Aspartame Prices, Pricing, Demand & Supply
North America The fourth quarter of 2023 posed challenges for North America as Aspartame prices surged considerably initially in October while plummeting in November marking weakened purchasing sentiments and continued this trend until the final weeks of December 2023. Increased prices at the quarter's start were influenced by escalating energy prices and wages. Additionally, the considerable uptick in Aspartame prices was further a result of seasonal factors such as the holiday season and New Year's Eve, which led to increased feasting of hot beverages and sweets as winter approached which heightened the demand for Aspartame. In the meantime, persistent challenges in the supply chain were a significant contributor to the price hike. Suppliers struggled to meet the demand, leading to a decrease in supply and subsequently, a drop in stock levels. This scarcity in supply, exacerbated by bulk ordering, further strained resources, resulting in higher prices for Aspartame. Winter br...