Track the latest insights on synthetic menthol 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 third quarter of 2025, the synthetic menthol prices in India reached 15284 USD/MT in September. Prices moved upward, supported by steady demand from the pharmaceutical, personal care, and flavoring industries. Domestic production remained stable, while procurement activity reflected consistent downstream consumption. Feedstock availability and manufacturing cost considerations influenced supplier pricing strategies across the domestic market.
During the third quarter of 2025, the synthetic menthol prices in China reached 13323 USD/MT in September. Prices declined amid adequate domestic supply and cautious buying behavior from downstream industries. Demand from the flavor and fragrance sector remained stable, while export activity moderated. Inventory management and competitive pricing among producers influenced market transactions during the period.
During the third quarter of 2025, the synthetic menthol prices in the USA reached 17508 USD/MT in September. Prices moved upward, influenced by steady demand from pharmaceutical, oral care, and confectionery applications. Import reliance exposed buyers to supply constraints from overseas producers. Logistics costs and inventory replenishment cycles shaped procurement decisions across the market.
During the third quarter of 2025, the synthetic menthol prices in Germany reached 15905 USD/MT in September. Prices moved lower as demand from downstream industries remained cautious. Import availability from Asian suppliers remained sufficient, supporting stable supply conditions. Buyers focused on inventory optimization, while cost-sensitive procurement behavior influenced purchasing patterns.
During the third quarter of 2025, the synthetic menthol prices in France reached 15092 USD/MT in September. Prices declined due to moderated demand from the fragrance and personal care sectors. Import-dependent supply chains ensured adequate availability, while buyers adopted conservative procurement strategies. Inventory management and cost control remained key considerations for market participants.
During the second quarter of 2025, the synthetic menthol prices in the USA reached 16900 USD/MT in June. Demand from pharmaceutical and oral care manufacturers remained steady. Import flows supported market availability, while buyers focused on contract-based procurement. Logistics planning and inventory alignment influenced sourcing strategies during the period.
During the second quarter of 2025, the synthetic menthol prices in China reached 13540 USD/MT in June. Domestic production ensured sufficient supply for downstream industries. Demand from flavoring and fragrance applications remained consistent. Export activity and inventory management shaped procurement behavior across the market.
During the second quarter of 2025, the synthetic menthol prices in Germany reached 16330 USD/MT in June. Consumption from pharmaceutical and personal care sectors remained stable. Import availability supported regular procurement activity. Buyers emphasized quality compliance and supply reliability when planning purchases.
During the second quarter of 2025, the synthetic menthol prices in India reached 14940 USD/MT in June. Domestic demand from pharmaceutical and FMCG applications supported steady offtake. Production levels remained aligned with consumption requirements. Procurement strategies focused on maintaining consistent supply coverage.
During the second quarter of 2025, the synthetic menthol prices in France reached 15575 USD/MT in June. Prices moved upward, supported by demand from fragrance and personal care manufacturers. Import availability influenced supply conditions, while buyers focused on quality specifications and delivery reliability. Inventory planning played an important role in procurement decisions.
During the first quarter of 2025, the synthetic menthol prices in India reached 14,100 USD/MT in March. As per the synthetic menthol price chart, growing imports of synthetic menthol influenced pricing trends. While global supplies were stable, dealers remained vigilant due to changing restrictions and trade patterns. Hence, cost-effective output was the first priority for domestic producers, and in the face of continuous uncertainty, customers sought to secure dependable quality at competitive prices.
During the first quarter of 2025, synthetic menthol prices in China reached 12,050 USD/MT in March. Prices in China saw a slightly upward trend, influenced by rising feedstock and raw material costs, along with shifts in the trading landscape due to geopolitical tensions. Specifically, the increasing demand from pharmaceutical, personal care, and flavoring industries contributed to the price volatility.
During the first quarter of 2025, the synthetic menthol prices in the USA reached 16,200 USD/MT in March. Manufacturers increasingly favored synthetic menthol over natural menthol due to its lower cost, particularly for products in the FMCG sector, influencing demand and pricing patterns.
During the first quarter of 2025, the synthetic menthol prices in Germany reached 14,500 USD/MT in March. The EU chemical industry faced challenges, including energy costs, which indirectly affected synthetic menthol prices. Besides, changes in freight rates and port delays also played a role in short-term price changes.
During the first quarter of 2025, the synthetic menthol prices in France reached 15,210 USD/MT in March. Companies in the FMCG sector showed increased interest in synthetic menthol as a cost-effective alternative to natural menthol. Besides, uncertainty around future regulations and trade policies kept market participants cautious.
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 synthetic menthol prices.
Q3 2025:
As per the synthetic menthol price index, prices in Europe declined, with Germany and France recording lower pricing levels. Demand from pharmaceutical, fragrance, and personal care industries remained cautious, particularly among smaller downstream buyers. Import availability from Asian producers ensured sufficient supply across major European markets. Buyers emphasized inventory optimization, regulatory compliance, and cost control, while logistics coordination and lead-time management influenced sourcing decisions.
