Salicylic Acid Price in USA

• United States: 3250 USD/MT

In Q4 2023, the price of salicylic acid in the United States hit 3250 USD/MT. October saw a significant drop in prices, primarily due to weakened domestic demand and abundant inventories maintained by market vendors.

The latest report by IMARC Group, titled "Salicylic Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of salicylic acid 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.

Salicylic Acid Prices December 2023:

• United States: 3250 USD/MT

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The study delves into the factors affecting salicylic acid 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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Salicylic Acid Price Trend- Q4 2023

The market experienced dynamic growth driven by the diverse applications of salicylic acid across various industries, particularly in personal care, pharmaceuticals, and cosmetics. Salicylic acid is a critical ingredient in acne treatments and other skincare products due to its ability to exfoliate skin and clear pores, enhancing its demand in the personal care sector. Moreover, its role in manufacturing aspirin and other medications emphasizes its importance in the pharmaceutical industry. The increasing consumer awareness about skin health and rising healthcare expenditure globally further catalyzes the demand for salicylic acid. Overall, the integration of salicylic acid into new and existing health and beauty products, coupled with rising global health consciousness, underscores its steady market growth.

Salicylic Acid Market Analysis

The global salicylic acid market size reached US$ 447.5 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 746.4 Million, at a projected CAGR of 5.70% during 2023-2032. In the last quarter of 2023, salicylic acid prices witnessed significant fluctuations influenced by a myriad of factors. Initially, in North America, prices saw a notable decrease in October, largely due to subdued domestic demand and the presence of abundant inventory among market merchants. This situation was further exacerbated by the strong US dollar, which made imports cheaper and contributed to the price drop. Similarly, price reductions in key exporting countries like China also played a crucial role in driving down costs. However, a shift occurred in November with prices rebounding sharply. This increase was driven by heightened consumer spending linked to major shopping events and a surge in demand from sectors utilizing salicylic acid, particularly in personal care products.

In the Asia-Pacific region, the market dynamics were similarly volatile. October recorded a contraction in China's manufacturing sector, reflecting broader economic challenges and impacting salicylic acid prices negatively. Nevertheless, a rebound in November driven by improved domestic market orders and optimistic manufacturing sentiments led to a surge in prices. This was further fueled by rising phenol prices, a crucial raw material for salicylic acid. The onset of colder weather increased demand for salicylic acid in skincare products, sustaining the price uptrend. December saw continued price increases, propelled by steady demand in cosmetics, pharmaceuticals, and healthcare sectors despite minimal fluctuations in raw material costs.

Browse Full Report: https://www.imarcgroup.com/salicylic-acid-pricing-report

Key Points Covered in the Salicylic Acid Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

• Salicylic Acid Prices
• Salicylic Acid Demand
• Salicylic Acid Demand & Supply
• Salicylic Acid Market Analysis
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Salicylic Acid Price Analysis
• Salicylic Acid Industry Drivers, Restraints, and Opportunities
• Salicylic Acid 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

Browse More Pricing Reports By IMARC Group:

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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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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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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