Tricalcium Phosphate Prices December 2023
Product
|
Category |
Region |
Price |
Tricalcium Phosphate |
Specialty Chemical |
USA |
1345 USD/MT |
Tricalcium Phosphate |
Specialty Chemical |
China |
1085 USD/MT |
Tricalcium Phosphate |
Specialty Chemical |
Germany |
1275 USD/MT |
Tricalcium phosphate (TCP) prices in the USA hiked in Q4 2023, but then slightly dipped as a result of low use and high stockpiles. The price mounted to 1345 USD/MT due to rising production costs and higher energy costs in exporting countries, driving up demand. In addition, downstream panel manufacturers kept up their purchases, which had an impact on supply chains and international freight rates.
Prices for TCP skyrocketed to 1085 USD/MT in China in Q4 2023, due to rising demand, particularly in the "golden September" and "silver October" seasons. However, November saw a drop in pricing as a result of bulk procurement and sluggish overseas demand.
Throughout Q4, TCP prices in Germany rose gradually due to growing demand, energy costs, and production costs. The prices concluded at 1275 USD/MT nearing the end of Q4 2023, having increased throughout the quarter despite a minor decline in the middle. Upstream raw material prices—especially for phosphoric acid—supported this upward trajectory.
Tricalcium Phosphate Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Tricalcium Phosphate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of tricalcium phosphate 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 tricalcium phosphate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of tricalcium phosphate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing tricalcium phosphate 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.
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Tricalcium Phosphate Market Analysis
The global tricalcium phosphate market size reached US$ 426.3 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 704.2 Million, at a projected CAGR of 5.70% during 2023-2032.
- The expanding demand for TCP in the food and beverage (F&B) industry represents the key factor driving the market growth, driven by its use as a food additive and nutritional supplement due to its calcium content, aiding in bone health and food fortification initiatives.
- The rising awareness regarding dental health and the increasing prevalence of dental disorders worldwide is fueling the demand for TCP in dental applications, such as toothpaste and dental fillings, as it enhances the strength and durability of dental products.
- Additionally, the burgeoning growth of the pharmaceutical industry is contributing to market expansion, as TCP is widely utilized in pharmaceutical formulations due to its bioavailability and biocompatibility, facilitating drug delivery systems and bone regeneration therapies.
- The booming animal feed industry, driven by the growing global population and rising meat consumption, is boosting the demand for TCP as a feed additive, essential for maintaining animal health, bone development, and eggshell quality.
- Furthermore, advancements in manufacturing technologies and the increasing adoption of synthetic TCP over natural sources are strengthening the market growth, as synthetic variants offer consistent quality, purity, and cost-effectiveness.
- In confluence with this, the expansion of the cosmetics and personal care sector, propelled by changing consumer preferences is driving the demand for TCP in cosmetic formulations, such as skin creams and powders, due to its absorbent properties and skin-friendly nature.
- The growing investments in research and development (R&D) activities aimed at exploring novel applications of TCP, such as in tissue engineering are impelling the market growth, as it offers biocompatibility and osteoconductive properties crucial for bone tissue regeneration and scaffold fabrication.
- Moreover, the increasing focus on sustainable and eco-friendly solutions across industries is also propelling the demand for TCP derived from renewable sources, such as animal bones and recycled waste materials.
- Apart from this, the widespread product adoption across the construction industry, particularly in cement production as a setting retarder and strength enhancer, improving the durability and performance of concrete structures is aiding in market expansion.
Tricalcium Phosphate News
The report covers the latest developments, updates, and trends impacting the global tricalcium phosphate 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 tricalcium phosphate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the tricalcium phosphate price trend.
Latest developments in the tricalcium phosphate industry:
- In March 2024, EuroChem opened a state-of-the-art phosphate fertilizer production facility in Serra do Salitre, Minas Gerais, Brazil. The complex, which has an annual production capacity of 1 million tonnes, is expected to increase the reliability of domestic phosphate fertilizer supplies to Brazilian farmers. The facility offers integrated phosphate fertilizer production with low water consumption, a fully closed water circuit, and a clean energy generation system.
Product Description
TCP often referred to as beta-tricalcium phosphate (β-TCP) or tribasic calcium phosphate, is a biomaterial that is frequently utilized in bone tissue engineering because of its structural and chemical similarities to the mineral phase of bone. It is also very biocompatible and osteoconductive. Besides this, it may be transformed back into normal bone through a cell-mediated process involving osteoclastic activity.
TCP is used as a volume expander, to fill up voids left by metaphyseal fractures or bone cysts, and as a carrier of growth hormones and antibiotics. It may also be found in many forms, such as calcium phosphate cement, and solid goods. Additionally, it is employed in orthopedic and dental procedures including implant coatings and bone grafting.
TCP can be readily obtained off-the-shelf and is inexpensively and mass-produced. It can be degraded by osteoclasts, and the rate at which it breaks down depends on its crystallinity, porosity, and surface roughness. The breakdown products that are primarily made up of calcium and phosphate ions are useful for the formation of new bone.
Regional Coverage
The report provides a detailed analysis of the tricalcium phosphate 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 tricalcium phosphate price trend.
Global Tricalcium Phosphate Price
The report offers a holistic view of the global tricalcium phosphate pricing trends in the form of tricalcium phosphate 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 tricalcium phosphate 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 tricalcium phosphate 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 Tricalcium Phosphate Price
TCP prices increased in Q4 2023 in Europe and Germany as a result of higher production and consumption costs. In response to client demands, market players provided updated pricing quotations, and downstream panel producers proceeded with procurement per demand. Global freight costs were on the rise, which also affected market dynamics. Due to weaker consumption, ample inventories, high energy costs, and fluctuating exchange rates on imported raw materials, the process did, however, slightly slow down in Q4 2023.
This analysis can be extended to include detailed tricalcium phosphate 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 Tricalcium Phosphate Price
The North American market for TCP saw a minor decline in Q42023 as a result of weaker consumption, rising energy prices, and fluctuations in exchange rates that affected the import of raw materials. The cost of energy and production in exporting countries drove the spike in demand. Market dynamics were also affected by the growing cost of freight globally. The price of phosphoric acid, an upstream raw material, contributed to the positive trend that was observed in Q42023.
Specific tricalcium phosphate 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 Tricalcium Phosphate Price
The report explores the tricalcium phosphate 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 tricalcium phosphate 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 Tricalcium Phosphate Price
In Q42023, end-user demand and strategic bulk ordering caused a price hike in the TCP market in the Asia-Pacific area. In order to stay profitable, manufacturers had to modify their pricing strategies. To get rid of extra inventory, local suppliers did, however, lower their prices in November. Anticipating higher demand in December, there were brief shortages and price increases during inventory replenishment.
This tricalcium phosphate 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 Tricalcium Phosphate Price
The analysis of TCP 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. |
Report Coverage
Key Attributes |
Details |
Product Name |
Tricalcium Phosphate |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Tricalcium Phosphate 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 tricalcium phosphate 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 tricalcium phosphate 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 tricalcium phosphate price charts ensure our clients remain at the forefront of the industry.