Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Switzerland - 2024

Contents:

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

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $85,399 per ton in 2022, dropping by -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2014 when the average import price increased by 25% against the previous year. The import price peaked at $96,679 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($308,455 per ton), while the price for the Netherlands ($26,928 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $22,641 per ton in 2022, growing by 26% against the previous year. Overall, the export price, however, continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2019 an increase of 171% against the previous year. As a result, the export price attained the peak level of $86,271 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($60,458 per ton), while the average price for exports to the Philippines ($11,314 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 Costa Rica (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Switzerland recorded growth in overseas purchases of vitamins; vitamin B2 and its derivatives, unmixeds, which increased by 21% to 119 tons in 2022. The total import volume increased at an average annual rate of +12.9% 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 B2 and its derivatives, unmixeds surged to $10M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.46.36.38.07.7%
Germany1.00.81.41.00.0%
South Africa0.30.30.60.626.0%
Netherlands0.20.30.10.426.0%
Others0.20.10.10.20.0%
Total8.07.78.510.28.4%

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

  1. France (69.3 tons)
  2. Germany (29.1 tons)
  3. Netherlands (16.0 tons)
  4. South Africa (2.0 tons)

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

In 2022, the amount of vitamins; vitamin B2 and its derivatives, unmixeds exported from Switzerland declined to 55 tons, waning by -8.1% on 2021 figures. Overall, exports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds skyrocketed to $1.2M in 2022. In general, exports faced a precipitous descent.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines405759231195-21.6%
IsraelN/A264N/A175-18.6%
France0.3N/A1.1125646.9%
Guatemala0.5N/AN/A47.2355.3%
Germany15.457.64.940.638.1%
Indonesia14988.015620.4-48.5%
Egypt149N/A4.917.9-50.7%
PakistanN/AN/AN/A17.80%
India105151N/A1.4-76.3%
Spain41035.6N/AN/A-91.3%
Sri LankaN/AN/A18.7N/A0%
United States138N/AN/AN/A0%
Czech Republic114N/AN/AN/A0%
Others8,0301,041657599-57.9%
Total9,5162,3961,0731,238-49.3%

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

  1. Philippines (17.2 tons)
  2. Israel (5.7 tons)
  3. France (2.1 tons)
  4. Guatemala (1.8 tons)
  5. Germany (0.9 tons)
  6. Pakistan (0.5 tons)
  7. Egypt (0.5 tons)
  8. Indonesia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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