Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark (FOB) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark (CIF) - 2022
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $36,140 per ton in 2022, increasing by 161% against the previous year. Overall, the export price, however, saw a perceptible slump. Over the period under review, the average export prices reached the maximum at $116,235 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Finland ($378,281 per ton), while the average price for exports to Latvia ($2,516 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 Slovenia (+58.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $95,378 per ton, rising by 24% against the previous year. In general, the import price recorded a significant increase. The pace of growth was the most pronounced in 2016 an increase of 81% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($200,022 per ton), while the price for Germany ($45,946 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+44.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark
In 2022, approx. 52 tons of vitamins; vitamin B12 and its derivatives, unmixeds were exported from Denmark; dropping by -8.6% against 2021. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 41% against the previous year. As a result, the exports reached the peak of 56 tons, and then fell in the following year.
In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $1.9M in 2022. Overall, exports, however, saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 690 | N/A | N/A | 734 | 2.1% |
| Japan | N/A | N/A | N/A | 138 | 0% |
| South Korea | N/A | N/A | N/A | 84.9 | 0% |
| Germany | 116 | N/A | 29.9 | 72.2 | -14.6% |
| Norway | 9.8 | 76.8 | 238 | 53.2 | 75.7% |
| Sweden | 42.5 | 63.4 | 37.6 | 44.9 | 1.8% |
| Netherlands | 43.9 | 36.0 | 46.8 | 34.3 | -7.9% |
| Latvia | 71.0 | 53.6 | 52.8 | 30.5 | -24.5% |
| France | N/A | 5.1 | 40.3 | 4.3 | -8.2% |
| Others | 490 | 402 | 339 | 669 | 10.9% |
| Total | 1,462 | 637 | 784 | 1,865 | 8.5% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Denmark in 2022:
- Latvia (12.1 tons)
- Norway (8.2 tons)
- Bangladesh (7.7 tons)
- Sweden (6.2 tons)
- South Korea (3.7 tons)
- Netherlands (2.8 tons)
- Japan (2.6 tons)
- Germany (0.8 tons)
- France (0.5 tons)
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark
In 2022, overseas purchases of vitamins; vitamin B12 and its derivatives, unmixeds decreased by -39.9% to 19 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. As a result, imports attained the peak of 36 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds reduced markedly to $1.8M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 40%.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 615 | 584 | 1,165 | 1,012 | 18.1% |
| Germany | 221 | 132 | 441 | 477 | 29.2% |
| Netherlands | 294 | 346 | 344 | 324 | 3.3% |
| China | 358 | 1,020 | 401 | 8.1 | -71.7% |
| Others | 48.7 | 71.4 | 106 | 13.6 | -34.6% |
| Total | 1,536 | 2,153 | 2,457 | 1,834 | 6.1% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Denmark in 2022:
- Germany (10.4 tons)
- France (5.1 tons)
- Netherlands (3.6 tons)
- China (0.1 tons)
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This report provides an in-depth analysis of the vitamin market in Denmark.
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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 Denmark.
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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.
371
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...
856
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.
371
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...
856
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...
