Povidone Price Trend

Povidone Prices December 2023

In the USA region in Q4 2023 average povidone pricing was 8690 USD/MT affected greatly by various factors. The steady rise in povidone prices was driven by increased global demand and higher inquiries from the pharmaceutical and cosmetic sectors, especially during the winter season, emphasizing personal well-being and appearance. Bulk orders in September ensured sufficient inventory and stable supply.

In China in Q4 2023 average povidone pricing was 8285 USD/MT. The regional demand was subdued, making the market confront the excess inventory. This increase was further amplified by the end of the Golden Week holidays, sparking interest among downstream customers and a modest rise in overseas inquiries. The advent of winter in overseas regions further escalated Povidone prices, which persisted into November, despite a significant decline in 1-butanediol prices widening the spread chart.

In Germany in Q4 2023 average povidone pricing was 8510 USD/MT Germany. Several factors contributed to this price trend. Firstly, as October commenced, increased demand from downstream industries and the arrival of the winter months typically witnessed a rise in demand for povidone-containing products due to their effectiveness against bacteria and fungi.

Povidone Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Povidone Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of povidone pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of povidone at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of povidone price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing povidone price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Povidone Market Analysis

The global povidone market size reached 86.2 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 144.4 Thousand Tons, at a projected CAGR of 5.90% during 2023-2032.

• The pharmaceutical industry's inequitable consumption of povidone in the USA is the primary factor driving the market growth. For instance, according to the Food and Drug Administration (FDA) report in 2023, U.S. pharmaceutical consumption made up for almost 30% of the entire povidone consumption in the USA. Hence, the demand is expected to endure with the evolving drug formulation methods and the growing geriatric population. In this regard, pharmaceutical requirement fluctuations lead to the pharmaceutical market dynamics’ swaying, determining the price trend and production level.
• The market for povidone is in a complex interrelation with regulatory standards emanating from the European Pharmacopoeia. Adherence to these tight standards is crucial for accomplishing market access. For instance, data published by the European Directorate for the Quality of Medicines counts the number of povidone samples tested in 2022 that met the set regulatory criterion as 97%. Market supply is also significantly influenced by such conformity because it might result in restricted market admissions that in turn affect both the supply chain logistics and price equilibrium.
• The market of povidone heavily relies on the global trade dynamics, especially the freight charges. For instance, In Q1 2024, the World Bank notice a huge drop of 14% in freight charges from China to major importing countries. This decrease had a dual impact as it consolidated trade corridors and enhanced the competitive cost of Povidone flow. As a result of these fluctuations, the efficacy of the distribution of povidone changed, leading to the development of different pricing strategies, distribution networks, and marketing strategies. Low freight charges had the effect of causing trade activity to increase, promoting tasks to be carried out in a more streamlined manner while also lowering final product costs for consumers. Therefore, the issues associated with global trade dynamics should be fully grasped by the stakeholders as they try to find their way through the povidone supply chain market.

Povidone News

The report covers the latest developments, updates, and trends impacting the global povidone market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in povidone production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the povidone price trend.

Latest developments in the povidone industry:

• In July 2020, BD commercialized the first, and the only completely sterile povidone-iodine and isopropyl alcohol skin preparation in the USA, which is the only sterile PVP-I antisepsis skin preparation with a sterilized solution available in the country.
• In Feb 2021, Avrio Health launched Betadine, is antiseptic oral rinse whose active ingredient is 0.5 percent povidone-iodine. The rinse solution composed of benzalkonium chloride and sodium hyaluronate is formulated for professionals for mucosa preparation before dental procedures such as surgery, tooth extraction, and injections. The product launch was a mechanism for the diversification of Avrio Health's portfolio while also positioning the organization for a competitive edge in the market. Betadine assists in attaining patient safety and improving procedure efficiency, an undeniable necessity in dentistry. Through providing a private solution to pre-operative oral hygiene, Avrio Health sought to grab its market share and earn the status of a recognized provider of advanced healthcare solutions for both medical practitioners and patients in dentistry.

Product Description

Povidone, also known as polyvinylpyrrolidone (PVP), is a water-soluble polymer with a wide range of applications in pharmaceuticals, personal care products, and industry. Its adaptability lies in the fact that it can be used as an emulsifier, gelling agent, stabilizer, and dispersant. Povidone in the pharmaceutical industry is a pharmaceutical excipient present in formulations like tablets, capsules, and ointments which helps in drug solubility, dissolution, and bioavailability enhancement. It can also be found as an active ingredient in numerous topical formulations, such as wound care products and ocular solutions, due to its mucoadhesive and moisturizing properties. Moreover, povidone is also applied in personal care products such as shampoos, creams, and gels that act as a thickening agent and emulsifier. In industrial settings, povidone is used in adhesives, coatings, and as the stabilizer for suspension polymerization. Its scope of application is a testament to its significance in global industries.

Regional Coverage

The report provides a detailed analysis of the povidone market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the povidone price trend. 

Global Povidone Price

The report offers a holistic view of the global povidone pricing trends in the form of povidone price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of povidone but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed povidone demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Povidone Price

The European povidone market with the southward trend in pricing influenced by different factors. On top of that, stagnant regional demand and excess supply affected this decline. Besides, global trade dynamics such as freight rates and the cost of raw materials also influenced the price patterns. These complexities of supply and demand forces play out within the European povidone market that is driven by these fluctuations in prices and strategic maneuvers by major players.

This analysis can be extended to include detailed povidone price information for a comprehensive list of countries.

North America Povidone Price

The North American povidone price was affected by a complex mix of factors going beyond the usual ones. As demand and supply shifts continued to be the most important influencing factor, the situation became more and more complicated. External factors such as global trade frictions around Chinese festive holidays and raw material costs, 1, specifically Butanediol, contributed to pricing dynamics. Moreover, investor psychology, regulatory updates, and geopolitical developments were additional factors that influenced the price movement. This environment made it clear how complex the domestic and international factors are, and that a comprehensive approach is needed to understand the diverse nature of povidone pricing in North America during that period.

Specific povidone historical data within the United States and Canada can also be provided.

Middle East and Africa Povidone Price

The report explores the povidone pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on povidone prices for countries can also be provided.

Asia Pacific Povidone Price

The price movement of the povidone market in the Asia Pacific can be characterized by several factors that vary. Notwithstanding that factors like weak demand and excess stock affect the prices negatively, the other elements intervene. Losses in foreign markets resulted in the suppliers cutting their prices significantly. However, the fall in 1-butanediol prices, the major component of povidone, also affected the trend. Moreover, the mid-quarter market took a bounce, driven by more end-user inquiries that were adequately met by the increasing inventory levels. This multiplicity of factors is the pilot of the region's povidone market, sailing through vicissitudes by changing demand and supply conditions.

This povidone price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Povidone Price

The analysis of povidone prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of povidone pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting povidone price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The povidone price charts ensure our clients remain at the forefront of the industry.