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Vitamin C Prices Surge Amid Growing Demand from Aging Global Population

12-30-2024 11:19 AM CET | Chemicals & Materials

Press release from: IMARC Group

Vitamin C Prices

Vitamin C Prices

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐•๐ข๐ญ๐š๐ฆ๐ข๐ง ๐‚ ๐๐ซ๐ข๐œ๐ž๐ฌ ๐Œ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐๐Ÿ

๐•๐ข๐ญ๐š๐ฆ๐ข๐ง ๐‚ ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ:

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.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—ฎ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.imarcgroup.com/vitamin-c-pricing-report/requestsample

๐•๐ข๐ญ๐š๐ฆ๐ข๐ง ๐‚ ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐‚๐ก๐ข๐ง๐š:

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.

๐•๐ข๐ญ๐š๐ฆ๐ข๐ง ๐‚ ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ข๐ง ๐†๐ž๐ซ๐ฆ๐š๐ง๐ฒ:

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.

๐—ฆ๐—ฝ๐—ฒ๐—ฎ๐—ธ ๐˜๐—ผ ๐—ฎ๐—ป ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐˜: https://www.imarcgroup.com/request?type=report&id=22672&flag=C

๐‡๐จ๐ฐ ๐ˆ๐Œ๐€๐‘๐‚ ๐๐ซ๐ข๐œ๐ข๐ง๐  ๐ƒ๐š๐ญ๐š๐›๐š๐ฌ๐ž ๐‚๐š๐ง ๐‡๐ž๐ฅ๐ฉ

The latest IMARC Group study, "๐•๐ข๐ญ๐š๐ฆ๐ข๐ง ๐‚ ๐๐ซ๐ข๐œ๐ž๐ฌ, ๐“๐ซ๐ž๐ง๐, ๐‚๐ก๐š๐ซ๐ญ, ๐ƒ๐ž๐ฆ๐š๐ง๐, ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ž๐ฐ๐ฌ, ๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ƒ๐š๐ญ๐š ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐„๐๐ข๐ญ๐ข๐จ๐ง,"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.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐˜‚๐˜€:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐—˜๐—บ๐—ฎ๐—ถ๐—น: sales@imarcgroup.com
๐—ง๐—ฒ๐—น ๐—ก๐—ผ: (D) +91 120 433 0800
๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€: +1-631-791-1145

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

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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