APAC Pectin Prices Movement Q2:
Pectin Prices in China:
Product | Category | Price |
Pectin | Pharma Excipients | 8895 USD/MT |
In the fiscal year, Pectin Prices in China reached $8,895 per metric ton during Q2. China's pectin market experienced a significant price reduction, primarily driven by increased manufacturing capacity and an influx of new suppliers, which resulted in excess stock. Seasonal factors, including a large harvest of citrus fruits and apple pomace, contributed to the steady decline in high methyl pectin (HM) costs. With weak demand for this surplus supply, market competition intensified. To maintain their market share, producers were forced to lower their prices in response to the oversupply. This shift in the market created a challenging environment for suppliers, who had to adjust their pricing strategies to stay competitive.
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European Pectin Prices Movement Q2:
Pectin Prices in Germany:
Product | Category | Price |
Pectin | Pharma Excipients | 11200 USD/MT |
In the fiscal year, pectin prices in Germany settled at $11,200 per metric ton during Q2. Germany's pectin market in the last year experienced consistent price declines, resulting in a muted market atmosphere. This downturn was largely attributed to significant fluctuations in production costs, which created instability and dampened market sentiment. Despite the onset of summer and other seasonal events, there was insufficient adoption of the product to offset the surplus, further weakening the market. The combination of weak demand, oversupply, and unpredictable cost swings led to a deteriorating market environment, with prices continuing to fall throughout the quarter. These factors created a challenging landscape for pectin producers, as the market struggled to gain traction.
How the IMARC Pricing Database Can Help
The latest IMARC Group study, “Pectin Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of the Pectin price trend, offering key insights into global Pectin market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Pectin demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.
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Key Features:
Key Attributes | Details |
Product Name | Pectin |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Pectin Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (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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