Key Market Indicators
Vitamin sales are set to drop by 0.7% year on year on average over the next five years, reaching $24.3 million by 2026. The market was up 0.4% year on year in 2020. The United Kingdom, Australia and India were the second, third and fourth largest markets respectively. Croatian vitamin imports are expected to drop by 2.5% year on year on average up to 2026, reaching 80.2 thousand kilograms. Croatian demand has seen a consistent decrease since 1997, falling by 1.6% year on year. Croatian vitamin exports are expected to rise by 0.6% CAGR from 2021 to 2026, amounting to 130.4 thousand kilograms by 2026. Croatian supply has been on the rise since 1997, increasing by 5.6% year on year. The country was ranked 54th worldwide in 2021, with Malaysia overtaking it with 127.6 thousand kilograms. Germany, India and the United States were the second, third and fourth largest suppliers respectively.