Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy - 2023
Contents:
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy (CIF) - 2023
- Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy (FOB) - 2022
- Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy
- Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy (CIF) - 2023
In October 2023, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $17,621 per ton, dropping by -18.8% against the previous month. Over the period under review, the import price saw a perceptible slump. The pace of growth was the most pronounced in June 2023 when the average import price increased by 675% m-o-m. Over the period under review, average import prices reached the maximum at $28,927 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Spain ($28,383 per ton), while the price for Lithuania ($14,685 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $25,019 per ton, with an increase of 17% against the previous year. Over the period under review, the export price showed a modest expansion. The pace of growth appeared the most rapid in 2014 an increase of 49%. Over the period under review, the average export prices hit record highs at $42,955 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($67,071 per ton), while the average price for exports to Spain ($6,720 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 Brazil (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy
In 2022, after three years of growth, there was significant decline in purchases abroad of vitamins; vitamin B1 and its derivatives, unmixeds, when their volume decreased by -17.2% to 124 tons. Overall, imports saw a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of 150 tons, and then fell significantly in the following year.
In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds fell notably to $3.8M in 2022. Over the period under review, imports recorded a abrupt decline. The smallest decline of -2.2% was in 2021.
| Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2,428 | 2,472 | 2,444 | 2,295 | -1.9% |
| Germany | 835 | 891 | 454 | 382 | -22.9% |
| France | 276 | 263 | 187 | 381 | 11.3% |
| Spain | 253 | 449 | 647 | 332 | 9.5% |
| China | 968 | 292 | 597 | 293 | -32.9% |
| Belgium | 154 | 176 | 57.0 | 133 | -4.8% |
| Others | 37.8 | 122 | 177 | 10.0 | -35.8% |
| Total | 4,954 | 4,666 | 4,562 | 3,825 | -8.3% |
Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Italy in 2022:
- Netherlands (66.5 tons)
- France (16.2 tons)
- Spain (15.6 tons)
- China (13.0 tons)
- Germany (7.5 tons)
- Belgium (5.0 tons)
Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy
In 2022, the amount of vitamins; vitamin B1 and its derivatives, unmixeds exported from Italy expanded significantly to 9.5 tons, increasing by 11% against the previous year's figure. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 108%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds soared to $239K in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. As a result, the exports attained the peak of $259K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 43.2 | 42.1 | 54.2 | 126 | 42.9% |
| Poland | N/A | N/A | 0.7 | 14.2 | 1928.6% |
| Portugal | 8.5 | 9.6 | 9.1 | 13.5 | 16.7% |
| United States | 8.1 | N/A | N/A | 12.3 | 14.9% |
| Spain | 45.6 | 15.3 | 18.6 | 11.7 | -36.5% |
| Saudi Arabia | N/A | N/A | N/A | 5.5 | 0% |
| Iran | 19.6 | N/A | 7.8 | 5.1 | -36.2% |
| France | 18.1 | 3.6 | 1.4 | 1.2 | -59.5% |
| Netherlands | 0.5 | 130 | 61.6 | N/A | 1010.0% |
| Others | 39.4 | 57.8 | 30.0 | 49.0 | 7.5% |
| Total | 183 | 259 | 183 | 239 | 9.3% |
Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Italy in 2022:
- Belgium (4.9 tons)
- Spain (1.7 tons)
- Portugal (1.1 tons)
- Poland (0.6 tons)
- Saudi Arabia (0.2 tons)
- Iran (0.2 tons)
- United States (0.2 tons)
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This report provides an in-depth analysis of the vitamin market in Italy.
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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 Italy.
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This report provides an in-depth analysis of the global vitamin market.
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From June 2023 to August 2023, the import of Vitamin failed to regain momentum. In terms of value, Vitamin imports increased significantly to $15M in August 2023.
235
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.
369
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.
1437
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...
854
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...
290
From June 2023 to August 2023, the import of Vitamin failed to regain momentum. In terms of value, Vitamin imports increased significantly to $15M in August 2023.
235
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.
369
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.
1437
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...
854
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...
