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Written by Beckett » Updated on: October 23rd, 2024
The latest report by IMARC, titled "Calcium Chloride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of calcium chloride 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.
Calcium Chloride Prices December 2023:
Report Offering:
The study delves into the factors affecting calcium chloride 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.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/calcium-chloride-pricing-report/requestsample
Calcium Chloride Price Trend- Q4 2023
Calcium chloride is a chemical compound with a wide range of applications, primarily driven by its unique properties and versatility. One of the main factors driving the demand for calcium chloride is its hygroscopic nature, meaning it has the ability to absorb moisture from the air. This property makes it valuable for various applications such as de-icing roads and sidewalks, controlling dust on unpaved roads, and as a desiccant in packaging to prevent moisture damage to goods during transportation and storage. Another significant driver for calcium chloride is its use in the oil and gas industry. It is commonly employed as a drilling fluid additive to control the swelling of shale formations and to maintain wellbore stability during drilling operations. Additionally, calcium chloride finds use in the food industry as a firming agent in the production of canned fruits and vegetables, as well as in cheese making and brewing processes.
The global calcium chloride market size reached US$ 1.3 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 2 Billion, at a projected CAGR of 4.90% during 2023-2032. In the fourth quarter of 2023, the pricing dynamics of calcium chloride in the North American region were shaped by various factors. Initially, there was a noticeable 2% decrease in prices compared to the preceding quarter. This decline was primarily driven by abundant inventory levels, which exerted downward pressure on pricing. Moreover, the stability observed in natural gas prices played a role in maintaining steady production costs. In terms of market demand, there was a moderate level of interest from downstream sectors, particularly in construction and de-icing applications. The Purchasing Managers' Index (PMI) for the US market signaled expansion within the manufacturing sector, further bolstering the demand for calcium chloride. Furthermore, in the APAC region, the fourth quarter of 2023 saw various factors impacting the market and pricing dynamics. Initially, there was a moderate supply of Calcium Chloride in the region, coupled with limited availability due to reduced production rates in manufacturing units. This resulted in a slight shortage of product inventory, creating an imbalance between supply and demand. Despite these challenges, the supply chain operations continued smoothly without significant disruptions.
During the fourth quarter of 2023, the European calcium chloride market encountered a challenging phase. The market and pricing dynamics were notably influenced by three key factors, weakened downstream demand, heightened borrowing costs from the European Central Bank (ECB), and a decrease in the prices of feedstock calcium carbonate.
In the fourth quarter of 2023, the South American calcium chloride market exhibited a bearish trend, notably with price decreases observed in Brazil. This decline was influenced by factors including elevated inventory levels and diminished demand from downstream industries. Consequently, the market situation turned bearish, resulting in a reduction in calcium chloride prices across the region. Notably, a significant event during this period was the absence of any reported plant shutdowns.
Browse Full Report: https://www.imarcgroup.com/calcium-chloride-pricing-report
Key Points Covered in the Calcium Chloride Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
Regional Price Analysis:
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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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