Norway - Medicaments Containing Vitamins And Provitamins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedicaments Containing Vitamins Price in Norway - 2023
Contents:
- Medicaments Containing Vitamins Price in Norway (FOB) - 2023
- Medicaments Containing Vitamins Price in Norway (CIF) - 2023
- Medicaments Containing Vitamins Exports in Norway
- Medicaments Containing Vitamins Imports in Norway
Medicaments Containing Vitamins Price in Norway (FOB) - 2023
In September 2023, the average medicaments containing vitamins export price amounted to $17,919 per ton, approximately reflecting the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in August 2023 an increase of 14% against the previous month. As a result, the export price reached the peak level of $17,968 per ton, leveling off in the following month.
Average prices varied somewhat for the major export markets. In September 2023, the countries with the highest prices were the Netherlands ($21,342 per ton) and Germany ($18,995 per ton), while the average price for exports to Denmark ($15,457 per ton) and Hong Kong SAR ($15,642 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Medicaments Containing Vitamins Price in Norway (CIF) - 2023
The average medicaments containing vitamins import price stood at $127K per ton in September 2023, jumping by 51% against the previous month. In general, import price indicated a mild increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, medicaments containing vitamins import price increased by +50.8% against August 2023 indices. Over the period under review, average import prices hit record highs at $128K per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Denmark ($303K per ton), while the price for Italy ($19,644 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Medicaments Containing Vitamins Exports in Norway
In 2022, approx. 1.4K tons of medicaments containing vitamins and provitamins were exported from Norway; with a decrease of -38.3% on 2021 figures. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 6.9%.
In value terms, medicaments containing vitamins exports dropped markedly to $36M in 2022. Over the period under review, exports faced a dramatic curtailment. The smallest decline of -11.3% was in 2020.
Export of Medicaments Containing Vitamins in Norway (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 30.4 | 34.9 | 28.0 | 15.0 | -21.0% |
Denmark | 7.3 | 7.6 | 5.4 | 5.6 | -8.5% |
Lithuania | N/A | 1.8 | 1.7 | 3.1 | 31.2% |
Spain | 2.7 | N/A | 0.3 | 2.4 | -3.9% |
Hong Kong SAR | N/A | 0.1 | 1.6 | 1.8 | 324.3% |
France | 11.6 | 15.8 | 7.0 | 1.4 | -50.6% |
South Korea | 0.7 | 0.7 | 0.9 | 1.4 | 26.0% |
Switzerland | 9.3 | 8.5 | 5.6 | 0.5 | -62.3% |
United Kingdom | 7.7 | 5.6 | 6.3 | 0.2 | -70.4% |
China | 1.3 | 1.1 | 0.4 | N/A | -44.5% |
Austria | 12.6 | 1.2 | 4.7 | N/A | -38.9% |
Czech Republic | 4.0 | 3.3 | 1.2 | N/A | -45.2% |
Others | 6.9 | 3.4 | 9.7 | 4.2 | -15.3% |
Total | 94.4 | 83.7 | 73.0 | 35.6 | -27.8% |
Top Export Markets for Medicaments Containing Vitamins from Norway in 2022:
- Germany (418.5 tons)
- Lithuania (242.7 tons)
- Denmark (165.7 tons)
- Spain (140.7 tons)
- Hong Kong SAR (127.3 tons)
- South Korea (103.9 tons)
- France (96.5 tons)
- Switzerland (7.4 tons)
- United Kingdom (6.3 tons)
Medicaments Containing Vitamins Imports in Norway
In 2022, supplies from abroad of medicaments containing vitamins and provitamins decreased by -23.9% to 383 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 185%. As a result, imports reached the peak of 503 tons, and then shrank markedly in the following year.
In value terms, medicaments containing vitamins imports contracted to $18M in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. As a result, imports reached the peak of $20M, and then fell in the following year.
Import of Medicaments Containing Vitamins in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1.4 | 1.6 | 5.9 | 4.3 | 45.4% |
Ireland | 0.9 | 1.5 | 3.0 | 3.4 | 55.7% |
Germany | 1.6 | 1.7 | 1.6 | 2.9 | 21.9% |
Italy | 1.1 | 1.7 | 1.1 | 2.1 | 24.1% |
United Kingdom | 0.6 | 0.8 | 2.2 | 1.4 | 32.6% |
Switzerland | 2.2 | 2.2 | 1.2 | 0.7 | -31.7% |
France | 0.2 | 0.1 | 0.8 | 0.5 | 35.7% |
Hungary | N/A | 0.3 | 0.4 | 0.4 | 15.5% |
Denmark | 1.2 | 2.2 | 1.1 | 0.3 | -37.0% |
Romania | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
China | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
Netherlands | 3.5 | 2.7 | 0.8 | 0.1 | -69.4% |
Others | 0.9 | 1.0 | 1.6 | 1.8 | 26.0% |
Total | 13.8 | 16.0 | 20.0 | 18.4 | 10.1% |
Top Suppliers of Medicaments Containing Vitamins to Norway in 2022:
- Sweden (244.5 tons)
- Germany (23.8 tons)
- Ireland (20.9 tons)
- United Kingdom (15.8 tons)
- Italy (15.0 tons)
- Switzerland (9.4 tons)
- Romania (9.0 tons)
- Hungary (7.7 tons)
- France (6.3 tons)
- Denmark (4.6 tons)
- China (3.3 tons)
- Netherlands (3.0 tons)
This report provides an in-depth analysis of the medicaments containing vitamins market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21201360 - Medicaments containing vitamins, provitamins, derivatives and intermixtures thereof, for therapeutic or prophylactic uses, put up in measured doses or for retail sale
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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