Naphthalene Price Trend

Naphthalene Price Trend, Index and Forecast

Track the latest insights on naphthalene price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Naphthalene Prices Outlook Q1 2025

• USA: US$ 1925/MT
• Japan: US$ 556/MT
• Germany: US$ 1048/MT
• India: US$ 1040/MT
• China: US$ 665/MT

Naphthalene Price Chart

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During the first quarter of 2025, the naphthalene prices in the USA reached 1925 USD/MT in March. In Q1 2025, naphthalene prices in the USA rose modestly, supported by stable demand from the construction and chemical manufacturing sectors. Supply constraints emerged due to reduced tar distillation activity and refinery maintenance turnarounds. Rising crude oil prices added cost pressure to upstream feedstocks. Import volumes remained consistent but were offset by longer transit times and elevated logistics costs, contributing to a firm pricing environment.

During the first quarter of 2025, naphthalene prices in Japan reached 556 USD/MT in March. Naphthalene prices were driven by moderate demand from the dye and plastics industries. Tight regional supply conditions, stemming from limited domestic production and reduced inflows from China, created intermittent shortages. Currency fluctuations and rising freight costs also impacted procurement. Buyers adopted a cautious stance, managing inventories carefully to navigate supply disruptions without overexposure to price hikes.

During the first quarter of 2025, the naphthalene prices in Germany reached 1048 USD/MT in March. Naphthalene prices increased during Q1 2025 as supply disruptions from Eastern Europe and reduced tar output in the domestic market constrained availability. Demand from the construction and pigment sectors remained steady, adding to upward pressure. High energy costs and transportation delays, especially via rail and inland waterways, affected distribution efficiency, compelling buyers to pay premiums to secure timely deliveries.

During the first quarter of 2025, the naphthalene prices in India reached 1040 USD/MT in March. India experienced rising naphthalene prices in Q1 2025 due to strong demand from the surfactant and dye sectors, coupled with limited domestic availability. Imports from China and Europe faced delays and cost hikes from elevated freight rates. Domestic tar distillation remained below capacity, partly due to raw material shortages. Strategic procurement by large manufacturers further tightened market conditions, driving prices higher through the quarter.

During the first quarter of 2025, the naphthalene prices in China reached 665 USD/MT in March. China's naphthalene prices were influenced by fluctuating coal tar availability and shifting demand dynamics across the chemical and construction sectors. Environmental inspections and operational limits at tar distillation plants disrupted supply. Domestic consumption remained strong, limiting export availability. Rising coal prices and internal logistics inefficiencies added to cost pressures, creating a bullish pricing environment with occasional sharp corrections.

Naphthalene Prices Outlook Q3 2024

• United States: US$ 1756/MT
• Japan: US$ 567/MT
• Germany: US$ 925/MT

The naphthalene prices in the United States for Q3 2024 reached 1756 USD/MT in September. In Q3 2024, the market for the region experienced a substantial price increase driven by tightening distribution networks and stable downstream demand. Logistical disruptions added to this upward trend, leading to notable changes in price. The quarter ended with robust gains, highlighting market potency and a favorable costing landscape.

The price trend for naphthalene in Japan for Q3 2024 settled at 567 USD/MT in September. The region's market, in the quarter, faced a persistent decline, marked by weak demand from downstream sectors and seasonal production factors. Prices continued on a downward trend, reflecting subdued market activity and negative sentiment throughout the quarter. This bearish phase emphasized limited purchasing power and stagnant trading.

In Germany, the naphthalene prices for Q3 2024 reached 925 USD/MT in September. The market in the region saw a substantial price increase, driven by distribution challenges and rising shipping costs. The steady feedstock costs and robust downstream demand supported the bullish sentiment. The market showcased sensitivity to logistics and production variables, contributing to noted variations in price and a positive quarter-end.

Naphthalene Prices Outlook Q1 2024

• United States: US$ 1658/MT
• Japan: US$ 596/MT
• Germany: US$ 929/MT

The naphthalene prices in the United States for Q1 2024 reached 1658 USD/MT in March. The market for the region faced notable challenges, with prices reflecting a negative trend due to low requirement from plastics and resins industries. High stocks and reduced manufacturing expenses, driven by declining coal feedstock prices, added pressure, resulting in an overall weak market environment.

