Vitamin E Prices

Vitamin E Prices September 2024

The vitamin E prices in the United States for Q3 2024 reached 22,350 USD/MT in September. The region faced considerable challenges as supply shortages and price instability ensued, primarily due to the BASF facility disruption in Germany. With limited availability and high demand, industries like supplements, cosmetics, and pharmaceuticals saw increased production costs. This underscored supply chain vulnerabilities, pushing companies to prioritize resilience measures and explore alternative sourcing options.

The price trend for vitamin E in China for Q3 2024 settled at 19,250 USD/MT in September. The market faced intense price instability due to worldwide supply disruptions. The demand surged in sectors like cosmetics and pharmaceuticals, further straining supplies. Typhoon Bebinca’s influence on Shanghai’s logistics added to the constraints, driving sharp price increases, and underscoring the challenges facing China’s Vitamin E supply chain.

In Germany, the vitamin E prices for Q3 2024 reached 21,400 USD/MT in September. The market faced steep price hikes and volatility following supply disruptions at BASF’s facility. BASF’s operational challenges triggered the regional supply shortages, forcing companies to seek alternative, more expensive suppliers. This incident highlighted supply chain vulnerabilities, pushing the industry to prioritize sourcing resilience.

Vitamin E Prices June 2024

The vitamin E prices in China for Q2 2024 reached 12450 USD/MT in June. China has witnessed significant cost fluctuations across the Asia Pacific region. There has been a clear downward trend in the product costs in the Chinese region. Trends especially after the Lunar New Year period, played a significant role in the weak product adoption, making the cost decrease substantial. The pricing environment during this time period is characterized by an abundance of stock and weak production demand, leading to a negative pricing trend.

The price trend for vitamin E in Germany for Q2 2024 settled at 15040 USD/MT in June. This region endured significant cost fluctuations; the product market underwent a substantial transformation. There was a marked decrease in prices, highlighting a considerable market adjustment. Although a slight increase was observed from the quarter before in 2024, the general trend remained bleak. Factors including diminished demand throughout the summer months and high levels of stock further intensified the cost decline. In Q2 2024, the pricing landscape was significantly negative, led by an excess of stock and balancing trade dynamics.

Vitamin E Prices December 2023

The vitamin E prices in the United States for Q4 2023 reached 17035 USD/MT (50% CWS) in December. The market experienced falling prices due to reduced demand from the pharmaceutical and nutraceutical sectors and an oversupply of products. Despite initial declines, a stronger economy and higher consumer demand towards the end of the quarter led to a slight rebound in prices, influenced by increased freight costs.

The price trend for vitamin E in China for Q4 2023, reached 12295 USD/MT (50% CWS) in December. The market experienced a mix of price changes, with overall prices stabilizing despite reduced demand from key industries. The insufficiency of new inquiries from overseas and domestic markets led to lower prices initially, but an improving economic outlook and rising consumer confidence helped the market recover towards the end of the year.

The price trend for vitamin E in Germany for Q4 2023, reached 13395 USD/MT (50% CWS) in December. The market was marked by a substantial price decline due to ample supply and reduced demand from the nutraceutical and pharmaceutical sectors. A deceleration in import prices from China further pressured local prices downward, as German businesses dealt with high stock levels and limited new market activity.

Regional Coverage

The report provides a detailed analysis of the vitamin E 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 vitamin E price trend.

Global Vitamin E Price

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

The report also delves into vitamin E 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 vitamin E 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 Vitamin E Price

Q3 2024:

During Q3 2024, the market in Europe experienced a marked increase in prices, primarily influenced by the rising demand in sectors, such as cosmetics, nutraceuticals, and pharmaceuticals. Key disruptions in the supply chain, especially within major production centers, created imbalances that drove prices upward. The situation was further aggravated by inefficiencies in the logistics sector, adding additional cost pressures across the market. In Germany, the impact was especially significant following an incident at BASF’s facility in August, which disrupted worldwide Vitamin E supplies and triggered notable capacity constraints. Given BASF’s pivotal role in the market, this disruption led to considerable price volatility, both within Germany and across Europe, underscoring the interconnectedness of worldwide supply chains.

