Terbinafine Hydrochloride Prices in India
- India: 62466 USD/MT
In the fourth quarter of 2023, the price of terbinafine hydrochloride reached $62,466 per metric ton. The latest report by IMARC, titled "Terbinafine Hydrochloride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of Terbinafine Hydrochloride 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.
Terbinafine Hydrochloride Prices December 2023:
- India: 62466 USD/MT
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The study delves into the factors affecting Terbinafine Hydrochloride 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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Terbinafine Hydrochloride Price Trend- Q4 2023
The terbinafine hydrochloride market is primarily driven by the rising prevalence of fungal infections globally, coupled with an increased awareness of skin health and hygiene practices. Terbinafine hydrochloride, an antifungal agent effective against a range of skin infections like athlete's foot, ringworm, and jock itch, has seen a boost in demand as these conditions become more common, particularly in humid and overcrowded environments. The growth of this market is also fuelled by the expanding geriatric population who are more susceptible to fungal infections due to weakened immune systems and increased skin vulnerability. Additionally, the availability of terbinafine hydrochloride in various forms, such as creams, gels, sprays, and oral tablets, makes it accessible and convenient for different consumer preferences, further driving its market growth. The pharmaceutical industry's focus on dermatological products and the ease of obtaining these over-the-counter in many regions enhance its accessibility and use among the general population, promoting steady growth in its market.
Terbinafine Hydrochloride Market Analysis
The global terbinafine hydrochloride market size reached US$ 1.2 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 3 Billion, at a projected CAGR of 10.50% during 2023-2032. In the last quarter, terbinafine hydrochloride prices have been influenced by several key factors that have impacted both production costs and market supply dynamics. In North America, the terbinafine hydrochloride market witnessed a modest decline in prices due to reduced demand from the pharmaceutical and healthcare sectors, leading to an oversupply. Additionally, the continual maintenance of high-interest rates by the Federal Reserve impacted consumer purchasing power, further contributing to the downward trend. Moreover, terbinafine hydrochloride pricing in the Asia Pacific region during the Q4 2023 was influenced by several factors. There was a decline in demand from the pharmaceutical and healthcare sectors, leading to a decrease in prices. Additionally, the market experienced an excess supply of terbinafine hydrochloride, further putting downward pressure on prices. Furthermore, in the fourth quarter of 2023, the market in Europe underwent significant influences on prices. Market dynamics were shaped by factors including currency fluctuations, a tightening monetary policy, and weakened consumer sentiments.
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Key Points Covered in the Terbinafine Hydrochloride Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Terbinafine Hydrochloride Prices
- Terbinafine Hydrochloride Price Chart
- Terbinafine Hydrochloride Demand Supply
- Terbinafine Hydrochloride Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Terbinafine Hydrochloride Price Analysis
- Terbinafine Hydrochloride Industry Drivers, Restraints, and Opportunities
- Terbinafine Hydrochloride 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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