Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania - 2023

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania (CIF) - 2022
  2. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania (FOB) - 2022
  3. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania
  4. Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $19,671 per ton, with a decrease of -5.5% against the previous year. Overall, the import price saw a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of 88% against the previous year. The import price peaked at $21,868 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($79,844 per ton), while the price for the Czech Republic ($14,396 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+20.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania (FOB) - 2022

In 2022, the average export price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $62,958 per ton, surging by 29% against the previous year. In general, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 an increase of 100%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

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 Latvia ($174,231 per ton), while the average price for exports to Belarus ($18,000 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 Latvia (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania

In 2022, supplies from abroad of vitamins; vitamin B6 and its derivatives, unmixeds increased by 17% to 6.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt decline.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds reached $126K in 2022. In general, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.221.156.677.838.6%
Czech RepublicN/AN/A29.228.4-2.7%
Netherlands64.23.65.85.4-56.2%
Spain1.80.88.34.333.7%
Poland33.814.35.03.6-52.6%
Latvia62.124.30.30.3-83.1%
Bulgaria7.4N/AN/AN/A0%
DenmarkN/A9.5N/AN/A0%
Others9.19.98.86.0-13.0%
Total20783.5114126-15.3%

Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Lithuania in 2022:

  1. China (4050.0 kg)
  2. Czech Republic (1974.0 kg)
  3. Spain (100.0 kg)
  4. Netherlands (90.0 kg)
  5. Poland (45.0 kg)
  6. Latvia (20.0 kg)

Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania

In 2022, exports of vitamins; vitamin b6 and its derivatives, unmixeds from Lithuania shrank dramatically to 71 kg, falling by -72.6% against the year before. In general, exports showed a dramatic descent. The smallest decline of -61.4% was in 2021.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds reduced rapidly to $4.5K in 2022. Over the period under review, exports continue to indicate a precipitous contraction. The smallest decline of -22.9% was in 2021.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia3.32.02.22.3-11.3%
Russia28.16.61.51.3-64.1%
EstoniaN/AN/AN/A0.80%
Belarus7.50.5N/A0.1-76.3%
HungaryN/A2.72.9N/A7.4%
CroatiaN/A1.2N/AN/A0%
United KingdomN/AN/A5.9N/A0%
PolandN/A1.3N/AN/A0%
ItalyN/A2.0N/AN/A0%
Uzbekistan3.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total42.516.412.64.5-52.7%

Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Lithuania in 2022:

  1. Estonia (35.0 kg)
  2. Russia (18.0 kg)
  3. Latvia (13.0 kg)
  4. Belarus (5.0 kg)

Source: IndexBox Market Intelligence Platform

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