Brief Insight: China's Aspirin Export Analysis (Jan-Sep 2023)

Brief Insight: China's Aspirin Export Analysis (Jan-Sep 2023)

?? Brief Insight: China's Aspirin Export Analysis (Jan-Sep 2023)

In the ever-evolving pharmaceutical industry, staying informed is key. Here's a quick update from HyperChem on China's aspirin export in the first nine months of 2023:

  • Total Export: Approximately 4,519 tons
  • Export Value: Around $15.74 million
  • Average Price: $3.54 per KG

?? Compared to the same period last year, there's an approximate 18% decrease in both volume and a 8.7% decrease in average price, indicating a shift in the global market dynamics.

?? Among exporters, Shandong Xinhua remains a major player, holding over 60% of the market share. This suggests a relatively stable supply-demand relationship in the short term.

?? Market prices are currently stable, and we anticipate minimal fluctuations in transaction prices in the near future.

At HyperChem, we're committed to keeping you updated with the latest market trends and providing high-quality pharmaceutical ingredients.

?? Stay tuned for more insights!

#HyperChem #Pharmaceuticals #AspirinExport #MarketTrends #GlobalPharma

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