Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland - 2023

Contents:

  1. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland (CIF) - 2022
  2. Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland (FOB) - 2022
  3. Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland
  4. Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $104,277 per ton, picking up by 75% against the previous year. Over the period under review, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of 92%. Over the period under review, average import prices hit record highs at $143,626 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 France ($275,450 per ton), while the price for China ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland (FOB) - 2022

In 2021, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $40,333 per ton, increasing by 3.4% against the previous year. In general, the export price saw significant growth. The export price peaked at $75,438 per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Estonia ($78,000 per ton), while the average price for exports to the Netherlands ($6,000 per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+45.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland

In 2022, supplies from abroad of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -59.5% to 1.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 69%.

In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds declined remarkably to $133K in 2022. Over the period under review, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of $187K, and then reduced notably in the following year.

Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.610.115.244.973.5%
Germany68.637.945.643.9-13.8%
Sweden24.941.752.131.07.6%
Denmark3.253.873.95.519.8%
FranceN/AN/AN/A5.50%
South Korea27.2N/AN/AN/A0%
China15.60.10.4N/A-84.0%
Others32.31.60.32.0-60.4%
Total180145187133-9.6%

Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Finland in 2022:

  1. Germany (385.0 kg)
  2. Netherlands (332.0 kg)
  3. Denmark (302.0 kg)
  4. Sweden (223.0 kg)
  5. France (20.0 kg)
  6. China (1.0 kg)

Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland

Exports of vitamins; vitamin B2 and its derivatives, unmixeds from Finland declined dramatically to 3 kg in 2021, dropping by -25% on the previous year's figure. In general, exports faced a precipitous decline.

In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds contracted sharply to $121 in 2021. Overall, exports showed a dramatic decrease.

Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Finland (USD)
COUNTRY201920202021CAGR,
2019-2021
EstoniaN/A10578.0-25.7%
Sweden1,09942.037.0-81.7%
Netherlands1.01.06.0144.9%
China32.0N/AN/A0%
France75.0N/AN/A0%
DenmarkN/A8.0N/A0%
OthersN/AN/AN/A0%
Total1,207156121-68.3%

Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Finland in 2022:

  1. Sweden (1.0 kg)
  2. Netherlands (1.0 kg)
  3. Estonia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin B2 and its derivatives, unmixed - Finland