Sodium Perborate Price Trend and Forecast

Regional Price Overview

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

Sodium Perborate Price Trend for First Half of 2023

Asia

The market trend of sodium perborate gradually declined in the first quarter as the construction sector struggled to maintain its pace and thus negatively influenced the demand for sodium perborate. In the month of April, the prices increased with the push from the boric acid and tight supply of the product.

Sodium Perborate Price Chart

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But soon, the performance of cosmetics, agriculture, and detergent industries subdued, and the prices of sodium perborate again took a bearish turn. The number of inquiries not only declined in the domestic markets but also from overseas buyers in the first two quarters of 2023, and thus, the price trend of sodium perborate declined.

Europe

The European countries enjoyed a stable demand for sodium perborate from the downstream industries, which helped in the surge in the price trend of sodium perborate. The market momentum also improved on account of the malfunctioning of the supply chains and the decline in the level of inventories in the first quarter.

The second quarter, on the other hand, suffered from the feeble movement of downstream sectors and an excess of imports, which increased the competitiveness in the region. However, during the end phase of this quarter, the rise in demand for personal care products positively influenced the price trend of sodium perborate.

North America

In the initial phase of the first quarter of 2023, the prices of sodium perborate faced a declining trajectory, but they soon stabilized with the revival of the construction and detergent sectors. In this quarter, the supply and demand of sodium perborate were able to maintain a stable equilibrium, which also helped the price trend of sodium perborate.

The second quarter, on the other hand, struggled, and the prices of sodium perborate fell by almost a double-digit percentage. The major cause of this downfall in the prices was the excess availability of sodium perborate and the weak economic conditions of the region.

Analyst Insight

According to Procurement Resource, the price trend of Sodium perborate is estimated to tremble in the upcoming months. The high rates of production and falling trend of demand are expected to adversely affect the sodium perborate market.

Procurement Resource provides latest prices of Sodium Perborate. 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.