Clopidogrel Prices In Korea
- Korea: $43,000/Ton
In the first quarter of 2024, the price of the clopidogrel in in Korea reached $43,000/Ton. Similarly, in Chile, the clopidogrel prices hit $58,000/Ton.
The latest report by IMARC Group, titled "Clopidogrel Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the Clopidogrel Prices. This report delves into the price of Clopidogrel globally, presenting a detailed analysis, along with informative Clopidogrel Price Chart. Through comprehensive 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.
Clopidogrel Prices December 2023:
- Korea: $43,000/Ton
- Chile: $58,000/Ton
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The study delves into the factors affecting Clopidogrel 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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Clopidogrel Price Trend- Q4 2023
The clopidogrel market is primarily driven by the increasing prevalence of cardiovascular diseases (CVDs) globally, as it is widely used as an antiplatelet agent to prevent blood clots in patients with heart conditions such as coronary artery disease, myocardial infarction, and stroke. The aging population, with a higher risk of CVDs, significantly contributes to the rising demand for clopidogrel.
Additionally, the growing awareness about heart health and the importance of preventive medications among both healthcare providers and patients boosts its usage. Clopidogrel's efficacy in combination therapy with other anticoagulants enhances its market appeal, especially in the management of acute coronary syndrome and after percutaneous coronary interventions.
Clopidogrel Industry Analysis
In the European economy, the market price of clopidogrel initially boosted demand in the pharmaceutical sector. However, prices dropped significantly later due to increased supply and restrained demand, coupled with reduced production at downstream processing plants. Rising shipping costs and the depreciation of the Euro also influenced price changes. Despite these factors, consumers benefited from greater availability of commodities, reducing the impact of supply as a primary price determinant.
Furthermore, in North America, initially, the prices rose due to heightened demand from pharmaceutical companies and increased shipping expenses. Conversely, prices gradually declined as freight costs decreased and the US dollar strengthened, improving purchasing power and commodity availability. Besides this, in the Middle East and Africa the pricing trends are influenced by infrastructural developments, investments in construction and transportation, and the region's political climate affecting operational stability and security.
Strategic efforts in the Middle East to diversify from oil dependence and invest in mining and metal production are also reshaping market dynamics. In Africa, resource availability and foreign investments in mining projects play significant roles in influencing local and global clopidogrel supply and pricing.
Likewise, in the Asia-Pacific region, the prices initially surged due to strong demand from new export orders and high shipping costs. Moreover, prices began to decline as regional absorption slowed and international inquiries decreased. Rationalization of freight charges, increased availability, and competitive pressures among suppliers further contributed to price decreases, stimulating trade activities and benefiting consumers by the end of the period.
Apart from this, Latin America's clopidogrel market is heavily influenced by abundant natural reserves, notably in countries such as Chile and Brazil. However, political instability and inconsistent regulatory frameworks contribute to substantial price volatility. Infrastructure limitations and logistical inefficiencies frequently disrupt the supply chain, affecting the region's ability to meet international demand consistently.
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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