Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland - 2023
Contents:
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland (CIF) - 2023
- Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland (FOB) - 2022
- Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland
- Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland (CIF) - 2023
In November 2023, the average import price for vitamins; vitamin e and its derivatives, unmixeds amounted to $11,676 per ton, which is down by -20.9% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 394% month-to-month. As a result, import price reached the peak level of $57,341 per ton. From February 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the UK ($36,514 per ton), while the price for Belgium ($9,490 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 Denmark (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland (FOB) - 2022
In 2022, the average export price for vitamins; vitamin e and its derivatives, unmixeds amounted to $29,386 per ton, declining by -56.9% against the previous year. Overall, the export price recorded a mild decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 119%. As a result, the export price attained the peak level of $68,167 per ton, and then reduced markedly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($160,277 per ton), while the average price for exports to Belarus ($10,463 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 Denmark (+171.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland
In 2022, supplies from abroad of vitamins; vitamin e and its derivatives, unmixeds decreased by -6.7% to 107 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 142%. As a result, imports reached the peak of 115 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds skyrocketed to $1.7M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.6% 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 increased by +75.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 39%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 177 | 585 | 772 | 819 | 66.6% |
| Denmark | 307 | 385 | 454 | 534 | 20.3% |
| Sweden | 12.5 | 42.7 | 56.5 | 103 | 102.0% |
| France | 5.6 | 6.1 | N/A | 51.9 | 110.1% |
| Netherlands | 108 | 251 | 51.5 | 51.5 | -21.9% |
| China | 85.9 | 65.1 | 53.4 | 37.5 | -24.1% |
| Switzerland | 173 | N/A | N/A | N/A | 0% |
| Others | 106 | 19.9 | 61.5 | 114 | 2.5% |
| Total | 976 | 1,355 | 1,449 | 1,711 | 20.6% |
Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Finland in 2022:
- Germany (53.5 tons)
- Denmark (40.7 tons)
- France (4.5 tons)
- Sweden (2.9 tons)
- Netherlands (1.6 tons)
- China (0.8 tons)
Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland
For the fourth year in a row, Finland recorded growth in overseas shipments of vitamins; vitamin e and its derivatives, unmixeds, which increased by 186% to 4 tons in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 7,328%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds skyrocketed to $118K in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 10,091%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | 22.3 | 40.3 | 43.7 | 40.0% |
| Belarus | N/A | N/A | N/A | 31.4 | 0% |
| Russia | 0.1 | 0.6 | 18.2 | 21.4 | 498.1% |
| Denmark | N/A | 18.4 | 36.9 | 20.8 | 6.3% |
| Others | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| Total | 0.4 | 41.6 | 95.6 | 118 | 565.7% |
Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from Finland in 2022:
- Belarus (2999.0 kg)
- Russia (560.0 kg)
- Sweden (285.0 kg)
- Denmark (130.0 kg)
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This report provides an in-depth analysis of the vitamin market in Finland.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in Finland.
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This report provides an in-depth analysis of the global vitamin market.
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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.
371
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.
1439
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...
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...
238
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.
371
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.
1439
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...
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...
