukraine ($78,838 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+83.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia (CIF) - 2022

The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $31,814 per ton in 2022, waning by -22.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 28%. Over the period under review, average import prices attained the maximum at $61,010 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Germany ($49,427 per ton), while the price for the Netherlands ($21,137 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia

Exports of vitamins; vitamin B1 and its derivatives, unmixeds from Slovakia skyrocketed to 1.6 tons in 2022, picking up by 3,000% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds soared to $711K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A6590%
PolandN/AN/A1.83.7105.6%
CroatiaN/AN/A0.73.4385.7%
UkraineN/A0.30.52.9210.9%
OthersN/A0.414.941.8922.3%
Total0.10.717.97111822.9%

Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Slovakia in 2022:

  1. China (1375.0 kg)
  2. Ukraine (37.0 kg)
  3. Croatia (33.0 kg)
  4. Poland (30.0 kg)

Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia

In 2022, purchases abroad of vitamins; vitamin B1 and its derivatives, unmixeds decreased by -13.1% to 1.7 tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 54% against the previous year. As a result, imports attained the peak of 2.1 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds contracted remarkably to $54K in 2022. Over the period under review, imports showed a noticeable decline. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.2N/A18.927.20.0%
Netherlands4.131.241.413.448.4%
FranceN/A2.8N/A5.236.3%
Germany4.54.85.85.14.3%
SpainN/AN/AN/A1.70%
Czech Republic5.27.93.71.2-38.7%
Austria11.2N/AN/AN/A0%
United KingdomN/A23.20.1N/A-99.6%
Others5.91.310.40.2-67.6%
Total58.171.180.454.0-2.4%

Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Slovakia in 2022:

  1. Netherlands (636.0 kg)
  2. China (627.0 kg)
  3. France (214.0 kg)
  4. Germany (103.0 kg)
  5. Spain (68.0 kg)
  6. Czech Republic (47.0 kg)
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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.

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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.

COVID Pandemic Instigates Global Vitamin Trade Growth
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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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
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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...

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May 28, 2018
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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...

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