Enalapril Maleate Prices Trend and Forecast

North America

In the fourth quarter of 2022, the Enalapril Maleate Prices in North America experienced fluctuations. Prices began to climb in Q4 2022 and continued to do so throughout the second month of the fourth quarter due to high manufacturing costs, numerous logistical issues, and rising inflation. Additionally contributing to the market's stability were rising transportation costs and port congestion at the major ports. Furthermore, the market condition was improved by the slowdown in API output brought on by increased energy prices. Prices begin to decline later in the month of December as a result of weaker inflation and decreased end-user sector demand as the holiday season approaches. In December, the Enalapril maleate API settlement price fell to USD 80425/MT CFR in Los Angeles.  

Asia

The Asia Pacific Enalapril Maleate API market saw a turbulent fourth quarter in 2022. It was witnessed that the prices would rise till the second month of the quarter due to increased end-user sector demand, several logistical challenges, and rising inflation. The market remained competitive because of rising production costs brought on by rising energy prices and increased domestic output to meet demands from both domestic and foreign markets. The stringent zero covid policies and frequent lockdowns in the Chinese regions have impacted the market. Later in December, as domestic merchants had sufficient stock, Enalapril maleate API prices began to decline. The policies being relaxed and the weak downstream demand influenced the market's ongoing decline. In December, the settlement price for Enalapril maleate API fell to USD 154640/MT FOB Shanghai.

Europe

In the fourth quarter of 2022, prices for Enalapril Maleate API fluctuated in the European region. The downstream market for the pharmaceutical sector was seen to have a steady demand for Enalapril maleate API. Price hikes were brought on by ongoing port congestion and supply disruption in the European region in the first two months of Q4 022. Retailers in Europe make the decision to considerably refill their inventory due to the approaching Christmas season and the necessity to prepare for it. However, prices decreased dramatically in December as a result of a fall in inflation, relief from port congestion, and a slight increase in existing inventories among the merchants. The cost of Enalapril Maleate API was USD 173320/MT CFR Hamburg toward the end of Q4 2022.

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