Israel: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in Israel

For the ninth year in a row, the Israeli medicaments containing vitamins market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption posted a strong increase. Medicaments containing vitamins consumption peaked in 2022 and is expected to retain growth in the immediate term.

Medicaments Containing Vitamins Production in Israel

In value terms, medicaments containing vitamins production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible expansion 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 decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Medicaments containing vitamins production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Medicaments Containing Vitamins Exports

Exports from Israel

In 2022, shipments abroad of medicaments containing vitamins and provitamins decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, medicaments containing vitamins exports declined dramatically to $X in 2022. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), China (X tons) and Russia (X tons) were the main destinations of medicaments containing vitamins exports from Israel, together comprising X% of total exports. Switzerland, France and Slovenia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of X.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for medicaments containing vitamins exported from Israel were the United States ($X), China ($X) and Russia ($X), together comprising X% of total exports. Switzerland, France and Slovenia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Switzerland, with a CAGR of X.3%, recorded the highest rates of growth with regard to the value of exports, 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, dropping by X% against the previous year. Overall, the export price showed a mild decline. The pace of growth appeared the most rapid in 2013 when the average export price decreased by less than X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($X per ton) and Russia ($X per ton), while the average price for exports to France ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced a decline.

Medicaments Containing Vitamins Imports

Imports into Israel

In 2022, the amount of medicaments containing vitamins and provitamins imported into Israel skyrocketed to X tons, rising by X% against 2021. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, medicaments containing vitamins imports surged to $X in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X tons), Canada (X tons) and Switzerland (X tons) were the main suppliers of medicaments containing vitamins imports to Israel, with a combined X% share of total imports.

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

In value terms, the largest medicaments containing vitamins suppliers to Israel were Germany ($X), Canada ($X) and Switzerland ($X), with a combined X% share of total imports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medicaments containing vitamins import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price 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, medicaments containing vitamins import price increased by X% against 2012 indices. The pace of growth was the most pronounced in 2014 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($X per ton) and Switzerland ($X per ton), while the price for Malta ($X per ton) and Germany ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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