Spain: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in Spain

In 2022, the Spanish medicaments containing vitamins market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, posted a prominent increase. Over the period under review, the market attained the peak level at $X in 2021, and then shrank significantly in the following year.

Medicaments Containing Vitamins Production in Spain

In value terms, medicaments containing vitamins production soared to $X in 2022 estimated in export price. Over the period under review, production enjoyed a prominent expansion. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2022 and is likely to see steady growth in years to come.

Medicaments Containing Vitamins Exports

Exports from Spain

Medicaments containing vitamins exports from Spain surged to X tons in 2022, increasing by X% against the previous year's figure. Over the period under review, exports, however, continue to indicate a noticeable shrinkage. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, medicaments containing vitamins exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X tons), the Netherlands (X tons) and Italy (X tons) were the main destinations of medicaments containing vitamins exports from Spain, together accounting for X% of total exports. Belgium, France, Japan, Romania, Turkey, the Czech Republic, Germany, Guatemala and Hungary lagged somewhat behind, together comprising a further X%.

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

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

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

Export Prices by Country

In 2022, the average medicaments containing vitamins export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Turkey ($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 the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Medicaments Containing Vitamins Imports

Imports into Spain

After three years of growth, supplies from abroad of medicaments containing vitamins and provitamins decreased by X% to X tons in 2022. In general, imports, however, recorded a notable increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then plummeted in the following year.

In value terms, medicaments containing vitamins imports contracted notably to $X in 2022. Over the period under review, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of medicaments containing vitamins imports to Spain, together accounting for X% of total imports. Norway, Italy, Sweden, Portugal, Ireland and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average medicaments containing vitamins import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, showed a abrupt contraction. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 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 Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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