Carnitine Prices, Monitor, Analysis & Demand
North America The Carnitine market in North America encountered challenges during the fourth quarter of 2023, experiencing fluctuations in prices and supply due to several factors. Firstly, the market grappled with limited inventories, resulting in a constrained supply of Carnitine, primarily stemming from weakened trading activities with major exporting nations. Secondly, demand for Carnitine remained moderate throughout the quarter, driven by consistent consumption in the nutraceutical and healthcare sectors. Lastly, inflationary pressures and heightened transportation costs contributed to an overall increase in prices. The strength of the dollar against currencies like the Chinese yuan led to higher import costs, further impacting Carnitine pricing. In the USA, the largest market in North America, Carnitine prices saw a marginal increase in the fourth quarter. Despite concerns surrounding inflation and elevated prices, consumers exhibited confidence in the US economy. The steady dem...
