Ibuprofen Price Trends and Forecast

Regional Price trends

Get the latest insights on price movement and trends analysis of Ibuprofen in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Ibuprofen Price Trends and Forecast

Ibuprofen Price Trends for the First Half of 2023


The price trends of ibuprofen was supported by a high number of orders from pharmaceutical industries and increased shipments to domestic and international markets. The Chinese market revived its production activities after a long stretch of lunar holidays that had a positive impact on the demand sentiments for ibuprofen.

In the second quarter, however, the price trends declined significantly with a reduction in export rates and the slowing down of the global economy. The Chinese government thus adopted measures to deal with a falling economy, which resulted in high-interest rates and a rise in inflation, hampering the growth of the ibuprofen price trends.


The ibuprofen market was stable in the first quarter of 2023 as the pharmaceutical industries showed high demand, while the inventories were not sufficient to curb this. The European currency also inclined with respect to the US dollar, supporting the rise in prices of ibuprofen. The trends did not follow the same trajectory in the second quarter as the demand declined, which further reduced the number of imports. The supply chains also worked efficiently, reducing the freight charges and reducing the cost of energy; the price trends of ibuprofen faced southwards.

North America

In North America, the price trends of ibuprofen inclined in the first quarter as the trading activities inclined and procurement rates of pharmaceutical industries also improved.

However, as observed in the European and Asia-Pacific nations, the price trends of ibuprofen declined in the second quarter. The end-user industries witnessed a fall in the number of sales that, in turn, increased the level of inventories. The fall in price trends was further aided by the struggling market dynamics.

Analyst Insight

According to Procurement Resource, the price trends of Ibuprofen is expected to face southwards as the demand from downstream industries is declining consistently due to a lack of sales, and the rising level of inventories will also have a negative impact on the ibuprofen price trends.

Procurement Resource provides latest prices of Ibuprofen. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Ibuprofen belongs to the non-steroidal anti-inflammatory category of drugs and is popularly used in treatment of inflammation, fever, and pain. It is frequently used to treat a number of ailments, such as menstrual cramps, arthritis, muscle discomfort, and headaches. Orally ingested ibuprofen is readily absorbed and has long-lasting effects. It inhibits the enzymes which produce prostaglandins that are a primary cause of inflammation.

Product Details

Report Features Details
Product Name Ibuprofen
Chemical formula C13H18O2
Industrial Uses Pharmaceutical manufacturing, Cosmetic and skincare, Athletic and topical products
CAS Number 15687-27-1
Molecular weight 206.29 g/mol
HS Code 30049063
Supplier Database BASF SE, BIOCAUSE Inc, Solara Active Pharma Sciences Limited, IOL Chemicals and Pharmaceuticals Limited, SI Group Inc
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

In synthesis of ibuprofen, the first step is the reaction between isobutyl benzene and acetic anhydride. Theu undergo various sequential reactions such as Friedal-Crafts acylation, carbonyl reaction, chloride substitution, and Grignard reaction to ultimately give ibuprofen as its final product.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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