Liquid Carbon Dioxide Price In USA
- United States: 660 USD/MT
Liquid Carbon Dioxide prices increased in India after November 2023 due to the booming automotive paint industry and furniture segment during the festive season.
The latest report by IMARC, titled "Liquid Carbon Dioxide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of liquid carbon dioxide prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Liquid Carbon Dioxide Prices December 2023:
- United States: 660 USD/MT
- Japan: 240 USD/MT
- Belgium: 225 USD/MT
Report Offering:
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The study delves into the factors affecting liquid carbon dioxide 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.
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Liquid Carbon Dioxide Price Trend- Q4 2023
The liquid carbon dioxide market is being primarily driven by the growing demand for liquid CO2 in the food and beverage sector, where it is used for freezing, chilling, and carbonation processes. As consumers continue to seek out fresh and preserved food products, the need for efficient refrigeration and preservation methods has increased, leading to a rise in the demand for liquid CO2. Additionally, the industrial sector relies on liquid CO2 for cleaning, extraction, and environmental applications. Industries such as manufacturing, pharmaceuticals, and wastewater treatment utilize liquid CO2 for its solvent properties and environmental benefits. Furthermore, the medical sector contributes to the market growth through the use of liquid CO2 in cryotherapy treatments and medical device sterilization. Overall, the versatile properties and widespread applications of liquid carbon dioxide across various industries are driving its market growth globally
Liquid Carbon Dioxide Market Analysis
The global liquid carbon dioxide market size reached 8.4 Million Tonnes in 2023. By 2032, IMARC Group expects the market to reach 13.4 Million Tonnes, at a projected CAGR of 5.30% during 2023-2032. Several factors have influenced the prices of liquid carbon dioxide in the last quarter, with supply and demand dynamics playing a significant role. The liquid carbon dioxide market in North America experienced a mixed trend in the fourth quarter of 2023. The prices of liquid carbon dioxide continued to rise due to elevated natural gas prices in the first half of the quarter. The increased demand from the carbonated drinks and food packaging sectors significantly impacted on the overall price dynamics.
In the fourth quarter of 2023, the liquid carbon dioxide market in the Asia Pacific region exhibited a southwards performance. A significant factor influencing the market was the moderate state of the supply chain, characterized by a slowdown in export volumes due to subdued demand domestically and internationally. Concurrently, the demand for liquid carbon dioxide from the packaging industry and other downstream sectors remained at a moderate level throughout the quarter. In the fourth quarter of 2023, the European market for liquid carbon dioxide experienced several significant factors that impacted prices. Firstly, the overall operational rate in the region declined, leading to a reduction in production costs. This decrease in replenishing storage facilities reduced the risk of capacity constraints during the winter heating season. Another contributing factor was the ongoing destocking trend in the Eurozone, which led to a substantial decline in manufacturing activity. Additionally, external factors such as changes in energy costs, regulatory policies, and environmental regulations can influence the cost of liquid CO2 production, thereby impacting its market prices. Overall, the interplay of supply and demand dynamics, supply chain disruptions, and external factors contributes to the fluctuation of liquid carbon dioxide prices in the market.
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Key Points Covered in the Liquid Carbon Dioxide Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Liquid Carbon Dioxide Price News
- Liquid Carbon Dioxide Price Forecast
- Liquid Carbon Dioxide Demand & Supply
- Liquid Carbon Dioxide Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Liquid Carbon Dioxide Price Analysis
- Liquid Carbon Dioxide Industry Drivers, Restraints, and Opportunities
- Liquid Carbon Dioxide News and Recent developments
- Global Event Analysis
- List of Key Players
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.
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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