CIS: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in CIS

The CIS medicaments containing vitamins market expanded markedly to $X in 2022, with an increase of X% against the previous year. The total consumption indicated temperate growth 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, consumption increased by X% against 2016 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Medicaments Containing Vitamins Production in CIS

In value terms, medicaments containing vitamins production shrank to $X in 2022 estimated in export price. In general, production, however, posted perceptible growth. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Medicaments Containing Vitamins Exports

Exports in CIS

In 2022, the amount of medicaments containing vitamins and provitamins exported in the CIS reached X tons, growing by X% on 2021. Total exports indicated a noticeable expansion from 2012 to 2022: its volume 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, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, medicaments containing vitamins exports rose markedly to $X in 2022. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Russia (X tons) was the major exporter of medicaments containing vitamins and provitamins, making up X% of total exports. Belarus (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Armenia (X%), Kazakhstan (X%) and Uzbekistan (X%).

From 2012 to 2022, average annual rates of growth with regard to medicaments containing vitamins exports from Russia stood at X%. At the same time, Uzbekistan (X%), Kazakhstan (X%) and Armenia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.), Kazakhstan (X p.p.) and Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest medicaments containing vitamins supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total exports. It was followed by Belarus, with an X% share.

In Russia, medicaments containing vitamins exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price 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, medicaments containing vitamins export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Medicaments Containing Vitamins Imports

Imports in CIS

Medicaments containing vitamins imports expanded modestly to X tons in 2022, picking up by X% on the previous year. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, medicaments containing vitamins imports expanded rapidly to $X in 2022. Total imports indicated a temperate 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, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2019 when imports increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

Russia represented the largest importing country with an import of about X tons, which recorded X% of total imports. Uzbekistan (X tons) ranks second in terms of the total imports with a X% share, followed by Kazakhstan (X%) and Azerbaijan (X%). Belarus (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to medicaments containing vitamins imports into Russia stood at X%. At the same time, Azerbaijan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Belarus and Kazakhstan experienced a relatively flat trend pattern. From 2012 to 2022, the share of Uzbekistan and Azerbaijan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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