Polyamide Prices

Polyamide Price Trend and Forecast

Track the latest insights on polyamide 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.

Polyamide Prices Q4 2024

During the fourth quarter of 2024, the polyamide prices in the United States reached 4,720 USD/MT in December. The market saw a steady price decline in the fourth quarter of 2024 due to reduced demand and ample supply. The automotive industry played a central role in market weakness, as manufacturers delayed fresh orders, relying instead on existing stock. Although port strikes caused temporary logistical disruptions, their resolution later in the quarter stabilized supply chains. Export demand remained subdued, further limiting price recovery.

In the fourth quarter of 2024, polyamide prices in China reached 2,600 USD/MT in December. China’s polyamide market faced continued pricing pressure in the fourth quarter of 2024, driven by weak export demand, excess supply, and sluggish procurement from major industries. Downstream buyers hesitated to place large orders, leading to raw material accumulation. Falling feedstock costs contributed to the overall market downturn, while year-end seasonal adjustments further curbed transaction volumes, keeping prices under sustained pressure.

During the fourth quarter of 2024, polyamide pricing in France reached 5,430 USD/MT in December. Germany's polyamide market remained under downward pressure in the fourth quarter of 2024, largely influenced by low requirement from the automotive sector and economic constraints. Slowing new car registrations signaled lower manufacturing activity, lowering polyamide consumption. Although raw material prices remained stable, declining production costs added to the bearish sentiment. Limited international demand and year-end destocking further suppressed market activity.

During the fourth quarter of 2024, polyamide pricing in Saudi Arabia reached 3,400 USD/MT in December. Saudi Arabia's market recorded notable price declines in the fourth quarter of 2024, reflecting weaker domestic demand and excess supply. Manufacturers faced competitive pressures as declining global prices influenced local market trends. Destocking intensified toward year-end, with discounts offered to clear inventories. Meanwhile, reduced freight costs supported stable logistics, though overall procurement activity remained subdued.

During the fourth quarter of 2024, polyamide pricing in Brazil reached 4,230 USD/MT in December. Brazil’s polyamide market struggled with declining prices in the fourth quarter of 2024 due to weak industrial demand and logistical challenges. Domestic suppliers fulfilled most requirements from existing stock, limiting new transactions. Weather-related disruptions and rising freight rates added to market strain, while prolonged delivery times led to inventory buildup. Export demand remained weak, further reinforcing the bearish outlook.

Polyamide Prices Q3 2024

The polyamide prices in the United States for Q3 2024 reached 4,900 USD/MT in September. The polyamide market remained largely stable in the third quarter of 2024, with limited price movements influenced by subdued demand from major industries. The automotive and textile sectors exhibited cautious procurement strategies, keeping trading activity low. Economic uncertainty and inflationary pressures also impacted buyer sentiment. Hurricane-related disruptions briefly affected logistics, though market stability persisted with only slight fluctuations.

The price trend for polyamide in China for Q3 2024, reached 2,070 USD/MT in September. China’s polyamide market saw a gradual decline in the third quarter of 2024 due to subdued demand, excess supply, and weaker international trade. Falling raw material costs and reduced procurement from key industries added to the downward pressure. Geopolitical factors and limited new export orders further constrained market activity, contributing to a steady softening of prices over the period.

The price trend for polyamide in Germany for Q3 2024, reached 6,180 USD/MT in September. Germany’s polyamide market maintained relative stability in the third quarter of 2024, despite weak demand from downstream industries. The automotive sector continued to struggle, reflected in lower new orders and reduced manufacturing output. Economic concerns across the eurozone influenced cautious procurement, while stable supply levels helped prevent major price variations. The market sentiment remained balanced, with limited volatility.

The price trend for polyamide in Saudi Arabia for Q3 2024, reached 3,615 USD/MT in September. Saudi Arabia’s polyamide market faced a consistent decline in the third quarter of 2024, largely due to excess supply and weak demand. Manufacturers struggled to offload inventories as subdued procurement from key industries persisted. Stable freight rates prevented any major logistical disruptions, but continued bearish market conditions resulted in steady price reductions throughout the quarter.

Polyamide Prices Q2 2024

During the second quarter of 2024, polyamide prices in the United States reached 10710 USD/MT In June. The polyamide market faced rising prices due to a tighter supply chain and increased demand, particularly from the automotive industry. Higher freight rates and limited ocean freight space contributed to these price hikes, reflecting a strong demand and constrained supply environment.

