Threonine Price Trend and Forecast
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 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.
Procurement Resource provides latest prices of Threonine. 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.
Threonine is known to be a crucial amino acid in humans. It is found to be in ample amounts in human plasma, specifically in new-borns. Severe deficiency of threonine can cause neurological dysfunction and lameness in experimental animals. Threonine is an immunostimulant that promotes the growth of the thymus gland. It can perhaps encourage immune cell defense function. Foods high in threonine include cottage cheese, lentils, poultry, fish, meat, black turtle bean and sesame seeds.
Report Features | Details |
Product Name | Threonine |
Chemical Formula | C4H9NO3 |
Industrial Uses | Pharmaceutical Drugs |
HS Code | 29224100 |
Molecular Weight | 119.12 g/mol |
Synonyms | 2-Amino-3-hydroxybutanoic acid, L-threonine |
Supplier Database | Acros Organics, Charkit Chemical Company LLC, Penta Manufacturing Company |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The microbial strains employed in the production process of Threonine were genetically manipulated. Theses strains include Serratia marcescens, C. glutamicum and E. coli. Escherichia coli is most widely utilised in the production of Threonine due to their dynamic growth pattern and better substrate utilisation.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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