Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia - 2022

Contents:

  1. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia (CIF) - 2022
  2. Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia (FOB) - 2022
  3. Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia
  4. Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $29,320 per ton, with an increase of 9.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 49% against the previous year. Over the period under review, average import prices reached the maximum at $69,573 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($181,980 per ton), while the price for Spain ($18,457 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B1 and its derivatives, unmixeds amounted to $38,228 per ton, surging by 52% against the previous year. In general, the export price, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 221% against the previous year. As a result, the export price attained the peak level of $399,973 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Kazakhstan ($34,321 per ton) and Armenia ($34,312 per ton), while the average price for exports to Azerbaijan ($27,895 per ton) and Uzbekistan ($34,213 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia

Imports of vitamins; vitamin B1 and its derivatives, unmixeds into Russia stood at 233 tons in 2022, growing by 2.8% compared with 2021. Overall, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.2% 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 +65.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of vitamins; vitamin B1 and its derivatives, unmixeds expanded markedly to $6.8M in 2022. Over the period under review, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year.

Import of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8661,0531,4982,64845.1%
Netherlands16594.045161254.8%
Japan3,479149N/A525-46.8%
India23.0114291405160.2%
Germany1,060355517405-27.4%
Belgium33899.1268237-11.2%
Poland1.52.592.8233437.6%
SpainN/AN/A323129-60.1%
France30933119166.8-40.0%
Others2,6311,8582,4261,557-16.0%
Total8,8734,0566,0586,818-8.4%

Top Suppliers of Vitamins; Vitamin B1 and Its Derivatives, Unmixed to Russia in 2022:

  1. China (113.0 tons)
  2. Netherlands (20.3 tons)
  3. Germany (11.2 tons)
  4. Belgium (11.0 tons)
  5. Poland (7.5 tons)
  6. Spain (7.0 tons)
  7. France (3.2 tons)
  8. India (3.0 tons)
  9. Japan (2.9 tons)

Exports of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia

In 2022, exports of vitamins; vitamin B1 and its derivatives, unmixeds from Russia soared to 2.2 tons, with an increase of 136% compared with the year before. Overall, exports saw buoyant growth.

In value terms, exports of vitamins; vitamin B1 and its derivatives, unmixeds soared to $83K in 2022. In general, exports showed a resilient increase.

Export of Vitamins; Vitamin B1 and Its Derivatives, Unmixed in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArmeniaN/AN/A1.421.81457.1%
Kazakhstan7.513.09.517.231.9%
UzbekistanN/AN/A9.516.977.9%
AzerbaijanN/AN/AN/A14.90%
EstoniaN/AN/A1.1N/A0%
Belarus47.875.7N/AN/A58.4%
OthersN/A0.11.712.11000.0%
Total55.388.823.182.914.4%

Top Export Markets for Vitamins; Vitamin B1 and Its Derivatives, Unmixed from Russia in 2022:

  1. Armenia (634.0 kg)
  2. Azerbaijan (535.0 kg)
  3. Kazakhstan (502.0 kg)
  4. Uzbekistan (493.0 kg)
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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.

COVID Pandemic Instigates Global Vitamin Trade Growth
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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. 

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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...

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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...

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