Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal (FOB) - 2023
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal (CIF) - 2023
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal (FOB) - 2023
In December 2023, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $10,800 per ton, with an increase of 7.2% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 19% m-o-m. As a result, the export price reached the peak level of $11,715 per ton. From February 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Germany ($14,869 per ton), while the average price for exports to France ($8,429 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal (CIF) - 2023
In December 2023, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $6,951 per ton, increasing by 24% against the previous month. In general, the import price showed a relatively flat trend pattern. 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 December 2023, the country with the highest price was the Netherlands ($29,569 per ton), while the price for Belgium ($1,864 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal
For the fourth year in a row, Portugal recorded growth in overseas shipments of vitamins; vitamin c and its derivatives, unmixeds, which increased by 10% to 831 tons in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 139% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds reached $8.7M in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 142%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 174 | 1,357 | 1,541 | 2,642 | 147.6% |
| Poland | 349 | 2,326 | 2,221 | 1,413 | 59.4% |
| Germany | 546 | 686 | 537 | 1,005 | 22.6% |
| Spain | 158 | 378 | 214 | 848 | 75.1% |
| Italy | 631 | 1,189 | 2,382 | 744 | 5.6% |
| Hungary | 311 | 621 | 739 | 741 | 33.6% |
| Turkey | 226 | 147 | N/A | 273 | 6.5% |
| Switzerland | 352 | 896 | 296 | 182 | -19.7% |
| Others | 693 | 728 | 715 | 854 | 7.2% |
| Total | 3,441 | 8,329 | 8,644 | 8,702 | 36.2% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Portugal in 2022:
- France (289.0 tons)
- Poland (142.3 tons)
- Germany (79.6 tons)
- Spain (67.9 tons)
- Hungary (64.4 tons)
- Italy (58.3 tons)
- Turkey (25.0 tons)
- Switzerland (14.4 tons)
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal
In 2022, the amount of vitamins; vitamin c and its derivatives, unmixeds imported into Portugal totaled 1.2K tons, approximately equating 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 47%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds dropped modestly to $7.8M in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 4.4 | 6.0 | 5.8 | 38.1% |
| Spain | 1.1 | 1.2 | 1.5 | 1.3 | 5.7% |
| Netherlands | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Germany | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Others | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Total | 3.7 | 6.0 | 8.0 | 7.8 | 28.2% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Portugal in 2022:
- China (915.8 tons)
- Spain (198.4 tons)
- Netherlands (53.3 tons)
- Germany (27.8 tons)
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This report provides an in-depth analysis of the vitamin market in Portugal.
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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 Portugal.
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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.
370
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...
855
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.
370
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...
855
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...
