Furfural Prices

Furfural Price Trend, Index and Forecast

Track the latest insights on furfural 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.

Furfural Prices Outlook Q1 2025

• USA: US$ 1638/MT
• Japan: US$ 1210/MT
• Germany: US$ 1991/MT
• Spain: US$ 1660/MT
• Brazil: US$ 1890/MT

Furfural ​Price Chart

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During the first quarter of 2025, the furfural prices in the USA reached 1638 USD/MT in March. As per the furfural price chart, prices in the US fluctuated due to a combination of factors, including tight supply, strong demand from various industries, and global market volatility.

During the first quarter of 2025, furfural prices in Japan reached 1210 USD/MT in March. Japan's increasing focus on sustainable chemicals boosted demand for bio-based products like furfuryl alcohol, which uses furfural as a key material. Besides, changes in raw material availability and production capacity affected supply dynamics and therefore prices. 

During the first quarter of 2025, the furfural prices in Germany reached 1991 USD/MT in March. EU environmental regulations and policies, particularly those focused on waste reduction and sustainable production, influenced furfural production costs and pricing strategies. 

During the first quarter of 2025, the furfural prices in Spain reached 1660 USD/MT in March. The price of raw materials like biomass and agricultural waste, used to produce furfural, impacted the final product price. Besides, varying availability of furfural also influenced pricing.

During the first quarter of 2025, the furfural prices in Brazil reached 1890 USD/MT in March. Furfural prices in Brazil were influenced by a combination of factors, including changes in raw material costs, supply-demand dynamics, geopolitical events, and industry-specific developments.

Furfural Prices Outlook Q4 2024

• USA: US$ 1580/MT
• China: US$ 1720/MT
• Germany: US$ 1950/MT

During the last quarter of 2024, the ​furfural prices in the USA reached 1580 USD/MT in December. As per the ​furfural price chart, global market fluctuations, raw material costs, and supply and demand dynamics all had an impact on the prices of furfural, a crucial organic molecule utilized in the manufacturing of resins, adhesives, and other chemicals. Besides, supply chain adjustments were one of the main causes of the shifts in furfural price trends. The pricing and availability of corncobs, the basic raw material for furfural, presented difficulties for the USA, a major manufacturer of the product.

During the last quarter of 2024, the ​furfural prices in China reached 1720 USD/MT in December. China's construction and manufacturing sectors, major consumers of furfural-based products, experienced fluctuations in demand due to economic shifts and changes in government policies. Besides, the cost of raw materials, particularly corn cobs and other agricultural waste, also played a crucial role in shaping furfural price trends in China.

During the last quarter of 2024, the ​furfural prices in Germany reached 1950 USD/MT in December. Germany's strong manufacturing capacities, particularly in the automotive and construction industries, experienced fluctuations in demand due to economic shifts and changes in government policies. An increase in industrial production and construction activities in certain regions led to higher demand for furfural-based products, contributing to price fluctuations.

Furfural Prices Outlook Q4 2023

• USA: US$ 1266/MT
• Germany: US$ 1496/MT

The price of furfural in the United States for Q4 2023 reached 1266 USD/MT in December. Similarly, the price trend for furfural in Germany reached 1496 USD/MT in December 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 furfural prices.

Global Furfural Price Trend

The report offers a holistic view of the global furfural pricing trends in the form of furfural 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 furfural, 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 furfural 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 ​Furfural Price Trend

Q1 2025:

As per the furfural price index, prices in Europe during Q1 2025 fluctuated due to several factors, including resin production activity, availability of raw furfural, and demand from various industries. Additionally, European Union environmental regulations and economic conditions influenced production costs and pricing strategies. 

Q4 2024:

As per the ​furfural price index, the European Union's (EU) environmental regulations and policies also impacted price changes. The EU's emphasis on reducing waste, increasing recycling, and promoting sustainable production practices led to changes in the way furfural is produced and used. Manufacturers had to adapt to these regulations, which impacted their production costs and pricing strategies. Another significant factor was the change in demand from various end-use industries. Europe's automotive, construction, and pharmaceutical industries, experienced fluctuations in demand due to economic shifts and changes in government policies.

Q4 2023:

European furfural prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

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

North America ​Furfural Price Trend

Q1 2025:

Demand from various industries, including foundry, adhesives, and pharmaceuticals, put pressure on furfural prices. Besides, the increasing demand from industries using furfural derivatives, such as resin and building materials sectors, also played a role in price fluctuations. Moreover, international trade dynamics, including shifts in global supply and demand balances, also impacted the North American market. 

Q4 2024:

The price of raw materials, especially biomass and agricultural waste, was a significant factor in determining the trends in furfural prices in North America. The availability and price of these basic resources were affected by changes in agricultural output brought on by farming methods and weather. Costs were further raised by the increased competition for these raw materials brought on by the rising demand for bio-based products and renewable energy sources. Besides, the market in North America was significantly impacted by the dynamics of international trade as well. The home market was impacted by shifts in the worldwide supply and demand balances, especially in the major producing nations.

