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September **** witnessed a consistent and uniform increase in import costs of progesterone in the North American market. The facts indicate that the average import cost rose at a uniform rate with a synergy of factors that include supply chain breakdowns, volatile raw material costs, and rising global demand, which are most likely to continue their trend in the near future.
One of the highest contributing factors towards this cost increase has been the chronic supply chain issue that is currently plaguing the pharmacy sector, with values assembled at USD ******/MT CFR Los Angeles around *.***. This supply chain restrictor is geopolitical tensions and trade barrier lines that have inhibited freedom of goods movement, with key leverage over procurement of critical raw materials for progesterone manufacturing. As manufacturers contend with unstable supply chains, they compensate premium to acquire materials and transfer these costs to customers and healthcare...
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