Povidone Prices

Povidone Prices December 2023

The povidone prices in the United States for Q4 2023 reached 8690 USD/MT in December. The prices in the USA initially increased due to strong demand from industries such as pharmaceutical and cosmetics. However, disruptions in shipping and geopolitical tensions led to a price drop by December. The surplus inventory and reduced orders from China further impacted the market, contributing to a downward trend in prices.

The price trend for povidone in China for Q4 2023, reached 8285 USD/MT in December. The prices in China experienced fluctuations driven by weak demand from the fertilizer industry and maintenance shutdowns. The end-of-year holiday season witnessed a decrease in prices due to lower production and distribution activity. Additionally, the decline in 1-Butanediol prices influenced the overall market trend.

The price trend for povidone in Germany for Q4 2023, reached 8510 USD/MT in December. This quarter witnessed a surprising drop in potassium chloride prices. Initially supported by strong demand and favorable exchange rates, prices fell unexpectedly in December. This decline was influenced by a technical recession and lower economic activity, leading to adjustments in inventory and a shift in market dynamics.

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 the current price but also provides insights into povidone historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into povidone 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

In the fourth quarter of 2023, the European potassium chloride market witnessed rising prices initially due to increased demand and a stronger Euro, which made imports more affordable. The winter season and rising costs of upstream materials, like Butanediol, supported this upward trend. However, by December, prices fell unexpectedly. This decline was influenced by a decrease in demand and a technical recession in Germany, marked by a drop in key economic indicators. Traders had to adjust their inventories, responding to the shifting market conditions and weakening demand in the final month of the quarter.

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

North America Povidone Price

In the fourth quarter of 2023, the potassium chloride market in North America witnessed a volatile price trend. Initially, prices rose due to increased global demand and heightened interest from industries such as pharmaceuticals and cosmetics. Bulk orders and stable inventories supported this trend. However, disruptions in shipping and geopolitical tensions led to a significant price drop as the quarter ended. This decline was driven by reduced new orders and a surplus of inventory among suppliers, influenced by lower export prices from China. Additionally, a weaker price trend in key inputs like 1-Butanediol compounded the downward pressure on prices, reflecting a complex interplay of supply and demand dynamics.

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

During the fourth quarter of 2023, the potassium chloride market in the APAC region experienced fluctuating prices. The quarter started with high demand from the pharmaceutical and personal care sectors, which kept prices elevated. The end of the Golden Week holidays and winter season further fueled this demand. However, as the quarter progressed, a significant drop in the cost of 1-Butanediol led to lower potassium chloride prices. Seasonal slowdowns in pharmaceutical production and distribution also contributed to the price decline in December. Despite these challenges, suppliers managed their inventories effectively, ensuring stable supply and meeting market needs amid fluctuating demand.

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.