Ethylene Brassylate Price Trend and Forecast

Ethylene Brassylate Regional Price Overview

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

Ethylene Brassylate Price Trend for the Second Half of 2023

Ethylene Brassylate prices wavered throughout the second half of the year 2023. The market started firmly at the beginning of the third quarter and registered a slow yet steady growth at the price index in the early months. However, the market inclination was very short-lived, as the prices tumbled in the year-ending months.
 

Ethylene Brassylate Price Chart

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The market saw variations as the consumption from the artificial fragrance industry dipped substantially, the market itself downsized, and the production costs plummeted on the back of falling feedstock costs, taking away the upstream cost support as well. Overall, mixed market sentiments were witnessed in H2’23.

Analyst Insight

According to Procurement Resource, the Ethylene Brassylate prices are likely to continue to waver within confined ranges in the coming months as well, since the supply and demand outlooks are not projecting much change.
 

Ethylene Brassylate Price Trend for First Half of 2023

Ethylene brassylate is widely used as a stabilizer and scent in the fragrance industries. It is an oily propylene glycol employed in various cosmetics and skin care formulations. In terms of flavors and fragrances, Asia-Pacific was the largest region in 2023, and it has escalated at the quickest rate during the first and second quarter of 2023.

The main trend gaining traction in the flavors and fragrances market is the use of more natural components in the production of tastes and perfumes. Natural flavors and perfumes are aromatic items made from natural components and free of artificial additives.

To satisfy end-user requests and improve their market position, players in the flavors and fragrances market were focused on producing novel, natural flavors, and fragrances with multifunctional qualities. The demand of nature-based products in the global markets thus drove the price trends of ethylene brassylate towards a positive direction.

Analyst Insight

According to Procurement Resource, the price of Ethylene Brassylate is expected to be affected by the supply rates and demand from end-user industries along with changes in the consumption rates of consumers.

Procurement Resource provides latest prices of Ethylene Brassylate. 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.