Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia - 2023

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia (CIF) - 2022
  2. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia (FOB) - 2022
  3. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia
  4. Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $40,413 per ton, with a decrease of -33% against the previous year. In general, the import price recorded a slight contraction. The growth pace was the most rapid in 2020 an increase of 35%. The import price peaked at $64,899 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($48,385 per ton), while the price for Germany ($22,952 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $96,929 per ton, therefore, remained relatively stable against the previous year. Overall, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum at $106,043 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($154,844 per ton), while the average price for exports to Latvia stood at $91,101 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+57.9%).

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia

In 2022, imports of vitamins; vitamin B6 and its derivatives, unmixeds into Estonia skyrocketed to 1.4 tons, rising by 113% compared with 2021. Overall, imports posted a strong increase. The growth pace was the most rapid in 2020 when imports increased by 231% against the previous year. As a result, imports reached the peak of 3.3 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds soared to $56K in 2022. Over the period under review, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 when imports increased by 347%. As a result, imports attained the peak of $204K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.219935.845.9175.3%
Germany0.30.30.19.2213.0%
China42.9N/A3.41.0-71.4%
United KingdomN/A3.9N/AN/A0%
Others0.20.30.10.20.0%
Total45.720439.456.27.1%

Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Estonia in 2022:

  1. Netherlands (948.0 kg)
  2. Germany (399.0 kg)
  3. China (25.0 kg)

Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia

Exports of vitamins; vitamin B6 and its derivatives, unmixeds from Estonia stood at 350 kg in 2022, approximately reflecting the year before. Overall, exports faced a significant decline. The smallest decline of 99.9% was in 2021.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds stood at $34K in 2022. Over the period under review, exports saw a significant decrease. The smallest decline of 99.9% was in 2021.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Estonia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Latvia84.5N/A29.0-41.4%
Netherlands0.3N/A5.0308.2%
OthersN/AN/AN/A0%
Total84.8N/A33.9-36.8%

Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Estonia in 2022:

  1. Latvia (318.0 kg)
  2. Netherlands (32.0 kg)

Source: IndexBox Market Intelligence Platform

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