Calcium Chloride Price Trend and Forecast

Regional Price Overview

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

Calcium Chloride Price Trend for the Q1 of 2024

Asia

The downstream weak demand exerted pessimistic pressure on prices of calcium chloride in China during the Q1 of 2024. This raised the concerns of the traders and led to the adoption of flexible selling strategies. The overall trading atmosphere suffered from the loss of export volumes due to a rise in tension between Israel and Hamas, disrupting the Red Sea route.

Calcium Chloride Price Chart

Please Login or Subscribe to Access the Calcium Chloride Price Chart Data
 

The suppliers occasionally reduced prices to stimulate orders, but even this initiative had a limited return. This practice has had a minimal impact on overall price stability. Further, the cost of raw materials, such as soda ash, also remained under the red zone despite slight increases in hydrochloric acid prices, impacting the pricing trajectory of calcium chloride immensely. The downstream cement industry seemed to be affected by adverse weather conditions, resulting in sluggish momentum of the market and high inventory levels among domestic calcium chloride factories.

Europe

In the initial phase of the first quarter, European countries witnessed a slow and gradual improvement in their industrial activities. The construction sector, which suffered from the ill consequences of rising inflation and interest rates in the previous quarter, stabilized during this time and supported a stagnant trend in the pricing trajectory of calcium chloride.

However, the trading community reduced their profit margins amid the falling trading activities and import of expensive calcium chloride due to the blockage of the Red Sea route and rerouting of Asian shipments through the Cape of Good Hope. This increased the freight charges and delivery times by several folds, limiting the growth potential of the calcium chloride market.

North America

The US calcium chloride market experienced a downturn due to ample inventory levels, prompting the manufacturers to resort to reducing their price quotations of calcium chloride. However, stable production costs were maintained amid constant natural gas prices. Additionally, the reduced downstream inquiries forced the traders to opt for destocking activities. However, despite declining raw material prices, particularly soda ash, de-icing industry demand remained strong, signaling an expansion in the manufacturing sector. The stability in the prices of other raw materials further contributed to saturated production costs, ensuring a slow decline in calcium chloride prices.

Analyst Insight

According to Procurement Resource, the price trend of Calcium Chloride is expected to sustain as per the current dynamics of the downstream industries and feedstock material prices. However, the growing economic concerns and trading challenges might hinder the northward movement of calcium chloride prices.

Calcium Chloride Price Trend for the October - December of 2023

Asia

The Asian countries, especially India, tried to present the calcium chloride market with a stable demand but soon fell short amid many opposing factors. First and foremost, the fall in the cost of raw material calcium carbonate had some major implications on the calcium chloride market as it lowered the total cost of production. Additionally, Indian Tata Chemicals registered a straight decline in its profits due to weak demand and surplus supply of the material.

Europe

A similar trend to what was observed in the last quarter of 2023, the European countries in the fourth quarter faced the adverse consequences of low demand from the construction industries. The region also faced the pressure of inflation and persistently rising rates of interest. Further, the traders switched down their output rates in view of existing stockpiles and muted demand from the end-user industries, resulting in a dip in the overall market dynamics of calcium chloride.

North America

The fourth quarter of 2023 saw the calcium chloride prices struggling to maintain a stable trajectory. In the region, it was expected that as the harsher seasons approached, the rates of procurement from the downstream de-icing industries would increase, but they remained moderate at best.

There was some hope for the revival of the trajectory of the prices during the initial phase of the quarter, but the interplay of sufficient inventory levels, poor demand, and the fast declining cost of natural gas led to the stumbling movements in the calcium chloride price trend.

Analyst Insight

According to Procurement Resource, the price trend of Calcium Chloride will be driven by the functioning of the industrial sector and the effects of the Isarel-Hamas crisis on the global trade routes.

Calcium Chloride Price Trend for the July-September of 2023

Asia

Calcium Chloride market performance was observed to be mixed during the third quarter of the year 2023. The quarter started on a healthy note as the demands showed positive inclinations, and the suppliers were excited with the prevalent market momentum.

The rainy season called for more requirements of calcium chloride from wastewater treatment plants, so the price graph kept on elevating as the market offtakes grew. Chemical, food, and beverage industries, too, had a positive response for calcium chloride as the orders kept coming in. This went on for the majority of the third quarter.

However, at the end of Q3’23, the oversupplied inventories started dominating the market behavior. After a moderate to good score on the price index, the calcium chloride prices started subsiding at the end of the quarter. The demand grew up until a certain point and then became stagnant while supplies kept coming in for a longer period. Overall, a moderate market run was experienced.

Europe

In contrast to the Asian calcium chloride market, the European calcium chloride price trend were a little disappointing as the prices mostly remained low, plunging throughout the said quarter of the year. The consuming sectors were not able to create many opportunities for the calcium chloride price index to rise, and to complement this behavior, the feedstock materials provided feeble cost support. Overall, bearish market behavior was observed.

North America

The calcium chloride prices fluctuated within a narrow range in the third quarter of the year 2023. Though the market outlook was looking positive for the majority of the time, the gloomy economic situation in the region also played its part in keeping the price trend at bay.

Analyst Insight

According to Procurement Resource, the Calcium Chloride market will likely do better in the coming months since the winter months will need calcium chloride for de-icing the roads. Regional markets, too, have scope for improvement.

Calcium Chloride Price Trend for the First Half of 2023

Asia

In the Asia-Pacific market, the price trend of calcium chloride rose consistently due till April. In this region, the calcium chloride market was supported by the rising cost of feedstock materials and the high interest of buyers in this sector. The rising demand from the construction industry, regain in momentum of industrial production after the removal of covid policies, and improvements in the economic conditions supported the growth of the calcium chloride price trend. However, in the later phase of the second quarter, demand from the domestic and international sectors fell, and with the high level of inventories and stabilization of energy costs, causing the prices of calcium chloride faced southwards.

Europe

In European nations, the demand for calcium chloride dipped in the first and second quarters of 2023. The construction industry decreased its demand, and the feedstock prices also failed to provide the required support to the calcium chloride market.

In addition to this, the rise in inflation raised the cost of living, which eventually led to a fall in the buying potential of consumers. There was a slight inclination in the trend in the first month of the second quarter, but after, the prices of calcium chloride consistently fell. The surge in the supply chains and low procurement continued to hamper the price trend in this quarter also.

North America

North America suffered from a workforce shortage, gradually declining demand from the construction industry, and a fall in the prices of feedstock materials. These factors negatively impacted the price trend of calcium chloride in the first and second quarters of 2023. In addition to this, the rise in interest rates and ongoing economic stress on industrial production in this region further caused the price trend to fall steeply.

Analyst Insight

According to Procurement Resource, the price trend of Calcium chloride is estimated to follow a falling trajectory as the demand from the construction sector is likely to stay muted.

Procurement Resource provides latest prices of Calcium Chloride. 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.