Germany: Vitamin Market Overview 2020

Vitamin Market Size in Germany

The revenue of the vitamin market in Germany amounted to $X in 2018, coming down by -X% against the previous year. Over the period under review, vitamin consumption, however, continues to indicate a strong increase. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, the vitamin market attained its maximum level at $X in 2010; however, from 2011 to 2018, consumption remained at a lower figure.

Vitamin Production in Germany

In value terms, vitamin production stood at $X in 2018 estimated in export prices. Overall, vitamin production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, vitamin production attained its peak figure level at $X in 2009; however, from 2010 to 2018, production failed to regain its momentum.

Vitamin Exports

Exports from Germany

In 2018, approx. X tonnes of provitamins and vitamins were exported from Germany; rising by X% against the previous year. Over the period under review, vitamin exports, however, continue to indicate an abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. In that year, vitamin exports reached their peak of X tonnes. From 2015 to 2018, the growth of vitamin exports remained at a somewhat lower figure.

In value terms, vitamin exports amounted to $X in 2018. Overall, vitamin exports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes) was the main destination for vitamin exports from Germany, with a X% share of total exports. Moreover, vitamin exports to the Netherlands exceeded the volume sent to the second major destination, the U.S. (X tonnes), twofold. Singapore (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 totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Singapore (-X% per year).

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

From 2007 to 2018, the average annual growth rate of value to the Netherlands totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and Singapore (-X% per year).

Export Prices by Country

In 2018, the average vitamin export price amounted to $X per tonne, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. In that year, the average export prices for provitamins and vitamins attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for provitamins and vitamins remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per tonne), while the average price for exports to Poland ($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 Austria, while the prices for the other major destinations experienced more modest paces of growth.

Vitamin Imports

Imports into Germany

In 2018, approx. X tonnes of provitamins and vitamins were imported into Germany; approximately equating the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. In that year, vitamin imports attained their peak of X tonnes. From 2011 to 2018, the growth of vitamin imports remained at a lower figure.

In value terms, vitamin imports totaled $X in 2018. Over the period under review, the total imports indicated a resilient expansion from 2007 to 2018: its value increased 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 imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, vitamin imports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of vitamin to Germany, with a X% share of total imports. Moreover, vitamin imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), more than tenfold. The third position in this ranking was occupied by Switzerland (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Switzerland (-X% per year).

In value terms, China ($X) constituted the largest supplier of vitamin to Germany, comprising X% of total vitamin imports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average vitamin import price stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the import price indicated a moderate increase from 2007 to 2018: its price 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 import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for provitamins and vitamins attained their peak figure at $X per tonne in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

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

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

Source: IndexBox AI Platform