Methyl Salicylate Prices

Methyl Salicylate Price Trend and Forecast

Track the latest insights on methyl salicylate price trend and forecast with detailed analysis of regional fluctuations and market dynamics across Europe, North America, Middle East & Africa, Asia Pacific, and Latin America.

Methyl Salicylate Prices Q4 2024

During the last quarter of 2024, the methyl salicylate prices in the USA reached 5003 USD/MT in December.  As per the methyl salicylate price chart, the increasing demand for topical pain relief products and a strong healthcare sector are impacting the prices in the country. Besides, the use of methyl salicylate as a flavoring agent in food and beverages further caused fluctuations in prices.

During the last quarter of 2024, the methyl salicylate prices in Japan reached 3949 USD/MT in December.  As per the methyl salicylate price chart, the price trend was influenced by various factors, including supply-demand dynamics, raw material costs, and industry-specific developments. Besides, fluctuations in the cost of raw materials used to produce methyl salicylate, such as salicylic acid and methanol, impacted production costs and, subsequently, prices.

During the last quarter of 2024, the methyl salicylate prices in Germany reached 5741 USD/MT in December. Shifts in consumer preferences towards natural and organic products drove up demand for methyl salicylate, contributing to price fluctuations. Moreover, supply chain disruptions and logistical challenges impacted the availability and pricing of raw materials, leading to price fluctuations for methyl salicylate.

Methyl Salicylate Prices Q4 2023

The price of methyl salicylate in the United States for 2023 reached 4878 USD/MT in December. Meanwhile, in Japan, the market recorded the price at 3880 USD/MT during December. Besides this, the price trend in Germany for 2023 reached 5526 USD/MT in December.

Regional Coverage

The report provides a detailed analysis of the methyl salicylate 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 methyl salicylate price trend. 

Global Methyl Salicylate Price Trend

The report offers a holistic view of the global methyl salicylate pricing trends in the form of methyl salicylate 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 methyl salicylate 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 methyl salicylate 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 Methyl Salicylate Price Trend

Q4 2024:

The presence of vast hair care and skin care industries in the region has resulted in significant demand for the chemical, thus influencing the prices. Moreover, changes in the cost of salicylic acid, a key raw material used to produce methyl salicylate, impacted production costs and prices. Besides, the introduction of new products containing methyl salicylate drove up demand and led to price fluctuations.

Q4 2023:

European methyl salicylate prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

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

North America Methyl Salicylate Price Trend

Q4 2024:

End-user industries, such as pharmaceutical and personal care, in the region saw growing demand for methyl salicylate, which is used in pain-relieving medications, skincare products, and fragrances. Besides, the cost of raw materials used to produce methyl salicylate, like salicylic acid, also increased, contributing to higher overall prices. On the other hand, advancements in technology and shifts in consumer preferences also contributed to price fluctuations.

Q4 2023:

The analysis of methyl salicylate prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific methyl salicylate historical data within the United States and Canada can also be provided.

Middle East and Africa Methyl Salicylate Price Trend

The report explores the methyl salicylate pricing trends and methyl salicylate price chart 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 methyl salicylate prices for countries can also be provided.

Asia Pacific Methyl Salicylate Price Trend

Q4 2024:

Supply-demand dynamics played a significant role, with growing demand from pharmaceuticals, cosmetics, and personal care products driving up prices. The increasing use of methyl salicylate in pain relief products, oral hygiene products, and perfumes contributed to this trend. Besides, in the Asia Pacific region, countries like China, India, Indonesia, and Japan, are major consumers of methyl salicylate, driving demand and influencing prices. The region's large-scale use of methyl salicylate in the agriculture sector as pesticides and insect repellents also represents a key factor driving market growth.

Q4 2023:

The methyl salicylate pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

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

Latin America Methyl Salicylate Price Trend

Latin America's methyl salicylate market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in methyl salicylate prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the methyl salicylate price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing methyl salicylate pricing trends in this region.

This comprehensive review can be extended to include specific countries within the region.

Methyl Salicylate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Methyl Salicylate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of methyl salicylate 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 methyl salicylate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of methyl salicylate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing methyl salicylate 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.

Methyl Salicylate Industry Analysis

The global methyl salicylate industry size reached USD 306.87 Million in 2024. By 2033, IMARC Group expects the market to reach USD 501.11 Million, at a projected CAGR of 5.32% during 2025-2033.

• The large-scale use of methyl salicylate in the agriculture sector as a pesticide and insect repellent represents the key factor driving the market growth. Its strong scent effectively protects crops from pests and deters insects and other harmful organisms, thus strengthening the market's growth.
• In addition, methyl salicylate is also employed in the food industry as a preservative. Its antibacterial properties help extend the shelf life of perishable goods, preventing the growth of spoilage-causing microorganisms, thereby bolstering its market demand.
• The widespread product adoption as an industrial solvent in the manufacturing of resins, coatings, and other chemical products is acting as another significant growth-inducing factor. Its solvent properties make it effective in dissolving and processing various materials.
• Moreover, it is a popular ingredient in the perfume industry. Its sweet, minty fragrance adds a refreshing note to various perfumes and enhances their appeal and complexity, thereby creating lucrative opportunities for market expansion.
• Another factor supporting the market growth is its incorporation in soaps and detergents for its fragrance and antiseptic properties, making these products more effective and appealing to consumers.
• Furthermore, the surging use of methyl salicylate in aromatherapy due to its soothing and relaxing properties is providing an impetus to the market growth. It is often diffused in the air or used in massage oils to alleviate stress and promote mental well-being.
• Besides this, the rising use of methyl salicylate in the textile industry in dyeing and finishing processes to achieve better color fixation and impart a pleasant fragrance to fabrics is propelling the market forward.
• In traditional medicine, methyl salicylate is used as a key component in salves and balms used to relieve pain from sprains, strains, and bruises.  It is also included in formulations for respiratory aids, such as chest rubs and inhalants. The compound’s aromatic properties help clear nasal passages and improve breathing in conditions like colds and congestion, thereby providing an impetus to the market growth.
• Apart from this, methyl salicylate’s expanding demand in confectionery to flavor certain pharmaceuticals, making them more palatable is aiding in market expansion. Its distinct taste helps mask the unpleasant flavors of some medicinal ingredients.

Methyl Salicylate News

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

Latest developments in the methyl salicylate industry:

• In September 2023, the Scientific Committee on Consumer Safety (SCCS) confirmed that Methyl Salicylate (CAS No. 119-36-8) is safe for children aged 0.5-3 years when used up to 0.02% in various cosmetic products like shower gel, hand soap, and body lotion. Additionally, SCCS deemed the compound safe in toothpaste for children under six years at concentrations up to 2.52%.

Product Description

Methyl salicylate is a colorless or pale-yellow liquid with a characteristic wintergreen odor and is naturally found in various plants, particularly wintergreen leaves and sweet birch. It belongs to the ester family of organic compounds and is produced by the esterification of salicylic acid with methanol. This compound can also be synthesized artificially for use in various commercial applications.

Methyl salicylate is widely used in both the pharmaceutical and cosmetic industries due to its analgesic and anti-inflammatory properties. In pharmaceuticals, it is employed as a common ingredient in topical pain relief products such as ointments, creams, and patches. It is effective in providing temporary relief from minor aches and pains associated with conditions like arthritis, backache, and muscle strains. Additionally, methyl salicylate is used in oral hygiene products like mouthwashes and toothpaste for its pleasant aroma and mild antiseptic properties.

Report Coverage

Key Benefits for Stakeholders:

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