Key Market Indicators
Vitamin sales are expected to reach $42.7 million by 2026, up from $38.3 million in 2020, representing a 2% year-on-year growth rate. The market has seen a 5.1% year-on-year growth since then. The United Kingdom, Australia and India respectively ranked second, third and fourth in this ranking. Paraguayan imports of vitamins are set to reach 500,000 kilograms by 2026, up from 457,000 kilograms in 2021, with a 1.7% year-on-year growth rate. Since 1994, Paraguayan demand has increased by 13.1% year-on-year. Paraguayan exports of vitamins are set to reach 106,000 kilograms by 2026, up from 90,000 kilograms in 2021, representing a 2.8% year-on-year average growth rate. Since 1999, Paraguayan supply has risen 6.9% year-on-year. The country was ranked 57th in 2021; Chile was ahead with 90,000 kilograms. Germany, India and the United States respectively occupied the second, third and fourth positions in this ranking.