For the Quarter Ending September 2023
North America
In the period from July to September, Ibuprofen prices in CFR New York experienced an ascent from $10,290 per metric ton to $10,150 per metric ton, culminating in a positive conclusion to the third quarter of 2023. This upward price trend underscored a clear inclination toward higher pricing levels, depicting an average quarterly increase of 0.14%. The domestic market for this nutraceutical exhibited an upward trajectory throughout the quarter, driven primarily by consistent demand across various end-user sectors. The constrained inventory levels, ranging from limited to modest, compelled sellers to incrementally raise prices each month, playing a pivotal role in sustaining the optimistic pricing trend for Ibuprofen in the United States. Additionally, the latter part of the quarter witnessed an increase in import costs due to fluctuations in the exchange rate between the US dollar and the Yuan. Despite a slight slowdown in inflation during the third quarter of 2023 owing to significant changes in the US economy, market participants remained vigilant in light of the Federal Reserve's decision to raise interest rates. Warehousing costs, warehouse utilization, and inventory expenses experienced a noticeable surge starting in the first week of July in the United States. Consequently, commodities like Ibuprofen saw price hikes due to the escalating expenses associated with inventory management and storage. In summary, it is likely that importing countries underwent a trajectory similar to exporting countries during this period.
Asia Pacific
In the third quarter of 2023, there was a discernible increase in the cost of Ibuprofen, with prices rising from $22,850 per metric ton in July to $22,765 per metric ton on a FOB Shanghai basis by September. This shift indicated a proclivity toward higher prices, reflecting an average quarterly increase of 0.17%. China, the world's second-largest economy, experienced a slower growth rate than anticipated in the first half of 2023, and this trend persisted into the latter part of the year, casting a negative shadow over the start of the third quarter. The primary contributors to the price surge of Ibuprofen in China during this quarter were the strengthening of the Chinese Yuan (RMB) relative to the US dollar and increased local demand from end-user businesses. The appreciating value of the Yuan and the weakening US dollar raised export expenses, impacting both domestic and international markets. Heightened demand and disruptions in the supply chain created an imbalance, exerting upward pressure on prices. Towards the end of September, just before the Golden Week holidays, there was a minor uptick in both shipping and manufacturing costs due to a surge in demand and inquiries. Another contributing factor to the price increase was strategic bulk purchasing by market participants seeking to replenish their inventories, intensifying overall demand during the holiday season.
Get Real Time Prices of Ibuprofen: https://www.chemanalyst.com/Pricing-data/ibuprofen-1331
Europe
During the third quarter of 2023, the price of Ibuprofen exhibited a consistent trend, showing a slight increase from $1280 per metric ton in July to $1220 per metric ton CFR Hamburg in September. This pattern indicated a notable upswing in prices, resulting in an average quarterly growth of 0.08%. In July, with conditions stabilizing and the economy showing signs of improvement, German Ibuprofen suppliers initiated substantial orders to replenish their inventories and meet the growing demand within the country. Nevertheless, as the third quarter commenced, experts in the industry noted that the German manufacturing sector still faced challenges. In response to increased inquiries from local companies, the import of Ibuprofen from Asia, particularly China, remained an attractive option throughout the quarter. The depreciation of the Euro played a significant role in the rising prices in Germany, as the strong US dollar compelled domestic businesses to pay higher prices for imported goods from China. On the economic front, persistent high inflation and the challenging manufacturing environment in Germany continued to hinder growth, leading market investors to maintain a cautious approach.
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This unique report on World Ibuprofen Market till 2025 presents quality data on the global market revenue, sales, growth rate and leading market players.
The supply chain analysis completes the Ibuprofen market understanding for a new entrant as well as existing players.
The import and export data along with consumption statistics from major countries is sure to enrich the strategists understanding of the market.Ibuprofen market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving revenue growth and profitability.
The industry report lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market.
Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/46983-world-ibuprofen-market-reportThe players mentioned in our reportXinhua PharmaceuticalIOLCPGranules BiocauseShasunBASFSI GroupXinhua-PerrigoGlobal Ibuprofen Market: Product Segment AnalysisUSPEPGlobal Ibuprofen Market: Application Segment AnalysisTabletCapsuleSuspensionOtherGlobal Ibuprofen Market: Regional Segment AnalysisUSAEuropeSouth East AsiaChinaIndiaDownload Free Sample Report of World Ibuprofen Market @ https://www.decisiondatabases.com/contact/download-sample-46983 There are 10 Chapters to deeply display the World Ibuprofen market.Chapter 1 Ibuprofen Industry OverviewChapter 2 Ibuprofen Market by Major RegionsChapter 3 Market SegmentationChapter 4 World Ibuprofen Productions, Supply and Sales MarketChapter 5 Company ProfilesChapter 6 Channels of Distribution and Major End BuyersChapter 7 Major Distributors Analysis and Price analysis of the Ibuprofen MarketChapter 8 World Ibuprofen industry Value chain overviewChapter 9 World Ibuprofen Market Forecast to 2025Chapter 10 Investment AnalysisPurchase the complete World Ibuprofen Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-46983 Other Reports by DecisionDatabases.com:World Hemodynamic Monitoring Devices Market Research Report 2025(covering USA, Europe , South East Asia, China, India and etc )About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
In this report, in the last several years, global market of Ibuprofen developed unstably, with an average growth rate of 0.44%.
In 2016, global revenue of Ibuprofen was nearly 260 million USD; the actual production was about 25500 MT.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-ibuprofen-market-2020-2026/request-sample The classification of Ibuprofen includes USP and EP; and the sales proportion of USP Ibuprofen in 2016 was about 65.7%.
Following North America, Europe was the second largest sales place with the sales market share of 26.2%.
Xinhua Pharmaceutical, IOLCP, Granules Biocause, Shasun, BASF and SI Group are the leaders of in the industry, and they hold key technologies and patents, with high-end customers, have been formed in the monopoly position in the industry.
This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering• Xinhua Pharmaceutical• IOLCP• Granules Biocause• StridesShasun• BASF• SI Group• Xinhua-Perrigo Pharmaceutical• Hisoar On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into• USP• EP By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into• Tablet• Capsule• Suspension• Other By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like• China• USA• Europe• Japan• Korea• India• Southeast Asia• South America Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-ibuprofen-market-2020-2026 Table of Contents Global Ibuprofen Market Professional Survey Report 20191 Report Overview1.1 Definition and Specification1.2 Manufacturers and Region Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.3.1 USP1.3.2 EP1.4 Application Overview1.4.1 Tablet1.4.2 Capsule1.4.3 Suspension1.4.4 Other1.5 Industrial Chain1.5.1 Ibuprofen Industrial Chain1.5.2 Upstream1.5.3 Downstream 2.1 The Overall Market Performance(Volume)2.1.1 USP2.1.2 EP2.2 The Overall Market Performance(Value)2.2.1 USP2.2.2 EP 3 Global Ibuprofen Market Assessment by Application3.1 Overall Market Performance (Volume)3.2 Tablet3.3 Capsule3.4 Suspension3.5 Other Continued… Read all Reports of this category @ https://www.radiantinsights.com/catalog/pharmaceuticals-and-healthcare About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
The Global Ibuprofen Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Browse the complete Global Ibuprofen Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/10997-ibuprofen-market-report The report also covers the complete competitive landscape of the global Ibuprofen market with company profiles of key players such as: Xinhua PharmaceuticalIOLCPGranules BiocauseStrides ShasunBASFSI GroupXinhua-Perrigo PharmaceuticalHisoarThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypeUSPEPBy ApplicationTabletCapsuleSuspensionOtherBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Ibuprofen Market @ https://www.decisiondatabases.com/contact/download-sample-10997The Global Ibuprofen Market has been exhibited in detail in the following chapters –Chapter 1 Ibuprofen Market Preface Chapter 2 Executive SummaryChapter 3 Ibuprofen Industry AnalysisChapter 4 Ibuprofen Market Value Chain AnalysisChapter 5 Ibuprofen Market Analysis By TypeChapter 6 Ibuprofen Market Analysis By ApplicationChapter 7 Ibuprofen Market Analysis By GeographyChapter 8 Competitive Landscape Of Ibuprofen CompaniesChapter 9 Company Profiles Of Ibuprofen IndustryPurchase the complete Global Ibuprofen Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10997Other Reports by DecisionDatabases.com:Global Cholinergic Drugs Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Seborrhea Drugs Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Opthalmic Pharmaceutical Drugs Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
