Report Update: May 3, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Medicaments Containing Vitamins Price in India - 2023

Medicaments Containing Vitamins Price in India (FOB) - 2022

The average medicaments containing vitamins export price stood at $6,847 per ton in 2022, falling by -12.4% against the previous year. Overall, the export price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2020 an increase of 11% against the previous year. As a result, the export price reached the peak level of $10,914 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($11,766 per ton), while the average price for exports to Venezuela ($1,642 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 Ghana (+1.9%), while the prices for the other major destinations experienced a decline.

Medicaments Containing Vitamins Price in India (CIF) - 2022

In 2022, the average medicaments containing vitamins import price amounted to $104,080 per ton, with a decrease of -17.7% against the previous year. Overall, the import price saw a perceptible reduction. The pace of growth was the most pronounced in 2015 an increase of 33%. As a result, import price attained the peak level of $187,302 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Hungary ($897,281 per ton), while the price for China ($40,693 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Medicaments Containing Vitamins Exports in India

In 2022, the amount of medicaments containing vitamins and provitamins exported from India expanded markedly to 39K tons, picking up by 7.8% against the previous year's figure. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, medicaments containing vitamins exports shrank to $269M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $285M, and then declined in the following year.

Export of Medicaments Containing Vitamins in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Nigeria	24.2	23.0	29.8	24.3	0.1%
United Kingdom	10.1	16.2	22.3	19.5	24.5%
France	7.7	11.3	17.4	14.2	22.6%
Ghana	13.4	13.6	11.7	10.5	-7.8%
Sri Lanka	9.3	10.0	12.0	9.9	2.1%
Nepal	7.5	7.9	9.1	7.4	-0.4%
Myanmar	11.7	12.3	15.0	5.3	-23.2%
Kenya	4.6	3.9	5.5	4.5	-0.7%
Tanzania	3.2	1.9	4.1	3.3	1.0%
Angola	5.2	2.8	3.2	3.0	-16.8%
Dominican Republic	1.8	2.1	3.4	2.7	14.5%
Sierra Leone	0.7	1.4	2.0	1.6	31.7%
Venezuela	0.8	0.5	1.8	1.5	23.3%
Others	132	146	147	161	6.8%
Total	232	253	285	269	5.1%

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

Nigeria (6.1K tons)
France (2.8K tons)
Nepal (2.0K tons)
Ghana (1.9K tons)
Sri Lanka (1.9K tons)
Tanzania (1.8K tons)
United Kingdom (1.7K tons)
Kenya (1.5K tons)
Dominican Republic (1.2K tons)
Angola (0.9K tons)
Myanmar (0.9K tons)
Venezuela (0.9K tons)
Sierra Leone (0.8K tons)

Medicaments Containing Vitamins Imports in India

Medicaments containing vitamins imports into India surged to 69 tons in 2022, growing by 63% compared with 2021 figures. In general, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing vitamins imports soared to $7.2M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Medicaments Containing Vitamins in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	95.6	232	937	2,001	175.6%
Hungary	798	809	838	1,576	25.5%
United States	109	60.8	1,006	626	79.1%
South Korea	352	322	302	514	13.5%
Switzerland	2,116	2,900	530	459	-39.9%
Cuba	138	224	229	392	41.6%
Argentina	304	259	226	357	5.5%
Vietnam	81.3	71.7	93.1	159	25.1%
Peru	57.0	62.7	70.5	144	36.2%
New Zealand	73.0	75.0	76.6	131	21.5%
China	62.5	66.0	30.4	82.8	9.8%
Germany	579	35.3	56.7	42.5	-58.1%
Others	966	711	968	693	-10.5%
Total	5,731	5,828	5,362	7,178	7.8%

Top Suppliers of Medicaments Containing Vitamins to India in 2022:

Sweden (35.4 tons)
United States (6.2 tons)
Cuba (3.4 tons)
South Korea (3.3 tons)
Peru (3.1 tons)
Argentina (3.1 tons)
New Zealand (2.0 tons)
China (2.0 tons)
Vietnam (1.9 tons)
Hungary (1.8 tons)
Switzerland (1.5 tons)
Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medicaments containing vitamins market in India. 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:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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
Find deeper insights into current market developments
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