Threonine Price Trend and Forecast

Threonine Regional Price Overview

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

Threonine Price Trend For the Q3 of 2024

Asia

The threonine market in Asia experienced a steady upward trend throughout Q3'24. Prices rose consistently, driven by increasing production costs and global supply chain disruptions. Key raw materials used in threonine production, such as corn and sugar, saw price hikes, putting pressure on manufacturers.
 

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The rising costs of energy and labor further contributed to the upward price movement. Chinese producers, a significant source of global threonine supply, faced challenges due to potential new tariffs on their products, leading to uncertainty in the export market and contributing to price volatility.

Europe

European threonine markets mirrored the global trend, with prices climbing throughout the quarter. The region saw increased demand from the livestock industry, particularly in the poultry sector, as feed manufacturers sought to optimize their formulations. The upward pressure on prices was exacerbated by rising costs of key inputs, including casein and milk, which are crucial for threonine production. Supply chain disruptions and transportation bottlenecks affected the availability of threonine, leading to potential shortages and further supporting the price increase. Importers in the region struggled to secure steady supplies, contributing to market tightness.

North America

The North American threonine market, particularly in the United States, saw a significant upward trajectory in Q3'24. Prices rose steadily, with a notable increase observed in September. The livestock industry remained a key driver of demand, with the expanding poultry and food sectors requiring more high-quality animal feed additives.

The upcoming holiday season and concerns over possible new tariffs on Chinese products led to a surge in import volumes, further pushing prices upward. The increasing costs of casein and milk, essential components in threonine production, added to the upward price pressure. Regional procurement also saw a persistent rise, contributing to the overall price increase.

Analyst Insight

According to Procurement Resource, the prices for threonine are expected to continue its upward trajectory in the coming months. The combination of strong demand from the animal feed industry and ongoing supply chain challenges will likely keep prices elevated.
 

Threonine Price Trend for the Q2 of 2024

Asia

In the Asia-Pacific region, particularly China, threonine prices were influenced by significant port activity and challenges. The major ports of the region experienced a notable increase in container volumes and cargo throughput. However, this growth came with considerable port congestion due to seasonal spikes, geopolitical disruptions, and container shortages.

These factors, coupled with scheduled plant shutdowns in the latter phase of the quarter, prompted the domestic and international buyers to procure inventories to avoid shortages, pushing prices upward. The firm container freight rates for shipments to Europe and America further contributed to the continuous price rise in the region. Despite a steady decline in corn prices, the overall production costs remain high due to these logistical challenges.

Europe

In Europe, the threonine market was impacted by high shipping costs from major producing nations such as Asian countries. The consistent demand in the animal feed sector and the tightening of supply chains further contributed to the upward price trend of threonine. Despite the potential easing of production costs due to declining corn prices, the high freight rates kept the prices of threonine in the green zone throughout the second quarter of 2024. Additionally, the geopolitical disruptions and container shortages in key ports, particularly in China, further elevated the supply chain challenges, leading to higher threonine prices in the European market.

North America

In Q2 2024, the threonine market in North America witnessed a sustained upward price trajectory. This rise in market sentiments was driven primarily by consistent demand in the animal feed industry and tightening supply chains. The food-grade threonine market itself also witnessed a rebound in inquiries, leading to a balanced supply-demand outlook.

Despite a potential decline in corn prices, a key raw material in threonine production, shipping costs remain elevated, reflected well in the pricing trajectory of threonine. Additionally, scheduled plant shutdowns in the Asia-Pacific region prompt US traders to secure inventories to prevent shortages, further driving prices. These high freight rates for shipments from major producing nations, such as China, are expected to keep Threonine prices on the rise.

Analyst Insight

According to Procurement Resource, the price of Threonine is estimated to showcase a gradual improvement in its pricing patterns throughout the next quarter as the procurement rates of the end-user industries are likely to surpass the supply of the commodity, widening the supply-demand gap of the market.
 

Threonine Price Trend for the Q1 of 2024

Asia

In the first month of the year 2024, the global threonine market saw a notable decline in prices, but the market rebounded in the later months of Q1, leading the price trend of threonine towards an upward trajectory. This upswing was fueled by increased manufacturing activities and fluctuations in raw material prices.

A number of leading producers ramped up manufacturing to meet rising demand, both domestically and internationally. However, heightened raw material prices and the Spring Festival shutdowns in major producing countries like China tightened supplies, further boosting the prices of threonine in the market. Additionally, port congestion and delayed shipments due to the holiday surge and the Red Sea crisis further complicated logistical activities, impacting the availability of upstream products in the region. As a result, these interconnected factors exerted upward pressure on the threonine market throughout the quarter.

Europe

The recent attacks by the Houthis in the Red Sea disrupted cargo flows, prompting freight routes to shift through South Africa instead of the Suez Canal. As a result, logistic costs have skyrocketed by 4 to 5 times compared to previous quarters in the European countries. The downstream demand, on the other hand, increased gradually and, with the fall in inventories, created a wide gap between the supply and demand sectors of the region.

The market also witnessed an unexpected surge in overseas orders as the holiday season in China and the slowing down of its industrial growth prompted traders to look for alternative options. However, the supply sector could not withstand this rising pressure of demand, and the traders had no way but to raise their price quotations of threonine in the first quarter of 2024.

