Mexico - Medicaments Containing Vitamins And Provitamins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedicaments Containing Vitamins Price in Mexico - 2023
Contents:
- Medicaments Containing Vitamins Price in Mexico (CIF) - 2023
- Medicaments Containing Vitamins Price in Mexico (FOB) - 2022
- Medicaments Containing Vitamins Imports in Mexico
- Medicaments Containing Vitamins Exports in Mexico
Medicaments Containing Vitamins Price in Mexico (CIF) - 2023
The average medicaments containing vitamins import price stood at $72,398 per ton in August 2023, growing by 1,191% against the previous month. In general, the import price continues to indicate a significant expansion. Over the period under review, average import prices attained the peak figure at $130K per ton in October 2022; however, from November 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($149K per ton), while the price for Canada ($63,204 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Argentina (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Medicaments Containing Vitamins Price in Mexico (FOB) - 2022
In 2022, the average medicaments containing vitamins export price amounted to $19,544 per ton, dropping by -22.7% against the previous year. Over the period under review, the export price saw a deep setback. The growth pace was the most rapid in 2014 an increase of 29%. The export price peaked at $42,482 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($42,353 per ton), while the average price for exports to Costa Rica ($8,997 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 Colombia (+1.7%), while the prices for the other major destinations experienced a decline.
Medicaments Containing Vitamins Imports in Mexico
In 2022, overseas purchases of medicaments containing vitamins and provitamins decreased by -9.7% to 5.3K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 +60.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41%. As a result, imports attained the peak of 5.9K tons, and then shrank in the following year.
In value terms, medicaments containing vitamins imports fell to $61M in 2022. In general, imports showed a abrupt decrease.
Import of Medicaments Containing Vitamins in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 22.8 | 23.9 | 32.9 | 27.2 | 6.1% |
Canada | 15.1 | 9.6 | 6.6 | 12.8 | -5.4% |
Argentina | 7.8 | 5.9 | 8.9 | 11.7 | 14.5% |
France | 13.7 | 11.8 | 6.8 | 3.6 | -35.9% |
Germany | 5.3 | 9.3 | 6.5 | 2.6 | -21.1% |
Switzerland | 14.8 | 12.9 | N/A | N/A | -12.8% |
Others | 7.0 | 7.6 | 3.1 | 3.0 | -24.6% |
Total | 86.5 | 81.0 | 64.8 | 61.0 | -11.0% |
Top Suppliers of Medicaments Containing Vitamins to Mexico in 2022:
- United States (4481.0 tons)
- Argentina (333.9 tons)
- Canada (195.9 tons)
- Germany (156.5 tons)
- France (130.9 tons)
Medicaments Containing Vitamins Exports in Mexico
For the fourth consecutive year, Mexico recorded growth in overseas shipments of medicaments containing vitamins and provitamins, which increased by 19% to 1.9K tons in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, medicaments containing vitamins exports contracted to $37M in 2022. Overall, exports, however, recorded a mild downturn. The pace of growth was the most pronounced in 2020 with an increase of 25% against the previous year. As a result, the exports attained the peak of $49M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Medicaments Containing Vitamins in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 11.7 | 12.7 | 14.5 | 16.7 | 12.6% |
Ecuador | 7.6 | 8.6 | 6.4 | 6.2 | -6.6% |
Guatemala | 6.4 | 14.7 | 5.1 | 4.5 | -11.1% |
Peru | 3.9 | 4.1 | 5.4 | 2.1 | -18.6% |
Colombia | 2.6 | 2.9 | 3.1 | 1.8 | -11.5% |
Honduras | 1.4 | 1.1 | 1.3 | 1.3 | -2.4% |
Dominican Republic | 1.7 | 1.1 | 1.6 | 1.3 | -8.6% |
El Salvador | 1.3 | 1.7 | 1.0 | 1.1 | -5.4% |
Nicaragua | 1.0 | 0.9 | 1.0 | 1.1 | 3.2% |
Costa Rica | 0.9 | 1.0 | 0.9 | 1.0 | 3.6% |
Others | 0.7 | 0.5 | 0.2 | 0.1 | -47.7% |
Total | 39.3 | 49.2 | 40.4 | 37.1 | -1.9% |
Top Export Markets for Medicaments Containing Vitamins from Mexico in 2022:
- Panama (853.0 tons)
- Guatemala (246.9 tons)
- Ecuador (177.6 tons)
- Costa Rica (112.1 tons)
- Honduras (110.0 tons)
- Dominican Republic (107.6 tons)
- Nicaragua (105.4 tons)
- Peru (80.3 tons)
- El Salvador (61.2 tons)
- Colombia (42.3 tons)
This report provides an in-depth analysis of the medicaments containing vitamins market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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