The demand for ketoprofen in the Chinese market has increased exponentially, mainly because of the demographic and epidemiological changes due to an aging population and increased incidence of chronic pain disorders. Greater health care investments and innovations have sustained this heightened demand for substitutes of pain relief medications, especially non-steroidal anti-inflammatory drugs (NSAIDs). Consequently, ketoprofen is increasingly common in forms such as tablets, gels, and injectables. At the production level, producers have enjoyed enhanced efficiencies and encountered stabilizing feedstock prices, while others have encountered inventory management challenges after recent price drops. The prevailing environment indicates the potential for recovery, with projections of sustained expansion in the months to come. Furthermore, the freight market is also stable, with logistics providers adjusting in order to make deliveries in good time as demand for imports rises. Overall, the prospects for ketoprofen in China are good on the back of sound demand fundamentals and enhanced market conditions.
Key Highlights
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The pharmaceutical industry is the leading driver of ketoprofen demand, particularly for pain management therapies.
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Increased consumer focus on health and wellness has led to heightened retail sales of ketoprofen-based products.
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The overall growth in the healthcare sector, especially in pain relief medications, has positively influenced ketoprofen demand.
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Rising consumer spending on healthcare and pharmaceuticals has resulted in increased stocking of ketoprofen by distributors and retailers.
Supply in China has been determined to a large extent by the trend of the pharmaceutical industry. With an increasing population aging and the prevalence of chronic pain diseases, demand for painkillers has risen, among which is ketoprofen. Interestingly, the prices fell from USD **,*** per metric ton (MT) in November **** to USD **,*** per MT in August ****, though at present they have appreciated slightly to USD **,*** per MT in September ****. The off-take has picked up due to increased...
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