France: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in France

In 2021, the French medicaments containing vitamins market decreased by -6.1% to $X for the first time since 2014, thus ending a six-year rising trend. Over the period under review, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Medicaments containing vitamins consumption peaked at $X in 2020, and then dropped in the following year.

Medicaments Containing Vitamins Production in France

In value terms, medicaments containing vitamins production declined slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 38%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Medicaments Containing Vitamins Exports

Exports from France

In 2021, shipments abroad of medicaments containing vitamins and provitamins was finally on the rise to reach X tons after three years of decline. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 22%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, medicaments containing vitamins exports skyrocketed to $X in 2021. In general, exports, however, showed a pronounced reduction. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for medicaments containing vitamins exports from France, with a 25% share of total exports. Moreover, medicaments containing vitamins exports to Russia exceeded the volume sent to the second major destination, Switzerland (X tons), twofold. Germany (X tons) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-7.0% per year) and Germany (+5.9% per year).

In value terms, Switzerland ($X), Hungary ($X) and Germany ($X) were the largest markets for medicaments containing vitamins exported from France worldwide, together comprising 22% of total exports. Russia, Mexico, Spain, Poland, Italy, the UK, Cote d'Ivoire, Slovenia, Greece and Kazakhstan lagged somewhat behind, together accounting for a further 36%.

Among the main countries of destination, Cote d'Ivoire, with a CAGR of +33.6%, saw the highest growth rate of 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

In 2021, the average medicaments containing vitamins export price amounted to $X per ton, surging by 5.2% against the previous year. Overall, the export price, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 11%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Medicaments Containing Vitamins Imports

Imports into France

After four years of growth, purchases abroad of medicaments containing vitamins and provitamins decreased by -2.2% to X tons in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +75.2% against 2014 indices. The pace of growth was the most pronounced in 2017 with an increase of 40% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then shrank modestly in the following year.

In value terms, medicaments containing vitamins imports reached $X in 2021. Over the period under review, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2013 with an increase of 15% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest medicaments containing vitamins supplier to France, with a 59% share of total imports. Moreover, medicaments containing vitamins imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. Norway (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+79.1% per year) and Norway (+3.8% per year).

In value terms, the largest medicaments containing vitamins suppliers to France were Germany ($X), Sweden ($X) and Italy ($X), with a combined 60% share of total imports. Norway, the Netherlands, Hungary and Austria lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, Hungary, with a CAGR of +41.5%, 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

In 2021, the average medicaments containing vitamins import price amounted to $X per ton, surging by 12% against the previous year. Overall, the import price, however, saw a abrupt slump. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, 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 Austria ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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