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The latest report by IMARC Group, titled " Paracetamol Prices Report 2024: Price Trend, Chart, Industry Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of price trends. This report delves into the price of Paracetamol globally, presenting a detailed analysis and an informative Price Chart. Through comprehensive 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 demand, analyzing how it impacts industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecasts, making this report
Paracetamol Prices in the End of The Last Quarter:
- United States: $4990 /MT (USP, FDA)
- China: $4770 /MT
- Germany: $5054 /MT (USP, FDA)
Report Offering:
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Request For a Sample Copy of the Report: https://www.imarcgroup.com/paracetamol-pricing-report/requestsample
Key Details About the Paracetamol Price Trend - Last Quarter
Global paracetamol prices are influenced by various factors, such as supply chain shifts, consumer demand, and broader economic conditions. The easing of geopolitical issues has led to a reduction in freight and transportation costs, making it cheaper to move goods, which has contributed to a drop in paracetamol prices. The market has also seen demand fluctuations, especially in regions where large inventories remain due to earlier bulk purchases. The pharmaceutical and healthcare industries continue to be major users of paracetamol, given its widespread use as a pain reliever and fever reducer. However, reduced consumer confidence and inflation in some areas have dampened buying activity, further pushing prices down. In addition, seasonal changes and temporary production halts have impacted market trends.
Factors Influencing Paracetamol Prices at the End of the Last Quarter:
North America: In Q2 2024, paracetamol prices in North America dropped, driven by reduced geopolitical tensions and lower transportation costs. The region also saw high inventory levels due to previous bulk buying, which put additional pressure on prices. Reduced purchasing activity, along with seasonal factors that usually decrease demand, especially in the USA, added to the downward trend. Although temporary plant closures disrupted the supply chain, surplus inventory helped keep prices stable.
Asia-Pacific (APAC): In the Asia-Pacific region, paracetamol prices remained steady during Q2 2024, as supply and demand were well-balanced. Although fluctuating raw material and energy costs created some challenges, these were offset by stable inventories and smart procurement strategies. In China, prices initially spiked after a post-Lunar New Year surge in demand and production increases. However, as the quarter went on, better inventory management and seasonal factors brought prices back to more stable levels.
Europe: Paracetamol prices in Europe saw a notable drop in Q2 2024, largely due to oversupply. Anticipatory bulk purchases left many with excess stock, and reduced buying activity, along with inflationary pressures, and weakened demand. Lower freight costs and the easing of geopolitical tensions also played a role in the price decline. Even though supply disruptions from Asia affected production, Europe's high inventory levels cushioned any potential shortages. In Germany, prices fluctuated as lower summer demand and excess stock led to a bearish market environment.
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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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.
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