Amino Acid Prices June 2024
Product
|
Category |
Region |
Price |
Amino Acid |
Chemical |
India |
153,812 USD/MT |
In June 2024, the amino acid prices in India reached 153,812 USD/MT. The market experienced considerable price drops as a result of reduced demand from the livestock and pharmaceutical sectors, as well as fewer agricultural activity. Despite some early-quarter price hikes due to increased downstream inquiries, logistical challenges and a declining Indian rupee (INR) added to the pressure. Overall, the market sentiment remained negative.
Amino Acid Prices March 2024
Product
|
Category |
Region |
Price |
Amino Acid |
Specialty Chemical |
Brazil |
14000 USD/Ton |
Amino Acid |
Specialty Chemical |
Korea |
6170 USD/Ton |
The amino acid prices in in Brazil reached 14000 USD/Ton in March 2024.
In Korea, the price of amino acid for the quarter ending March 2024 reached 6170 USD/Ton, reflecting similar market dynamics as China, with pricing influenced by regional demand fluctuations and strategic adjustments in the supply chain.
Regional Coverage
The report provides a detailed analysis of the amino acid market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the amino acid price trend.
Global Amino Acid Price
The report offers a holistic view of the global amino acid pricing trends in the form of amino acid price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into amino acid historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into amino acid price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed amino acid demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Amino Acid Price
Q2 2024:
Throughout Q2 2024, the European amino acid market replicated trends that were observed in North America, with prices initially declining due to lower consumption in supplements and nutraceuticals sectors. Lower manufacturing costs, notably in the corn market also contributed to the reduction. Furthermore, spot inquiries remained inadequate, resulting in excess reserves that traders were ready to clear inventories. However, by quarter end, a gradual price increase was observed as consumption began on a need-based approach. Despite these fluctuations, market outlook for threonine had stayed positive due to sustained demand in the feed and food-grade industries.
Q1 2024:
In Q1 2024, the European amino acid market, notably in Germany, observed considerable price fluctuation due to increased downstream demand during the winter season, holidays, and heightened social activities. This hike in demand for immunity-boosting supplements was fueled by supply chain delays caused by geopolitical concerns and trade uncertainties, such as higher logistical costs due to route changes in the Red Sea and interruptions during the Chinese New Year. Aside from that, an increase in freight prices and a decline in shipments from major suppliers intensified the amino acid pricing landscape in Europe.
This analysis can be extended to include detailed amino acid price information for a comprehensive list of countries.
Region |
Countries Covered |
Europe |
Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Amino Acid Price
Q2 2024:
In Q2 2024, the North American amino acid market witnessed fluctuations due to a combination of regional and global factors. Early in the quarter, rise in demand from the livestock and nutraceutical industries caused price hikes. However, logistics interruptions, such as the collapse of the Baltimore Bridge, had a huge impact on supply networks, specifically throughout the East Coast. Moreover, geopolitical concerns in the Middle East exacerbated trade activities globally, driving the demand for alternate shipping routes. Despite these challenges, the market had ample reserves by the end of the quarter, driven by overproduction and minimal trading activity, resulting in a huge price decline as June began.
Q1 2024:
In Q1 of 2024, the North American amino acid market experienced considerable price volatility, notably in the United States, due to supply chain interruptions and geopolitical concerns. Rising raw material costs and temporary factory closures in China around the Lunar New Year caused import delays until mid-February, keeping prices high. However, elevating transportation and freight prices exacerbated logistics. A shift occurred in January 2024, when prices started to decline due to year-end destocking in December 2023, which lowered demand and boosted inventory levels, mitigating some of the previous market volatility.
Specific amino acid historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Amino Acid Price
The report explores the amino acid pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on amino acid prices for countries can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Amino Acid Price
Q2 2024:
In the second quarter of 2024, the market in the Asia Pacific region showed consistent price declines due to lower demand in major sectors such as pharmaceuticals and animal feed. India experienced considerable price drops owing to subdued feed demand and weaker agricultural activity over the summer. Furthermore, the market's negative trend was aggravated by consistent upstream expenses and logistical issues, such as delayed shipments. Despite modest upward price movement in the initial two months due to increased inquiries, the overall market sentiment remained negative during the second quarter, with the INR's depreciation versus the dollar further affecting domestic pricing.
