France: Vitamin Market Overview 2020

Vitamin Market Size in France

The revenue of the vitamin market in France amounted to $X in 2018, shrinking by -X% against the previous year. Over the period under review, the total market indicated a slight increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, vitamin consumption increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Over the period under review, the vitamin market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Vitamin Production in France

In value terms, vitamin production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated mild growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, vitamin production increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Vitamin production peaked at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

Vitamin Exports

Exports from France

Vitamin exports from France amounted to X tonnes in 2018, flattening at the previous year. Over the period under review, vitamin exports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, vitamin exports totaled $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. In that year, vitamin exports reached their peak of $X. From 2009 to 2018, the growth of vitamin exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes) was the main destination for vitamin exports from France, accounting for a X% share of total exports. Moreover, vitamin exports to the Netherlands exceeded the volume sent to the second major destination, Algeria (X tonnes), threefold. Spain (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+X% per year) and Spain (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for vitamin exports from France, comprising X% of total vitamin exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual growth rate of value to the Netherlands amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and China (+X% per year).

Export Prices by Country

In 2018, the average vitamin export price amounted to $X per tonne, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for provitamins and vitamins reached their maximum in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Algeria ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Vitamin Imports

Imports into France

In 2018, the amount of provitamins and vitamins imported into France amounted to X tonnes, standing approx. at the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, vitamin imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

Imports by Country

Switzerland (X tonnes), China (X tonnes) and Germany (X tonnes) were the main suppliers of vitamin imports to France, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Switzerland, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Switzerland ($X) and Germany ($X) appeared to be the largest vitamin suppliers to France, together comprising X% of total imports. These countries were followed by the UK, Belgium, the Netherlands and India, which together accounted for a further X terms of the main suppliers, India experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vitamin import price stood at $X per tonne in 2018, approximately equating the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform