Austria: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in Austria

In 2022, the Austrian medicaments containing vitamins market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, enjoyed a resilient increase. Medicaments containing vitamins consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Medicaments Containing Vitamins Production in Austria

In value terms, medicaments containing vitamins production amounted to $X in 2022 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Medicaments Containing Vitamins Exports

Exports from Austria

Medicaments containing vitamins exports from Austria contracted to X tons in 2022, with a decrease of X% on the previous year. Over the period under review, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, medicaments containing vitamins exports fell modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Spain (X tons) and Poland (X tons) were the main destinations of medicaments containing vitamins exports from Austria, with a combined X% share of total exports. Slovenia, Belgium, Saudi Arabia, Croatia, the Netherlands, Ukraine, Switzerland, Denmark, Russia and Serbia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for medicaments containing vitamins exported from Austria were Germany ($X), Poland ($X) and Saudi Arabia ($X), together accounting for X% of total exports. Denmark, Croatia, Russia, Slovenia, Spain, the Netherlands, Belgium, Ukraine, Serbia and Switzerland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Denmark, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average medicaments containing vitamins export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Denmark ($X per ton), while the average price for exports to Spain ($X 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 Denmark (X%), while the prices for the other major destinations experienced mixed trend patterns.

Medicaments Containing Vitamins Imports

Imports into Austria

In 2022, imports of medicaments containing vitamins and provitamins into Austria contracted significantly to X tons, with a decrease of X% on the previous year's figure. In general, imports, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced sharply in the following year.

In value terms, medicaments containing vitamins imports shrank notably to $X in 2022. Over the period under review, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest medicaments containing vitamins supplier to Austria, accounting for a X% share of total imports. Moreover, medicaments containing vitamins imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. The third position in this ranking was taken by Switzerland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Switzerland (X% per year).

In value terms, Germany ($X), the UK ($X) and the Netherlands ($X) constituted the largest medicaments containing vitamins suppliers to Austria, together accounting for X% of total imports. Sweden, Switzerland, France and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Sweden, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medicaments containing vitamins import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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