4A Zeolite Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of 4A Zeolite in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

4A Zeolite Price Trend for the Second Half of 2023

Asia

The price trend for 4A Zeolite was observed to be very mixed during the given period of the second half of 2023 in the Asian market. The prices were observed to be oscillating throughout the given period. Quarter three began on a very low note owing to the struggling demands from downstream detergent and cleaning industries.

Despite a rise in crude oil prices, the market trends could not improve in the third quarter; because of this, the suppliers acquired a wait-and-watch policy and procured products very cautiously. This approach somewhat balanced the supply outlook moving forward, and the gap between the supply and demand dynamics narrowed down marginally in the fourth quarter. Though the demands didn’t improve, prices started oscillating within a very confined range and continued like that for the rest of the last quarter.

Europe

The sluggishness of the Asian 4A Zeolite market was also reflected in the European market during the said period of H2’23, as the prices were observed to be wavering at the lower side of the curve here as well. The chemical and detergent industries were struggling with high inventories in the beginning, which kept pushing the prices down. The ongoing geopolitical and geoeconomic disturbances in the fourth quarter trampled international trade even more. Overall, a weak market performance was observed.

North America

In the American 4A Zeolite market the market trend was not much different from its Asian and European counterparts. The prices were found to be tottering low here as well. Demands were consistently unsatisfactory and were unable to support the pricing dynamics. Suppliers were cautious, but the supplies still dominated and pivoted the price curve downward. Conclusively, dull market performance was witnessed.

Analyst Insight

According to Procurement Resource, the 4A Zeolite price trend is likely to remain wavering in a similar manner in the coming quarter, given the uncertain demands and pricing fundamentals amid the current macroeconomic indicators.

4A Zeolite Price Trend for the First Half of 2023

Asia

The prices of 4A Zeolite increased in the first quarter of 2023 as the infrastructure and associated downstream sectors showcased a significant rise in demand. This improvement in the demand sector was a direct consequence of improving economic conditions in China after the Lunar holiday season.

But the second quarter did not support the rising trajectory, and the trend dipped with the weak demand from the construction sector. After a quick start in the first quarter, the market activities subdued in the second quarter, and with muted demand from domestic and overseas buyers, the price trend of 4A Zeolites declined.

Europe

The first quarter of 2023 struggled with the weak demand for 4A Zeolites from the construction sector. The domestic and overseas buyers also reduced their number of offtakes, and with the increasing cost of production amid the pressure of the upcoming recession, the 4A Zeolite market stumbled. The second quarter of 2023 also followed in the steps of the first quarter. In the second quarter, the interest rates in the region spiked, and the negative impact of low orders forced the manufacturers to cut their production costs and the traders to reduce their profit margin, eventually leading to a drop in the prices.

North America

A decline in the prices of 4AZeolite was observed in both the first and second quarters of 2023. The major factors that influenced the trend in the North American region were the poor performance of the construction sector and the low purchasing potential of buyers as the interest and inflation rates rose. In addition to the slow market dynamics of the construction and paints industries, the demand from the health sector also dipped further, aided the falling trend of 4AZeolite.

Analyst Insight

According to Procurement Resource, the price of 4AZeolite is expected to showcase a declining trend as the demand from the end-user industries is low, and the hike in interest and inflationary rates will aid the downward movement 4AZeolite market.

4A Zeolite Price Trend for the Year 2022

Asia

During the first half of 2022, zeolite prices rose to unprecedented highs, given the supply disruptions amid the Russia-Ukraine conflict. The raised freight charges, port congestion, and trade restrictions aided the price hikes. However, soon such high prices led to demand destruction as the purchasing power of consumers was severely impacted.

In the third quarter and fourth quarters of 2022, the prices of 4AZeolite declined due to the feeble demand from domestic and international buyers. In China, the pandemic-related restrictions were warded off in the later months of the quarter, but the market was slow in its recovery, and thus, the prices of 4AZeolites were negatively impacted.

Europe

The European region witnessed the direct consequences of the Russian invasion of Ukraine. The acute energy crisis triggered by the conflict raised the energy and production costs for Europe. The economic backlash gave way to runaway inflation, causing the prices of all commodities, including zeolites, to rise. However, the market could not sustain these high prices for long. Hence, the prices began to decline as the market strived for equilibrium.

