Track the latest insights on propionic 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.
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During the first quarter of 2025, the propionic acid prices in Canada reached 1080 USD/MT in March. In Q1 2025, propionic acid prices in Canada remained stable to slightly firm, influenced by steady demand from animal feed and food preservation sectors. Supply chains were generally stable, but winter-related logistical disruptions in key provinces occasionally delayed shipments. Import dependency introduced mild pricing volatility, driven by fluctuating global freight rates and upstream acetic acid costs. Procurement remained measured, with buyers focusing on reliability and cost control.
During the first quarter of 2025, propionic acid prices in Spain reached 1380 USD/MT in March. In this period, Spain’s propionic acid market saw modest price increases due to firm demand from food processing and agriculture-related applications. Domestic production operated at stable rates, but energy and compliance costs exerted upward pressure on margins. Imports from Central Europe helped balance short-term demand, though freight costs and lead times limited aggressive stocking. Buyers adopted cautious procurement to manage price sensitivity amid persistent input cost inflation.
During the first quarter of 2025, the propionic acid prices in Indonesia reached 1527 USD/MT in March. Propionic acid prices in Indonesia were largely stable, supported by moderate demand from the food preservation and agricultural sectors. Domestic consumption remained steady, but limited local production increased reliance on imports, exposing the market to global freight and feedstock price fluctuations. Currency volatility and port congestion contributed to sporadic cost pressure. Market activity was subdued, with traders maintaining conservative inventory strategies to navigate uncertain external supply conditions.
During the first quarter of 2025, the propionic acid prices in Australia reached 1350 USD/MT in March. In Australia, propionic acid pricing trended upward in Q1 2025 due to high import dependency and elevated logistics costs. Demand from the food preservation and livestock feed sectors remained consistent, but limited regional production and extended shipping timelines from key Asian suppliers tightened availability. Currency movements and feedstock-related cost increases also played a role. Procurement remained conservative, focused on maintaining essential stock levels without overcommitting.
During the first quarter of 2025, the propionic acid prices in Brazil reached 1330 USD/MT in March. Brazil’s propionic acid market experienced mild price growth, driven by solid demand from the feed and food sectors and constrained import availability. Limited domestic output forced reliance on international suppliers, exposing prices to freight rate increases and upstream raw material costs. Supply chain inefficiencies and port congestion also impacted timelines. Buyers adopted a cautious purchasing strategy, ensuring adequate stock while managing cost uncertainties tied to external market factors.
The propionic acid prices in the United States for Q3 2024 reached 765 USD/MT in September. The region saw steady growth due to rising product utilization in packaging and food preservation sectors amid limited supply. Apart from this, supply constraints, combined with higher feedstock and energy prices, pushed up production costs. This drove a significant price increase, showcasing a persistent upward trend throughout the quarter.
The price trend for propionic acid in China for Q3 2024 settled at 870 USD/MT in September. The market faced notable price fluctuations driven by strong seasonal demand and supply chain constraints. Moreover, limited availability led to peak price levels and underscored the influence of external market pressures. This period marked a consistent price rise, reflecting the vigorous nature of the industry landscape and evolving market needs.
The propionic acid prices in the United States for Q2 2024 reached 675 USD/MT in June. The region saw prices drop notably due to reduced demand and excess inventory. Additionally, market trends highlighted a significant year-over-year decline, signaling oversupply and ongoing economic challenges. Besides this, prices remained unchanged in comparison to Q1, showcasing a static industry without indications of recovery, as weak demand continued to weigh on sentiment.
The price trend for propionic acid in China for Q2 2024 settled at 765 USD/MT in June. The market faced notable increases driven by robust global and local demand, owing to the higher food preservative needs during summer. Moreover, seasonal freight surges, along with geopolitical factors, strained logistical channels, pushing prices upward. As a result, the market landscape remained bullish, with heightened recovery noted compared to earlier quarters despite previous year-over-year declines.
In June 2023, the market price for propionic acid in the United States was 1245 USD/MT. The market faced several price fluctuations as it entered the first quarter of 2024. During January and February, the rates saw a hike due to increased demand from downstream industries like food, and the elevated prices of feedstock ethylene. Moreover, there was a scarcity of the product as many plants were shut down during that time. However, towards the end of March, the market saw a dip in rates owing to increased supply and low-cost support from feedstock ethylene.
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 propionic acid prices.
The report offers a holistic view of the global propionic acid pricing trends in the form of propionic 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 propionic 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 propionic 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.
