Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland - 2023
Contents:
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland (CIF) - 2022
- Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland (FOB) - 2022
- Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland
- Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland (CIF) - 2022
In 2022, the average import price for vitamins; vitamin B12 and its derivatives, unmixeds amounted to $168,384 per ton, leveling off at the previous year. In general, the import price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 105% against the previous year. Over the period under review, average import prices reached the peak figure at $211,348 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 ($532,116 per ton), while the price for Norway ($43,516 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+39.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland (FOB) - 2022
The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $78,235 per ton in 2022, surging by 66% against the previous year. In general, the export price, however, saw a perceptible slump. The growth pace was the most rapid in 2017 an increase of 171%. Over the period under review, the average export prices hit record highs at $173,000 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Sweden ($114,641 per ton), while the average price for exports to Russia ($53,244 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-3.2%).
Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland
In 2022, after two years of decline, there was significant growth in purchases abroad of vitamins; vitamin B12 and its derivatives, unmixeds, when their volume increased by 34% to 4.1 tons. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds soared to $692K in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 37.9 | 0.7 | 156 | 201 | 74.4% |
| Denmark | 19.3 | 180 | 168 | 173 | 107.7% |
| Sweden | 133 | 153 | 22.8 | 106 | -7.3% |
| Netherlands | 0.7 | 57.8 | 82.6 | 93.7 | 411.5% |
| United Kingdom | 158 | 77.8 | 6.6 | 53.5 | -30.3% |
| Germany | 9.1 | 63.1 | 19.9 | 22.9 | 36.0% |
| China | 107 | 15.9 | 29.9 | 14.9 | -48.2% |
| France | 195 | 17.5 | 12.1 | 11.3 | -61.3% |
| Norway | 7.5 | 7.1 | N/A | 6.9 | -2.7% |
| Others | 15.4 | 14.9 | 20.3 | 8.7 | -17.3% |
| Total | 682 | 588 | 517 | 692 | 0.5% |
Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Finland in 2022:
- Denmark (1601.0 kg)
- United States (719.0 kg)
- Sweden (580.0 kg)
- Netherlands (497.0 kg)
- United Kingdom (306.0 kg)
- Norway (159.0 kg)
- China (157.0 kg)
- Germany (43.0 kg)
- France (22.0 kg)
Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland
In 2022, overseas shipments of vitamins; vitamin B12 and its derivatives, unmixeds increased by 71,100% to 712 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports saw 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 B12 and its derivatives, unmixeds surged to $56K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 13.3 | N/A | N/A | 33.2 | 35.7% |
| Czech Republic | N/A | N/A | N/A | 11.0 | 0% |
| Russia | N/A | 0.2 | N/A | 10.3 | 617.6% |
| Estonia | N/A | N/A | N/A | 0.7 | 0% |
| Others | N/A | 0.3 | N/A | 0.4 | 15.5% |
| Total | 13.3 | 0.5 | N/A | 55.7 | 61.2% |
Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Finland in 2022:
- Sweden (290.0 kg)
- Czech Republic (207.0 kg)
- Russia (193.0 kg)
- Estonia (12.0 kg)
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This report provides an in-depth analysis of the vitamin market in Finland.
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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 Finland.
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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.
369
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.
1437
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...
854
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...
235
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.
369
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.
1437
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...
854
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...
