The latest report by IMARC, titled " Vitamin E Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," delivers a comprehensive analysis of vitamin E prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Vitamin E Prices December 2023:
- United States: 17035 USD/MT (50% CWS)
- China: 12295 USD/MT (50% CWS)
- Germany: 13395 USD/MT (50% CWS)
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The study delves into the factors affecting vitamin E price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Vitamin E Price Trend- Q4 2023
In the fourth quarter of 2023, the Vitamin E market in North America underwent a notable decline in prices, primarily attributed to reduced end-user demand from the nutraceutical and pharmaceutical industries, coupled with diminished consumer confidence. This market was characterized by instability and an oversupply of Vitamin E supplements on domestic retailers' shelves. Despite the declining trend, the US economy for 2023 was termed "remarkable," showing overall faster growth and avoiding a recession. Towards the latter weeks of December, the Vitamin E business experienced price hikes due to increased consumer demand in the United States and escalated freight charges potentially influenced by the Israel-Hamas conflict.
The global vitamin E market size reached US$ 2.5 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 3.8 Billion, at a projected CAGR of 4.60% during 2023-2032. The declining trend in Vitamin E prices in North America during the last quarter of 2023 was primarily influenced by reduced end-user demand from the nutraceutical and pharmaceutical industries. This decline led to an oversupply situation in the market, prompting retailers to maintain substantial inventories. Despite concerns of potential shortages ahead of the December holiday season, high supply levels persisted. Additionally, decreased consumer confidence further exacerbated the situation, contributing to the overall downward price trend.
In the Asia-Pacific region, the Vitamin E market exhibited mixed trend during the fourth quarter of 2023. While some items saw price rises, others experienced decreases. Overall, there was a minor fall in prices, with variations across different countries. Higher prices were observed towards the latter part of the quarter, particularly in China and India, due to improved offtakes and export pricing. However, this was offset by declining demand from the pharmaceutical and nutraceutical industries, particularly in November. In Europe, the Vitamin E market also experienced a downward trend, influenced by high supply levels, decreased end-user demand, and declining energy prices. These factors contributed to a reduction in prices, with Vitamin E 50% CWS prices falling significantly in markets like Germany by the end of the quarter. Additionally, the influence of China, a major exporter, played a significant role in lowering prices globally, further impacting local markets in Europe.
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Key Points Covered in the Vitamin E Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Vitamin E Prices
- Vitamin E Price Trend
- Vitamin E Demand & Supply
- Vitamin E Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Vitamin E Price Analysis
- Vitamin E Industry Drivers, Restraints, and Opportunities
- Vitamin E News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece*
- North America: United States and Canada
Browse More Pricing Reports by IMARC Group
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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