In 2023, Thailand led the global export market for vitamin concentrates, contributing 21.51% of total exports. The United States and Belgium followed with 16.41% and 11.95% respectively. Notably, Slovenia experienced a massive annual increase of 152.33%, while other strong performers included Malaysia with a 7.6% rise. Negative trends were observed in Poland and Denmark, with declines of 12.02% and 13.03% respectively. Germany and France saw marginal shifts.
Over the last five years, the compound annual growth rate has emphasized Slovenia's significant expansion in market share. Looking ahead, key trends to watch include the potential for emerging markets to gain traction, as observed with Slovenia. Moreover, with rising health awareness and dietary trends globally, countries that adapt to these changes efficiently may increase their market presence. Additionally, market responses to geopolitical shifts and production innovations will likely shape the competitive landscape in this sector.
Top countries in Export of Vitamin Concentrates, Intermixtures of Vitamins Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 21.51 | 2023 | +4.63% | +4.91% | View data |
| 2 | 2 United States | 16.41 | 2023 | +1% | +0.35% | View data |
| 3 | 3 Belgium | 11.95 | 2023 | +3.46% | +3.37% | View data |
| 4 | 4 Germany | 9.62 | 2023 | -0.55% | +0.47% | View data |
| 5 | 5 Slovenia | 7.32 | 2023 | +4.68% | +152.33% | View data |
| 6 | 6 France | 6.08 | 2023 | -0.13% | -2.86% | View data |
| 7 | 7 Spain | 5.05 | 2023 | -0.73% | -0.61% | View data |
| 8 | 8 Australia | 3.61 | 2023 | -0.27% | +4.16% | View data |
| 9 | 9 Malaysia | 3.57 | 2023 | +5.08% | +7.6% | View data |
| 10 | 10 Netherlands | 3.22 | 2023 | -0.68% | +0.3% | View data |
