Germany: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in Germany

The German medicaments containing vitamins market expanded rapidly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption continues to indicate prominent growth. Medicaments containing vitamins consumption peaked in 2022 and is likely to see gradual growth in years to come.

Medicaments Containing Vitamins Production in Germany

In value terms, medicaments containing vitamins production totaled $X in 2022 estimated in export price. In general, the total production indicated a noticeable 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, production increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Medicaments containing vitamins production peaked in 2022 and is likely to see steady growth in the immediate term.

Medicaments Containing Vitamins Exports

Exports from Germany

Medicaments containing vitamins exports from Germany fell notably to X tons in 2022, waning by X% against 2021. Overall, exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell notably in the following year.

In value terms, medicaments containing vitamins exports fell notably to $X in 2022. Over the period under review, exports continue to indicate a slight curtailment. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X tons), Russia (X tons) and Poland (X tons) were the main destinations of medicaments containing vitamins exports from Germany, together comprising X% of total exports.

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

In value terms, Russia ($X), Switzerland ($X) and the Netherlands ($X) were the largest markets for medicaments containing vitamins exported from Germany worldwide, together accounting for X% of total exports. Poland, the UK, Spain, the Czech Republic, Italy, Brazil, France, Argentina, Portugal and Chile lagged somewhat behind, together accounting for a further X%.

Argentina, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination 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. In general, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs 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 destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Argentina ($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 the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Medicaments Containing Vitamins Imports

Imports into Germany

In 2022, purchases abroad of medicaments containing vitamins and provitamins increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, total imports indicated a measured 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, medicaments containing vitamins imports soared to $X in 2022. The total import 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 appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Poland (X tons), Norway (X tons) and France (X tons) were the main suppliers of medicaments containing vitamins imports to Germany, together accounting for X% of total imports. The Netherlands, Portugal, Italy, Austria, the United States and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Poland ($X) were the largest medicaments containing vitamins suppliers to Germany, together accounting for X% of total imports. Austria, Norway, the United States, Switzerland, Italy and Portugal lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Portugal, 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 average medicaments containing vitamins import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price showed a slight decline. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Portugal ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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