Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania (CIF) - 2022
The average import price for vitamins; vitamin c and its derivatives, unmixeds stood at $5,334 per ton in 2022, waning by -23% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 71%. The import price peaked at $6,923 per ton in 2021, and then shrank remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($12,994 per ton), while the price for China ($4,116 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 (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania (FOB) - 2022
In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $6,724 per ton, dropping by -2.5% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vitamins; vitamin c and its derivatives, unmixeds decreased by -13.1% against 2020 indices. The growth pace was the most rapid in 2020 when the average export price increased by 67%. Over the period under review, the average export prices hit record highs at $9,005 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($13,850 per ton), while the average price for exports to Latvia ($5,772 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 United Arab Emirates (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania
In 2022, imports of vitamins; vitamin c and its derivatives, unmixeds into Lithuania skyrocketed to 196 tons, growing by 27% on the previous year. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 121%. As a result, imports attained the peak of 217 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds shrank modestly to $1M in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 183% against the previous year.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 264 | 564 | 561 | 438 | 18.4% |
| Germany | 20.9 | 94.3 | 220 | 286 | 139.2% |
| China | 35.5 | 69.6 | 3.4 | 187 | 74.0% |
| France | 0.6 | 4.6 | 33.6 | 32.0 | 276.4% |
| Sweden | N/A | N/A | 13.3 | 26.0 | 95.5% |
| Netherlands | 11.0 | 92.0 | 82.5 | 17.5 | 16.7% |
| Others | 24.3 | 186 | 159 | 60.6 | 35.6% |
| Total | 357 | 1,010 | 1,073 | 1,046 | 43.1% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Lithuania in 2022:
- Poland (74.2 tons)
- Germany (62.0 tons)
- China (45.3 tons)
- Sweden (5.8 tons)
- France (3.5 tons)
- Netherlands (1.3 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania
Exports of vitamins; vitamin c and its derivatives, unmixeds from Lithuania soared to 40 tons in 2022, jumping by 77% on the previous year's figure. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 207%. The exports peaked 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 surged to $272K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 415%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 4.9 | 37.4 | 49.8 | 99.8 | 173.1% |
| Russia | 8.0 | 17.0 | 29.1 | 80.1 | 115.5% |
| Belarus | 32.2 | 81.3 | 72.4 | 56.3 | 20.5% |
| Armenia | N/A | N/A | N/A | 19.8 | 0% |
| Poland | 2.4 | 7.2 | N/A | 4.3 | 21.5% |
| United Arab Emirates | N/A | 32.7 | N/A | N/A | 0% |
| Others | 3.0 | 84.6 | 6.2 | 11.7 | 57.4% |
| Total | 50.5 | 260 | 157 | 272 | 75.3% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Lithuania in 2022:
- Latvia (17.3 tons)
- Russia (11.5 tons)
- Belarus (9.2 tons)
- Armenia (1.4 tons)
- Poland (0.4 tons)
516
This report provides an in-depth analysis of the vitamin market in Lithuania.
2742
This report provides an in-depth analysis of the global vitamin market.
516
This report provides an in-depth analysis of the vitamin market in Lithuania.
2742
This report provides an in-depth analysis of the global vitamin market.
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...
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...
