Trichloroacetic Acid Price Trend and Forecast

Trichloroacetic Acid Regional Price Overview

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

Trichloroacetic Acid Price Trend for Q1 of 2025

Asia

In Q1’25, trichloroacetic acid prices in Asia showed a downward trajectory, particularly in China which dominates regional production. The market faced significant pressure from oversupply conditions, with high production capacity utilization across manufacturing facilities. Chinese domestic producers maintained elevated output levels despite weakening demand signals, contributing to inventory buildup.
 

Trichloroacetic Acid Price Chart

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Export volumes from China increased noticeably as producers sought to alleviate domestic oversupply, with competitive pricing strategies employed to maintain market share. The Lunar New Year period brought temporary disruptions but failed to meaningfully reduce supply pressure. Fluctuations in upstream methanol and chlorine feedstock costs provided some price volatility, with methanol's temporary strengthening in early January briefly supporting prices before resumed decline as feedstock costs weakened later in the quarter.

Europe

European trichloroacetic acid markets experienced more stability compared to Asia during Q1, though prices trended moderately lower. The region remained a net importer, with increased pressure from competitively priced Asian imports affecting domestic producer margins. Manufacturing activity showed sluggish recovery following the winter holiday period, with downstream demand from herbicide and pharmaceutical sectors remaining subdued.

Western European producers operated at reduced capacity rates to maintain market balance, while Eastern European markets saw greater price volatility due to logistical challenges and inconsistent demand patterns. By quarter's end, prices had settled at lower levels compared to Q4’24, though the decline was less severe than in Asian markets.

North America

North American trichloroacetic acid markets demonstrated the greatest resilience among major regions during Q1’25. Prices initially held steady in January before experiencing modest decline through February and March. Regional production remained disciplined, with manufacturers adjusting output to match demand rather than building excess inventory. Downstream sectors, particularly agricultural applications, showed early seasonal purchasing activity by late quarter, providing some demand support.

Import competition pressured domestic producers, though less severely than in Europe due to logistical advantages. Transportation constraints and weather disruptions in certain production regions temporarily tightened supply in specific markets, creating regional price disparities that gradually normalized by quarter's end.

Analyst Insight

According to Procurement Resource, the Trichloroacetic Acid market is expected to face continued pressure from global oversupply conditions through mid-2025. Recovery will likely depend on improved downstream demand as agricultural seasons progress and potential production adjustments from major manufacturers, particularly in Asia.
 

Trichloroacetic Acid Price Trend for the Year 2024

North America

Throughout 2024, Trichloroacetic Acid (TCA) prices in North America showed a declining trend with notable fluctuations. In Q1, prices initially strengthened due to supply tightness and increased production costs from rising feedstock prices. By Q2, the market witnessed a significant downturn as supply improved while demand from pharmaceuticals and agrochemicals remained subdued.

The summer months saw prices stabilize briefly before declining further in Q3, influenced by weakened industrial activity and lower raw material costs for key precursors. The fourth quarter continued this downward trajectory with prices falling consistently through December, supported by ample supply despite limited downstream demand, particularly from the fertilizer sector.

Asia

The Asian TCA market experienced mixed trends in 2024, with China being the primary influencer. The year began with price strengthening ahead of the Lunar New Year as manufacturers replenished inventories. However, by Q2, prices declined substantially due to oversupply conditions and weak downstream demand. Mid-year brought some stabilization as production capacities were reduced in major manufacturing hubs like Shandong, helping balance supply-demand dynamics. The third quarter saw modest price recovery driven by improved export activity and stabilized domestic consumption. By Q4, though prices declined overall, the rate of decrease slowed considerably, with the market finding support from moderate demand stabilization and reduced production capacity.

Europe

European TCA prices followed a predominantly bearish trend throughout 2024. The first quarter saw an upward movement driven by escalating energy costs and feedstock prices, particularly acetic acid. However, by Q2, prices began declining significantly due to weakening demand from key sectors and ample inventory levels. Summer brought further downward pressure as seasonal agricultural activity decreased, reducing demand from the pesticide sector. The fourth quarter continued this negative trend, with German markets particularly affected as prices declined due to weak pesticide sector demand, lower feedstock costs, and high inventory levels despite rising methanol prices.

Analyst Insight

According to Procurement Resource, the TCA prices will likely exhibit cautious optimism in the coming months as downstream capacity expansions are expected to drive demand recovery, particularly in Asia.
 

Trichloroacetic Acid Price Trend for the Second Half of 2023

Asia

The trichloroacetic acid price trend was based on the limited movement in the feedstock prices and subdued interest of the consumers during the third and majority of the fourth quarter of 2023. The inquiries from the downstream industries declined because of the weak position of the global economy and the meek interest of the overseas players in the Asian markets.

Another cause of this feeble dynamics of the market was the loss of export volumes due to the re-routing of the Red Sea route on account of the Israel-Hamas crisis. There was a slight relief in the market trend during the initial phase of the fourth quarter as the market noticed the scarcity of raw materials, but as the year approached its end, the dynamics changed to the negative side, and the prices of trichloroacetic acid declined.

Europe

The declining pace of prices of trichloroacetic acid was mild in the third quarter but swift in the fourth quarter of 2023. The depreciating cost of raw materials and consistently falling demand for trichloroacetic acid resulted in poor growth dynamics. Additionally, the rate of procurement of downstream products belonging to the category of agrochemical and surfactants also remained meek throughout the H2 of 2023, exerting a negative influence on the trichloroacetic acid price trend.

North America

The support from the feedstock industries remained tepid during the third quarter of 2023, which led to fluctuations in the prices of trichloroacetic acid. The enthusiasm and number of queries from the downstream were almost negligible and thus cannot assert any positive influence on the trichloroacetic acid market dynamics. These oscillations resulted in the decline in the prices of trichloroacetic acid in the final quarter of 2023 as the economic downfall of the region accelerated the pace of the downward movement of the trichloroacetic acid price trend.

Analyst Insight

According to Procurement Resource, the price trend of Trichloroacetic Acid is expected to be driven by the uncertain demand from the downstream industries and the slow-paced recovery of the global economy.
 

Trichloroacetic Acid Price Trend for the First Half of 2023

Asia

Trichloroacetic Acid price trend closely mimic any fluctuations in feedstock acetic acid and chlorine prices. A very mixed price trend was observed for Trichloroacetic Acid during the said period as downstream chemical and cosmetic industries drove the market fundamentals. With stable supplies and sufficiently available inventories, the market had a good run at the beginning of 2023.

Prices grew with a positive inclination in the first quarter. But as the quarter shifted, excess supplies started piling up since the market demands started dipping. So, the market momentum shifted southward, with market sentiments turning dull. Overall, fluctuating market trend were observed.

Europe

In the European Trichloroacetic Acid market, oscillating price trend were observed throughout the discussed period. Surging acetic acid prices provided considerable cost support initially, but heavy inventory stocks coupled with dull demands started dominating the Trichloroacetic Acid market trend soon. So, low swinging price trend were observed as the market felt tugged. Overall, the Trichloroacetic Acid managed to stay afloat during both the quarters.

North America

The North American market lacked cost support as the trend began on a low note in January’23. The market didn’t get any chance to pick up throughout the said period as the prices remained on a downhill trajectory. The eased imports and freight prices, already existing inventories amid feeble demands caused the Trichloroacetic Acid market to exhibit bearish sentiments.

Analyst Insight

According to Procurement Resource, the Trichloroacetic Acid price trend are expected to continue to fluctuate since both feedstock costs and downstream demands are currently feeble and volatile.

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