L-Lysine Price Trend and Forecast

L-Lysine Regional Price Overview

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

L-lysine Price Trend for Second Half of 2023

The growing demand for L-lysine in animal feed applications, particularly in the poultry and swine industries is the primary cause of expansion of the market. L-lysine is an essential amino acid crucial for animal growth and health, driving its use as a feed additive to improve feed efficiency and animal performance. Additionally, increasing consumer awareness regarding the need for balanced nutrition and protein intake further stimulates the demand for L-lysine in dietary supplements.
 

L-lysine Price Chart

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During the third quarter, the L-lysine prices suffered from the exponential rise in the level of inventories as the production rates exceeded the demand from the downstream industries across the globe. The dimmed consumer sentiments during this phase of the year were a consequence of significant avalanches in the economic recovery of Asian and European countries along with North America. However, a wave of transition in the market was observed during the end months of the last quarter.

The onset of winter holidays slowed the production activities, and on account of the festive season in Asian countries, the demand for L-lysine grew, although slowly. This helped in achieving a market equilibrium and stabilizing the L-lysine price trend.

Analyst Insight

According to Procurement Resource, the price of L-lysine is expected to showcase a slight reduction as the oscillations in the downstream markets hint towards limited rates of procurement of the commodity.
 

L-Lysine Price Trend for the First Half of 2023

L-lysine is one of the essential amino acids that is produced inside our body, so commercial production requires fermentation with L-Lysine-producing bacteria. So, the prices primarily depend on the source fermentation materials like starch, sugar molasses, etc., and on the downstream demands from the pharma and cigarette manufacturing sectors.

In the first half of 2023, the L-Lysine prices experienced mixed price patterns throughout. The market started slowly in Asia but soon picked up in the middle of Q1 and had a moderate run after that, whereas the European L-Lysine market was mostly stable during the whole time with good supply–demand dynamics. In the American region, however, the market was observed to be mostly weak, with some exceptions.

Analyst Insight

According to Procurement Resource, because of uncertainties in the varied factors controlling the L-Lysine market, the prices are likely to fluctuate in the upcoming months as well.

Procurement Resource provides latest prices of L-Lysine. 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.