In European nations, the prices traced a declining trajectory in the third and fourth quarters of 2022. With the rise in economic tension and heavy shadows of recession due to the ongoing Russia-Ukraine war, the economic activities in the region plummeted, which eventually led to the downfall of the prices. In addition, weak demand from the buyers caused the level of inventories to rise along with the oscillating cost of raw materials, which was based on trembling energy production prices, which also contributed to the decline in the trend of 4AZeolite.

North America

The US domestic market mimicked the global outlook where the price trend for 4AZeolites inclined during the first half of 2022, given the trade restrictions, supply chain disruptions, labor strikes, and rising inflation. However, a gradual decline in the prices of 4AZeolite was observed in the third quarter, which widened in the fourth quarter of 2022.

A significant cause of this fall was the rising uncertainties in production rates due to low demand and rising stockpiles of the product in the market. Additionally, the end-user paints and coatings industries also did not offer any support to the 4AZeolite market, and with declining raw material costs, the prices of 4AZeolites nosedived in the region.

Analyst Insight

According to Procurement Resource, the price of 4AZeolite is estimated to showcase a decline in the upcoming quarter. The demand from the paints and coatings industries seems weak, and with the rising cost of energy production, the 4AZeolite market is expected to fall.

4A Zeolites Prices (Q4 2021)

Asia

Increased government infrastructure spending in markets such as India and China were expected to drive product demand due to the increasing use of zeolite in the production of lightweight construction materials and as a major component in the production of asphalt concrete.

North America

After a long period of inactivity, the market saw some restrictions reintroduced as a result of the discovery of a new variant of COVID. There was also an increase in demand for electric vehicles, so the zeolites market was viewed favourably. Zeotech created the first bench-scale continuous closed loop circuit in November. It is used in the production of pure linde type-A synthetic zeolite products from kaolin feedstock. This development indicated that the zeolite market was expanding.

4A Zeolites Prices (Q1-Q3 2021)

Europe

The zeolite industry was expected to be driven by stringent government requirements for greenhouse gas emissions, as well as a strong production base of detergents and refrigerants in France, the Netherlands, Belgium, and Germany, during the first three quarters of 2021.

North America

The increased production volume of zeolites as detergent builders was expected to boost the industry's expansion due to their excellent cleaning capabilities. The commodities, on the other hand, are classified as hazardous chemicals under the OSHA Hazard Communication Standard, 29 CFR 1910.1200. Because increased exposure to such things has been linked to an increased risk of malignant mesothelioma, government laws have had a positive impact on market growth.

Latin America

There was a growing emphasis on eco-friendly products. Dirt and other foreign particles are removed more effectively by zeolite-based detergents than by conventional detergents. As a result of this factor, the zeolite market grew positively. Separation processes such as water purification and filtration have seen an increase in demand.

4A Zeolites Prices Overview 2020

Asia

In India, the zeolite market in 2020 maintained a consistent price of 764 USD/MT throughout the year, while it was priced at 728 USD/MT in China. Water contamination was a major concern, so governments all over the world enacted strict regulations for the disposal of waste generated by the production of detergents and other chemicals. Because zeolites, as cation-exchangers, aid in pollution control, this boosted market growth.

Europe

Europe had the second-largest revenue share in 2020. In the Netherlands, the metal's price was recorded at 553 USD/MT.

North America

The detergent builders segment accounted for more than 55% of total sales in 2020. The increased production volume of zeolites as detergent builders, owing to their superior cleaning properties, was predicted to aid the industry's growth. Because of its excellent efficacy in removing dirt and preventing the deposition of any unwanted particles, this metal is commonly used as a phosphorus alternative in detergent manufacturing.

Latin America

The price in South America is heavily influenced by the North American market. There was a demand for zeolite in the detergent market, which influenced the South American market. Zeolite was chosen over phosphorous due to environmental concerns and government restrictions. Governments were also providing incentives, resulting in a positive growth in this region's zeolite market.

Procurement Resource provides latest prices of 4A Zeolite. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.