The price trend for naphthalene in China for Q1 2024 settled at 596 USD/MT in March. The region's market, in this quarter, experienced weak trading conditions due to sufficient supply levels and high inventories among major producers. Limited buyer enthusiasm and reduced purchasing activity, combined with a downturn in coal supply and demand, further strained the market, fostering subdued sentiment and lower prices.

In Germany, the naphthalene prices for Q1 2024 reached 929 USD/MT in March. Due to poor requirement from downstream industries including plasticizers and dyes, Germany's market suffered sharp price drops in the first quarter of 2024. The combination of seasonal lack of interest and abundant supply, which was fueled by higher output and large stock levels, added to the pessimistic outlook and general downward pricing trend.

Naphthalene Prices Outlook Q4 2023

• Germany: US$ 12700/MT

The naphthalene prices in Germany for Q4 2023 reached 12700 USD/MT in December. The market faced a notable downturn, with prices impacted by weak demand and ample supply. Limited trading activity and low energy costs compounded the bearish market outlook. The market experienced minimal movement, driven by sluggish downstream demand and abundant stock levels, reflecting a challenging environment.

Regional Coverage

The report provides a detailed analysis of the 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 FOB and CIF prices, as well as the key factors influencing the naphthalene prices.

Global Naphthalene Price Trend

The report offers a holistic view of the global naphthalene pricing trends in the form of naphthalene 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 levels but also provides insights into historical price of naphthalene, 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 naphthalene 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 Naphthalene Price Trend

Q1 2025:

As per the naphthalene price chart, in Q1 2025, Germany’s naphthalene market exhibited stable pricing amid balanced supply and demand. Early-quarter bearish sentiment from weak industrial activity and inflation-related construction slowdown was offset by steady demand from the phthalic anhydride and chemical sectors. Despite persistent economic headwinds and rising adoption of non-phthalate alternatives, effective inventory control and consistent downstream offtake helped maintain price stability, with limited deviation from prior quarter levels.

Q3 2024:

Germany saw the most price increases in the European naphthalene market, which saw an upward trend in Q3 2024. Increased transportation costs, operational issues, and supply interruptions all had an effect on the market. The bullish sentiment was fueled by these elements, as well as stable feedstock pricing and consistent downstream industry demand. Price increases in Germany were noteworthy, demonstrating how sensitive the market is to both inside and outside variables. The overall pricing environment was characterized by fluctuations that reflected the region’s complex supply chain dynamics and economic variables. The quarter ended on a positive note, highlighting a strong bullish market outlook.

Q1 2024:

With steady price drops over the quarter, the European naphthalene market had a difficult first three months of 2024. Sales volumes and market activity were hampered as a result of the downstream sectors' muted demand for plasticizers and color additives. High output and large inventories led to oversupply problems, which put more pressure on pricing. As decreased consumption is usually seen in the initial quarter, seasonal demand trends also added to the market's pessimism. Germany saw significant price shifts, with continuous declines indicating overall market difficulties and a persistently weak trading environment.

Q4 2023:

During Q4 2023, Europe’s naphthalene market experienced a downturn due to several factors. Oversupply created a negative sentiment, compounded by reduced demand from sectors including dye intermediate and chemical. Ample and inexpensive feedstock of coal also influenced market conditions, pushing prices lower. The market in Germany, in particular, was impacted by low trading activity and weak fundamentals. Declining energy costs and high inventory levels accelerated the challenging conditions, alongside minimal demand from downstream industries. Overall, the European market was marked by abundant supply, slack demand, and price declines, reflecting widespread bearish sentiment and sluggish trade activity across the region.

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

North America Naphthalene Price Trend

Q1 2025:

According to the naphthalene price index, in Q1 2025, North American naphthalene prices followed a mixed trend: initial stability in January gave way to a sharp rise in February, then plateaued in March. Early-quarter demand was moderate, but post-holiday recovery, supply constraints from Japan, and labor shortages pushed prices higher mid-quarter. Strong phthalic anhydride demand and feedstock cost hikes supported the surge. However, rising inventories and softer downstream activity in March eased pressure, marking a moderate recovery compared to Q4 2024.

