Malic Acid Price Trend

Malic Acid Prices December 2023

The market of malic acid in the United States in the fourth quarter of 2023 suffered from a price decrease trend because of inventory that was piled up and demand decrease from the downstream fields. The prudent procurement behavior during economic uncertainties further lowered the prices. At the end of the quarter, Malic Acid CFR New York averaged 1870 USD/MT, and this reflects a 2.67% average quarterly decline.

In China, the malic acid market during the fourth quarter of 2023 was weakening with a decrease in prices throughout the period. This development was brought about due to a weakened demand, both locally and globally, and an oversupply situation, as manufacturers reported sizeable existing stocks. The average quarterly decrease was 2.90% closing at a price of 1750 USD/MT for DL Malic Acid FOB-Shanghai.

In the fourth quarter of 2023, the market of malic acid in Belgium oscillated greatly. Beginning with a weakened demand in October, the dynamics changed to the opposite in November as consumer confidence rose, which led to increased purchasing and disruptions in supply systems. The intensified demand caused a significant quarterly price rise of 3.85% with prices closing on 2810 USD/MT for Malic Acid CFR Antwerp.

Malic Acid Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Malic Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of malic 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 malic acid at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of malic acid price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing malic 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.

Malic Acid Market Analysis

The global malic acid market size reached US$ 222.3 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 330.4 Million, at a projected CAGR of 4.40% during 2023-2032.

The food and beverage industry are the leading consumer of malic acid wherein it is used as a flavor enhancer and preservative. According to an article in ET Hospitality World, India’s food and beverage (F&B) industry is one of the largest and fastest-growing sectors, encompassing several segments and sub-segments. Industry estimates indicate the domestic food processing segment will reach USD 470 billion by FY2025, rising from US$ 263 billion in FY2021. Acidic nature adds to the demand for it as an additive in products such as soft drinks, fruit juices, and candies. For instance, according to the report by economic policy think tank ICRIER, the size of the beverage market was estimated at Rs 671 billion (Rs 67,100 crore) in 2019, which is projected to reach around Rs 1,472.33 billion (Rs 1,47,233 crore) in 2030. India has the potential to become a non-alcoholic beverage hub, given its endowments of raw materials, labour, and policy support for encouraging food processing in the country. The personal care and cosmetics industry are also a significant player in the growth of the malic acid market. The exfoliating and pH-regulating effects of malic acid make it a useful ingredient of skin care products, leading to the improvement of skin texture and appearance. According to an article in The Economic Times, India's cosmetics and grooming industry market size is expected to rise manifold to US$ 35 billion by 2035, with consumption of cosmetics among teenagers increasing rapidly. The joint study by Assocham and research agency MRSS India pegged the current market size at US$ 6.5 billion. The consumption pattern of cosmetics among teenagers went up substantially between 2005 and 2017 due to the increasing awareness and the desire to look good, as per the surve. Besides this, the herbal cosmetic industry is expected to grow at 12% in India, considering that Indian consumers tend to purchase natural and herbal cosmetic products. In addition, biotechnology improvements have allowed the low-cost production of malic acid through fermentative processes, thus making it accessible and attractive for a number of applications. This development of technology and increase in consumer knowledge of natural and organic ingredients is significantly contributing to the growth of the market. Furthermore, the growing pharmaceutical sector, where malic acid is employed to improve the taste of medicines and stabilize active ingredients, is leading the market towards growth.

Malic Acid News

The report covers the latest developments, updates, and trends impacting the global malic acid market, 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 malic acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the malic acid price trend.

Latest developments in the malic acid industry: 

• In August 2022, IOL Chemicals and Pharmaceuticals Limited, a leader in the global market with a one-third market share for painkiller drug ibuprofen active pharmaceutical ingredient (API), declared that their focus will be on diversifying into other specialty chemical products, growing the share of non-ibuprofen business.
• In January 2023, an ‘All India Nodal Officers Meeting on Acid Attack’ was organized by the National Commission for Women (NCW) in which 23 Nodal Officers and representatives from states participated. In the meeting, the NCW emphasized the need to bring an end to unregulated sale of acid and other corrosive substances.

Product Description

Malic acid, a dicarboxylic acid with the chemical formula C4H6O5, is an organic compound found naturally in many fruits, and it is best known as one of the principal constituents of apples. It is tart in flavor and is used as a food additive to improve flavor profile and control pH balance in beverages, confections, and fruit preparations. Apart from its culinary applications, malic acid performs an essential function in the Krebs cycle, the principal energy producing process in all living cells. This organic compound is produced commercially in natural form through extraction from fruits as well as in synthetic form using chemical synthesis, targeting numerous applications. It is a white crystalline powder with high solubility in water and ethanol and hence, is widely used in the food, pharmaceutical, and cosmetic industries for making sour candies, anti-aging treatment products, etc. Its ability to easily combine with other substances also makes it popular in health supplements as a chelating agent and other industrial applications.

Regional Coverage

The report provides a detailed analysis of the malic 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 malic acid price trend.

Global Malic Acid Price

The report offers a holistic view of the global malic acid pricing trends in the form of malic 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 current price of malic acid but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into 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 malic 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 Malic Acid Price

The malic acid market in Europe started from a pessimistic demand projection, which translated to few buyer inquiries and minimal demand from the end-user industries. On the other hand, local spot market sellers had enough stocks that kept market moods stable. With the improvement in consumer confidence, there was a significant increase in purchases and demand which put pressure on the supply chains and caused considerable price fluctuations, the situation was further aggravated by increasing global freight costs.

This analysis can be extended to include detailed malic acid price information for a comprehensive list of countries.

North America Malic Acid Price

North America faced a decline in the malic acid market where the reasons for this were the decreased international demand, the oversupply among suppliers, and some economic uncertainties such as inflation and the risk of recession. These factors resulted in low to moderate demand, and careful purchase behaviour. The fall in prices was largely driven by international market forces and considerable price reductions from major exporting countries, which had an impact on the entire pricing structure.

Specific malic acid historical data within the United States and Canada can also be provided.

Middle East and Africa Malic Acid Price

The report explores the malic 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 malic acid prices for countries can also be provided.

Asia Pacific Malic Acid Price

The malic acid market in the Asia Pacific region declined as a result of an increased supply and decreased demand. Market sentiment was also dragged down by large inventories and cautious buying from local suppliers that were challenged from both domestic and international consumers. This situation was made worse by different economic effects across sectors and the dramatic decline in foreign demand, which resulted in substantial price reduction.

This malic acid price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Malic Acid Price

The analysis of malic 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. 

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of malic 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 malic 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 malic acid price charts ensure our clients remain at the forefront of the industry.