Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece - 2023

Contents:

  1. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece (CIF) - 2022
  2. Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece (FOB) - 2022
  3. Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece
  4. Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece

Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece (CIF) - 2022

The average import price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $54,871 per ton in 2022, shrinking by -28% against the previous year. Overall, the import price showed a deep setback. The growth pace was the most rapid in 2013 when the average import price increased by 169% against the previous year. As a result, import price reached the peak level of $266,886 per ton. From 2014 to 2022, the average 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 ($84,183 per ton), while the price for the United States ($31,209 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece (FOB) - 2022

The average export price for vitamins; vitamin B12 and its derivatives, unmixeds stood at $17,202 per ton in 2022, falling by -38.5% against the previous year. Over the period under review, the export price continues to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2014 a decrease of -2.3%. Over the period under review, the average export prices reached the peak figure at $146,167 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($27,811 per ton), while the average price for exports to the UK amounted to $15,539 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-36.8%).

Imports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece

In 2022, approx. 10 tons of vitamins; vitamin B12 and its derivatives, unmixeds were imported into Greece; rising by 15% compared with the year before. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of vitamins; vitamin B12 and its derivatives, unmixeds dropped dramatically to $565K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 76% against the previous year.

Import of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France62.994.912618342.8%
United StatesN/A26.4N/A177158.9%
Germany95.31402311208.0%
BelgiumN/A0.112.712.31009.1%
Netherlands23.415637.011.4-21.3%
BulgariaN/AN/A178N/A0%
Spain59.14.77.2N/A-65.1%
United Kingdom15.742.8N/AN/A172.6%
Others39.253.987.461.416.1%
Total29651968056524.0%

Top Suppliers of Vitamins; Vitamin B12 and Its Derivatives, Unmixed to Greece in 2022:

  1. United States (5.7 tons)
  2. France (2.2 tons)
  3. Germany (1.6 tons)
  4. Belgium (0.3 tons)
  5. Netherlands (0.2 tons)

Exports of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece

In 2022, the amount of vitamins; vitamin B12 and its derivatives, unmixeds exported from Greece soared to 5.9 tons, jumping by 183% on the previous year's figure. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,612% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of vitamins; vitamin B12 and its derivatives, unmixeds surged to $101K in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 864% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A50.180.560.7%
NorwayN/AN/A2.618.2600.0%
Spain20.3N/AN/AN/A0%
OthersN/A6.05.22.1-40.8%
Total20.36.057.910170.7%

Top Export Markets for Vitamins; Vitamin B12 and Its Derivatives, Unmixed from Greece in 2022:

  1. United Kingdom (5.2 tons)
  2. Norway (0.7 tons)
Store
Blog
Event
The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 254

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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 386

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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1458

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 864

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...

The World's Best Import Markets for Vitamins
Oct 6, 2023
Eye 254

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.

COVID Pandemic Instigates Global Vitamin Trade Growth
Feb 8, 2022
Eye 386

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. 

Which Country Imports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 1458

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...

Which Country Exports the Most Provitamins and Vitamins in the World?
May 28, 2018
Eye 864

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...

Free Data: Price for Vitamins; Vitamin B12 and Its Derivatives, Unmixed in Greece - 2023