Entering March, most of the enterprises have started work one after another, manufacturing demand will further increase, supply will become the biggest problem, a new round of price increase is not far away…
The coming price rise is bound to have a huge impact on the market and enterprises again, some small companies with low profits may be withdrawn from the industry stage, and those who survive will be the strong!
The API supply chain is global, with suppliers often located in various countries. Regions such as Asia, particularly India and China, have emerged as leading producers of APIs, primarily due to their cost-effective manufacturing capabilities and established regulatory frameworks. However, this global setup also poses risks, including geopolitical tensions, regulatory changes, and supply disruptions caused by natural disasters or pandemics, as observed during the COVID-19 crisis.
In addition, APIs must comply with international quality standards, such as those set by the International Conference on Harmonisation (ICH). This helps ensure that APIs produced worldwide are held to the same quality and safety benchmarks.