North America

In the first quarter of 2024, the amino acids market in the United States witnessed a substantial price surge driven by multiple factors. These include increased demand dynamics, elevated raw material prices, and a favorable economic environment marked by currency appreciation and strategic restocking maneuvers by market players. Amino acids such as threonine are widely utilized as food additives and in animal feed formulations, contributing to their high demand in sectors like food and beverage and livestock.

Despite temporary economic slowdowns during Lunar New Year festivities, China swiftly resumed operations post-holiday, stimulating a surge in international inquiries for threonine. In the U.S., manufacturing activities also improved significantly, with production witnessing significant growth and new orders continuously increasing. However, input costs surged due to higher oil and raw material prices, along with increased transportation rates, leading to elevated inflation. The appreciation of the U.S. Dollar further impacted import prices for threonine.

Analyst Insight

According to Procurement Resource, the price trend of Threonine is expected to incline in the forthcoming quarters as the downstream demand and supply troubles will broaden the challenges of the trading community and likely the rise of the threonine price trend.
 

Threonine Price Trend for the October - December of 2023

Asia

The unprecedented downturn in the international demand for threonine and other amino acids from China halted the growth of export rates of the market. In the initial phase of the quarter, the market was adamant about retrieving its pre-covid rates, but the slowdown in the procurement rates and trade struggles with the US worked antagonistically for the threonine price trend.

Additionally, the animal nutrition sector called for restructuring of production rates of feed additives such as threonine, and tepid demand from the downstream food and pharma industries prevented the surge in the threonine price trend.

Europe

The Houthi attacks on the shipments of the Red Sea caused troubles for the entire trading system of the European countries. The threonine market also experienced several troubles as the supply of raw materials got delayed by almost 9-10 days, disrupting the production cycle. Additionally, the exports from the European countries declined, which further posed to be a challenge for the threonine price trend. Not only this, but the escalating tensions have also resulted in devastating effects on the region’s economic growth and a rise in the cost of energy production, hampering the growth of threonine prices.

North America

The US threonine market noted higher inquiries and balanced market availability of the amino acid, which led to the rise in the threonine price quotient in the last quarter of 2023. Even though the feed industry underwent a slump at first, it saw a significant revival in Q4 of 2023.

Demand for foods high in protein surged due to health-conscious customers, which also had a positive impact on the use of amino acids in cattle feed. Further, the onset of the holiday season in North America also worked in favor of threonine prices, and with a rise in the usage of threonine in food products, the threonine market overall incurred a positive fourth quarter.

Analyst Insight

According to Procurement Resource, the price trend of Threonine are estimated to trace an uncertain trajectory in the forthcoming quarters as the diversion of the Red Sea route and persistent economic challenges are expected to pause the northward movement of threonine price trend.
 

Threonine Price Trend for the July - September of 2023

Asia

The initial decline of threonine was fueled by lower rates of consumption and excess stockpiles of the product in the region. However, as the third quarter progressed, the situation dynamics started improving, and the threonine price trend moved towards stability. In the later months, the prices of threonine were driven by the balance between the supply and consumer demand and the high quoted price of exported goods.

Europe

The domestic market of Europe was presented with a lower number of inquiries for threonine during the first month of the third quarter. The consumers adopted a cautious purchasing approach and thus were hesitant to place orders in bulk. In view of this, the traders started offering their products at compromised prices. However, in the later months, with lowered price quotations, the consumers saw this as an opportunity to procure the orders in bulk. The rise in the threonine price graph was further aided by the expensive imports in the region and the frequent number of new orders.

North America

As opposed to what was observed in the Asian Pacific and European countries, the threonine price trend in North America depleted throughout the third quarter of 2023. The food industry, despite experiencing serious inflation, failed to raise the prices of threonine. Further, the existent mild demand from the end-user industries equalized the available stockpiles. Additionally, the fall in the US dollar as compared to Asian currencies also had an adverse effect on the threonine price trend.

Analyst Insight

According to Procurement Resource, the price trend of Threonine are expected to rise in the upcoming months as the strong demand from pharmaceutical sectors and improving the efficiency of the supply chains are estimated to influence the market positively.
 

Threonine Price Trend for the First Half of 2023

Asia

Threonine is produced by fermentation of microorganisms that are genetically mutated to secrete the amino acid Threonine. Threonine is a naturally occurring amino acid in the human body and is commercially produced to cater to the pharmaceutical industry. So, the Threonine price trend are primarily determined by the downstream demands and supply availability.

During the discussed time period, Threonine observed mixed price trend in the Asian markets, especially China. Q1 had a strong start with high demands from the consuming sectors. But soon, the demand subsided, and the inventories started rising, causing the price trend to turn south and swing low for the rest of the first quarter. The price trend fluctuated further in a similar manner in the second quarter as well.

Europe

In the European market, the price trend for Threonine were observed to be oscillating throughout. Since the cheap Asian supplies regained market access and the existing inventories were still supportive, the prices started tumbling. Some occasional rises in demands from pharma industries provided reverse fluctuations, but the overall market sentiments were swinging low.

North America

The North American Threonine market could not behave any differently than the Asian market. With steady downstream demands and good supply dynamics, the prices wavered on the lower end. Gradually stabilizing upstream prices also failed to provide much cost support. Overall, dull market sentiments were observed.

Analyst Insight

According to Procurement Resource, the price trend for Threonine are likely to remain fluctuating since the current supply-demand dynamics are not projecting much difference in the upcoming months.

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