Australia and Oceania: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in Australia and Oceania

The medicaments containing vitamins market in Australia and Oceania was finally on the rise to reach $X in 2022, after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Medicaments Containing Vitamins Production in Australia and Oceania

In value terms, medicaments containing vitamins production expanded to $X in 2022 estimated in export price. In general, production saw a buoyant increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Medicaments Containing Vitamins Exports

Exports in Australia and Oceania

In 2022, shipments abroad of medicaments containing vitamins and provitamins decreased by X% to X tons, falling for the second year in a row after seven years of growth. Overall, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, medicaments containing vitamins exports shrank to $X in 2022. In general, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2019 with an increase of X%. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

Australia prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by New Zealand (X tons), making up a X% share of total exports.

Australia was also the fastest-growing in terms of the medicaments containing vitamins and provitamins exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Australia increased by X percentage points.

In value terms, Australia ($X) remains the largest medicaments containing vitamins supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

In Australia, medicaments containing vitamins exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, saw a perceptible descent. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Medicaments Containing Vitamins Imports

Imports in Australia and Oceania

In 2022, purchases abroad of medicaments containing vitamins and provitamins decreased by X% to X tons, falling for the fifth year in a row after three years of growth. In general, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, medicaments containing vitamins imports contracted remarkably to $X in 2022. Over the period under review, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) represented the key importer of medicaments containing vitamins and provitamins, achieving X% of total imports. It was distantly followed by New Zealand (X tons), comprising a X% share of total imports. New Caledonia (X tons) and Papua New Guinea (X tons) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, New Caledonia (X%), New Zealand (X%) and Papua New Guinea (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. While the share of New Zealand (X p.p.), New Caledonia (X p.p.) and Papua New Guinea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported medicaments containing vitamins and provitamins in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by New Caledonia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, picking up by X% against the previous year. Overall, the import price recorded pronounced growth. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :