Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway - 2024
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway (CIF) - 2022
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway (CIF) - 2022
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $21,408 per ton in 2022, increasing by 11% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 32%. Over the period under review, average import prices hit record highs at $34,341 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 Germany ($106,930 per ton), while the price for Denmark ($17,683 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway (FOB) - 2022
The average export price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $51,189 per ton in 2022, standing approx. at the previous year. In general, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 52%. The export price peaked at $78,000 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($52,667 per ton), while the average price for exports to Sweden totaled $41,095 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (-0.4%).
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway
In 2022, the amount of vitamins; vitamin B2 and its derivatives, unmixeds imported into Norway declined rapidly to 7.3 tons, which is down by -42.7% against the year before. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds shrank significantly to $157K in 2022. Overall, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 1.7%.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 245 | 111 | 102 | 123 | -20.5% |
| Germany | 14.0 | 11.8 | 8.2 | 21.5 | 15.4% |
| China | 4.1 | 6.4 | 3.9 | 11.7 | 41.8% |
| Others | 197 | 114 | 134 | 1.0 | -82.8% |
| Total | 460 | 244 | 248 | 157 | -30.1% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Norway in 2022:
- Denmark (7.0 tons)
- China (0.2 tons)
- Germany (0.2 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway
In 2022, overseas shipments of vitamins; vitamin B2 and its derivatives, unmixeds decreased by -7.5% to 37 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 567% against the previous year. As a result, the exports reached the peak of 40 kg, and then declined in the following year.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds dropped to $1.9K in 2022. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 342%.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Norway (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 863 | 0% |
| Denmark | 101 | 468 | 2,063 | 158 | 16.1% |
| Others | 5.0 | N/A | N/A | 873 | 458.9% |
| Total | 106 | 468 | 2,063 | 1,894 | 161.4% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Norway in 2022:
- Sweden (21.0 kg)
- Denmark (3.0 kg)
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This report provides an in-depth analysis of the vitamin market in Norway.
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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 Norway.
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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.
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.
1457
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...
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...
252
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.
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.
1457
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...
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...
