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

Contents:

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

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

In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $39,705 per ton, picking up by 12% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 B6 and its derivatives, unmixeds decreased by -19.7% against 2019 indices. The growth pace was the most rapid in 2018 an increase of 64% against the previous year. The import price peaked at $49,437 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 Latvia ($99,069 per ton), while the price for the Netherlands ($27,036 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $62,095 per ton in 2022, increasing by 138% against the previous year. In general, the export price recorded strong growth. Over the period under review, the average export prices hit record highs at $64,000 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Germany ($93,355 per ton), while the average price for exports to the United States ($15,714 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 (+311.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -19.1% to 1.7 tons, falling for the second year in a row after two years of growth. In general, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +4.6% 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 decreased by -30.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 64% against the previous year. As a result, imports attained the peak of 2.4 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds shrank to $66K in 2022. Over the period under review, imports continue to indicate a noticeable decline. The growth pace was the most rapid in 2020 when imports increased by 39%. As a result, imports reached the peak of $99K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.256.853.224.2122.4%
LatviaN/AN/AN/A15.80%
Czech Republic6.24.65.59.113.6%
Germany0.99.74.48.1108.0%
China58.4N/A1.15.0-55.9%
United KingdomN/A17.00.2N/A-98.8%
Others3.611.07.83.4-1.9%
Total71.398.972.265.6-2.7%

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

  1. Netherlands (894.0 kg)
  2. Czech Republic (326.0 kg)
  3. Germany (189.0 kg)
  4. Latvia (159.0 kg)
  5. China (60.0 kg)

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

For the fourth year in a row, Slovakia recorded growth in overseas shipments of vitamins; vitamin B6 and its derivatives, unmixeds, which increased by 335% to 74 kg in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,600% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds surged to $4.6K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,071% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Slovakia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A68.02,8944155.9%
BulgariaN/AN/AN/A7160%
FranceN/AN/A246715190.7%
HungaryN/AN/AN/A1460%
United StatesN/AN/AN/A1100%
PolandN/AN/A41.014.0-65.9%
UkraineN/A14.024.0N/A71.4%
Others64.0N/A65.0N/A0.8%
Total64.014.04444,595315.6%

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

  1. Germany (31.0 kg)
  2. Bulgaria (18.0 kg)
  3. France (13.0 kg)
  4. United States (7.0 kg)
  5. Hungary (4.0 kg)
  6. Poland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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