South-Eastern Asia: Medicaments Containing Vitamins Market 2024

Medicaments Containing Vitamins Market Size in South-Eastern Asia

After two years of growth, the Southeast Asian medicaments containing vitamins market decreased by X% to $X in 2023. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2023.

Medicaments Containing Vitamins Production in South-Eastern Asia

In value terms, medicaments containing vitamins production reached $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Medicaments Containing Vitamins Exports

Exports in South-Eastern Asia

In 2023, after two years of decline, there was growth in overseas shipments of medicaments containing vitamins and provitamins, when their volume increased by X% to X tons. Overall, exports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the exports remained at a lower figure.

In value terms, medicaments containing vitamins exports totaled $X in 2023. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, Indonesia (X tons), distantly followed by Vietnam (X tons), Thailand (X tons), Singapore (X tons) and the Philippines (X tons) were the key exporters of medicaments containing vitamins and provitamins, together creating X% of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Indonesia ($X) remains the largest medicaments containing vitamins supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with an X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Indonesia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Medicaments Containing Vitamins Imports

Imports in South-Eastern Asia

After two years of growth, supplies from abroad of medicaments containing vitamins and provitamins decreased by X% to X tons in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, medicaments containing vitamins imports reduced to $X in 2023. Total imports indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of import peaked at $X in 2022, and then dropped in the following year.

Imports by Country

Vietnam (X tons) and the Philippines (X tons) represented roughly X% of total imports in 2023. Malaysia (X tons) ranks next in terms of the total imports with a X% share, followed by Cambodia (X%), Myanmar (X%) and Thailand (X%). Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cambodia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments containing vitamins importing markets in South-Eastern Asia were the Philippines ($X), Vietnam ($X) and Thailand ($X), with a combined X% share of total imports. Malaysia, Indonesia, Myanmar and Cambodia lagged somewhat behind, together accounting for a further X%.

Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2023, surging by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2023, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform