Dipotassium EDTA Prices in India
- India: 3058 USD/MT
In December of Q4 2023, the price of dipotassium EDTA (98%) in India reached 3,058 USD/MT. The report analyzes the factors influencing dipotassium EDTA price fluctuations, including changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. The latest report by IMARC, titled " Dipotassium EDTA Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data " delivers a comprehensive analysis of Dipotassium EDTA 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.
Dipotassium EDTA Prices December 2023:
- India: 3058 USD/MT
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The study delves into the factors affecting Dipotassium EDTA 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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Dipotassium EDTA Price Trend- Q4 2023
The rising awareness of the benefits associated with the use of chelating agents has substantially fueled the market growth of dipotassium EDTA globally. Moreover, the burgeoning demand for enhanced stability and shelf life in personal care products and cosmetics is a pivotal factor driving market expansion. The food and beverage industry is also witnessing a significant increase in the utilization of additives that prevent spoilage and maintain nutrient quality, which in turn is boosting the market demand for dipotassium EDTA. In addition, the agricultural sector relies increasingly on fertilizers and nutrients that are stabilized with chelating agents to enhance nutrient availability to plants, thereby supporting market growth. Moreover, the shift towards the adoption of biodegradable and non-toxic chemical agents in various industries including paper and pulp, textile, and pharmaceuticals is propelling the market growth. The emphasis on sustainable and eco-friendly manufacturing processes has led to an uptick in the use of dipotassium EDTA as it aids in reducing heavy metal contamination. Additionally, advances in technology pertaining to the synthesis and application of chelating compounds are playing a crucial role in market development. The demand for dipotassium EDTA is further amplified by its use in water treatment facilities to mitigate the effects of hard water and prevent scale buildup, which enhances the efficiency of machinery and extends the life of infrastructure. Also, consumer inclination towards products that are safe, effective, and environmentally friendly is enhancing the adoption of dipotassium EDTA in various applications. Coupled with this, innovative approaches in product formulation and the strategic positioning of these chelating agents in the market are significantly contributing to the market growth.
Dipotassium EDTA Market Analysis
The global dipotassium EDTA market size reached 26.2 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 36 Thousand Tons, at a projected CAGR of 3.62% during 2023-2032. During the last quarter of 2023, the Dipotassium EDTA market experienced significant price fluctuations influenced by a combination of factors across different regions. One primary factor was the noticeable decrease in the overall demand for Dipotassium EDTA. This downturn in demand was evident across multiple sectors that use Dipotassium EDTA, leading to a reduction in market prices as suppliers adjusted to lower consumption rates. The decrease in demand can be attributed to various macroeconomic conditions and industry-specific challenges, such as slowing industrial activities and a cautious approach from the downstream industries relying on this chemical, which include sectors like pharmaceuticals, agriculture, and personal care products. These industries faced their own set of demand fluctuations, which in turn impacted the demand for Dipotassium EDTA. Furthermore, the market dynamics were also affected by geopolitical factors and changes in trade policies that influenced import and export activities. In North America and Europe, weakened import prospects due to a less favorable global trading environment led to an accumulation of inventories, exerting downward pressure on prices. The decline in international market demand further contributed to this trend, with both regions experiencing similar impacts due to their reliance on global markets for trade. The year-end destocking phenomenon also played a crucial role; companies aimed to reduce their inventory levels by the end of the fiscal year, leading to increased market supply of Dipotassium EDTA at reduced prices. Additionally, the raw material market, particularly for EDTA, saw a significant decline, which did not provide cost support for Dipotassium EDTA prices, thereby mirroring the downtrend in the raw materials market.
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Key Points Covered in the Dipotassium EDTA Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Dipotassium EDTA Prices
- Dipotassium EDTA Price Chart
- Dipotassium EDTA Demand Supply
- Dipotassium EDTA Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Dipotassium EDTA Price Analysis
- Dipotassium EDTA Industry Drivers, Restraints, and Opportunities
- Dipotassium EDTA 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, Colombia, 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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