Amino Acid Prices in Brazil
- Brazil: 14000 USD/Ton
The price of amino acid in Brazil reached 14000 USD/Ton in March 2024.
The latest report by IMARC Group, titled "Amino Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Amino Acid Prices. This report delves in globally, presenting a detailed analysis, along with an informative Amino Acid News. Through comprehensive price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Amino Acid Prices December 2023:
- Brazil: 14000 USD/Ton
- Korea: 6170 USD/Ton
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The study delves into the factors affecting Amino Acid 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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Amino Acid Price Trend- Q4 2023
The increasing consumer awareness of health and wellness has significantly boosted the demand for amino acids in the food and beverage industry. Amino acids are essential for human health, playing crucial roles in protein synthesis and metabolic processes. They are increasingly being used as dietary supplements and food additives to enhance nutritional value, improve flavour, and extend shelf life. The trend toward high-protein diets and functional foods is further driving their demand.
Besides, the animal feed industry is another major driver of the amino acid industry. Amino acids like lysine, methionine, and threonine are essential components of animal feed, promoting growth, improving feed efficiency, and enhancing the overall health of livestock. The rising global demand for meat and dairy products necessitates the use of high-quality feed, thereby increasing the demand for amino acids. Moreover, advancements in biotechnology and the pharmaceutical industry are also propelling the amino acid industry. Amino acids are used in the production of various pharmaceuticals and biologics, including antibiotics, hormones, and vaccines.
In the second quarter of 2024, the market in North America demonstrated a complicated price landscape, affected by significant market trend observed in producing countries, particularly Asia. Prices rose steadily beginning in the quarter, driven by growing regional demand for amino acids from the downstream nutraceutical and animal industries. Furthermore, supply-chain disruption across the region affected the total availability of resources inside the countries, with the Baltimore bridge collapse playing a significant role.
This incident resulted in major cargo delays and obstructions, mostly affecting East Coast ports and, as a result, the national amino acid industry. In Q2 2024, the market in the Asia Pacific region experienced a declining price trend driven by several significant factors. The market observed a persistent decrease in demand from key sectors, including livestock feed and pharmaceuticals, which led to a surplus in supply. Focusing on India, the country witnessed the most significant price changes in the region. The overall trend during the quarter was negative, influenced by seasonal factors such as reduced agricultural activity and lower feed demand in the summer months. Moreover, during the entire second quarter of 2024, the imported prices of amino acid across the European region followed the market trend of other trading nations such as the North American region.
Initially, the quarter saw weak market prices for amino acids, driven largely by reduced demand from downstream sectors such as nutraceuticals and supplements. This decrease in demand was further supported by lower production costs due to the feedstock corn market. With prices declining at a steady rate.
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
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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