Q3 2024:

A combination of supply chain limitations, steady downstream demand, and financial conditions led to an increase in naphthalene prices in North America during the third quarter of 2024. This increasing trend was bolstered by supply delays and logistical difficulties, which added to the optimistic market climate. With a considerable rise from the initial to the subsequent part of the quarter, the USA saw notable price volatility. Despite slight year-over-year price drops, attitude was generally more upbeat than it had been the year before. The market's ability to adjust to shifting conditions was demonstrated by the significant gains made at the end of the quarter.

Q1 2024:

In quarter one of 2024, the North American naphthalene market encountered difficulties due to low price and unfavorable sentiment. One of the main causes of the muted market activity and high inventory levels was the lack of requirement from important downstream sectors including plastics and resins. Ample product supply was maintained despite additional strain from slow trading and purchase dynamics. By reducing production expenses, the drop in the price of coal fuel had an additional effect on naphthalene prices. The USA, in particular, experienced notable price drops, showcasing the region’s struggle with continued price decreases and an overall negative market trend.

Q4 2023:

The naphthalene market in North America faced a decline this quarter, with transactions occurring only as necessary. Demand from the downstream resin and plastic industries weakened toward the year's end, showing slow purchasing trends. Coal prices in the feedstock market remained stable, even as trading fundamentals stayed sluggish. As thermal coal became the preferred energy source over liquefied natural gas for winter power generation, manufacturing firms increased purchases. Despite a robust product supply and increased stockpiles at ports, the region experienced fluctuating market dynamics. Production rates rose, but leading manufacturers reduced operating costs due to weak trading. The international market saw low demand, further contributing to a challenging trading landscape.

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

Middle East and Africa Naphthalene Price Trend

Q1 2025:

The report explores the naphthalene trends and naphthalene 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 naphthalene prices for countries can also be provided.

Asia Pacific Naphthalene Price Trend

Q1 2025:

In Asia Pacific, as per the naphthalene price index, naphthalene prices followed a stable to mildly bullish trend. January began with a slight dip due to weak demand from dyes and construction sectors but stabilized by month-end through cautious inventory control. February saw sharp mid-month price increases, driven by tight supply and strong demand from phthalic anhydride and specialty chemicals. Prices held firm through March amid steady coal tar output and restrained procurement. Compared to Q4 2024’s bearish trend, Q1 reflected a moderate recovery, though persistent construction sector weakness limited further gains.

Q3 2024:

The third quarter of 2024 in the Asia Pacific naphthalene market was marked by declining costs, with negative sentiment prevailing throughout the period. The market showed a consistent downward trend, influenced by weak demand from downstream industries and seasonal factors impacting production and consumption. Japan recorded significant price decreases, driven by sluggish market activity and insufficient demand. The pricing environment continued to reflect challenges, with marked differences between the first and second halves of the quarter. This bearish outlook was supported by limited uptake and market stagnation, contributing to an ongoing negative trend in the region.

Q1 2024:

The Asia Pacific naphthalene market in Q1 2024 continued its declining trend, shaped by sluggish business activity and minimal purchasing interest. The larger financial environment affected downstream demand, resulting in stagnant growth, and weakened market sentiments. Despite steady manufacturing from domestic manufacturers and sufficient stocks, coal supply and demand remained restricted, leading to decreased pricing strategies. In Japan, notable stock levels and adequate supply aligned with subdued buyer enthusiasm, further straining market fundamentals. Spot price discussions pointed to continued softening of the market attributed to limited buying power and weak trading volumes.

Q4 2023:

In Q4 2023, the Asia Pacific's naphthalene market saw reduced prices and stagnant market activity. Japan faced particularly sluggish exports because of decreased demand and constrained availability, leading to excess inventory issues from earlier imports. The declining consumption was driven by weak trading and economic tensions. Major producers faced revenue drops and tighter profit margins, attributed to reduced demand and lower production costs. Japan’s exports to other Asian regions showed limited movement, with suppliers hesitant to raise prices amid ongoing weak demand and sluggish year-end activity. The downward trend persisted, as the market struggled with low confidence and a lack of expected demand recovery.

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

Latin America Naphthalene Price Trend

Q1 2025:

Latin America's naphthalene 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 naphthalene prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the naphthalene price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing naphthalene pricing trends in this region.

Q3 2024:

The analysis of naphthalene 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.

Naphthalene Price Trend, Market Analysis, and News

IMARC's latest publication, “Naphthalene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the naphthalene market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of naphthalene at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed naphthalene prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting naphthalene pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Naphthalene Industry Analysis

The global naphthalene market size reached USD 1.14 Billion in 2024. By 2033​, IMARC Group expects the market to reach USD 1.60 Billion, at a projected CAGR of 3.61% during 2025-2033.