Germany's polyamide market saw notable price increases in Q2 2024, impacted by rising feedstock costs and supply chain issues. Increased demand in automotive and textile sectors, alongside economic concerns, and inflation, pushed prices higher, reaching 6981 USD/MT, reflecting strong market momentum and pricing pressure.

Polyamide Prices Q4 2023

Polyamide prices in China for Q4 2023 reached 7548 USD/MT in December. Market conditions were weak on account of low demand and ample supply. A major maintenance shutdown at a key facility reduced production, contributing to moderate supply levels and stable pricing trends.           

In Q4 2023, Saudi Arabia's polyamide market showed stability with moderate demand and steady supply. Cheaper imports from Asia offset global cost pressures from plant shutdowns and currency changes, maintaining a low price of around 3782 USD/MT.

Regional Coverage

The report provides a detailed analysis of the polyamide 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 polyamide price trend.

Global Polyamide Price Trend

The report offers a holistic view of the global polyamide pricing trends in the form of polyamide 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 polyamide historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into polyamide 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 polyamide 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 Polyamide Price Trend

Q4 2024:

The European polyamide market continued on a downward trajectory in the fourth quarter of 2024, largely due to reduced requirement from key industries and seasonal slowdowns. The automotive sector struggled, with declining production and lower new vehicle registrations reflecting economic challenges and reduced consumer appetite. Rising costs and intensifying competition further pressured the market, leading to cautious purchasing behavior. Although feedstock benzene expenses remained stable, falling adipic acid prices contributed to lower production expenses, reinforcing bearish market sentiment. Exports remained weak as international demand failed to recover, exacerbating the regional slowdown. By the end of the quarter, year-end inventory management limited fresh orders, maintaining subdued trading activity and preventing any significant price rebounds across the European market.

Q3 2024:

The European polyamide market demonstrated price stability in the third quarter of 2024, largely guided by subdued demand from key industries and steady supply availability. The automotive and textile sectors showed limited procurement activity as economic headwinds persisted across the eurozone. Manufacturing contraction deepened, with businesses adjusting inventories downward in response to slowing growth and weaker order inflows. Germany, in particular, experienced the most notable price fluctuations, though the overall market maintained a stable sentiment. Limited international demand and cautious buying behavior further contributed to the restrained price movements observed during the quarter. Despite occasional fluctuations, market conditions remained balanced, with supply and demand dynamics preventing any significant price shifts across the region.

Q2 2024:

The European polyamide market experienced a sharp rise in prices in Q2 2024, driven by increased raw material costs and supply chain difficulties. Higher prices for essential feedstocks such as benzene, along with challenges like elevated freight costs and limited shipping availability, pushed prices higher. Sporadic demand spikes in sectors including automotive further contributed to price increases. Germany saw the highest price growth within Europe, with strong demand, tight supply conditions, and seasonal and global cost influences leading to a continued upward pricing trend.

Q1 2024: 

The European polyamide market encountered several difficulties during the first quarter of 2024, marked by a declining demand from the textile and automotive sectors, leading to a surplus in supply. Market sentiment was further dampened by fluctuations in raw material prices. Some of the major market players in the Germany witnessed a dip in polyamide prices due to weaker demand and sales. Production interruptions led to a trend of stability in pricing, reflecting the region's ongoing adjustment to economic conjuncture.   

Q4 2023:

The European polyamide market had a fluctuating performance during Q4 2023. A shortage of supply combined with high local demand led to an uptick in polyamide prices in October. As the quarter continued, the market reached equilibrium due to reduced demand from downstream sectors. By December, there was a substantial drop in new automobile registrations in the automotive industry, primarily due to the early cessation of incentives for electric vehicle purchases, leading to a lower market activity.

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

North America Polyamide Price Trend

Q4 2024:

During the fourth quarter of 2024, the North American polyamide market underwent a steady downturn, primarily influenced by weakened needs, ample supply, and broader economic headwinds. The automotive sector, a key end-user, contributed to the sluggish market as manufacturers prioritized existing inventories over fresh orders. The cautious approach to procurement further dampened transaction volumes, keeping price movements constrained. Additionally, supply chain disruptions stemming from port strikes along the East and Gulf Coasts temporarily impacted logistics, though resolution efforts later in the quarter helped normalize operations. Seasonal destocking further limited market activity, while exports weakened amid reduced demand from major international markets. With declining feedstock costs and an oversupplied landscape, the market ended the quarter on a subdued note with little indication of short-term recovery.

