Report Update: May 3, 2024

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

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Medicaments Containing Vitamins Price in Peru - 2021

Medicaments Containing Vitamins Price in Peru (CIF) - 2022

In 2022, the average medicaments containing vitamins import price amounted to $26,731 per ton, with a decrease of -4.1% against the previous year. In general, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 24%. Over the period under review, average import prices attained the maximum at $38,374 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($72,408 per ton), while the price for Bolivia ($4,638 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.0%), while the prices for the other major suppliers experienced a decline.

Medicaments Containing Vitamins Price in Peru (FOB) - 2021

In April 2020, the average medicaments containing vitamins export price amounted to $19,632 per ton, rising by 89% against the previous month. Overall, export price indicated resilient growth from January 2020 to April 2020: its price increased at an average monthly rate of +8.0% over the last three-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2020 figures, medicaments containing vitamins export price increased by +89.1% against March 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Ecuador ($52,362 per ton), while the average price for exports to the United Arab Emirates ($11,309 per ton) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+38.9%), while the prices for the other major destinations experienced more modest paces of growth.

Medicaments Containing Vitamins Imports in Peru

In 2022, the amount of medicaments containing vitamins and provitamins imported into Peru skyrocketed to 668 tons, picking up by 22% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing vitamins imports surged to $18M in 2022. Overall, imports, however, recorded a noticeable downturn.

Import of Medicaments Containing Vitamins in Peru (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	11.3	12.7	7.2	8.4	-9.4%
Germany	2.8	2.6	3.1	3.6	8.7%
Colombia	1.3	1.1	1.1	1.3	0.0%
United States	0.5	0.6	0.9	1.1	30.1%
Switzerland	0.6	0.4	0.3	0.4	-12.6%
Argentina	0.7	0.3	0.3	0.3	-24.6%
Canada	0.3	0.2	0.2	0.2	-12.6%
China	0.3	0.1	0.2	0.2	-12.6%
South Korea	0.4	0.3	0.2	0.2	-20.6%
Bolivia	N/A	N/A	0.1	0.1	0.0%
Chile	0.2	0.1	0.1	0.1	-20.6%
Paraguay	0.2	0.2	0.1	0.1	-20.6%
Spain	0.3	0.2	0.1	0.1	-30.7%
Others	1.5	1.8	1.4	1.6	2.2%
Total	20.2	20.5	15.3	17.9	-3.9%

Top Suppliers of Medicaments Containing Vitamins to Peru in 2022:

Germany (239.6 tons)
Mexico (115.8 tons)
United States (65.2 tons)
Colombia (57.8 tons)
China (26.7 tons)
Paraguay (24.2 tons)
Spain (21.2 tons)
Bolivia (17.9 tons)
Switzerland (16.4 tons)
Argentina (15.5 tons)
South Korea (13.3 tons)
Canada (12.5 tons)
Chile (10.3 tons)

Medicaments Containing Vitamins Exports in Peru

For the fourth year in a row, Peru recorded growth in shipments abroad of medicaments containing vitamins and provitamins, which increased by 24% to 561 tons in 2022. The total export volume increased at an average annual rate of +12.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, medicaments containing vitamins exports shrank to $6.4M in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 14%. As a result, the exports reached the peak of $6.9M, and then declined in the following year.

Export of Medicaments Containing Vitamins in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bolivia	1,235	1,553	1,283	1,204	-0.8%
Ecuador	904	638	1,112	1,026	4.3%
Honduras	649	305	681	628	-1.1%
Costa Rica	511	606	634	585	4.6%
Panama	439	490	629	580	9.7%
Nicaragua	491	450	464	428	-4.5%
Mexico	621	506	268	411	-12.9%
Guatemala	201	226	390	359	21.3%
El Salvador	171	177	230	212	7.4%
Dominican Republic	208	118	152	141	-12.2%
Others	843	940	1,017	862	0.7%
Total	6,273	6,010	6,861	6,435	0.9%

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

Nicaragua (115.9 tons)
Bolivia (113.8 tons)
Ecuador (61.4 tons)
Honduras (46.3 tons)
Panama (43.6 tons)
Costa Rica (39.6 tons)
Guatemala (26.9 tons)
Mexico (26.7 tons)
El Salvador (18.9 tons)
Dominican Republic (10.1 tons)

Source: IndexBox Market Intelligence Platform

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

Peru

Data coverage:

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

Reasons to buy this report:

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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
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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