Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the Czech Republic - 2023

Contents:

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

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

The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $26,824 per ton in 2022, reducing by -2.1% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 +20.3% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 32% against the previous year. The import price peaked at $39,543 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($79,714 per ton), while the price for France ($13,620 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $63,713 per ton in 2022, reducing by -24.7% against the previous year. In general, the export price, however, saw a strong increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 53%. Over the period under review, the average export prices reached the maximum at $84,566 per ton in 2021, and then contracted sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($363,529 per ton), while the average price for exports to Turkey ($47,000 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 Germany (+45.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the Czech Republic

In 2022, overseas purchases of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -24.3% to 18 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 17% against the previous year. As a result, imports reached the peak of 32 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds reduced rapidly to $482K in 2022. Overall, imports showed a abrupt curtailment. The smallest decline of -8% was in 2021.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany357232252202-17.3%
Netherlands12.6188199134119.9%
HungaryN/A53.127.251.9-1.1%
Poland12.116.927.835.242.8%
France65.915110629.5-23.5%
Belgium8.320.50.618.029.4%
China2290.11.36.1-70.1%
South Korea88.0N/AN/AN/A0%
Switzerland114N/AN/AN/A0%
Others40.845.136.44.9-50.7%
Total928707650482-19.6%

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

  1. Germany (7.6 tons)
  2. Netherlands (5.7 tons)
  3. France (2.2 tons)
  4. Belgium (1.1 tons)
  5. Hungary (0.7 tons)
  6. Poland (0.6 tons)
  7. China (0.1 tons)

Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the Czech Republic

In 2022, exports of vitamins; vitamin b2 and its derivatives, unmixeds from the Czech Republic soared to 727 kg, picking up by 36% on the year before. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds totaled $46K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia26.513.717.020.8-7.8%
UkraineN/AN/AN/A17.10%
Germany1.89.25.26.251.0%
HungaryN/AN/A19.9N/A0%
Others0.56.63.22.263.9%
Total28.829.545.246.317.1%

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

  1. Slovakia (430.0 kg)
  2. Ukraine (275.0 kg)
  3. Germany (17.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 254

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 386

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 1458

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 864

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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 254

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 386

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 1458

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 864

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...

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