Q3 2024:

The North American polyamide market remained relatively stable in the third quarter of 2024, reflecting a balanced supply-demand scenario despite prevailing economic uncertainties. Weak downstream demand, particularly from the textile and automotive sectors, contributed to restrained purchasing activity, with buyers maintaining cautious procurement strategies. Inflationary pressures and fluctuating raw material costs further shaped market sentiment, discouraging aggressive buying. Additionally, disruptions caused by the ongoing hurricane season added logistical challenges, impacting trade flows and supply chain efficiency. The latter half of the quarter witnessed a marginal decline in prices, indicating a gradual softening of market conditions. By the end of the period, subdued demand and external economic pressures continued to weigh on the market, reinforcing a cautious outlook for future price movements.

Q2 2024:

During Q2 2024, the market in North America saw a notable increase in prices, influenced by a restricted supply chain and growing demand for shipping worldwide. Higher freight costs impacted polyamide prices. Moreover, the resurrection in the manufacturing industry, mainly in automotive, drove up demand and prices. The U.S. experienced the greatest price volatility due to seasonal demand shifts and supply chain constraints. Overall, strong demand coupled with limited supply led to a favorable pricing environment, with expectations for continued growth in prices.      

Q1 2024:

In Q1 2024, the market in North America faced stable demand, with supply levels remaining steady. Demand decreased in key sectors, such as electronics, automotive, and textiles, which influenced the market negatively. A notable disruption happened when BASF SE's facility in Freeport, USA, shut down temporarily in January due to the cold weather. This, combined with fluctuations in crude oil rates and ongoing shipping delays, caused fluctuations in prices and instability in the market.   

Q4 2023:

In Q4 2023, North America's polyamide market showed a modest upward trend with a balanced economic scenario. During October, polyamide prices remained steady due to adequate inventories to sustain local needs, while raw material costs stabilized due to a small decline in crude oil prices, reducing production expenses. November saw rising costs for oil-based materials, leading to increased production costs despite better demand. In December, domestic orders increased, but overseas orders declined, causing a slight price drop during the holiday season.

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

Middle East and Africa Polyamide Price Trend

Q4 2024:

The polyamide market in the Middle East and Africa experienced a notable drop in the fourth quarter of 2024, mainly due to weak demand, surplus supply, and competitive shipping rates. Purchasers stayed prudent, acquiring only necessary quantities, limiting overall market engagement. Weaker pricing trends in key export areas like North America and Asia further stressed the market, as producers aimed to clear out stock at lower prices. Efforts to reduce inventory increased as the year ended, with sellers providing discounts to eliminate surplus stock. Furthermore, falling container freight rates assisted in maintaining competitive pricing throughout the area. Saudi Arabia, in particular, saw significant price drops, indicative of wider market difficulties and weakened demand in essential sectors.

Q3 2024:

The polyamide market in the Middle East and Africa faced a consistent downturn throughout the third quarter of 2024, driven by a combination of oversupply, weak regional demand, and stable freight rates. Excess material inflows from major producing regions, particularly Asia, contributed to mounting inventories, pressuring prices downward. The automotive and textile industries showed sluggish procurement activity, further exacerbating the declining trend. Saudi Arabia witnessed the most pronounced price fluctuations within the region, aligning with the broader market downturn. The latter half of the quarter continued to reflect a steady decline, with limited signs of recovery. By the end of the period, the region remained challenged by an unfavorable pricing environment, portrayed by constant market weakness and cautious purchasing behavior.

Q2 2024:

The polyamide market in the MEA saw prices decline due to weak demand from key sectors like textiles during Q2 2024. Market oversupply, combined with high inventories and logistical issues, further pressured prices downward. In Saudi Arabia, prices fell due to low demand and seasonal factors, reflecting a negative market sentiment. Despite some temporary stability, prices continued to decrease, indicating a challenging environment with weak demand, oversupply, and ongoing logistical disruptions in the Middle east and Africa region.    

