Povidone Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Povidone Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A22748
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Povidone Prices December 2023

Category Region Price
Povidone Pharma Excipients USA 8690 USD/MT
Povidone Pharma Excipients China 8285 USD/MT
Povidone Pharma Excipients Germany 8510 USD/MT

In the USA region in Q1-2024 average povidone pricing was $8690 USD/MT affected greatly by various factors. Nevertheless, deviations were observed under the pressure of several stimuli. Demand continued to decrease gradually. However, part of the market started to recover mid-quarter due to growing demand from the pharmaceutical and the cosmetics sectors. The supply chains experienced global logistical problems, such as the trade disruptions that usually exist just before the Chinese festivals, which increased the pressure. Besides that, the increased raw material expenses mainly the 1, Butanediol, in exporting countries have an effect, however minor, on the pricing dynamics of povidone. These multisided elements, however, formed the subtle landscape of how povidone was priced during this specific time.

In China in Q1-2024 average povidone pricing was $8285 USD/MT. The regional demand was subdued, making the market confront the excess inventory. The industry players had to destock through the discounted prices method. The primary intent was to accelerate demand and provide a space for restocking products. On the other hand, a notable 14% drop in freight costs from China has also enhanced trade conditions. This decay, coupled with a comeback of shipments back into transport systems, reanimated the supply chain improving the economy of povidone importation and distribution finally helping supply availability.

In Germany in Q1-2024 average povidone pricing was $8510 USD/MT Germany, one of the key importers of povidone, successfully reconsidered its price strategy and, as a result, it strengthened its position in the global market and drove the price of povidone worldwide downward. The market portrayed the fragile balance amid excessive inventory, deflating inflation, poor economy, and geopolitical tensions. Northern Germany's February exports reached a 12-month high, again influencing the market situation.

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 prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends 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 Price Trend

Povidone Market Analysis

The global povidone market size reached 86.2 Thousand Tonnes in 2023. By 2032, IMARC Group expects the market to reach 144.4 Thousand Tonnes, 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 shape the industry landscape.

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 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 price trends.

Global Povidone Price

The report offers a holistic view of the global povidone pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Povidone Price

In the first quarter of 2024, 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.

Region Countries Covered
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, among other European countries.

North America Povidone Price

During Q1 of 2024, 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 data on povidone prices within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada

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.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

Asia Pacific Povidone Price

The price movement of the povidone market in the Asia Pacific in Q1 of 2024 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 analysis can be further extended to include detailed povidone prices for a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

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.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.

Report Coverage

Key Attributes Details
Product Name Povidone
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
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

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
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  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

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    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

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  • Total Deliverables Per Year: 2 (One Per 6 Months)
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Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 

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 volatility, 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, ensuring they remain at the forefront of the povidone industry. 

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Povidone Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
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