Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany - 2023

Contents:

  1. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany (FOB) - 2022
  2. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany (CIF) - 2023
  3. Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany
  4. Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany (FOB) - 2022

The average export price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $35,396 per ton in 2022, which is down by -6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2016 an increase of 21% against the previous year. The export price peaked at $37,905 per ton in 2021, and then dropped in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($33,392 per ton), while the average price for exports to Italy ($23,482 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 the Netherlands (+3.4%), while the prices for the other major destinations experienced a decline.

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany (CIF) - 2023

The average import price for vitamins; vitamin B1 and its derivatives, unmixeds stood at $34,491 per ton in November 2023, surging by 39% against the previous month. Over the period under review, import price indicated a modest increase from November 2022 to November 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for vitamins; vitamin B1 and its derivatives, unmixeds increased by +64.1% against September 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was France ($49,082 per ton), while the price for China ($30,237 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany

Exports of vitamins; vitamin B1 and its derivatives, unmixeds from Germany was estimated at 2.2K tons in 2022, rising by 3.7% on 2021 figures. In general, exports, however, recorded a slight shrinkage.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds shrank modestly to $78M in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. As a result, the exports reached the peak of $83M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands54.771.164.865.86.4%
France2.12.52.41.1-19.4%
Others12.29.913.611.4-2.2%
Total69.183.580.878.34.3%

Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Germany in 2022:

  1. Netherlands (1970.6 tons)
  2. France (37.1 tons)

Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany

In 2022, approx. 428 tons of vitamins; vitamin B1 and its derivatives, unmixeds were imported into Germany; which is down by -31.2% against the previous year. In general, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds dropped remarkably to $13M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 9.1% against the previous year.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.210.112.18.8-14.7%
Netherlands5.13.93.93.1-15.3%
Denmark0.10.30.20.226.0%
Belgium0.10.20.10.226.0%
Hong Kong SARN/A0.10.10.241.4%
Others1.40.80.50.3-40.2%
Total20.915.516.912.8-15.1%

Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Germany in 2022:

  1. China (322.7 tons)
  2. Netherlands (75.7 tons)
  3. Denmark (9.4 tons)
  4. Hong Kong SAR (8.0 tons)
  5. Belgium (7.3 tons)
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Vitamin Prices in Germany Drop 6% to $12.6 per Kilogram
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In Dec 2022 the price of vitamins was $12.6 per kg (CIF, Germany), a decrease of 5.6% from the previous month

The World's Best Import Markets for Vitamins
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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.

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Which Country Imports the Most Provitamins and Vitamins in the World?
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Which Country Exports the Most Provitamins and Vitamins in the World?
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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...

Vitamin Prices in Germany Drop 6% to $12.6 per Kilogram
Apr 17, 2023
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In Dec 2022 the price of vitamins was $12.6 per kg (CIF, Germany), a decrease of 5.6% from the previous month

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 856

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...

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