Q1 2025:
As per the propionic acid price index, in Q1 2025, the European propionic acid market experienced a steady upward price trend driven by tight supply, high energy costs, and seasonal demand recovery. January saw minor softening due to cautious procurement and slow activity in food and feed sectors. Prices began rising in February, supported by firm feedstock costs and regional shortages. Major producers raised prices citing elevated input and logistics expenses. By March, increased herbicide demand, especially in Southern and Eastern Europe, and low inventory levels sustained bullish market sentiment despite slight easing in feedstock costs. Overall, tight supply and seasonal recovery maintained upward pressure on prices.
This analysis can be extended to include detailed propionic acid price information for a comprehensive list of countries.
Region | Countries Covered |
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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, among other European countries. |
Q1 2025:
As per the propionic acid price index, the North American propionic acid market saw a steady price rebound following early softness. January prices dipped slightly due to ample inventory and subdued demand. However, February brought a sharp reversal as Gulf Coast winter storms disrupted supply chains, tightening availability. Producers announced price increases amid rising input and logistics costs. By March, strong agricultural demand ahead of planting season, lower stock levels, and improved manufacturing activity sustained upward price pressure. Despite a slight softening in ethylene costs, overall market sentiment remained firm, supported by seasonal demand and constrained supply across the region.
Specific propionic acid prices and historical data within the United States and Canada can also be provided.
Region | Countries Covered |
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North America | United States and Canada |
Q1 2025:
The report explores the propionic acid trends and propionic 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 propionic acid prices for countries can also be provided.
Region | Countries Covered |
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Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Q1 2025:
In Q1 2025, the Asia Pacific propionic acid market experienced steady price increases fueled by seasonal agricultural demand, shifting feedstock trends, and firm export activity. January saw moderate gains as higher production and easing ethylene costs stabilized supply. Prices briefly dipped in early February due to oversupply and Lunar New Year disruptions, but surged late in the month with tightened regional supply and rising ethylene prices. March maintained the upward momentum, driven by herbicide demand in North China and steady food preservative consumption. Despite minor feedstock relief, low inventories and export-driven interest supported sustained price strength throughout the quarter.
This propionic acid price analysis can be expanded to include a comprehensive list of countries within the region.
Region | Countries Covered |
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Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Q1 2025:
In Q1 2025, propionic acid prices in Latin America, particularly Brazil, experienced moderate upward pressure driven by strong seasonal demand from agricultural applications and food preservation. Limited domestic production capacity increased reliance on imports, making the market sensitive to global freight fluctuations and upstream raw material costs. Port congestion and longer delivery timelines disrupted inventory replenishment, tightening regional supply. Demand remained consistent from livestock feed and crop protection segments, prompting buyers to secure essential volumes despite rising costs. Currency volatility further influenced import pricing, reinforcing cautious procurement strategies across the supply chain. Overall, tight supply and firm demand supported bullish pricing momentum.
This comprehensive review can be extended to include specific countries within the region.
Region | Countries Covered |
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Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
IMARC's latest publication, “Propionic Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the propionic acid market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of propionic acid at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed propionic acid prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting propionic 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.
The global propionic acid market size reached USD 1.85 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 2.35 Billion, at a projected CAGR of 2.57% during 2025-2033.
The report covers the latest developments, updates, and trends impacting the global propionic 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 propionic acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the propionic acid price trend.
Latest developments in the propionic acid industry:
Propionic acid (C3H6O2), also known as propanoic acid, is a naturally occurring carboxylic acid. It is a colorless and oily liquid with a pungent odor and is soluble in water. It is produced industrially through the hydrocarboxylation of ethylene using nickel carbonyl as the catalyst and is also formed by the bacterial fermentation of sugars. It is characterized by its antimicrobial and antifungal properties. It is produced using ethylene, carbon monoxide, and water, primarily in the presence of a catalyst.
Propionic acid finds application in food preservatives, herbicide production, plasticizer manufacturing, pharmaceuticals, animal feed preservation, perfume industry, paint solvent, and flavoring agent. It offers numerous benefits, such as extending food shelf life, inhibiting microbial growth, enhancing flavor, and contributing to sustainable practices in agriculture and industry. Moreover, it is lauded for its effectiveness at low concentrations, cost-efficiency, minimal toxicity, and environmental safety.
Key Attributes | Details |
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Product Name | Propionic Acid |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Propionic Acid Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
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Customization Scope | The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 1000 commodities and a vast global presence in over 150 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
1000
+Commodities
150
+Countries Covered
3000
+Clients
20
+Industry
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