Valsartan Prices Trend | Pricing | News | Database | Chart
North America
In Q3 2024, the North American Valsartan market displayed a fluctuating trajectory, with prices initially rising before declining later in the quarter. In July, prices increased due to several key factors. Improved consumer confidence in business conditions bolstered a positive market outlook, which supported higher Valsartan prices. Additionally, supply chain disruptions stemming from blank sailings and rerouted ships around the Cape of Good Hope (COGH)—a result of severe port congestion in both Asia and North America—further contributed to the price hike.
By August and September, however, the market saw a notable shift as demand dropped at the fastest rate in recent months. To address this decline, many market participants reduced prices to stimulate sales, accelerating the downward trend. This movement was further influenced by a significant decline in inflation, primarily driven by lower energy costs, which reduced business overheads and enabled companies to pass on cost savings to consumers.
The USA witnessed the most pronounced price fluctuations in the region. By the end of Q3, the price of Valsartan (USP, FDA) CFR New York had settled at USD 84,780 per metric ton, underscoring the substantial market dynamics that shaped the quarter.
Get Real time Prices for Valsartan: https://www.chemanalyst.com/Pricing-data/valsartan-1406
Asia Pacific
Valsartan pricing in the Asia Pacific (APAC) region experienced a similar pattern of initial increases followed by significant declines in Q3 2024. Early in the quarter, robust global demand drove prices higher. Strong export activities from Asia to key markets in North America and Europe played a central role, as foreign importers placed larger orders to preempt potential supply shortages. This proactive ordering further boosted prices.
However, by August and September, prices began to decline notably due to weakening demand. This decline was marked by slower export growth and falling prices, reflecting a broader economic slowdown across the region. Adding to the pressure were anti-dumping measures implemented by major markets, including the USA, Europe, and India, which reduced overall demand for Valsartan. By the end of the quarter, Valsartan was priced at USD 83,000 per metric ton FOB Zhenjiang, China, highlighting the challenges posed by regulatory actions and shifting market dynamics.
Europe
The European Valsartan market in Q3 2024 exhibited mixed trends, with Germany standing out as the most affected region. Prices rose in July, supported by positive consumer sentiment, increased purchasing activity, and peak seasonal demand. This period also faced ongoing capacity constraints and logistical challenges, particularly due to congestion in the Red Sea region, which drove up shipping costs and spot rates.
However, the upward momentum reversed in August and September as several factors exerted downward pressure on prices. Weakening consumer sentiment and reduced domestic demand for pharmaceuticals, including Valsartan, weighed on the market. Additionally, a decline in inflation, lower energy prices, and favorable base effects alleviated cost pressures, enabling suppliers to reduce prices for imported Valsartan.
By the end of Q3, the price of Valsartan in Germany had settled at USD 85,000 per metric ton CFR Hamburg, reflecting the complex interplay of economic conditions, logistical challenges, and regulatory influences shaping the market.
Get Real time Prices for Valsartan: https://www.chemanalyst.com/Pricing-data/valsartan-1406
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