Vitamin E Price Trend and Forecast

Vitamin E Regional Price Overview

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

Vitamin E Price Trend for the Q3 of 2024

Asia

In the Asian market, the prices of vitamin E showed a surge in prices in Q3'24. The domestic demand for the commodity remained moderate in all the sectors, but the export market offered increased demand, especially from European consumers. Supply disruptions in European markets aided Chinese manufacturers.
 

Vitamin E Price Chart

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Major producers in China, such as NHU and Zhejiang Medicine, recorded a rise in sales queries and number of orders. Domestically, however, both Indian and Chinese markets operated at regular levels. Not much regional variation was seen in the prices.

Europe

Vitamin E price graph showed some incline in the European markets during the said time period. Quarter began on a slightly stable note as the upstream and downstream dynamics were still balanced in the early days. However, an explosion event at the BASF's factory in Ludwigshafen, Germany, occurred on July 29, which forced the company to shut down the plant for safety reasons.

Company declared Force Majeure and estimated that it will not resume production until January 2025. These supply disruptions temporary instability in the European Vitamin E market. The uncertainty led the market players to search for alternatives. Some sectors, like the pharmaceuticals and animal feed market, felt the impact as the vitamin E prices reached their highest levels in nearly five years. Overall, an elevated price trajectory was witnessed for Vitamin E during the concerned time span.

North America

Vitamin E prices continued their consolidated trend from the previous quarter in the third quarter of the year as well. The prices kept wavering amid the uncertainty in the global markets. The European imports faced little hurdles as the supply chain challenges were still rampant, However, Asian traders saw some improvement in their presence in the American Vitamin E market.

Analyst Insight

According to Procurement Resource, not much change is anticipated in the Vitamin E markets going forward as well. Some supply disruptions are evident albeit the global outlook still seeks consolidation.
 

Vitamin E Price Trend for the Q2 of 2024

Asia

With humble demands and sufficient supplies, the upstream factors primarily drove the Vitamin E prices in the Asian markets. Limited demands restricted the desirable growth, so suppliers acquired a wait-and-watch approach for vitamin E markets. In China, suppliers limited production to influence the prices by controlling supplies. Several plants went under maintenance, which further supported the pricing dynamic.

Even though the demand spectrum was active, the actual trade transactions were very limited, especially from the offshore markets. Price quotations saw some improvement in the month of May because of several factors. At first, the peak summer season kicked the end user demands, and on the other hand, the suppliers’ efforts of controlling the market from the supply side were also paying off. However, despite this, the market had very limited room for growth.

Europe

The European vitamin E markets remained largely confined during the second quarter of the year 2024. A tepid turn in feedstock sugar and corn costs pushed the overall production costs down, which took away some cost support from the Vitamin E markets in Europe. However, the downstream demands were mostly favorable. These factors exerted both upward and downward forces on the Vitamin E price curve and, thereby, kept the prices tugged between close ranges for the most part. Overall, a stable price trajectory was witnessed in Q2’24.

North America

Reflecting the global trend, vitamin E prices in the American market were also stable for a large part. Existing demands were insufficient to guide the prices uphill yet kept the overall pricing equation balanced. With some minor occasional fluctuations, the vitamin E markets were mostly depending on supplies for cost support. Overall, Vitamin E prices maintained stable operations throughout the concerned span.

Analyst Insight

According to Procurement Resource, the Vitamin E market is expected to continue with similar steadiness in the near future; market projections appear stable.
 

Vitamin E Price Trend for the Q1 of 2024

Asia

The vitamin E market in Asia observed a positive price trail for the majority period of Q1’24. Disruptions in the global supply chain, including transportation and logistics, have led to shortages of raw materials and finished products, reducing supply.

Concurrently, there is an uptick in demand for vitamin E supplements, primarily driven by seasonal factors, shifting consumer preferences, and heightened awareness of health and immunity, especially in the post-COVID times. Another major factor has also been the uptick in energy and processing rates in the region. The Indian market experienced similar fluctuations. Especially with health and immunity awareness on the rise, the nutraceutical sector observed growth during this time period.

Europe

The European vitamin E market also experienced swift inclines during the said quarter of 2024. The price patterns were largely fluctuating but were mostly tilted upwards. Despite the economic uncertainties and the complicated supply chains, health was one sector in which people didn’t mind spending money.

In the region, other than the general upward customer sentiment, the rise in the costs of feedstock sugar sources also helped push the price graph up. Since the beginning of the Russia and Ukraine conflict, the agricultural acreage and output have considerably tumbled in the region as these were two major producing countries. Because of all these factors a positively driven price trend was witnessed for vitamin E in the European markets.

