North America Vitamin B2 Prices Movement Q2:
Vitamin B2 Prices in the United States:
Product | Category | Price |
Vitamin B2 | Specialty Chemical | 36,560 USD/MT |
In the fiscal year, vitamin B2 prices in the United States reached $36,560 per metric ton during Q2. the U.S. vitamin B2 market saw notable price declines, primarily due to several key factors. Distribution channel disruptions affected the supply chain, making it more difficult to maintain consistent pricing. Additionally, competition from Asian producers intensified, as they offered lower prices, further putting pressure on the U.S. market. The situation was worsened by reduced demand from critical sectors such as nutraceuticals and pharmaceuticals, where vitamin B2 is widely used. With weakening demand and growing competition, U.S. exporters were compelled to lower their prices to stay competitive in the global market, exacerbating the downward trend.
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APAC Vitamin B2 Prices Movement Q2:
Vitamin B2 Prices in China:
Product | Category | Price |
Vitamin B2 | Specialty Chemical | 34,120 USD/MT |
In the fiscal year, vitamin B2 prices in China reached $34,120 per metric ton during Q2. Vitamin B2 prices in China experienced a significant drop, driven by several factors. Increased imports flooded the market, leading to a surplus of available stock. Meanwhile, both local and global demand weakened, contributing to reduced pressure on prices. As the market struggled with excess inventory, producers were forced to lower prices to clear their remaining stock. The combination of higher imports, lower demand, and the need to move surplus inventory resulted in a substantial price decline. These dynamics reflected a challenging market environment for vitamin B2 producers and suppliers in China.
European Vitamin B2 Prices Movement Q2:
Vitamin B2 Prices in Germany:
Product | Category | Price |
Vitamin B2 | Specialty Chemical | 41,400 USD/MT |
In the fiscal year, vitamin B2 prices in Germany reached $41,400 per metric ton during Q2. Germany's vitamin B2 market experienced notable price declines driven by several factors. Surplus supply, coupled with reduced demand from key sectors like medicine and wellness, created an oversupply situation that put downward pressure on prices. Additionally, competitive imports from China, priced lower than domestic products, intensified the price reductions, forcing German suppliers to adjust accordingly. Further complicating the situation were ongoing supply chain disruptions, including port delays, which hindered the smooth flow of goods and added to the overall strain in the industry. These factors combined to create a challenging and highly competitive market for vitamin B2 in Germany.
How the IMARC Pricing Database Can Help
The latest IMARC Group study, “Vitamin B2 Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of the Vitamin B2 price trend, offering key insights into global Vitamin B2 market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Vitamin B2 demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.
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Key Features:
Key Attributes | Details |
Product Name | Vitamin B2 |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Vitamin B2 Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Information Covered for Key Suppliers | · Company Overview · Business Description · Recent Trends and Developments |
Customization Scope | The report can be customized as per the requirements of the customer |
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