Key Market Indicators
The country was number 8 in 2021, the United States held the top spot at 245,810 Kilograms. India, China and Germany respectively came in numbers 2, 3 and 4 in this ranking. Vitamin sales are estimated to hit $122 million by 2026, up 0.4% annually from 2020. This is a slightly higher growth rate than the market overall, which rose 1.7% year on year. The United Kingdom, Australia and India were ranked second, third and fourth, respectively. Indonesian vitamin exports are expected to reach 4.2 million kilograms by 2026, a 3.2% increase on an annual basis from 2021. Since 1994, exports have risen 21.6% year on year. In 2021, Austria topped the rankings with 3.5 million kilograms, followed by Germany, India and the United States in second, third and fourth place, respectively. Imports of vitamins into Indonesia are expected to decline to 179,420 kilograms by 2026, a 5.1% decrease year on year from 2021. Since 1994, imports have grown by 1.1% year on year. In 2021, the United States led the way at 245,810 kilograms, followed by India, China and Germany in second, third and fourth place, respectively.