Q1 2024:

In the Middle East and Africa, the polyamide market saw price increases in early 2024, driven by high-cost pressures across international markets and rising ocean freight prices. The region's market conditions were further strained by disruptions in shipping routes through the Red Sea, causing delays and impacting supplier performance. A constrained supply of polyamide in exporting countries and an increase in feedstock prices contributed to the rising costs. Despite these challenges, the market showed gradual adaptation to economic shifts by the end of the quarter.     

Q4 2023:

During the fourth quarter of 2023, the polyamide market in the MEA region experienced varied conditions influenced by a steady supply, moderate demand, and fluctuations in currency. In some locations, plant shutdowns led to increased costs, particularly for benzene. Despite the volatility in global markets, Saudi Arabia's market stayed steady on account of the influx of more affordable imports from Asia. The prices remained low driven by moderate demand and pressure from cheaper imports, leading to a generally bearish market trend.

In addition to region-wise data, information on polyamide prices for countries can also be provided.

Asia Pacific Polyamide Price Trend

Q4 2024:

In the final quarter of 2024, the polyamide market across the Asia-Pacific region faced persistent price declines, directed by oversupply, economic uncertainty, and weaker demand from key industries like automotive. Export orders continued to fall as global economic instability discouraged foreign buyers, intensifying downward pricing pressure. Manufacturers exercised caution in procurement, leading to raw material accumulation and reduced purchasing activity. Declining feedstock costs, particularly for benzene and adipic acid, further weighed on market sentiment by lowering production expenses. Throughout the quarter, minimal signs of recovery emerged as seasonal slowdowns and year-end stock adjustments kept transactions at reduced levels. Despite stable supply conditions, lackluster demand left the market struggling to find upward momentum, reinforcing a bearish outlook.

Q3 2024:

The Asia-Pacific polyamide market exhibited a declining trend in the third quarter of 2024, influenced by weak demand, excess supply, and falling raw material costs. High operating rates led to an oversupplied market, while subdued procurement from key sectors, including textiles and automotive, kept transactions limited. Export orders saw a sharp decline due to geopolitical uncertainties and weaker international demand, further dampening market sentiment. Marginal price fluctuations were observed, with a gradual decline in the latter half of the quarter, indicating persistent downward pressure. Despite the challenging environment, supply conditions remained stable, preventing any sharp volatility. By the end of the period, the market continued to struggle with excess inventory and cautious purchasing behavior, maintaining a bearish outlook.

Q2 2024:

The Asia Pacific market faced downward pressure due to weak demand in key sectors including automotive and textiles during Q2 2024. Overproduction and high inventory levels led to excess supply, while growing freight costs and logistical problems added to the market challenges. South Korea experienced the most significant price drops, reflecting broader regional trends of declining demand and oversupply. Throughout the quarter, prices continued to fall, highlighting a challenging environment in the Asia Pacific polyamide market.

Q1 2024:

The market in Asia Pacific region experienced a mixed performance during Q1 2024, showing overall stability. Factors included an economic downturn, fluctuating crude oil costs, and reduced demand in industries like automotive and textiles, particularly in China. Conflicts affecting shipping routes in the Red Sea led to higher freight costs and lower order volumes. Despite these factors, prices in China remained stable due to consistent seasonal patterns and pricing trends.

Q4 2023:

During Q4 2023, polyamide prices in Asia Pacific showed mixed trends, largely due to oversupply and tepid demand. End-of-year sales helped clear inventory, contributing to a stable market. A scheduled maintenance shutdown at Li Peng Enterprise in December reduced production capacity significantly, adding to the market’s sluggishness. The supply of polyamide remained moderate, with prices experiencing minimal changes throughout the quarter, reflecting a stable trend in China and a modest rise in prices.   

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

Latin America Polyamide Price Trend

Q4 2024:

In the fourth quarter of 2024, the polyamide market in Latin America saw ongoing price drops, driven by low demand from key sectors like automotive. Local traders depended significantly on their current stock to satisfy customer demands, which constrained new purchases and reduced transaction volumes. Global economic worries additionally impacted the market, as foreign demand continued to be weak and producers dealt with limited business operations. In Brazil, the supply remained adequate, but logistical issues, such as weather disruptions and transport capacity limitations, contributed to market pressures. Lengthened delivery periods led to an gathering of inventory after production, while increasing transpacific shipping expenses posed further challenges. At the end of the quarter, persistent weak sentiment was evident, mirroring continuing supply chain issues and tepid purchasing activity.

