Vietnam - Medicaments Containing Vitamins And Provitamins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedicaments Containing Vitamins Price in Vietnam - 2022
Contents:
- Medicaments Containing Vitamins Price in Vietnam (CIF) - 2022
- Medicaments Containing Vitamins Price in Vietnam (FOB) - 2022
- Medicaments Containing Vitamins Imports in Vietnam
- Medicaments Containing Vitamins Exports in Vietnam
Medicaments Containing Vitamins Price in Vietnam (CIF) - 2022
In 2022, the average medicaments containing vitamins import price amounted to $23,875 per ton, with an increase of 3.4% against the previous year. Over the period under review, the import price saw a mild increase. The most prominent rate of growth was recorded in 2017 an increase of 45%. Over the period under review, average import prices attained the maximum at $43,381 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 Indonesia ($82,907 per ton), while the price for the United States ($8,869 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Medicaments Containing Vitamins Price in Vietnam (FOB) - 2022
In 2022, the average medicaments containing vitamins export price amounted to $12,752 per ton, which is down by -10.8% against the previous year. In general, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2015 an increase of 32% against the previous year. Over the period under review, the average export prices hit record highs at $26,350 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($71,628 per ton), while the average price for exports to Nigeria ($4,184 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 Cambodia (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Medicaments Containing Vitamins Imports in Vietnam
In 2022, purchases abroad of medicaments containing vitamins and provitamins decreased by -11% to 4.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +41.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of 4.7K tons, and then reduced in the following year.
In value terms, medicaments containing vitamins imports declined to $99M in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, imports reached the peak of $108M, and then declined in the following year.
| Import of Medicaments Containing Vitamins in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 15.3 | 10.4 | 13.5 | 29.4 | 24.3% |
| Indonesia | 14.2 | 17.4 | 9.4 | 11.5 | -6.8% |
| United States | 4.7 | 10.5 | 0.8 | 11.3 | 34.0% |
| South Korea | 7.9 | 11.4 | 13.9 | 8.6 | 2.9% |
| Thailand | 4.5 | 4.7 | 8.4 | 5.0 | 3.6% |
| France | 5.3 | 5.3 | 4.8 | 4.2 | -7.5% |
| India | 3.5 | 5.2 | 2.7 | 3.2 | -2.9% |
| Germany | 0.9 | 1.3 | 3.8 | 2.8 | 46.0% |
| Japan | 3.1 | 5.2 | 3.9 | 2.6 | -5.7% |
| China | 1.7 | 1.2 | 3.1 | 1.8 | 1.9% |
| Poland | 1.3 | 0.6 | 3.2 | 1.7 | 9.4% |
| Taiwan (Chinese) | 1.3 | 1.3 | 1.5 | 1.1 | -5.4% |
| Cyprus | 0.5 | 0.2 | 0.4 | 0.3 | -15.7% |
| Others | 18.0 | 15.9 | 38.2 | 15.5 | -4.9% |
| Total | 82.3 | 90.6 | 108 | 99.1 | 6.4% |
Top Suppliers of Medicaments Containing Vitamins to Vietnam in 2022:
- United States (1274.9 tons)
- Australia (850.7 tons)
- South Korea (273.6 tons)
- Indonesia (138.6 tons)
- Thailand (123.7 tons)
- China (76.8 tons)
- France (70.7 tons)
- Germany (65.7 tons)
- India (62.5 tons)
- Japan (59.2 tons)
- Poland (54.7 tons)
- Taiwan (Chinese) (43.9 tons)
- Cyprus (6.7 tons)
Medicaments Containing Vitamins Exports in Vietnam
In 2022, approx. 1.9K tons of medicaments containing vitamins and provitamins were exported from Vietnam; increasing by 47% against the previous year's figure. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 211%. As a result, the exports reached the peak of 2.3K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, medicaments containing vitamins exports soared to $24M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 52%. As a result, the exports attained the peak of $30M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Medicaments Containing Vitamins in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | 4.8 | 7.3 | 52.1% |
| Nigeria | N/A | 7.9 | 4.1 | 4.3 | -26.2% |
| Cambodia | 8.3 | 10.1 | 1.6 | 4.2 | -20.3% |
| Hong Kong SAR | N/A | N/A | N/A | 1.3 | 0% |
| Saudi Arabia | 0.8 | 1.8 | 0.8 | 0.9 | 4.0% |
| Malaysia | 1.4 | 0.9 | 0.8 | 0.8 | -17.0% |
| Russia | 1.4 | 0.1 | 0.7 | 0.7 | -20.6% |
| Philippines | 0.7 | 0.8 | 0.6 | 0.5 | -10.6% |
| Myanmar | 3.2 | 3.0 | 1.4 | 0.2 | -60.3% |
| Oman | 0.2 | 0.4 | 0.2 | 0.2 | 0.0% |
| Others | 3.5 | 4.6 | 3.1 | 3.4 | -1.0% |
| Total | 19.5 | 29.6 | 18.2 | 23.9 | 7.0% |
Top Export Markets for Medicaments Containing Vitamins from Vietnam in 2022:
- Nigeria (1031.1 tons)
- Japan (362.7 tons)
- Russia (102.7 tons)
- Cambodia (58.0 tons)
- Oman (45.9 tons)
- Hong Kong SAR (34.5 tons)
- Saudi Arabia (32.2 tons)
- Malaysia (31.1 tons)
- Philippines (26.3 tons)
- Myanmar (5.1 tons)
This report provides an in-depth analysis of the medicaments containing vitamins market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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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