Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary - 2023
Contents:
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary (CIF) - 2022
- Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary (FOB) - 2022
- Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary
- Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary (CIF) - 2022
In 2022, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $5,198 per ton, falling by -11.9% against the previous year. In general, the import price showed a mild downturn. The pace of growth was the most pronounced in 2017 an increase of 33% against the previous year. As a result, import price reached the peak level of $6,796 per ton. From 2018 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 Portugal ($11,558 per ton), while the price for Austria ($3,378 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary (FOB) - 2022
In 2022, the average export price for vitamins; vitamin c and its derivatives, unmixeds amounted to $6,560 per ton, remaining relatively unchanged against the previous year. In general, the export price, however, saw a perceptible decline. The growth pace was the most rapid in 2016 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices hit record highs at $10,561 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 Romania ($33,291 per ton), while the average price for exports to Germany ($2,433 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 Romania (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary
After three years of growth, purchases abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -28.4% to 1.3K tons in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 81%.
In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds shrank remarkably to $6.5M in 2022. Over the period under review, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2020 with an increase of 63%.
| Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 931 | 1,420 | 3,098 | 1,430 | 15.4% |
| Germany | 1,403 | 1,563 | 1,804 | 1,387 | -0.4% |
| Austria | 523 | 1,355 | 1,966 | 882 | 19.0% |
| Poland | 419 | 676 | 813 | 762 | 22.1% |
| Portugal | 273 | 686 | 732 | 679 | 35.5% |
| China | 398 | 780 | 943 | 678 | 19.4% |
| Slovenia | 219 | 673 | 713 | 380 | 20.2% |
| Others | 376 | 250 | 268 | 329 | -4.4% |
| Total | 4,543 | 7,403 | 10,338 | 6,526 | 12.8% |
Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Hungary in 2022:
- Germany (280.8 tons)
- Austria (261.1 tons)
- Poland (182.5 tons)
- China (148.8 tons)
- Netherlands (143.9 tons)
- Slovenia (87.8 tons)
- Portugal (58.7 tons)
Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary
In 2022, after three years of growth, there was significant decline in overseas shipments of vitamins; vitamin c and its derivatives, unmixeds, when their volume decreased by -28.1% to 171 tons. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 79%. As a result, the exports attained the peak of 238 tons, and then dropped markedly in the following year.
In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds declined markedly to $1.1M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports reached the peak of $1.6M, and then shrank significantly in the following year.
| Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 133 | 186 | 412 | 323 | 34.4% |
| Germany | 153 | 229 | 331 | 169 | 3.4% |
| Serbia | 60.0 | 35.2 | 74.1 | 160 | 38.7% |
| Czech Republic | 350 | 157 | 201 | 109 | -32.2% |
| Poland | 16.0 | 25.8 | 154 | 101 | 84.8% |
| Romania | 29.3 | 55.8 | 51.9 | 63.6 | 29.5% |
| Croatia | 55.8 | 72.6 | 63.4 | 52.3 | -2.1% |
| Slovenia | 32.7 | 53.9 | 45.5 | 35.4 | 2.7% |
| Others | 129 | 379 | 229 | 109 | -5.5% |
| Total | 958 | 1,195 | 1,561 | 1,123 | 5.4% |
Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Hungary in 2022:
- Germany (69.6 tons)
- Serbia (39.9 tons)
- Slovakia (30.6 tons)
- Poland (9.5 tons)
- Czech Republic (5.8 tons)
- Croatia (5.8 tons)
- Slovenia (3.6 tons)
- Romania (1.9 tons)
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This report provides an in-depth analysis of the vitamin market in Hungary.
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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 Hungary.
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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.
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...
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...
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.
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.
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...
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...
