Citronellol Price Trend and Forecast

Citronellol Regional Price Overview

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

Citronellol Price Trend for the Second Half of 2023

Citronellol is a naturally occurring compound that is frequently used in the essential oils of fragrant plants such as lemon-scented gum and citronella grass. It is used extensively in the fragrance business to add citrus notes to air fresheners, candles, and perfumes because of its potent lemon flavor. Citronellol is also used in tastes, medicines, and insect repellents. It is also a precursor in the manufacture of several other compounds, such as menthol and citronellol. These diversified industrial applications of the Citronellol drive its market momentum.
 

Citronellol Price Chart

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During the H2 of 2023, the cosmetic industries registered excellent growth on the back of rising awareness and popularity of personal care items. In China, the industry showcased robust growth as during the winter holiday season in the fourth quarter, the demand for products such as Citronellol achieved new highs. In addition to this, amid limited manufacturing due to some economic constraints and spiking demand, the traders raised their quoted prices of Citronellol.

Analyst Insight

According to Procurement Resource, the price trend of Citronellol is estimated to showcase a mirrored trend based on the performance of the downstream fragrance and beauty industries worldwide.
 

Citronellol Price Trend for the First Half of 2023

Citronellol price trend are primarily driven by the demands from downstream consuming sectors like natural mosquito repellents, aroma, and flavoring industries. In the first half of 2023, the Citronellol market remained oscillating, and the prices were tugged, given the current market dynamics.

Aromatherapy and natural fragrances were gaining consumer interest, especially with Citronellol, because of its therapeutic properties. But a rise in mosquito bone diseases, majorly in the European region, also questioned the efficacy and potency of Citronellol in repelling mosquitoes, so the consumer sentiment was observed to be very mixed. Overall, the Citronellol market remained afloat throughout the said period.

Analyst insight

According to Procurement Resource, the Citronellol market is expected to continue exhibiting similar fluctuating price trend since both the consumer demands and the supplies continue to remain under pressure.

Procurement Resource provides latest prices of Citronellol. 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.