Dextrose Prices In USA
- United States: $657/MT (Dextrose Monohydrate)
The price of dextrose further dropped in the USA because of the declining prices of essential raw materials, such as corn.
The latest report by IMARC Group, titled "Dextrose Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the Dextrose Prices. This report delves into the price of Dextrose globally, presenting a detailed analysis, along with informative Dextrose Price Chart. Through comprehensive Dextrose Price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Demand, analyzing how it impacts Industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Dextrose Prices December 2023:
- United States: $657/MT (Dextrose Monohydrate)
- South Korea: $607/MT (Dextrose Monohydrate)
- Germany: $649/MT (Dextrose Monohydrate)
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The study delves into the factors affecting dextrose price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/dextrose-pricing-report/requestsample
Dextrose Price Trend- Q4 2023
The dextrose market, particularly in North America during the fourth quarter of 2023, experienced a significant surplus of dextrose, which led to a notable decline in prices. This surplus can be attributed to diminished demand domestically and internationally, resulting in suppliers accumulating excess inventory.
Additionally, reduced demand and a decline in corn prices, the primary raw material for dextrose production, further contributed to the drop in prices. Moreover, global economic conditions, characterized by inflation concerns and the potential for a recession, influenced investor behavior and contributed to a situation of moderate to high supply and reduced demand in the dextrose market. As a result, the pricing trend for dextrose in North America indicated a continued decrease throughout the quarter.
Dextrose Industry Analysis
The global dextrose market size reached US$ 6.1 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 12.3 Billion, at a projected CAGR of 8.10% during 2023-2032.Conversely, in the APAC region, dextrose prices declined in the fourth quarter of 2023 due to reduced demand from downstream sectors.
Factors, such as subdued domestic demand, prompted by high interest rates, and a reduction in inflation in countries like South Korea contributed to the downward pressure on prices. Moreover, increased supply from other exporting regions further escalated the oversupply situation, leading to retailers and distributors offering reduced quotations to clear excess inventory.
Meanwhile, the European dextrose market encountered pricing fluctuations in the final quarter of 2023, driven by various factors. A decline in individual spending, fueled by a reduced economy and high inflation, significantly impacted demand across industries. Surplus inventory among suppliers and decreased demand from downstream markets, coupled with a mild recession in countries like Germany, contributed to a notable drop in prices.
These challenges in supply and demand dynamics resulted in pronounced price fluctuations throughout the region, particularly in Germany, which constituted the largest market in Europe. Overall, the dextrose market faced challenges in supply and demand dynamics, resulting in pronounced price fluctuations across different regions, particularly towards the end of the quarter.
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
- 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
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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