Report Update: Apr 1, 2024

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

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Medicaments Containing Vitamins Price in New Zealand - 2023

Medicaments Containing Vitamins Price in New Zealand (CIF) - 2022

In 2022, the average medicaments containing vitamins import price amounted to $50,062 per ton, with a decrease of -4.2% against the previous year. Overall, the import price saw a noticeable decline. The pace of growth appeared the most rapid in 2013 an increase of 6.5%. As a result, import price reached the peak level of $87,314 per ton. From 2014 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 Australia ($55,080 per ton), while the price for Canada ($17,061 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced a decline.

Medicaments Containing Vitamins Price in New Zealand (FOB) - 2022

The average medicaments containing vitamins export price stood at $34,386 per ton in 2022, with a decrease of -6.9% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, medicaments containing vitamins export price decreased by -23.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 70%. Over the period under review, the average export prices reached the maximum at $46,227 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($75,376 per ton), while the average price for exports to Taiwan (Chinese) ($30,708 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 Saudi Arabia (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Medicaments Containing Vitamins Imports in New Zealand

In 2022, after three years of growth, there was significant decline in supplies from abroad of medicaments containing vitamins and provitamins, when their volume decreased by -7.1% to 232 tons. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports reached the peak of 249 tons, and then dropped in the following year.

In value terms, medicaments containing vitamins imports shrank to $12M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of $13M, and then reduced in the following year.

Import of Medicaments Containing Vitamins in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	1.6	2.3	3.4	3.2	26.0%
Australia	1.1	0.7	1.3	1.5	10.9%
United States	1.4	0.6	2.0	1.5	2.3%
South Korea	1.2	1.3	2.1	1.3	2.7%
Germany	2.8	1.1	1.6	1.1	-26.8%
Spain	0.3	0.4	0.4	0.7	32.6%
Indonesia	N/A	N/A	N/A	0.6	0%
Poland	0.7	2.0	0.1	N/A	-62.2%
Others	1.3	1.6	2.3	1.7	9.4%
Total	10.3	10.0	13.0	11.6	4.0%

Top Suppliers of Medicaments Containing Vitamins to New Zealand in 2022:

Switzerland (63.8 tons)
United States (27.4 tons)
Australia (27.0 tons)
South Korea (26.0 tons)
Germany (21.9 tons)
Spain (14.1 tons)
Indonesia (11.7 tons)

Medicaments Containing Vitamins Exports in New Zealand

For the fourth consecutive year, New Zealand recorded growth in overseas shipments of medicaments containing vitamins and provitamins, which increased by 50% to 297 tons in 2022. Overall, exports showed significant growth. 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 soared to $10M in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Medicaments Containing Vitamins in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	7.4	51.5	395	3,282	662.6%
Austria	46.6	567	1,204	1,841	240.6%
Australia	1,463	2,587	2,264	1,839	7.9%
Belgium	826	294	485	781	-1.8%
Chile	158	N/A	594	602	56.2%
Taiwan (Chinese)	154	422	337	361	32.8%
Italy	74.6	N/A	106	305	59.9%
Vietnam	N/A	N/A	383	256	-33.2%
Japan	N/A	N/A	374	219	-41.4%
South Korea	693	482	156	163	-38.3%
China	19.7	N/A	3.0	142	93.2%
Qatar	223	246	235	76.8	-29.9%
Others	1,920	1,101	761	331	-44.3%
Total	5,585	5,751	7,296	10,201	22.2%

Top Export Markets for Medicaments Containing Vitamins from New Zealand in 2022:

United States (106.9 tons)
Australia (59.9 tons)
Belgium (25.4 tons)
Austria (24.4 tons)
Chile (19.6 tons)
Taiwan (Chinese) (11.8 tons)
Italy (9.9 tons)
Vietnam (8.3 tons)
Japan (7.1 tons)
South Korea (5.3 tons)
China (4.6 tons)
Qatar (2.5 tons)

Source: IndexBox Market Intelligence Platform

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

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
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