Product
Vitamin E Price Trend and Forecast
Vitamin E Price Trend and Forecast
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).
During the fourth quarter of 2021, vitamin E prices increased significantly in the Asia Pacific region. Vitamin E price for FOB Illinois increased from 13932 USD/MT to 16712 USD/MT in China from October to December, owing to strong demand from the downstream sectors. Several manufacturers stopped providing bids to spot buyers in Q4 in November, causing market sentiment to rise.
During the fourth quarter, tightening supply and rising raw material costs had a significant impact on the overall supply forecast. Furthermore, the dual control's impact on energy consumption increased upstream quotations in the Chinese domestic market, which later rose in the third week of December. In the same month, Vitamin E prices in the Indian domestic market's CFR JNPT and EX-Mumbai were estimated to be 10509.79 USD/MT and 11309.67 USD/MT, respectively.
The vitamin market in Asia Pacific countries is rapidly changing, with consumers becoming more aware of the health benefits of various vitamin types. China is the largest producer of vitamin E in the Asia Pacific region, and the country's domestic market has grown in recent years, thanks to the country's booming pharmaceutical and dietary supplement industries.
Furthermore, despite increased awareness of the relevance of various vitamins in nations such as India, just 9% of Indian customers are aware of the health advantages of Vitamin E. While most people use Vitamin E to treat common diseases, the actual potential of Vitamin E is still underappreciated on a wide scale.
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.
About
Vitamin E is basically a group of 8 fat-soluble compounds, which includes 4 tocopherols and 4 tocotrienols. Vitamin E is known as a fat-soluble antioxidant protecting cell membranes from reactive oxygen species. It has little odour or taste and is insoluble in water. It is found in a wide variety of plants, especially green vegetables, grains, and oils including safflower and sunflower. It is rich in antioxidants, and thus, is utilised for several applications.
Product Details
| Report Features | Details |
| Product Name | Vitamin E |
| Chemical Formula | C29H50O2 |
| Industrial Uses | Food, Cosmetics, Personal care products, Vegetable oils and shortenings, Dietary supplements, Medications |
| Molecular Weight | 430.7 g/mol |
| Supplier Database | Penta Manufacturing Company, Charkit Chemical Company LLC, Acros Organics, DSM Nutritional Products AG |
| Synonyms | alpha-Tocopherol |
| 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.
Production Processes
- Production of Vitamin E via Plant Oils and Fats; via Vacuum Steam Distillation of Edible Vegetable Oil Products; and via Condensation of 2,3,6-Trimethylhydroquinone With Phytol
The most significant natural sources of vitamin E are plant oils and fats. The deodorisation of edible oils yields as a byproduct deodoriser sludges that contain tocopherol (Vitamin E) concentrations (3-15%). Several methods are available for the purification of tocopherols.
The fatty acids can be extracted and separated via distillation, preferably after esterification. After the elimination of the free fatty acids, the tocopherols can be concentrated by adsorption on basic ion exchangers.
Methodology
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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