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Paracetamol Prices, Latest Trend, Demand & Forecast
Posted: Nov 08, 2024
Paracetamol prices globally are shaped by supply chain adjustments, demand variations, and economic factors. Recent easing in geopolitical tensions has lowered freight and logistics costs, leading to reduced transportation expenses and making prices more affordable. Regional demand shifts have also impacted prices, as high inventory levels from earlier bulk purchases are being worked through. The pharmaceutical and healthcare sectors remain major consumers of paracetamol due to its common use for pain relief and fever reduction. However, lower consumer confidence and inflation in some areas have reduced purchasing activity, contributing to a softer market. Seasonal demand patterns, such as periodic lows and production pauses, have also influenced recent price trends.
Price of Paracetamol in the Across Regions:- United States: $4990 /MT (USP, FDA)
- China: $4770 /MT
- Germany: $5054 /MT (USP, FDA)
Paracetamol Prices Trend in North America:
Paracetamol prices saw a decline toward the end of the last quarter, mainly driven by reduced freight expenses and eased geopolitical pressures. High inventory levels from previous bulk purchases further contributed to the downward trend, with seasonal lows in U.S. demand adding to the effect. Although some temporary plant closures affected supply, the abundant inventories minimized any substantial impact on pricing, creating a balanced market.
Paracetamol Prices Trend in the Asia-Pacific Region:
In the Asia-Pacific region, paracetamol prices remained stable toward the quarter’s end, supported by a well-matched supply and demand environment. Though raw material and energy costs fluctuated, effective inventory controls helped maintain pricing stability. In China, prices initially surged after a Paracetamol Demand in China boost following the Lunar New Year and increased production, but seasonal factors and inventory adjustments brought prices to a steady level as the quarter progressed.
Paracetamol Prices Trend in Europe:
Last quarter, paracetamol prices in Europe fell significantly due to oversupply. Earlier bulk purchases created surplus stock, which, coupled with reduced demand and inflationary pressures, softened prices. Lower transportation costs and improved geopolitical conditions further contributed to this decline. Although some Asian supply chain disruptions affected production, Europe’s high inventory levels prevented shortages. Germany saw prices drop during the lower-demand summer season and surplus stock, leading to a softer 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
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About the Author
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.
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