North America

The American vitamin E market was no different than its Asian and European counterparts. The prices experienced a mild yet consistent uptick during the given period. The supply and logistic challenges that the global markets were facing during the said period became pretty evident as the days progressed. The shipping charges surged drastically within the current quarter. Thus, the vitamin E prices also followed the rising suit in the American consumer markets.

Analyst Insight

According to Procurement Resource, given the current supply and demand dynamics of Vitamin E, the future projections look positive and hopeful for the global markets.
 

Vitamin E Price Trend for October - December of 2023

Stay updated with the latest Vitamin E prices, historical data, and tailored regional analysis
 

Asia

The overall market for Vitamin E price trend remained rangebound in the Asian market in Q4'2023. The quarter was marked by significant fluctuation, with prices dipping after a slight hike. The major destocking and sales pressure has caused the vitamin E market to face downward pressure. The net movement in the Asian market is constricted and contracted. The anticipation of the next few months is expected to show gradual changes.

Europe

The European region, too, faced a minimal movement price trend in the fourth quarter of 2023. With sales anxiety and stressed market dynamics, the destocking activity increased throughout the quarter. The prices moved through a narrowed range and are not expected to show further optimism.

North America

North America's vitamin E price trend remained stable throughout the fourth quarter of 2023. The rapid destocking pressure amidst sales targets slowed the price sentiments to accelerate inventory depletion. The Q4 was largely contracted with no considerable changes. With a near-linear market, the vitamin C price remained rangebound throughout this period in North America.

Analyst Insight

According to Procurement Resource, global Vitamin E prices are expected to mirror the trend of 2023 in 2024. Analysts don’t expect to see any staggering changes in the otherwise lazy Vitamin E outlook.
 

Vitamin E Price Trend for the July - September of 2023

Asia

The Vitamin E market trend struggled with dull demands throughout the given period of the third quarter of the year 2023. The Vitamin E market also experienced a substantial surge after the COVID-19 pandemic because of its immunogenic properties. The skin benefits of Vitamin E also gained a lot of industrial attention in the past couple of years.

Looking at the size of the beauty market, the suppliers ordered Vitamin E stocks in bulk quantities. But as the months progressed, the downstream Vitamin E demands almost became stagnant and didn’t grow much after a point. This gradually widened the gap between the supply and demand dynamics of Vitamin E and resulted in an underwhelmed market performance during the said period. Hence, because of the slumping demands and excess inventories, Vitamin E prices registered falling numbers at the price index throughout the said period.

Europe

The European Vitamin E market almost mimicked the falling trend of the Asian market during the given duration of Q3’23. The striking difference between the supply and demand dynamic kept pushing the Vitamin E prices down. Since the market demands from the food, pharma, and personal care industries were borderline stagnant, the price trend could not incline throughout Q3’23.

North America

The North American price trend for Vitamin E were in total conflict with the global trend during the discussed period. Owing to the high inflation and substantial demand in the region, the price trend picked up slightly during the third quarter. Overall, positive market sentiments were observed.

Analyst Insight

According to Procurement Resource, the Vitamin E price trend are likely to vary within confined limits in the coming months.
 

Vitamin E Price Trend for the First Half of 2023

Asia

Vitamin E, also known as alpha-tocopherol, is a liposoluble vitamin that prevents cellular oxidation and, thus, is a strong antioxidant. This antioxidant property is also used for various cosmetic purposes, as Vitamin E is known to protect the skin barrier as well. Various oils like sunflower and safflower naturally contain Vitamin E in them, and this is extracted through steam distillation processes for commercial production.

As the manufacturing industries were trying to revive in the post-lockdown Chinese market, the first quarter was rather positive for Vitamin E. With a steady growth in demands from food, cosmetics, personal care, pharma, nutraceuticals, etc., sectors, the price trend showed marginal improvements in the first three months.

However, with consistent production, the inventories started filling up soon. The downstream demands didn’t grow with the same momentum, and the gap between supply and demand dynamics widened.

This led to a gradual fall in Vitamin E prices in the second quarter. Even though the fluctuations were short ranged, the market shifted momentum.

Europe

Following the Asian market trend, the European Vitamin E market started on a positive note in the first quarter, while the market trend reversed in the second quarter. These variations in price patterns were primarily attributed to the import dependence of European pharma sectors and also the lack of upstream cost support.

North America

Replicating the global trend, the American market experienced mixed price trend for Vitamin E. A positive outlook in the first three months was owed to favorable demands from consuming sectors, while oversupplied inventory stocks facilitated the downfall in the second quarter.

Analyst Insight

According to Procurement Resource, given the current inventory situation, the Vitamin E price trend are likely to continue similar wavering patterns in the coming months.

Procurement Resource provides latest prices of Vitamin E. 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.