The import of vitamins in dosage forms to the Netherlands experienced a significant fluctuation between 2013 and 2023. The highest recorded value was $233.22 million in 2014, after which there was a notable decline, reaching $58.149 million in 2023. Over recent years, the value has shown a slight decreasing trend with a year-on-year variation of -2.12% between 2022 and 2023. The average annual variation (CAGR) over the last five years was -1.08%, indicating a small yet consistent decline in imports.
From 2024, the import values are forecasted to continue decreasing gradually, with a projected average annual decline (CAGR) of -1.76% through 2028. Overall, the market is expected to contract by approximately 8.49% over the next five years.
Future trends to watch for include potential shifts in global supply chains, changes in health and wellness demand patterns, and any new regulatory frameworks that could impact the import dynamics of vitamins into the Netherlands.