Q3 2024:

The Latin American polyamide market experienced a gradual decline in the third quarter of 2024, influenced by weak demand and logistical challenges. Limited new business activity, coupled with economic uncertainties, dampened consumer spending on industrial materials, including polyamide. The automotive and textile sectors continued to struggle, leading to reduced procurement and excess supply. Brazil saw the most significant price fluctuations within the region, reflecting broader economic headwinds and geopolitical uncertainties. Seasonal slowdowns and trade disruptions caused by severe weather further weighed on the market, contributing to a marginal but steady price decline throughout the quarter. By the end of the period, subdued demand and logistical inefficiencies kept market sentiment weak, preventing any substantial recovery.

Q4 2023:

The analysis of polyamide 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.

Polyamide Price Trend, Market Analysis, and News

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

The report examines the elements influencing polyamide 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.

Polyamide Industry Analysis

The global polyamide industry size reached US$ 33.7 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 54.1 Billion, at a projected CAGR of 5.30% during 2023-2032.

• The global market is experiencing steady growth due to growing application of polyamide in the automotive industry. Polyamides are lightweight and have high strength and thermal stability, which progressively make automotive vehicles more fuel efficient and less polluting.
• Polyamides are gaining traction in the packaging industry due to their barrier properties against gases, moisture, and oils. Increasing demand for vacuum packaging and flexible packaging solutions, due to their ability to maintain quality as well as increase shelf life of food products, is anticipated to drive market growth.
• Continual technological advancements in polyamide composites are contributing to market growth. Emerging innovations in reinforced polyamides, which combine high mechanical strength with reduced weight, are finding applications in automotive, aerospace, and consumer goods, fuelling the market demand.
• The market is further benefiting from emerging innovation in high-performance polyamides that offer superior heat resistance, chemical resistance, and mechanical properties. These materials are increasingly used in demanding applications, such as automotive under-the-hood components and electrical connectors, enhancing market growth.
• Rising environmental concerns and regulations furthers steer the polyamide industry toward sustainable measures. The trend to develop bio-based and recycled polyamides is reliable due to the ecological footprint of companies that need such eco-friendly materials, in compliance with ever-stringent consumer demand.
• Besides this, the expanding electrical and electronics industry is facilitating the market as polyamide excellent insulating properties, mechanical strength, and resistance to chemicals make them ideal for components including switchers, connectors, and housings.
• The adoption of polyamides in renewable energy applications is further creating a positive market outlook as these materials are used in the manufacturing of wind turbine blades, solar panels, and other components due to their lightweight properties, durability, and resistance to environmental degradation.
• The market is also driven by increasing usage of polymer in consumer goods sector, including products, such as kitchen utensils, sports equipment, and luggage due to their durability, resistance to wear and tear, and aesthetic appeal.

Polyamide News

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

Latest developments in the polyamide industry:

• May 2024, BASF India Limited increased the production capacity of its Ultramid polyamide (PA) and Ultradur polybutylene terephthalate (PBT) compounding plant. With the production capacity increase of over 40% in Panoli and Thane, BASF is well-positioned to meet the strong market demand for the high-performance material solution in India.  
• April 2024, DOMO Chemicals has opened a €14 million technyl polyamide production facility in China. The new plant is focused increase current production capacity from 25,000to 35,000 tons and with the long-term vision of 50,000 tons yearly.
• July 2024: Synesquo announced the addition of 5 new grades into its Omnix Echo portfolio of circular polymers. The polyamide grade ranges between 33% and 98% of recycled content credited via the mass balance method.

Product Description

Polyamide is a synthetic polymer that is composed of repeating units linked by amide bonds, widely used in various industrial applications due to its flexibility, strength, and resistance to wear and chemicals. It is manufactured through the polycondensation of diamines and dicarboxylic acids or through the polymerization of lactams. This manufacturing process is efficient and cost-effective, making polyamide a popular material for producing textiles, automotive components, and consumer goods.

Polyamide is widely used in numerous automotive applications, including gears, bearings and under-the-hood products due to its high mechanical strength and heat resistance. Also, it is used in electronics such as in the insulation of wires and the making of connectors due to its electrical insulating function. Polyamide is employed in the textile industry in the production of strong fabrics that are used in apparels, furnishing and industrial applications.

Report Coverage

Key Benefits for Stakeholders:

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