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" delivers a comprehensive analysis of Povidone 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.


Povidone Prices December 2023:

  • United States: 1765 USD/MT
  • 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.

 

Request For a Sample Copy of the Report:   https://www.imarcgroup.com/povidone-pricing-report/requestsample

 

Povidone Price Trend- Q4 2023

The povidone market 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.

 

Povidone Market Analysis

The global povidone market size reached 86.2 Thousand Tonnes in 2023. By 2032, IMARC Group expects the market to reach 144.4 Thousand Tonnes, at a projected CAGR of 5.90% during 2023-2032. 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 market 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 market 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.

 

Browse Full Report:  https://www.imarcgroup.com/povidone-pricing-report

 

Key Points Covered in the Povidone Pricing Report:

 

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

  • Povidone Prices
  • Price of Povidone
  • Povidone Demand & Supply
  • Povidone Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Povidone Price Analysis
  • Povidone Industry Drivers, Restraints, and Opportunities
  • Povidone 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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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

 

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