Eastern Europe: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in Eastern Europe

The East European medicaments containing vitamins market amounted to $X in 2022, flattening at the previous year. Overall, consumption recorded a mild descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Medicaments Containing Vitamins Production in Eastern Europe

In value terms, medicaments containing vitamins production reduced to $X in 2022 estimated in export price. In general, production saw a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Medicaments Containing Vitamins Exports

Exports in Eastern Europe

In 2022, after three years of growth, there was decline in shipments abroad of medicaments containing vitamins and provitamins, when their volume decreased by X% to X tons. The total export volume 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 in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, medicaments containing vitamins exports fell to $X in 2022. Total exports indicated notable 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Hungary was the main exporting country with an export of around X tons, which resulted at X% of total exports. Poland (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Russia (X%) and Lithuania (X%). The following exporters - Romania (X tons), the Czech Republic (X tons), Bulgaria (X tons), Slovakia (X tons), Belarus (X tons), Ukraine (X tons) and Estonia (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments containing vitamins supplying countries in Eastern Europe were Poland ($X), Hungary ($X) and Russia ($X), together accounting for X% of total exports. The Czech Republic, Romania, Bulgaria, Slovakia, Lithuania, Ukraine, Belarus and Estonia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Romania, with a CAGR of X%, recorded 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

In 2022, the export price in Eastern Europe amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Medicaments Containing Vitamins Imports

Imports in Eastern Europe

In 2022, the amount of medicaments containing vitamins and provitamins imported in Eastern Europe shrank to X tons, reducing by X% against the previous year. Total imports indicated tangible growth 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, medicaments containing vitamins imports stood at $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia was the main importing country with an import of about X tons, which accounted for X% of total imports. Poland (X tons) ranks second in terms of the total imports with a X% share, followed by Ukraine (X%), Hungary (X%) and the Czech Republic (X%). Romania (X tons) and Lithuania (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), the Czech Republic (X%), Lithuania (X%), Hungary (X%) and Romania (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Poland and the Czech Republic increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Romania ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :