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).

Vitamin E Price Trend for October-December of 2023

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.

Vitamin E Price Chart

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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.