• The increasing demand for naphthalene-derived surfactants in the agrochemical industry for producing pesticides and herbicides is further bolstering market growth.
• Rapid expansion of the textile and clothing industries, particularly in emerging economies, is expected to propel the demand for naphthalene used in synthetic fibers.
• The rising inclination towards sustainable and eco-friendly products, prompting manufacturers to invest in the development of bio-based naphthalene alternatives that comply with environmental regulations and reduce reliance on fossil fuels.
• Strategic alliances and mergers in the chemical manufacturing sector are poised to optimize production processes and expand the reach of naphthalene products into new markets, ensuring sustained growth amidst changing global economic and regulatory landscapes.
• Shifting trends towards integrated pest management (IPM) strategies in agricultural practices increasingly incorporate naphthalene as a biopesticide, given its effectiveness in pest control without the environmental and health risks associated with traditional pesticides.
• Continuous innovations in industrial processes and the rising adoption of naphthalene in niche applications are opening new avenues for market expansion.
• The heightened demand for raw materials like naphthalene used in construction, agriculture, and manufacturing, this expansion into these new geographic areas represents a significant growth opportunity for the naphthalene industry.
• Naphthalene is used as a raw material in the production of certain pigments and as a solvent in paints and coatings, in construction and automotive sectors it directly influences the paints and coatings industry, subsequently prompting naphthalene demand.
• The emerging trend towards the development of bio-based chemicals as a sustainable alternative to their fossil-based counterparts.
• As the electronics industry continues to grow, naphthalene derivatives that are used in the production of certain electronic components, such as semiconductors and insulating materials, could see increased demand.
• Specialty chemicals markets are rapidly evolving, and naphthalene's versatility makes it suitable for use in creating high-value, specialized products for niche markets, which often yield higher profit margins.

Naphthalene News

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

Latest developments in the naphthalene industry:

• In April 2024, BASF expanded its EcoBalanced product range, enhancing its commitment to environmentally friendly solutions for detergent and cleaning product manufacturers and industrial formulators. In partnership with customers, BASF aims to accelerate the shift from fossil-based to renewable raw materials through its Care Chemicals division's "Care 360° – Solutions for Sustainable Life".
• In April 2024, Evonik introduced Ancamine® 2880, a fast-curing, UV-resistant epoxy curing agent with superior mechanical properties and abrasion resistance, ideal for flooring applications due to its low color and high gloss. This new, globally available agent allows for ambient and low-temperature curing, rapid hardness development, and early walk-on times.
• In March 2024, Merck expanded its M Lab™ Collaboration Center in Shanghai with a €14 million investment, adding a biology application lab, a process development training center, and an upstream application lab, making it the largest in its global network. This expansion supports the biopharmaceutical industry in China by offering enhanced capabilities and services to accelerate the development and manufacturing of novel drug therapies.

Product Description

Naphthalene is an organic substance with a strong and distinctive mothball-like aroma which is a member of the class of polycyclic aromatic hydrocarbons (PAHs); its molecular formula is C10H8. It is an annellation of two bonded benzene rings, thus, belonging to the category of minimum chemical compounds containing it. Naphthalene is mainly obtained by the distillation of coal tar, a by-product of the steelmaking process, but it can also be gained from petroleum.

The advantage of naphthalene in industrial applications lies in its ability to be applied in many fields. It acts as an initial compound of a lot of other chemicals, and phthalic anhydride is the most common example, which virtually every thermal corrosion inhibitor depends on. On top of that, naphthalene, which is the major component of mothball formation, can be also used as a pesticide since it releases a gas that is a poison for insects and pests.

Not only in medical applications that naphthalene comes in handy, but also in the construction industry where it is added to concrete as a plasticizer to slow down the curing process, thus, ensuring better properties that improve the material’s strength and durability. For instance, we can take another example from the chemistry laboratory, where it is employed as a solvent for multiple chemical reactions, providing a medium in which reacting substances can react more efficiently.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of naphthalene pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting naphthalene price trend, including input costs, supply-demand shifts, and geopolitical impacts, 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 naphthalene price charts ensure our clients remain at the forefront of the industry.