Q4 2023:

The analysis of furfural prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

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

Middle East and Africa ​Furfural Price Trend

Q1 2025:

The report explores the furfural trends and furfural 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.

Q4 2024:

The report explores the ​furfural pricing trends and ​furfural 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 furfural prices for countries can also be provided.

Asia Pacific ​Furfural Price Trend

Q1 2025:

Trade disruptions and geopolitical uncertainties created instability in supply chains, leading to constrained supply and cautious purchasing behavior from buyers. These factors contributed to pressure on prices. Besides, the demand for furfural derivatives in industries like agriculture, food, and petrochemicals also impacted the prices.

Q4 2024:

The furfural market in Asia Pacific was significantly impacted by the dynamics of international trade. The regional market was impacted by shifts in the worldwide supply and demand balances, especially in the major producing nations. The competitiveness of Asia Pacific furfural producers was impacted by changes in global prices, tariffs, and trade regulations, which resulted in modifications to production levels and pricing tactics. Additionally, interest in furfural derivatives increased as a result of the growing need for bio-based substitutes and the creation of new, more effective production technologies.

Q4 2023:

The furfural pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

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

Latin America ​Furfural Price Trend

Q1 2025:

As per the furfural price index, prices in Latin America experienced changes primarily due to factors like raw material availability, industrial demand, and economic conditions. Limited supply of raw materials, combined with strong demand from industries, led to price fluctuations. Besides, economic variations, currency devaluation, and political instability also contributed to price volatility in the region. 

Q4 2024:

Latin America's ​furfural 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 ​furfural prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, ​the furfural price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing ​furfural pricing trends in this region.

Q4 2023:

The analysis of furfural prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

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

Furfural Price Trend, Market Analysis, and News

IMARC's latest publication, “Furfural Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the furfural market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of furfural at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed furfural prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting furfural 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.

Furfural Industry Analysis

The global furfural market size reached USD 676.25 Million in 2024. By 2033, IMARC Group expects the market to reach USD 1,123.3 Million, at a projected CAGR of 5.51% during 2033.

• The demand for furfuryl alcohol is driving the growth of the furfural market. Additionally, furfuryl alcohol is used to produce furan resins, which have extensive applications in various industries such as aerospace, automotive, and construction. Moreover, the increasing demand for furfuryl alcohol is primarily due to its excellent thermal stability, mechanical strength, and corrosion resistance.
• Additionally, the furfural market is witnessing a major shift toward renewable chemicals due to the growing awareness about the need for sustainable and eco-friendly alternatives. Furfural is derived from agricultural residues such as sugarcane bagasse, corncobs, rice husk, and sunflower hull, making it a bio-based and renewable resource. Moreover, this shift is driven by government initiatives and regulations promoting the use of renewable chemicals. For instance, the European Union's Renewable Energy Directive sets a target of at least 32% of the EU's energy coming from renewable sources by 2030.
• Furfural is gaining attention in the textile industry due to its potential use in the production of various textile-related chemicals and materials. The textile industry is increasingly seeking sustainable and environmentally friendly alternatives, and furfural's versatility makes it an attractive option. The demand for furfural in the textile industry is expected to grow significantly, driven by the need for sustainable products. According to the Ministry of Textiles, Govt of India launched the National Technical Textiles Mission (NTTM) in the year 2020 for four years up to March 2024, with an objective of increasing penetration level of technical textiles from 5-10% as compared to 30-70% in the developed world.

Furfural News

The report covers the latest developments, updates, and trends impacting the global furfural 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 furfural production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the furfural price trend.

Latest developments in the Furfural industry:

• In 2024, Fortum, a big name in the furfural industry announced that it is about to start a new biorefinery project in Assam, India. The biorefinery is a joint venture of the Indian oil refinery company Numaligarh Refinery Limited (NRL), Chempolis, and Fortum.
• In June 2023, Origin Materials announced the startup of Origin 1, the world’s first commercial CMF (chloromethyl furfural) plant.

Product Description

Furfural is an intriguing organic compound that springs from the remnants of agriculture—think corncobs, oats, wheat bran, and sawdust. This colorless, oily liquid, however, does not stay that way for long and it shifts to yellow and then brown when it meets the air. Also, one common question regarding furfural is what it is good for furfural is a superstar in the solvent world, especially in refining lubricating oils and it is also the starting point for creating a range of furan-based chemicals and resins. In the world of synthesis, it crafts fungicides, herbicides, and various specialty chemicals. It boosts synthetic rubber properties and plays a pivotal role in producing phenolic resins. These resins find their way into molding compounds, coatings, and adhesives. Moreover, furfural’s green credentials and ability to break down naturally make it a favorite of sustainable industry practices. Its part in making furfuryl alcohol, a key player in foundry resins-cements its place in the chemical sector. With the world leaning more toward renewables, furfural is riding high as a versatile and eco-friendly chemical of choice.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of furfural pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting furfural 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 furfural price charts ensure our clients remain at the forefront of the industry.