EU: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in the EU

For the eleventh year in a row, the EU medicaments containing vitamins market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption continues to indicate a resilient increase. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Medicaments Containing Vitamins Production in the EU

In value terms, medicaments containing vitamins production reached $X in 2022 estimated in export price. The total output 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 most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Medicaments Containing Vitamins Exports

Exports in the EU

In 2022, overseas shipments of medicaments containing vitamins and provitamins decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Total exports indicated a buoyant increase 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 increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted in the following year.

In value terms, medicaments containing vitamins exports shrank to $X in 2022. In general, exports continue to indicate a mild decrease. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany was the largest exporting country with an export of around X tons, which resulted at X% of total exports. France (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%) and Sweden (X%). Hungary (X tons), Belgium (X tons), Greece (X tons), Italy (X tons), Poland (X tons), Austria (X tons), Cyprus (X tons) and Spain (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to medicaments containing vitamins exports from Germany stood at X%. At the same time, Cyprus (X%), Sweden (X%), the Netherlands (X%), Hungary (X%), Belgium (X%), Austria (X%), Greece (X%) and Italy (X%) displayed positive paces of growth. Moreover, Cyprus emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Poland (X%) and Spain (X%) illustrated a downward trend over the same period. While the share of Germany (X p.p.), the Netherlands (X p.p.), Sweden (X p.p.), Cyprus (X p.p.) and Hungary (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Greece (X p.p.), Italy (X p.p.), Spain (X p.p.), Poland (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest medicaments containing vitamins supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

In Germany, medicaments containing vitamins exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, flattening at the previous year. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per ton), while Cyprus ($X per ton) was amongst the lowest.

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

Medicaments Containing Vitamins Imports

Imports in the EU

After four years of growth, overseas purchases of medicaments containing vitamins and provitamins decreased by X% to X tons in 2022. Total imports indicated a prominent 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, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, medicaments containing vitamins imports declined to $X in 2022. Overall, imports saw a mild slump. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), France (X tons) and Belgium (X tons) represented roughly X% of total imports in 2022. Poland (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (X%) and Spain (X%). Italy (X tons), Hungary (X tons), Ireland (X tons), Austria (X tons), the Czech Republic (X tons), Greece (X tons) and Sweden (X tons) followed a long way behind the leaders.

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

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Poland, Ireland, Belgium, Austria, Italy, Spain, Hungary, the Czech Republic, Greece and Sweden lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Ireland, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the import price in the European Union amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Ireland ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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