Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece - 2023

Contents:

  1. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece (CIF) - 2022
  2. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece (FOB) - 2022
  3. Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece
  4. Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $32,608 per ton, growing by 39% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vitamins; vitamin B2 and its derivatives, unmixeds increased by +84.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($45,422 per ton), while the price for France ($14,807 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $71,920 per ton, growing by 45% against the previous year. Over the period under review, the export price saw a pronounced expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 96% against the previous year. Over the period under review, the average export prices reached the maximum at $87,311 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cyprus.

From 2012 to 2022, the rate of growth in terms of prices for Croatia amounted to +258.1% per year.

Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece

For the fourth consecutive year, Greece recorded growth in supplies from abroad of vitamins; vitamin B2 and its derivatives, unmixeds, which increased by 5.7% to 19 tons in 2022. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 6.1%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds skyrocketed to $624K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11878.917030236.8%
China0.214.61.1165837.9%
Netherlands324166195122-27.8%
France26.323.911.722.1-5.6%
Others12.334.648.114.45.4%
Total4803184266249.1%

Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Greece in 2022:

  1. Netherlands (6.8 tons)
  2. Germany (6.6 tons)
  3. China (4.0 tons)
  4. France (1.5 tons)

Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece

In 2022, overseas shipments of vitamins; vitamin B2 and its derivatives, unmixeds increased by 733% to 25 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a sharp downturn.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds surged to $1.8K in 2022. Over the period under review, exports, however, saw a precipitous decline.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus7.0N/AN/A1.8-36.4%
SloveniaN/A0.2N/AN/A0%
OthersN/A0.10.1N/A0.0%
Total7.10.30.11.8-36.7%

Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Greece in 2022:

  1. Cyprus (25.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin B2 and its derivatives, unmixed - Greece