The latest report by IMARC, titled "Chloroform Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of chloroform prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Chloroform Prices December 2023:

  • United States: 586 USD/MT
  • South Korea: 424 USD/MT

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The study delves into the factors affecting chloroform 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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Chloroform Price Trend- Q4 2023

The chloroform market is primarily driven by its extensive use in various industries such as pharmaceuticals, chemical manufacturing, and laboratories. In the pharmaceutical sector, chloroform finds applications in the production of anesthetics, sedatives, and cough syrups. Its role as a solvent in chemical manufacturing processes also contributes significantly to market growth. Additionally, chloroform serves as a key reagent in laboratory settings for various research and analytical purposes. Furthermore, the demand for chloroform is bolstered by its use as an intermediate in the production of other chemicals such as refrigerants and pesticides. Despite concerns regarding its environmental impact and health risks, the chloroform market continues to expand due to its widespread industrial applications and the absence of equally effective alternatives in certain processes. As industries evolve and regulations tighten, the chloroform market may witness shifts in demand patterns, with a potential increase in demand for safer substitutes in the future.

The global chloroform market size reached US$ 7.4 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 10.1 Billion, at a projected CAGR of 3.60% during 2023-2032. In North America during the fourth quarter of 2023, chloroform pricing experienced fluctuations. This was influenced by various factors, including robust market sentiments due to limited regional supply, prompting Chlor alkali companies to increase their production rates. Despite this, strong demand and improving market fundamentals contributed to an overall upward trend in prices, supported by low chloroform inventories and brisk demand. Additionally, increased demand from the downstream R-22 refrigerant market played a role in driving prices higher. Price stability was maintained by a balance in supply and demand, as well as moderate demand from downstream R-22 refrigerant ventures.

During the fourth quarter of 2023, the chloroform market in the APAC region faced notable challenges, influenced by various factors. Reduced purchases of chloroform from China resulted in decreased import prices in India. Suppliers redirected their shipments to Indian ports in anticipation of improved sales prospects. A bearish market environment and abundant supply levels led to heightened competition and ample local availability to fulfill consumer requirements. Additionally, weakening market trading fundamentals and subdued trading activities dampened demand, further impacting the market. On the other hand, the chloroform market in Europe witnessed various factors influencing prices. The region faced limited chloroform supply, leading to price support and subsequent increases. High demand, particularly from the downstream R-22 refrigerant industry, also contributed to price hikes. Market sentiment remained positive, marked by active purchasing and low product inventories across ports. Germany, in particular, experienced notable price fluctuations, driven by restricted product availability and increased demand from downstream sectors. Chloroform exports from Germany to the Netherlands rose, further boosting prices.

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Key Points Covered in the Chloroform Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

  • Chloroform Prices
  • Chloroform Price Trend
  • Chloroform Demand & Supply
  • Chloroform Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Chloroform Price Analysis
  • Chloroform Industry Drivers, Restraints, and Opportunities
  • Chloroform News and Recent developments
  • Global Event Analysis
  • List of Key Players

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

Browse More Pricing Reports By IMARC Group:

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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