Report Update: May 3, 2024

China - Medicaments Containing Vitamins And Provitamins - Market Analysis, Forecast, Size, Trends And Insights

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Medicaments Containing Vitamins Price in China - 2023

Medicaments Containing Vitamins Price in China (CIF) - 2023

In September 2023, the average medicaments containing vitamins import price amounted to $29,306 per ton, rising by 36% against the previous month. Over the period under review, the import price, however, showed a slight downturn. The pace of growth was the most pronounced in February 2023 an increase of 97% m-o-m. The import price peaked at $42,910 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($132K per ton), while the price for the Netherlands ($6,088 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Medicaments Containing Vitamins Price in China (FOB) - 2022

In 2022, the average medicaments containing vitamins export price amounted to $6,415 per ton, with a decrease of -17.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2013 an increase of 20% against the previous year. The export price peaked at $8,588 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($30,861 per ton), while the average price for exports to Bangladesh ($2,528 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 Myanmar (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Medicaments Containing Vitamins Imports in China

In 2022, approx. 14K tons of medicaments containing vitamins and provitamins were imported into China; approximately equating 2021 figures. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports attained the peak of 14K tons, leveling off in the following year.

In value terms, medicaments containing vitamins imports fell to $380M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.1% 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 +51.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 57%. As a result, imports reached the peak of $395M, and then dropped modestly in the following year.

Import of Medicaments Containing Vitamins in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	105	76.7	156	123	5.4%
Argentina	34.8	29.3	49.2	64.7	23.0%
Netherlands	20.6	26.7	32.0	43.0	27.8%
United States	30.4	20.4	42.2	25.8	-5.3%
Others	86.0	98.5	115	124	13.0%
Total	277	252	395	380	11.1%

Top Suppliers of Medicaments Containing Vitamins to China in 2022:

Netherlands (8.5K tons)
United States (1.6K tons)
Germany (1.6K tons)
Argentina (0.8K tons)

Medicaments Containing Vitamins Exports in China

In 2022, medicaments containing vitamins exports from China soared to 12K tons, with an increase of 19% against the year before. The total export volume increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing vitamins exports reduced slightly to $77M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year. As a result, the exports attained the peak of $78M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Medicaments Containing Vitamins in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Philippines	7.9	15.2	13.3	14.0	21.0%
Australia	10.1	7.5	8.1	9.0	-3.8%
Sweden	6.2	4.5	5.3	5.8	-2.2%
Myanmar	0.9	5.1	6.4	4.4	69.7%
Malaysia	1.4	1.8	1.7	2.4	19.7%
Pakistan	1.3	0.9	1.2	2.1	17.3%
Nigeria	4.1	3.5	2.2	2.0	-21.3%
Madagascar	1.2	1.6	1.7	1.5	7.7%
Tanzania	1.4	0.9	1.2	1.4	0.0%
Angola	0.7	1.0	0.8	1.0	12.6%
Bangladesh	0.7	1.7	0.8	1.0	12.6%
Iraq	0.1	0.1	0.7	1.0	115.4%
Benin	0.2	0.1	0.2	0.5	35.7%
Others	34.9	34.5	34.6	30.7	-4.2%
Total	70.9	78.2	78.1	76.9	2.7%

Top Export Markets for Medicaments Containing Vitamins from China in 2022:

Philippines (1147.3 tons)
Myanmar (1126.3 tons)
Australia (690.7 tons)
Nigeria (546.1 tons)
Tanzania (507.7 tons)
Pakistan (426.7 tons)
Bangladesh (400.8 tons)
Madagascar (386.8 tons)
Iraq (293.7 tons)
Angola (269.2 tons)
Malaysia (197.9 tons)
Sweden (187.0 tons)
Benin (171.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medicaments containing vitamins market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21201360 - Medicaments containing vitamins, provitamins, derivatives and intermixtures thereof, for therapeutic or prophylactic uses, put up in measured doses or for retail sale

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023