Povidone Prices in USA
- United States: 1765 USD/MT
In the USA region, the average price of povidone in Q1 2024 was $8,690 USD per metric ton, significantly influenced by various factors. The latest report by IMARC Group, titled "Povidone Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Povidone Prices. This report delves in globally, presenting a detailed analysis, along with an informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Povidone Prices:
- China: 1325 USD/MT
- Netherlands: 1165 USD/MT
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The study delves into the factors affecting Povidone price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Povidone Price Trend- Q4 2023
The povidone industry is primarily driven by its increasing application across various industries, notably pharmaceuticals and cosmetics. In the pharmaceutical sector, povidone is essential as a binder and a stabilizer in tablet formulations, aiding in drug solubility and bioavailability. This versatility underlines its critical role in the production of numerous medical and health products. In the cosmetics industry, povidone is valued for its film-forming properties, which are used in hair styling products and makeup. Additionally, the demand for high-quality povidone is supported by stringent regulatory requirements for pharmaceutical excipients, ensuring consistent quality and performance in drug manufacturing.
Moreover, technological advancements in the production process of povidone have improved its efficiency and environmental footprint, making it more attractive to producers concerned with sustainability. The market dynamics are also influenced by global health trends and the rising consumer awareness about the safety and efficacy of ingredients used in pharmaceutical and personal care products. As a result, the povidone industry continues to grow, bolstered by innovation, regulatory standards, and its indispensable role in essential consumer products.
In North America, the povidone prices experienced fluctuations due to various factors. Initially, prices decreased due to a rebound in consumption from the pharmaceutical and cosmetic sectors, which temporarily boosted demand. However, global logistical challenges, particularly around Chinese festival holidays, led to trade disruptions that subsequently increased costs. The significant rise in raw material prices, especially for 1, Butanediol, also impacted the cost structures of povidone production. Towards the quarter's end, a notable drop in freight charges and the resumption of shipments helped stabilize the market by improving supply chain efficiency and reducing costs, ultimately leading to a subdued trading environment with high inventory levels.
In the APAC region, povidone prices initially fell due to weak demand and an oversupply. This trend was influenced by significant price cuts from suppliers responding to decreased foreign demand. Mid-quarter, a rise in prices occurred due to increased inquiries from end-users, fueled by the depreciation of the Chinese yuan, which made imports more cost-effective. However, after the Lunar New Year, as the market reopened and bulk orders were placed, suppliers raised prices to improve profit margins. By the end of the quarter, normalization of freight charges and easing geopolitical tensions reduced cost pressures, leading to price reductions as suppliers offered discounts to clear inventory and stimulate demand.
In Europe, the povidone industry prices trended downward, largely influenced by strategic pricing adjustments in Germany aimed at maintaining global competitiveness. High inventory levels across the region, coupled with declining economic indicators and geopolitical tensions, contributed to a pessimistic market outlook. The weakness of the Euro relative to the US dollar increased the cost of imported goods, adding further pressure on pricing. This scenario was compounded by high export activities in northern Germany, leading to saturated storage capacities and reduced import activities, which further depressed prices as the quarter concluded.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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