Q1 2024:
In Q1 2024, the amino acid market in the Asia Pacific region, especially China, faced major price fluctuations. Initially, price rates increased due to heightened downstream and international demand in the feed and food sectors, alongside limited supply from manufacturing slowdowns and labor shortages. However, by January, easing disruption in Red Sea trade and reduction in freight prices led to a resurgence in production and adjusted prices to offset earlier losses. With strong early export activities, prices declined as there were sufficient supplies, weakened demand, and year-end destocking activities.
This amino acid price analysis can be expanded to include a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Amino Acid Price
The analysis of amino acid prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Amino Acid Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Amino Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of amino acid pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of amino acid at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of amino acid price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing amino acid price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
![Amino Acid Price Trend](https://www.imarcgroup.com/CKEditor/c36a4297-69b7-443f-9cbf-09f4685b9d26pricing-reports.webp)
Amino Acid Industry Analysis
The global amino acid industry size reached 11.4 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 16.8 Million Tons, at a projected CAGR of 4.20% during 2023-2032.
- The increased health consciousness among consumers has elevated the demand for dietary supplements, especially those containing essential amino acids, as they support muscle growth, mood regulation, and overall health.
- The hike in global meat consumption has also boosted the demand for amino acids in the animal feed sector to enhance the nutritional quality and growth rate of livestock.
- Environmental concerns and regulatory policies are prompting manufacturers to develop eco-friendly extraction and synthesis methods, positioning amino acids as both a biological necessity and a cornerstone of industrial advancement in a health-oriented market landscape.
- The rapid expansion of the plant-based food market, as more consumers adopt vegetarian and vegan diets, there is an increasing demand for plant-based proteins that are rich in essential amino acids.
- Energy drinks and functional beverages that include amino acids for enhanced performance, energy, and recovery are gaining popularity among consumers, especially among younger demographics and fitness enthusiasts.
- The sports nutrition market is rapidly growing, with amino acids at the forefront of product formulations designed to improve muscle recovery, endurance, and performance.
- Amino acids are increasingly being used in pet meals and veterinary products to enhance companion animal health and wellbeing.
- Amino acids are also becoming more popular as active ingredients in skincare and haircare products due to their hydrating, antioxidant, and restorative capabilities.
- Novel methods of synthesizing amino acids using enzymatic catalysis or microbial fermentation are being developed to produce specific amino acids more efficiently and with greater purity.
Amino Acid News
The report covers the latest developments, updates, and trends impacting the global amino acid industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in amino acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the amino acid price trend.
Latest developments in the amino acid industry:
- In December 2023, Brandt launched Fenglihui Anjiachun, a novel biostimulant containing sugar alcohol and amino acids, in the Chinese market and is now available through distribution by Beijing Xinhefeng Agricultural Materials. The product contains 19 kinds of levorotary-free amino acids, small molecule oligopeptides, and the full Tri-Complex-based trace elements, including manganese, zinc, and boron, with unique biological activity and nutritional properties. Sugar alcohols and amino acids improve the crop's stress resistance and disease resistance and promote crop photosynthesis.
- In February 2024, NOVUS International, Inc. announced a collaboration with Halchemix Canada Inc. to supply amino acid and trace mineral products to Canada's animal agriculture sector. Halchemix will act as the exclusive distributor for Novus' MINTREX Bis-Chelated Trace Minerals products and MHA Feed Additive. Additionally, it will serve as a sales agent for ALIMET Feed Additive.
Product Description
Amino acids are very important organic molecules that form the basic structure of proteins. An amino acid comprises the amino group, the carboxyl group, a central carbon atom, and the R group, which is different for all amino acids. They are synthesized in two primary ways: by the activities of living organisms, as well as, by chemical synthesis through efforts of industries and chemical analysts and scientists. Amino acids are considered precursors of body proteins, enzymes, and neurotransmitters and work as regulators for pathways relating to metabolism, immunity, and the formation of non-hydrolyzable proteins in the human body.
They are essential for the growth of all the body tissues, they act as neurotransmitters and as carriers of neurotransmitters, they intervene in the regulation of mood and sleep-wake cycle, and they inter alia act as a transport system of molecules across cell membranes. In medicine, amino acids are used in vitamin and dietary products besides being applied in therapies for metabolic illnesses. They are used in industry for the production of animal feed as growth and health boosters in biotechnology for the production of biodegradable plastics, drugs, and cosmetics, and in food technology as flavoring agents and preservatives.
Report Coverage
Key Attributes |
Details |
Product Name |
Amino Acid |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Amino Acid Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece*
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Product Portfolio
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of amino acid pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting amino acid price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The amino acid price charts ensure our clients remain at the forefront of the industry.