Lilial Price Trend and Forecast

Lilial Regional Price Overview

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

Lilial Price Trend for Second Half of 2023

Lilial is a key ingredient in perfumes, cosmetics, and personal care products as it has a delicate floral scent. Its stability and compatibility with other ingredients make it a preferred choice for fragrance formulations. Additionally, the stability of the market stems from its ability to enhance the properties of other products that are used in combination with it, resonating with consumer preferences for distinctive and long-lasting fragrances in a wide range of products.
 

Lilial Price Chart

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China demonstrated a favorable trend in the fragrance and flavor sector, which was also well translated in the price trajectory of lilial during the third and fourth quarters of 2023. This spike in the market was based on the support from the consumers and a rise in awareness of cosmetic products in Asian countries. However, around the rest of the world, the downstream industries fumbled due to constrained consumer spending and a rise in inflationary pressure. Further, along with the muted demand, the traders also suffered from the loss of export shipments due to the re-routing of the Red Sea route and drought-like conditions in the Panama Canal.

Analyst Insight

According to Procurement Resource, the price of Lilial is expected to depict fluctuating sentiments as the downstream industries are estimated to remain uncertain throughout the next quarter.

Procurement Resource provides latest prices of Lilial. 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.