Q2 2024:

The European market witnessed a significant downturn in the second quarter of 2024, influenced by numerous pivotal elements. This period saw a reduced adoption from major industries like pharmaceuticals and nutraceuticals alongside enhanced supply chain stability. Stockpiles of Vitamin E, particularly from leading exporters in Asia, resulted in cost-effective pricing pressures within the market. Furthermore, alleviated worldwide trade interruptions and decreased shipping expenses led to these price reductions. Financial influences, such as a modest decline in inflation and bolstered customer trust, slightly mitigated the negative trend but were insufficient to alter the general direction.

Q4 2023:

In Q4 2023, Europe’s vitamin E market saw declining prices driven by ample supply and lower energy costs. European businesses kept significant stockpiles to safeguard against shortages before the holiday season, but reduced demand from end-users led to a price decline. The market faced further downward pressure as China, a major exporter, lowered its Vitamin E prices, benefiting European importers with lower costs. Germany's market, in particular, reflected these changes with significant price drops. Domestic stockpiles and weak demand from key industries such as nutraceuticals and pharmaceuticals kept local sellers offering lower prices. The market dynamics were shaped by these global influences, reflecting a challenging period for the European vitamin E industry.

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

North America Vitamin E Price

Q3 2024:

In Q3 2024, the market IN North America displayed a strong upward trend, with prices showing marked volatility in response to global disruptions, particularly following an incident in August. The year-over-year comparison indicates significant price growth, reflecting dynamic market conditions. Prices for Vitamin E rose steadily, driven by various factors, including supply limits, an increased worldwide demand, and geopolitical challenges, along with logistics issues. The United States subsequently faced intense supply shortages and volatile pricing, affecting sectors, such as nutritional supplements, cosmetics, and pharmaceuticals. This disruption led manufacturers to seek alternative suppliers at higher prices, exposing vulnerabilities in the United States supply chain and prompting an industry-wide focus on enhancing supply resilience strategies.

Q2 2024:

During Q2 2024, the North American region experienced notably favorable conditions, characterized by a steady pricing pattern. This period was defined by multiple elements that bolstered market prices, majorly due to a constrained supply struggling to match shifting demands. Local vendors held limited stock, while heightened purchasing from overseas sources significantly influenced price elevation. Additionally, advancements in the supply chain, including more efficient logistics and shortened import lead times, helped drive market growth. In the United States, Vitamin E prices remained stable across the region. Market patterns showed stagnant pricing, driven by low stock levels and unexpectedly high demand from major industries including nutraceuticals and pharmaceuticals.

Q4 2023:

During Q4 2023, the vitamin E market in North America faced a downturn due to waning demand from both pharmaceutical and nutraceutical sectors and reduced buyer confidence. An oversupply led to market instability, with shelves full of unsold supplements. The early quarter saw high prices, but these decreased significantly by the quarter's end. Analysts noted that few vitamins showed any price increase, with most in a consolidation phase. Increased imports suggest retailers were restocking for the holiday season after a period of destocking. Despite economic concerns, the US economy showed resilience, avoiding a downturn and experiencing growth. Higher customer demand and rising freight costs led to late-quarter price hikes.

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

Middle East and Africa Vitamin E Price

The report explores the vitamin E 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 vitamin E prices for countries can also be provided.

Asia Pacific Vitamin E Price

Q3 2024:

In the third quarter of 2024, the Asia Pacific Vitamin E market experienced sharp price increases due to a convergence of supply constraints and strong demand across industries like nutraceuticals, pharmaceuticals, and cosmetics. A significant disruption at BASF’s facility caused ripple effects that tightened global supply, leading to inventory management challenges and price surges throughout the region. In China, in particular, the market witnessed elevated price volatility, largely influenced by heightened global demand and supply chain disruptions. The arrival of Typhoon Bebinca in late September led into logistics delays in Shanghai and amplifying these constraints. The result was a steep increase in Vitamin E prices, fueled by a mix of global volatility, the rising demand, and logistics bottlenecks that exacerbated supply shortages. These factors created a highly unpredictable market environment marked by considerable price fluctuations and ongoing supply uncertainties.

