Slovenia: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in Slovenia

In 2022, the Slovene medicaments containing vitamins market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, the total consumption indicated a prominent 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. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Medicaments Containing Vitamins Production in Slovenia

In value terms, medicaments containing vitamins production shrank to $X in 2022 estimated in export price. In general, production recorded a mild downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Medicaments Containing Vitamins Exports

Exports from Slovenia

In 2022, medicaments containing vitamins exports from Slovenia fell slightly to X tons, declining by X% on 2021. In general, exports saw a pronounced downturn. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, medicaments containing vitamins exports declined to $X in 2022. Over the period under review, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X tons), Uzbekistan (X tons) and Serbia (X tons) were the main destinations of medicaments containing vitamins exports from Slovenia, together accounting for X% of total exports.

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

In value terms, Russia ($X), Serbia ($X) and Croatia ($X) were the largest markets for medicaments containing vitamins exported from Slovenia worldwide, together comprising X% of total exports. Uzbekistan, Bosnia and Herzegovina, North Macedonia, Kazakhstan, Turkmenistan, Tajikistan, Kyrgyzstan and Mongolia lagged somewhat behind, together comprising a further X%.

Turkmenistan, with a CAGR of X%, saw 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, declining by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Tajikistan ($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 Slovenia

In 2022, the amount of medicaments containing vitamins and provitamins imported into Slovenia surged to X tons, jumping by X% against the previous year's figure. Over the period under review, total imports indicated a perceptible expansion 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 2016 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, medicaments containing vitamins imports stood at $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of medicaments containing vitamins to Slovenia, accounting for a X% share of total imports. Moreover, medicaments containing vitamins imports from France exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Germany (X% per year).

In value terms, the largest medicaments containing vitamins suppliers to Slovenia were France ($X), Germany ($X) and Austria ($X), with a combined X% share of total imports. Croatia lagged somewhat behind, accounting for a further X%.

In terms of the main suppliers, Croatia, 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

The average medicaments containing vitamins import price stood at $X per ton in 2022, standing approx. at the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average 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 Croatia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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