Press release
Vitamin C Prices Surge Amid Growing Demand from Aging Global Population
Vitamin C Prices
๐๐ข๐ญ๐๐ฆ๐ข๐ง ๐ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
The drop in vitamin C prices from above June 2023, to 4150 USD/MT, saw significant fluctuations in the U.S., such as in Q2 of 2024. As a consequence of this downward trend, which was conditioned by poor demand from the food, medical, and supplement markets, there was surplus stock. To take this further, competition from Asia has also diminished market prices, while high freight costs and logistics added pressure. The result has been negative pricing trends in reports about high inventory levels and weak demand, reflecting the usual difficulties in trying to balance supply and demand.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ๐ฟ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/vitamin-c-pricing-report/requestsample
๐๐ข๐ญ๐๐ฆ๐ข๐ง ๐ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐ก๐ข๐ง๐:
In June 2024, the prices for vitamin C in China tumbled down to 3350 USD/MT. There was a big fall in market prices due to heavy stock and low demand at both domestic and international levels. It caused a further strain on suppliers with the exorbitant shipping costs and delayed logistics. Most importantly, excess supply, reduced demand and transport problems have continued to compound a decrease in prices of vitamin C, leading to a torturous market environment across the quarter.
๐๐ข๐ญ๐๐ฆ๐ข๐ง ๐ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐๐ซ๐ฆ๐๐ง๐ฒ:
In Q2 2024, vitamin C prices in Germany reached 3720 USD/MT in June. The market experienced price declines due to oversupply and weak demand, especially from the nutraceutical and pharmaceutical sectors. Competitive pricing from Chinese suppliers pushed German producers to lower their prices further. Logistical issues and seasonal factors also impacted the market, contributing to a negative pricing trend. Suppliers faced lower profitability and ongoing adjustments as they tried to manage the challenging market conditions throughout the quarter.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ ๐๐ผ ๐ฎ๐ป ๐๐ป๐ฎ๐น๐๐๐: https://www.imarcgroup.com/request?type=report&id=22672&flag=C
๐๐จ๐ฐ ๐๐๐๐๐ ๐๐ซ๐ข๐๐ข๐ง๐ ๐๐๐ญ๐๐๐๐ฌ๐ ๐๐๐ง ๐๐๐ฅ๐ฉ
The latest IMARC Group study, "๐๐ข๐ญ๐๐ฆ๐ข๐ง ๐ ๐๐ซ๐ข๐๐๐ฌ, ๐๐ซ๐๐ง๐, ๐๐ก๐๐ซ๐ญ, ๐๐๐ฆ๐๐ง๐, ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐๐ฐ๐ฌ, ๐๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐๐๐ฅ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐ญ๐ ๐๐๐๐ ๐๐๐ข๐ญ๐ข๐จ๐ง,"ย presents a detailed analysis of Vitamin C price trend, offering key insights into global Vitamin C market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Vitamin C demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐๐:
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๐๐บ๐ฎ๐ถ๐น: sales@imarcgroup.com
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๐๐ฏ๐ผ๐๐ ๐จ๐:
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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