Calcium Carbide Price Trend, Analysis, News & Monitor 2024
Calcium Carbide Price in USA
- United States: $1385/MT
During Q4 of 2023, the price of calcium carbide in the USA saw a significant increase, driven by heightened demand from construction companies downstream. This rise is corroborated by a 0.4% uptick in construction spending nationwide.
The latest report by IMARC Group, titled "Calcium Carbide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Calcium Carbide Price Trend. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the 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.
Calcium Carbide Prices December 2023:
- United States: $1385/MT
- China: $429/MT
- Germany: $1140/MT
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The study delves into the factors affecting calcium carbide 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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Calcium Carbide Price Trend- Q4 2023
The global calcium carbide industry is primarily driven by its primary use in the production of acetylene gas, which serves as a precursor for various chemical processes including the manufacture of plastics, solvents, and pharmaceuticals. The expanding industrial sector, particularly in emerging economies, fuels the demand for acetylene-based chemicals, driving calcium carbide consumption. Additionally, the steel industry utilizes calcium carbide in the desulfurization process, enhancing steel quality by reducing sulfur content. This application is fueling market growth, especially amidst stringent environmental regulations pushing for cleaner steel production methods. Moreover, the market benefits from technological advancements improving calcium carbide production efficiency and reducing costs, making it more competitive globally. Furthermore, the growing construction sector has augmented the demand for calcium carbide-derived products such as PVC and polyethylene, which are essential in infrastructure development. Environmental sustainability initiatives play a crucial role, with calcium carbide's potential in renewable energy applications such as generating acetylene for welding and cutting processes, thus contributing to market growth.
Calcium Carbide Industry Analysis
In North America, the pricing environment for calcium carbide experienced an initial uptick in Q1 2024. This increase was driven by robust demand from the construction sector, supported by government investments and streamlined regulations. However, by March, prices declined due to weaknesses in U.S. construction spending, as reported by the Commerce Department. In the APAC region, calcium carbide prices witnessed a consistent decrease throughout Q1 2024. Sluggish demand from downstream industries such as PVC and steel, coupled with affordable feedstock prices, exerted downward pressure on market prices during this period. Europe's calcium carbide pricing landscape was characterized by mixed sentiments. Germany witnessed fluctuating prices influenced by heightened demand from the steel and pharmaceutical sectors in January and February. Supply chain disruptions, including strikes and shipping delays, also contributed to price volatility during this quarter. Thus, the calcium carbide market in Q1 2024 exhibited varied pricing trends across regions, driven by factors such as sector-specific demand, regulatory impacts, supply chain disruptions, and economic conditions, highlighting the dynamic nature of global market dynamics.
In Asia Pacific, the pricing of calcium carbide in Q1 2024 witnessed a consistent decrease, reflecting a negative pricing environment. Several factors contributed to this decline in market prices. The overall trend in the region was influenced by sluggish demand from downstream industries, such as PVC and steel, which resulted in a lack of momentum in the market. Additionally, the availability of affordable feedstock coke and coal further exerted downward pressure on prices, reducing production costs for calcium carbide. China, being a key player in the calcium carbide market, experienced the maximum price changes. The market in China followed a similar trend to the APAC region, with decreasing prices throughout the quarter. The market was characterized by stagnation, limited trading activities, and reduced demand from downstream sectors. The decline in prices can be attributed to factors such as low procurement activities ahead of the lunar year, a slowdown in the construction industry, and a lack of enthusiasm for buying downstream.
In Europe, the pricing landscape for calcium carbide during Q1 2024 exhibited a diverse trend, marked by a mix of positive and negative sentiments. Various factors influenced prices across the region, leading to fluctuations in different directions. Germany experienced notable price shifts during this period. One of the key factors driving the price increase in January and February was the heightened demand for calcium carbide in the steel and pharmaceutical sectors. The surge in steel sales in Germany has led to increased
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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