South Africa: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in South Africa

The South African medicaments containing vitamins market fell to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Medicaments Containing Vitamins Production in South Africa

In value terms, medicaments containing vitamins production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Medicaments Containing Vitamins Exports

Exports from South Africa

In 2022, shipments abroad of medicaments containing vitamins and provitamins was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt curtailment. 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 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, medicaments containing vitamins exports declined markedly to $X in 2022. In general, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Botswana (X tons) was the main destination for medicaments containing vitamins exports from South Africa, with a X% share of total exports. Moreover, medicaments containing vitamins exports to Botswana exceeded the volume sent to the second major destination, Zambia (X tons), threefold. The third position in this ranking was taken by Namibia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Botswana amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Namibia (X% per year).

In value terms, Botswana ($X) remains the key foreign market for medicaments containing vitamins and provitamins exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports. It was followed by Swaziland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Botswana amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Swaziland (X% per year).

Export Prices by Country

In 2022, the average medicaments containing vitamins export price amounted to $X per ton, falling by X% against the previous year. In general, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Lesotho ($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 Kenya (X%), while the prices for the other major destinations experienced mixed trend patterns.

Medicaments Containing Vitamins Imports

Imports into South Africa

In 2022, medicaments containing vitamins imports into South Africa declined to X tons, waning by X% compared with 2021. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, medicaments containing vitamins imports contracted remarkably to $X in 2022. In general, total imports indicated a pronounced 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. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined notably in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of medicaments containing vitamins to South Africa, accounting for a X% share of total imports. Moreover, medicaments containing vitamins imports from Germany exceeded the figures recorded by the second-largest supplier, Uruguay (X tons), fourfold. India (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of medicaments containing vitamins and provitamins to South Africa, comprising X% of total imports. The second position in the ranking was taken by Uruguay ($X), with an X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

The average medicaments containing vitamins import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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