Vitamin C Prices In China

China: 2425 USD/MT (Food USP grade)

The price of vitamin C in China for Q4 2023 reached 2425 USD/MT in December.

The latest report by IMARC Group, titled "Vitamin C Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the Vitamin C Prices. This report delves into the price of Vitamin C globally, presenting a detailed analysis, along with 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 the Demand, analyzing how it impacts Industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Vitamin C Prices Analysis

Germany: 2745 USD/MT

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Regional Prices Analysis:

North America:

The price movements of vitamin C varied throughout North America, with a rise in April followed by a decline through the end of the second quarter. Excess supply, primarily propelled by aggressive pricing from Asian manufacturers, played a major role in the price decline, with reduced local demand persisting in major sectors such as nutraceuticals, food and beverage (F&B), and pharmaceuticals. In addition to this, increased supply chain disturbances and freight costs exacerbated the downward pressure on prices. The U.S. market, in particular, observed the most substantial price fluctuations, with a steady decline as ample inventories buffered the market in opposition to any seasonal rises in demand. The combination of oversupply and decreased demand led to a cyclical effect that reinforced the downward pricing trend.

Asia Pacific:

Throughout the Asia-Pacific area, a similar negative sentiment prevailed throughout Q2 2024. The market for vitamin C experienced a notable price decline, driven by surplus inventories and weak demand from sectors including medications, food and beverages, and nutraceuticals. Logistical issues, including increasing shipping expenses inhibited procurement activity, while financial worries and decreased spending by consumers added to the market's subdued climate. China, the largest market in the region, saw the most significant price decreases, exacerbated by seasonal factors and cyclical production outputs. The consistent decline in prices throughout the quarter reflected the continued downward trajectory of the market, where oversupply and weak demand dynamics persisted.

Europe:

In Europe, the market followed a similar bearish trend, with oversupply and weakened need from downstream industries driving prices lower. Asian manufacturers, especially in China, played a significant role in keeping downward force on European prices. Distribution chain impediments and logistical difficulties amplified the market unreliability, further intricate procurement methods. Germany, the largest market in Europe, saw the most noticeable price adjustments, with a significant year-over-year and quarter-over-quarter decline. The overall sentiment in the European market was definitely negative, with constrained margins of profit for manufacturers and continual price reductions throughout the quarter.

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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