Ascorbic Acid Price Trend

Ascorbic Acid Price Trend, Index and Forecast

Track the latest insights on ascorbic acid price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Ascorbic Acid Prices Outlook Q1 2025

• USA: US$ 3728/MT
• China: US$ 2694/ MT
• Germany: US$ 3250/MT
• Europe: US$ 3450/MT
• LATAM: US$ 3655/ MT

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During the first quarter of 2025, the ascorbic acid prices in the USA reached 3728 USD/MT in March. In early January, demand for ascorbic acid from the pharmaceutical and nutraceutical sectors experienced a noticeable uptick. Besides, high inventories and cautious procurement strategies also exerted pressure on prices. 

During the first quarter of 2025, the ascorbic acid prices in China reached 2694 USD/MT in March. As per the ascorbic acid price chart, due to the Chinese New Year, many production units reduced output or temporarily shut down, causing price fluctuations. Besides, labor shortages, early factory closures, and supply disruptions contributed to a tightening of supply in the short term.

During the first quarter of 2025, the ascorbic acid prices in Germany reached 3250 USD/MT in March. Some smaller suppliers in Germany faced price adjustments due to the enforcement of updated EU regulations on purity and traceability for food-grade and pharma-grade ascorbic acid. This created a slight divergence between technical-grade and pharma-grade pricing.

During the first quarter of 2025, the ascorbic acid prices in Europe reached 3450 USD/MT in March. Prices saw a mild fluctuation in early January as pharmaceutical and nutraceutical companies replenished inventories after year-end slowdowns. Besides, the winter season typically boosted the demand for immunity-supporting ingredients, adding further pressure on short-term supply.

During the first quarter of 2025, the ascorbic acid prices in LATAM reached 3655 USD/MT in March. China, being the primary global supplier of ascorbic acid, maintained firm export prices during this period. Latin American importers, heavily reliant on Chinese supply, mirrored these price trends, affecting local market prices.

Ascorbic Acid Prices Q4 2024

• USA: US$ 3637/MT
• China: US$ 2542/ MT

During the last quarter of 2024, the ascorbic acid prices in the USA reached 3637 USD/MT in December. As per the ascorbic acid price chart, sustained demand from downstream food and beverage, pharmaceutical, and nutraceutical industries supported higher prices throughout the quarter. Moreover, port infrastructure improvements and reduced logistics constraints also contributed to the price appreciation.

During the last quarter of 2024, the ascorbic acid prices in China reached 2542 USD/MT in December. The market saw a significant price increase as producers changed their tactics in response to Golden Week disruptions. Pricing decisions were influenced by rising freight charges and strong demand from international buyers. Supply networks were dynamic due to proactive replenishment prompted by low inventory levels. By December, pricing momentum had been maintained by production ramp-ups and strategic inventory management, which strengthened the market's ability to adjust to shifting demand.

Ascorbic Acid Prices Q4 2023

• USA: US$ 3572/MT
• China: US$ 2418/ MT

The price of ascorbic acid in the United States for Q4 2023 reached 3572 USD/MT in December. On the other hand, in China, ascorbic acid prices reached 2418 USD/MT in the fourth quarter of 2023.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the ascorbic acid price trend.

Global Ascorbic Acid Price Trend

The report offers a holistic view of the global ascorbic acid pricing trends in the form of ascorbic acid price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of ascorbic acid, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed ascorbic acid demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Ascorbic Acid Price Trend

Q1 2025:

As per the ascorbic acid price index, following the holiday season, pharmaceutical and nutraceutical companies increased their procurement of ascorbic acid to restock inventories, leading to temporary changes in demand and prices. Besides, ongoing logistical issues, including shipping delays and increased freight costs, impacted the timely delivery of ascorbic acid to European markets, causing price volatility.

Q4 2024:

As seen in the ascorbic acid price index, due to favorable market conditions, ongoing demand, and shipping delays from Asian sources, the cost of importing ascorbic acid into Germany increased steadily in Q4 2024. Purchase pressure improved by December, as European consumers sought more inventory in anticipation of possible supply chain interruptions. Moreover, as purchasers fought for scarce goods, rising procurement costs resulted in price increases.

This analysis can be extended to include detailed ascorbic acid price information for a comprehensive list of countries.

North America Ascorbic Acid Price Trend

Q1 2025:

In the U.S., major pharmaceutical firms took strategic actions to balance supply and demand. Besides, easing freight costs and increased global competition led U.S. buyers to adjust their procurement strategies. Moreover, cautious purchasing behavior, influenced by tariff uncertainties, further impacted demand from key downstream sectors.

Q4 2024:

Strong demand in the food, pharmaceutical, and nutraceutical industries contributed significantly to the constant increase in prices in North America. Price inflation was further backed by enhanced port operations and robust logistical networks, which enabled more seamless trade flows. Market participants maintained high container volumes, and the rising trend was further bolstered by deliberate price changes made by local suppliers. As December went on, stronger export rates were a result of increased buying, especially prior to the holidays.

Specific data on ascorbic acid prices within the United States and Canada can also be provided.

Middle East and Africa Ascorbic Acid Price Trend

Q1 2025:

The report explores the ascorbic acid trends and ascorbic acid price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on ascorbic acid prices for countries can also be provided.

Asia Pacific Ascorbic Acid Price Trend

Q1 2025:

Chinese manufacturers, major producers of ascorbic acid, adjusted their supply chain strategies, affecting production and export levels. These changes contributed to price fluctuations in the region. Besides, changing prices of raw materials used in ascorbic acid production impacted manufacturing costs, thereby influencing market prices. Moreover, fluctuations in the prices of raw materials used in ascorbic acid production further impacted manufacturing costs, thereby influencing market prices.

Q4 2024:

In Q4 2024, China's vitamin C market underwent substantial changes due to shifting supply chain tactics and variations in demand. After slowing market activity for a while, the Golden Week holiday led to vigorous restocking attempts, which forced suppliers to adjust their price plans. Demand from around the world, especially from Western countries, supported price changes as producers adjusted to lower stock levels and more affordable transportation. Proactive production planning and inventory growth by December created the conditions for long-term price stability. The region demonstrated a dynamic market structure that balanced supply limits with growing demand, with both domestic and export markets maintaining stable procurement rates.

This analysis can be further extended to include detailed ascorbic acid prices for a comprehensive list of countries within the region.

Latin America Ascorbic Acid Price Trend

Q1 2025:

As per the ascorbic acid price index, supply chain disruptions and logistical challenges contributed to price volatility. Infrastructure challenges in Latin America also impacted the supply chain, affecting the region's ability to meet demand consistently. Moreover, political instability and inconsistent regulatory frameworks further caused price changes.

Q4 2024:

Latin America's ascorbic acid market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in ascorbic acid prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the ascorbic acid price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing ascorbic acid pricing trends in this region.

This comprehensive review can be extended to include specific countries within the region.

Ascorbic Acid Price Trend, Market Analysis, and News

IMARC's latest publication, “Ascorbic Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the ascorbic acid market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of ascorbic acid at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed ascorbic acid price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting ascorbic acid pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Ascorbic Acid Industry Analysis

The global ascorbic acid market size reached 464.8 Thousand Tons in 2024. By 2033, IMARC Group expects the market to reach 696.7 Thousand Tons, at a projected CAGR of 4.37% during 2025-2033.

• Ascorbic acid is widely utilized as a preservative and antioxidant in the food and beverage industries. It helps to extend the shelf life of items by avoiding oxidation, which reduces food quality. The global expansion of the food and beverage industry, driven by rising consumer demand for processed and packaged foods, has increased the requirement for ascorbic acid. The global packaged food market reached $2,441.3 Billion by 2023. Looking ahead, IMARC Group predicts the market to reach $4,581.6 Billion by 2032, with a 7% compound annual growth rate (CAGR) from 2024 to 2032.Furthermore, there is a growing demand for clean label products, with ascorbic acid being preferred due to its natural vitamin profile and lack of synthetic ingredients. According to a survey conducted by the Center for Food Integrity, 75% of respondents recognize nutrition and ingredient labels on their food; 53 % believe that "clean label" products are healthier. Notably, 46% of Americans believe that the availability of basic food ingredients directly influences their purchase preferences, and they are willing to pay more for these items. As a result, the market size of "clean label" ingredients food is set to rise significantly; it is expected to reach roughly USD 47.5 Billion by 2023, with a CAGR of 6.8% throughout the forecast period.
• Ascorbic acid is also a common cosmetic ingredient, notably in skincare, where it is prized for its antioxidant effects and ability to increase collagen formation, protect against sun damage, and brighten skin tone. The growing preference for anti-aging products and natural beauty treatments has led to the incorporation of vitamin C in a variety of formulas, including serums, moisturizers, and sunscreens. Looking ahead, IMARC Group estimates the market to reach US$ 120.4 billion by 2032, with a compound annual growth rate (CAGR) of 5.8% from 2024 to 2032. Besides, as the global cosmetics market grows, particularly in emerging nations, demand for ascorbic acid is likely to rise accordingly.
• Ascorbic acid manufacturing on a wide scale has become more efficient and cost-effective due to technological developments in synthesis and production. These enhancements meet the increasing demand, and also provide a consistent supply of high-quality ascorbic acid to numerous sectors. Innovations in fermentation technology, for example, have enabled the long-term manufacture of ascorbic acid from other substrates, reducing reliance on traditional raw materials such as corn or wheat starch.

Ascorbic Acid News

The report covers the latest developments, updates, and trends impacting the global ascorbic acid industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in ascorbic acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the ascorbic acid price trend.

Latest developments in the ascorbic acid industry:

• In March 2024, DSM-Firmenich announced the successful sale and transfer of its 100% equity interest in DSM Jiangshan Pharmaceutical Co., Ltd. to Jingjiang Cosfocus Health Technology Co., Ltd. The company announced on June 28, 2023 that it was exploring a range of options for the Jiangshan Vitamin C (ascorbic acid) plant in Jinjiang, China.

Product Description

Ascorbic acid, also known as vitamin C, is a water-soluble vitamin that is found naturally in some foods, added to others, and sold as a dietary supplement. It is a potent antioxidant that protects cells from the damage caused by free radicals, which are chemicals produced when our bodies transform food into energy. People are also exposed to free radicals in their environment through cigarette smoke, air pollution, and UV light from the sun. Ascorbic acid is essential for several body activities, including the formation of collagen, L-carnitine, and some neurotransmitters. It also plays a role in protein metabolism, which is necessary for wound healing and the maintenance of cartilage, bones, and teeth.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of ascorbic acid pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting ascorbic acid price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The ascorbic acid price charts ensure our clients remain at the forefront of the industry.