Q2 2025:
Prices increased in France, supported by steady demand from the fragrance and personal care industries. Market conditions in Germany remained largely stable, with procurement activity guided by regular consumption from pharmaceutical and oral care applications. Import flows from Asian suppliers ensured adequate availability across major European markets. Buyers focused on quality compliance, supplier reliability, and inventory planning, while procurement decisions were largely contract-driven and influenced by regulatory and formulation requirements.
Q1 2025:
As per the synthetic menthol price index, increased consumer preference for hygiene and grooming products significantly influenced the demand for synthetic menthol in products like toothpaste, mouthwash, deodorants, and skin creams. Besides, supply chain disruptions, rising raw material costs, and regional demand surges also played a role in shaping price dynamics.
This analysis can be extended to include detailed synthetic menthol price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| 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. |
Q3 2025:
As per the synthetic menthol price index, prices in North America increased, led by an upward movement in the USA. Demand from pharmaceutical, oral care, and confectionery applications remained steady. Import dependence exposed buyers to supply constraints from overseas producers, particularly for high-purity grades. Distributors and end users focused on managing lead times, inventory replenishment cycles, and logistics efficiency to ensure uninterrupted supply.
Q2 2025:
North America showed stable conditions. Consumption from key end-use industries supported consistent demand levels across the region. Import availability met market requirements, while procurement strategies emphasized supply reliability and quality assurance. Buyers maintained conservative inventory positions, with sourcing decisions guided by contract stability and predictable delivery schedules.
Q1 2025:
Synthetic menthol prices in North America saw fluctuating trend, primarily driven by consistent demand from the pharmaceutical, personal care, and flavoring industries. Manufacturers' increased inventory builds after year-end slowdowns, along with a shift towards cost-effective ingredients in FMCG products, further fueled the demand for synthetic menthol over the more expensive natural alternative.
Specific synthetic menthol historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Q3 2025:
As per synthetic menthol price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences.
Q2 2025:
The report explores the synthetic menthol pricing trends and synthetic menthol 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 synthetic menthol prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| 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. |
Q3 2025:
In the Asia Pacific region, prices increased in India and declined in China. Domestic demand in India remained supported by pharmaceutical, FMCG, and personal care applications, while China experienced cautious downstream procurement amid adequate supply conditions. Production capacity across the region remained sufficient to meet demand. Buyers actively managed inventories, while export-oriented trade flows and inter-regional shipments influenced supply distribution.
Q2 2025:
Market conditions remained stable and driven by demand from pharmaceutical, flavoring, and personal care industries, which supported consistent offtake across major consuming countries. Domestic production and import availability ensured balanced supply conditions. Procurement strategies focused on maintaining continuity, managing inventory levels, and aligning sourcing with downstream manufacturing schedules.
Q1 2025:
Until the beginning of 2025, the pressure on India's indigenous natural menthol industry was maintained by the constant rise in imports of synthetic menthol. Since imported synthetic menthol offered more steady pricing and availability, local producers who were already struggling with enormous stocks and low export interest found it more difficult to compete. To safeguard domestic operations, industry associations lobbied for government action, including increased import taxes and more stringent quality standards. As stakeholders awaited possible regulatory changes, these calls caused the market to adopt a wait-and-watch strategy.
This synthetic menthol price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| 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. |
Q3 2025:
Latin America's synthetic menthol 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 synthetic menthol prices.
Q2 2025:
Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting Latin America’s ability to meet international demand consistently. Moreover, the synthetic menthol price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing synthetic menthol pricing trends in this region.
Q1 2025:
Latin America's synthetic menthol 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 synthetic menthol prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the synthetic menthol price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing synthetic menthol pricing trends in this region.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
IMARC's latest publication, “Synthetic Menthol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the synthetic menthol market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of synthetic menthol at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed synthetic menthol prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting synthetic menthol 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 synthetic menthol industry size reached USD 289.4 Million in 2025. By 2034, IMARC Group expects the market to reach USD 420.3 Million, at a projected CAGR of 4.23% during 2026-2034. Market growth is supported by rising demand from pharmaceutical and oral care applications, expanding use in personal care and flavoring products, and increased preference for consistent-quality synthetic alternatives across global manufacturing industries.
Latest News and Developments:
Synthetic menthol is a chemically produced version of menthol, a compound known for its cooling and minty properties, commonly found in peppermint and other mint oils. Unlike natural menthol, which is extracted from mint plants, synthetic menthol is created through an industrial process, typically starting from thymol or m-cresol. This process involves several chemical reactions that transform these precursors into menthol, resulting in a product that is chemically identical to natural menthol. The consistency and purity of synthetic menthol are advantageous for various applications, ensuring a uniform quality that can be difficult to achieve with natural sources.
Synthetic menthol is widely used in pharmaceuticals, personal care products, and the food and beverage industry. It provides a cooling sensation and minty flavor in products such as cough syrups, ointments, toothpaste, mouthwashes, chewing gums, and confectioneries. Additionally, synthetic menthol is favored for its stability and reliability, making it an essential ingredient in many consumer goods where precise formulation and consistent performance are critical.
| Key Attributes | Details |
|---|---|
| Product Name | Synthetic Menthol |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Synthetic Menthol 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
Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year |
| 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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