Paracetamol Price in the USA

  • United States: $4990 /MT (USP, FDA)

 

During Q4 2023, paracetamol prices in the USA rose to $4990/MT due to strong demand and higher freight costs from geopolitical crises. China experienced a price increase to $4770/MT by quarter-end due to higher demand and a weaker Yuan. Germany saw prices jump to $5054/MT, driven by increased demand, winter seasonality, and higher raw material costs.

The latest report by IMARC Group, titled " Paracetamol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the Paracetamol Price Trend. This report delves into the price of Paracetamol globally, presenting a detailed analysis and an informative Paracetamol Price Chart. Through comprehensive Paracetamol price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Paracetamol demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecasts, making this report an invaluable resource for industry stakeholders.


Paracetamol Prices December 2023: 

  • United States: $4990 /MT (USP, FDA)
  • China: $4770 /MT
  • Germany: $5054 /MT (USP, FDA)

 

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The study delves into the factors affecting paracetamol 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/paracetamol-pricing-report/requestsample

 

Paracetamol Price Trend- Q4 2023

In the rapidly evolving pharmaceutical landscape, the paracetamol market has been experiencing significant growth, driven by a constellation of factors. At the forefront, an increase in the prevalence of conditions such as fever and pain among the global population has led to a heightened demand for over-the-counter (OTC) medications, with paracetamol being a preferred choice due to its efficacy and safety profile. Additionally, the COVID-19 pandemic has underscored the importance of accessible healthcare products, further propelling the demand for paracetamol as a symptomatic relief for mild to moderate symptoms. Moreover, the pharmaceutical industry's focus on expanding production capacities and improving distribution channels has facilitated the widespread availability of paracetamol, making it a staple in household medicine cabinets. These dynamics, coupled with the ongoing research and development activities aimed at expanding the applications of paracetamol in therapeutic areas, have collectively fueled the market's growth, establishing it as a critical component in the global healthcare regime.

Paracetamol Market Analysis

The global paracetamol market size reached US$ 746.1 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1085.1 Million, at a projected CAGR of 4.30% during 2023-2032. In the last quarter, the paracetamol market has witnessed fluctuations in prices, attributable to a complex interplay of supply chain dynamics, regulatory policies, and market demand. On the supply side, disruptions in the raw material supply chain, partly due to logistical challenges and geopolitical tensions in key producing regions, have impacted the cost structures of paracetamol manufacturers. This situation is compounded by stringent environmental regulations imposed on chemical manufacturing units, leading to increased operational costs and, consequently, affecting the market prices of paracetamol. Additionally, the fluctuation in the prices of precursor chemicals used in the synthesis of paracetamol has introduced a layer of volatility in the pricing models of pharmaceutical companies.

On the demand side, the market has observed a robust increase in the consumption of paracetamol, driven by the seasonal prevalence of flu and other fever-related ailments. This heightened demand has, in some instances, outpaced the available supply, exerting upward pressure on prices. Moreover, the strategic stockpiling of paracetamol by healthcare institutions, in anticipation of future outbreaks and to ensure continuity of care, has further intensified the demand-supply imbalance. Concurrently, the pharmaceutical industry's efforts to maintain high-quality standards and compliance with evolving regulatory guidelines have necessitated significant investments, which are indirectly reflected in the product pricing. As manufacturers navigate these challenges, the pricing landscape of the paracetamol market continues to be shaped by these multifaceted influences, highlighting the need for strategic planning and adaptive supply chain management to stabilize prices and ensure product accessibility. In North America, there were mixed trend for paracetamol in the last quarter of 2023. The price of paracetamol increased noticeably, and this increase was mostly caused by the medicine's continuous and steady demand. Comparing this quarter to the prior, there was a 3% increase. The last quarter of 2023 saw an increase in paracetamol prices in the APAC area. In China, the cost of paracetamol grew by 0.11% on average in the fourth quarter of 2023. The paracetamol market in Europe had a number of difficulties in the first quarter of 2023, which had an impact on both prices and market dynamics. Prices for paracetamol significantly increased in the German market, which was a result of increased demand from the downstream industry.

 

Key Points Covered in the Paracetamol Pricing Report: 

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

  • Paracetamol Prices
  • Paracetamol Price Trend
  • Paracetamol Demand & Supply
  • Paracetamol Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Paracetamol Price Analysis
  • Paracetamol Industry Drivers, Restraints, and Opportunities
  • Paracetamol 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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