Product
Naproxen Sodium Price Trends and Forecast
Naproxen Sodium Price Trends and Forecast
Regional Market Overview
Get the latest insights on price movement and trends analysis of Naproxen Sodium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Naproxen Sodium Price Trends for the H1 of 2023
Asia
In the first two quarters of 2023, the prices of Naproxen Sodium inclined with the rising orders from domestic end-user sectors. The pharmaceutical sector regained momentum, and international buyers also raised their offtakes. In addition, the Chinese sector increased its market activities, positively impacting the buyers’ purchasing potential. Thus, the price trends of Naproxen Sodium showcased an upward trajectory.
Europe
In Europe, the prices of Naproxen Sodium inclined in the initial months of the first quarter but declined steadily in the second quarter. Initially, the trends was supported by the demand from the local market and the low availability of the product in the region. In addition, the market was also influenced by the positive sentiments observed in the German market. However, the ease of trade and the arrival of imports from China caused domestic manufacturers to lower their quotations to remain competitive. Further, a fall in market inquiries amid product over-supply negatively impacted naproxen sodium prices.
North America
The positive trends in the prices of Naproxen Sodium in the first quarter of 2023 did not continue in the second quarter of the year. The first quarter was supported by the rise in domestic orders and the high performance of pharmaceutical industries. North America also eased their trade regulations, and with high-cost inputs from China, the prices soared only to decline in the second quarter of 2023 due to the slow movement of the market.
Analyst Insight
According to Procurement Resource, the price of Naproxen Sodium is expected to showcase a downward trajectory in the upcoming months as the demand from the downstream industries seems to remain bearish.
Procurement Resource provides latest prices of Naproxen Sodium. 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.
About
A nonsteroidal anti-inflammatory medicine (NSAID) called Naproxen Sodium is frequently used to treat fever, inflammation, and pain. It is a member of the group of derivatives of propionic acid and comes in a number of forms, including pills and liquids. Prostaglandins, which have a role in pain and inflammation, are produced when Naproxen Sodium is used. It is beneficial in treating illnesses like arthritis, menstrual pain, headaches, and muscular injuries thanks to its analgesic, anti-inflammatory, and antipyretic characteristics.
Product Details:
| Report Features | Details |
| Product Name | Naproxen Sodium |
| Chemical Formula | C12H13NaO3 |
| Industrial Uses | Drug research and development, Formulations, Quality control |
| CAS Number | 22204-53-1 |
| HS Code | 29339990 |
| Molecular Weight | 230.26 g/mol |
| Synonyms | sodium;(2S)-2-(6-methoxynaphthalen-2-yl)propanoate, sodium salt of naproxen |
| Supplier Database | Tianxin Pharmaceutical, Nhwa Pharmaceutical, Huazhong Pharma, Taj Pharmaceuticals Limited, Charioteer Pharmaceutical, Divis Laboratories, Kirsch Pharma GmbH |
| 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:
Naproxen Sodium or the sodium salt of naproxen, is manufactured commercially by reacting naproxen with sodium hydroxide solution. The sodium hydroxide solution is a basic molecule that balances acidity, whereas the ligand, naproxen, is an acidic substance. The chemical is then isolated and purified using a variety of industrial procedures, including filtration, drying, etc., to produce the end product, Naproxen Sodium. The resulting substance, Naproxen Sodium , is a chemical that is water soluble.
Methodology:
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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