Key Market Indicators
Sales of vitamins are expected to rise to $44 million by 2026 from $39.5 million in 2020, an average increase of 1.8% per year. In 2020, the market had jumped 3.6% from the previous year. The United Kingdom, Australia and India ranked second, third and fourth, respectively. Last year, Bolivian vitamin exports fell 27% to 3,560 kilograms from 4,880 kilograms in 2020. Since 1999, Bolivian supply has decreased 32.3% year on year, placing the country 76th. Guyana led with 3,560 kilograms, with Germany, India and the United States ranking second, third and fourth, respectively. Meanwhile, Bolivian vitamin imports are projected to reach 646,000 kilograms by 2026, up 1.6% on average each year from 585,500 kilograms in 2021. Since 1997, Bolivian demand has risen 2.8% year on year.