Q2 2024:

In Q2 2024 prices have steadily decreased across the Asia Pacific region, primarily due to several key influences. An excess supply of the product, combined with a weak adoption from both national and global markets, has led to substantial negative influence on pricing. Despite facing high production expenses driven mainly by elevated energy costs, producers were unable to pass these costs onto consumers because of sluggish demand. This ongoing mismatch between supply and demand has been a major factor in the significant cost drop observed over this period.

Q4 2023:

In the Asia-Pacific region, the vitamin E market displayed mixed trends in the final quarter of 2023. Some products experienced price increases, while others saw reductions, leading to overall price stability. However, economic growth and improved production in countries like India supported the nutraceutical sector, boosting demand. Despite this, sluggish demand from nutraceutical and pharmaceutical industries led to lower prices in China, with limited new inquiries reflecting reduced market activity. As the quarter progressed, a gradual increase in prices was observed in China due to rising consumer confidence and an improving economy. The vitamin E market showed signs of recovery by the year’s end, although varied results were evident across different product categories.

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

Latin America Vitamin E Price

The analysis of vitamin E 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.

Vitamin E Price Trend, Market Analysis, and News

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

The report examines the elements influencing vitamin E 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.

Vitamin E Market Analysis

The global vitamin E market size reached US$ 2.5 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 3.8 Billion, at a projected CAGR of 4.60% during 2023-2032.

• The growing demand for vitamin E due to the rising awareness among individuals about the importance of maintaining enhanced health is offering a positive market outlook. Moreover, the increasing consumption of vitamin E supplements due to its antioxidant properties is impelling the market growth.
• The escalating demand for vitamin E supplements due to the rising geriatric population is bolstering the market growth. The United Nations Population Fund and Help Age India estimated that the senior population in India is anticipated to increase to 173 million by 2026. Additionally, elderly individuals are more prone to skin-related issues and other chronic diseases, which in turn, is driving the need for vitamin E supplements.
• There is an increase in heart disease, diabetes, and cancer cases across the globe due to lifestyle changes, poor dietary patterns, and limited physical activity. Vitamin E plays a crucial role in preventing or delaying chronic diseases associated with reactive oxygen species molecules. It is used for treating vitamin E deficiency that can occur in people with certain genetic disorders and in very low-weight premature infants. It is also beneficial for certain skin disorders, such as eczema.
• The vitamin E demand is further propelled by its utilization in the food and beverage (F&B) sector. It is incorporated in various beverages and food products for catering to the needs of health-conscious individuals.
• Vitamin E is also becoming increasingly popular in the personal care sector. It is used in skincare and beauty products due to its moisturizing properties and the ability to protect the product from oxidation. It prevents premature skin aging and protects the body from harsh ultraviolet (UV) rays. Moreover, the rising focus on maintaining outer beauty among individuals is catalyzing the demand for vitamin E in cosmetic products. People are willing to spend on premium skincare products to keep their skin hydrated and fresh. As per Statista, the beauty and personal care market across the globe is anticipated to generate a revenue of US$ 646.20 Billion in 2024.

Vitamin E News

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

Latest developments in the vitamin E industry:

• 1 February 2022: Orah Nutrichem Pvt Ltd, one of the leading manufacturers of Natural Vitamin E in India, launched ORAH Vit E, tocotrienol-based natural antioxidant and other variants.
• 1 June 2021: One Rock Capital Partners LLC acquired the special manufacturing site and other associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants, and esters from BASF in Kankakee, Illinois.

Product Description

Vitamin E is a fat-soluble vitamin that is mainly found in various food items, such as cereals, meat, poultry, eggs, and fruits. It acts as an antioxidant and enhances immune function while preventing clots from forming in heart arteries. It protects body tissue from damage caused by substances known as free radicals.

Vitamin E assists in reducing levels of the liver enzymes alanine aminotransferase (ALT) and aspartate aminotransferase (AST), decreasing blood lipid levels, and improving liver health in people with non-alcoholic fatty liver disease (NAFLD). It also benefits in managing dysmenorrhea, a condition characterized by severe and frequent menstrual pain, such as cramps and pelvic pain.

Furthermore, it is beneficial for individuals with cognitive conditions like Alzheimer’s disease. It also improves lung function and certain symptoms of asthma in children and adults.

Report Coverage

Key Benefits for Stakeholders:

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