Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus - 2022
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus (CIF) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus (CIF) - 2022
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $16,091 per ton in 2022, with a decrease of -5.2% against the previous year. In general, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2016 an increase of 30%. Over the period under review, average import prices hit record highs at $33,594 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 France ($172,525 per ton), while the price for Germany ($11,495 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 (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus (FOB) - 2022
The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $64,046 per ton in 2022, dropping by -3% against the previous year. Overall, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 1.9% against the previous year. The export price peaked at $76,250 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 -1.7% per year.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus
In 2022, overseas purchases of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -43.2% to 17 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, imports reached the peak of 43 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds declined notably to $266K in 2022. In general, imports saw a sharp reduction. The smallest decline of -0.1% was in 2020.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 564 | 396 | 181 | 59.9 | -52.6% |
| Russia | 19.0 | 80.5 | 94.7 | 59.7 | 46.5% |
| South Korea | 14.1 | 59.3 | 56.7 | 35.8 | 36.4% |
| Germany | 31.9 | 36.6 | 36.6 | 30.3 | -1.7% |
| Belgium | 11.0 | 12.1 | 11.4 | 14.8 | 10.4% |
| Netherlands | 18.7 | 4.9 | 11.1 | 7.0 | -27.9% |
| Others | 64.5 | 133 | 102 | 58.1 | -3.4% |
| Total | 723 | 723 | 493 | 266 | -28.3% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Belarus in 2022:
- China (4.8 tons)
- Russia (3.7 tons)
- Germany (2.6 tons)
- South Korea (2.1 tons)
- Belgium (1.2 tons)
- Netherlands (0.4 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus
For the fourth year in a row, Belarus recorded growth in shipments abroad of vitamins; vitamin B2 and its derivatives, unmixeds, which increased by 12% to 130 kg in 2022. The total export volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds expanded notably to $8.3K in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 8.7% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 6.5 | 7.1 | 7.6 | 8.3 | 8.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.5 | 7.1 | 7.7 | 8.3 | 8.5% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Belarus in 2022:
- Russia (130.0 kg)
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This report provides an in-depth analysis of the vitamin market in Belarus.
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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 Belarus.
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This report provides an in-depth analysis of the global vitamin market.
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.
368
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.
1435
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...
853
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.
368
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.
1435
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...
853
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...
