Amitriptyline Hydrochloride Prices in the Global Market
North America
The Amitriptyline
Hydrochloride Prices in the United States mimic similar market
sentiments as that of India. Until November, the prices inclined moderately on
the back of consistent end-user demand from the domestic market balanced with
the overall supplies among the market participants. However, as the year ends,
the prices for Amitriptyline Hydrochloride dropped gradually in December 2022,
which resulted in the stockpiling of inventories among the market players,
propelling the m to reduce their prices in order to destock their stockpiles
and maintain their profit. Additionally, a decrease in shipping costs, slower
consumer demand, and a temporary shutdown of the domestic market kept the price
trend of Amitriptyline Hydrochloride on the weaker side.
APAC
Amitriptyline Hydrochloride
prices witnessed a declining trend throughout the fourth quarter of 2022 in the
Asia Pacific region. Compared to the previous quarter, the prices inclined
stably until November and dropped considerably during the last month of the
fourth quarter. A slight increase in demand and sufficient inventories among
the market players kept the prices of Amitriptyline Hydrochloride on the upper
side. Rising energy prices additionally impacted the market sentiments of all
the sectors, including Pharmaceutical as operational charges and the cost of
upstream material also inclined until the mid of the final quarter of 2022.
Following December, the prices for Amitriptyline Hydrochloride dropped
considerably owing to bearish demand balanced with the overall stored
inventories. Overall, the price of Amitriptyline Hydrochloride noted at the end
of the fourth quarter was assembled at USD 33810.77/MT Ex Ahmedabad in India.
Europe
In the fourth quarter of 2022,
the European market for Amitriptyline Hydrochloride also followed a similar
pattern to that of Asia Pacific. The market trend initially started on a
healthy note until November in Germany, primarily due to increased demand from
the end-user pharmaceutical industry. Inquiries from the downstream sector for
Amitriptyline Hydrochloride prices began to decrease significantly after
November, with abundant supplies with the market participants. In addition to
that, traders also cut back their placed orders in order to prevent further
stockpiling.
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