Iran: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in Iran

In 2022, the Iranian medicaments containing vitamins market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, faced a abrupt slump. Medicaments containing vitamins consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Medicaments Containing Vitamins Exports

Exports from Iran

In 2022, exports of medicaments containing vitamins and provitamins from Iran fell significantly to X tons, waning by X% on 2021. Over the period under review, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, medicaments containing vitamins exports reduced sharply to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Afghanistan (X tons) was the main destination for medicaments containing vitamins exports from Iran, with a X% share of total exports. Moreover, medicaments containing vitamins exports to Afghanistan exceeded the volume sent to the second major destination, Azerbaijan (X kg), threefold. The third position in this ranking was taken by Tajikistan (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Afghanistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Tajikistan (X% per year).

In value terms, Afghanistan ($X) remains the key foreign market for medicaments containing vitamins and provitamins exports from Iran, comprising X% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Afghanistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Iraq (X% per year).

Export Prices by Country

In 2022, the average medicaments containing vitamins export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while the average price for exports to Azerbaijan ($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 Turkmenistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Medicaments Containing Vitamins Imports

Imports into Iran

After two years of decline, supplies from abroad of medicaments containing vitamins and provitamins increased by X% to X tons in 2022. Overall, imports, however, saw a abrupt decline. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, medicaments containing vitamins imports skyrocketed to $X in 2022. Over the period under review, imports, however, faced a deep downturn. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest medicaments containing vitamins supplier to Iran, with a X% share of total imports. Moreover, medicaments containing vitamins imports from Spain exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. Hong Kong SAR (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Hong Kong SAR (X% per year).

In value terms, the largest medicaments containing vitamins suppliers to Iran were Greece ($X), Spain ($X) and the United States ($X), with a combined X% share of total imports.

Among the main suppliers, Spain, 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 mixed trend patterns.

Import Prices by Country

The average medicaments containing vitamins import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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