果酱视频

Europe and South Korea Witness Nicotinamide Price Gain After Prolonged Market Decline
Europe and South Korea Witness Nicotinamide Price Gain After Prolonged Market Decline

Europe and South Korea Witness Nicotinamide Price Gain After Prolonged Market Decline

  • 29-Apr-2025 9:30 PM
  • Journalist: Rene Swann

The Nicotinamide market has finally shown signs of recovery after several months of price drops. The Nicotinamide prices showed a positive trend in both Europe and South Korea in majority of April. This came as a relief to suppliers and buyers who had been dealing with continuous declines since November 2024. The demand from major sectors stayed weak for a long time along with several of manufacturers continuing to produce Nicotinamide without any breaks in a hope for a revival of market demand. This situation resulted in a large stockpile of inventory in important markets as demand continued to remain low. These extra inventories dragged down prices significantly in South Korea and Germany throughout the previous months and into the start of 2025. However, the market conditions have changed in April as Nicotinamide stocks have finally been absorbed by downstream production cycles. The demand has picked up from personal care and health product makers as summer approaches.

Nicotinamide prices kept falling in major markets since the November of 2024 and both Europe and South Korea saw significant monthly declines. The main reason was weak demand from sectors like skincare, wellness and nutrition. Meanwhile, the Nicotinamide production in leading manufacturing hubs remained strong as the manufacturers did not stop production and believed that the demand would recover soon. But it took much longer than expected which led to a large build-up of inventory in global markets. This resulted in decline of prices as supply far exceeded the market demand. This trend continued till March 2025 and the situation created pressure on sellers. However, in April the demand started to rise back as the arrival of summer increased the need for Nicotinamide in seasonal personal care and health products. The downstream industries raised their orders to meet the end-user needs which helped to clear out old stock and allowed suppliers to raise prices.

Nicotinamide prices climbed by 2.51% in April in Germany. The price increase was supported by steady demand recovery and reduced inventory pressure. An increase in demand is experienced from personal care and wellness sectors as they began preparing for summer. In South Korean market the prices moved up by 2.62% in April. The increase came as downstream buyers placed fresh orders and absorbed earlier surplus stock. Better market activity and upcoming seasonal demand pushed prices higher in both markets.

果酱视频 expects that the prices of Nicotinamide will likely follow a positive trend in upcoming period. This uptrend is expected as the old inventory is mostly cleared and fresh production is now aligned with actual demand. The seasonal demand will remain strong in personal care and wellness products. This will support Nicotinamide prices through the coming period. The market should remain balanced with steady upward pricing as no major oversupply is expected.

果酱视频 advise suppliers and buyers to monitor Nicotinamide market changes carefully. Any shift in demand trends and new policy announcements could significantly impact Nicotinamide prices. The market players should track global supply chain movements and downstream demand patterns and manage inventories accordingly. It is suggested that procurement teams should secure stock early to avoid future price increases. Whereas the suppliers should remain flexible and respond to demand spikes quickly. Staying alert to market trends will help both suppliers and buyers to gain healthy margins from the current positive Nicotinamide market phase.

Tags:

Nicotinamide

Related News

Europe and South Korea Witness Nicotinamide Price Gain After Prolonged Market
  • 29-Apr-2025 9:30 PM
  • Journalist: Rene Swann
Nicotinamide Prices Plunge in March Amid Weak Demand and Rising Supply
  • 24-Mar-2025 7:45 PM
  • Journalist: John Fante

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.