Vitamin E Pricing Report

Vitamin E Prices December 2023

The price of vitamin E in the United States for Q4 2023 reached 17035 USD/MT (50% CWS) in December. The market in the country was remarkable as it showed overall faster growth, despite worries about controlling inflation and preventing job losses. The vitamin E market experienced price hikes in the latter weeks of December due to the favorable impact of increased consumer demand in the country.

The price trend for vitamin E in China witnessed higher prices, reaching 12295 USD/MT (50% CWS), due to improved offtakes and export pricing. On the other hand, there was an imbalance in the market because of a decline in demand from the pharmaceutical and nutraceutical sectors in November.

In Germany, vitamin E prices declined, reaching 13395 USD/MT (50% CWS), influenced by decrease in demand from downstream industries. German importers benefited from reduced prices when acquiring vitamin E 50% CWS supplements, leading to a corresponding decrease in prices within the local market.

Vitamin E Price Trend, Market Analysis, and News

IMARC’s newly published report, titled Vitamin E Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data, offers an in-depth analysis of vitamin E pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing vitamin E price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Vitamin E Market Analysis

The global vitamin E market size reached US$ 2.5 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 3.8 Billion, at a projected CAGR of 4.60% during 2023-2032.

• The growing demand for vitamin E due to the rising awareness among individuals about the importance of maintaining enhanced health is offering a positive market outlook. Moreover, the increasing consumption of vitamin E supplements due to its antioxidant properties is impelling the market growth.
• The escalating demand for vitamin E supplements due to the rising geriatric population is bolstering the market growth. The United Nations Population Fund and Help Age India estimated that the senior population in India is anticipated to increase to 173 million by 2026. Additionally, elderly individuals are more prone to skin-related issues and other chronic diseases, which in turn, is driving the need for vitamin E supplements.
• There is an increase in heart disease, diabetes, and cancer cases across the globe due to lifestyle changes, poor dietary patterns, and limited physical activity. Vitamin E plays a crucial role in preventing or delaying chronic diseases associated with reactive oxygen species molecules. It is used for treating vitamin E deficiency that can occur in people with certain genetic disorders and in very low-weight premature infants. It is also beneficial for certain skin disorders, such as eczema.          
• The vitamin E demand is further propelled by its utilization in the food and beverage (F&B) sector. It is incorporated in various beverages and food products for catering to the needs of health-conscious individuals.
• Vitamin E is also becoming increasingly popular in the personal care sector. It is used in skincare and beauty products due to its moisturizing properties and the ability to protect the product from oxidation. It prevents premature skin aging and protects the body from harsh ultraviolet (UV) rays. Moreover, the rising focus on maintaining outer beauty among individuals is catalyzing the demand for vitamin E in cosmetic products. People are willing to spend on premium skincare products to keep their skin hydrated and fresh. As per Statista, the beauty and personal care market across the globe is anticipated to generate a revenue of US$ 646.20 Billion in 2024.

Vitamin E News

The report covers the latest developments, updates, and trends impacting the global vitamin E market, 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 vitamin E production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.

Latest developments in the vitamin E industry:

• 1 February 2022: Orah Nutrichem Pvt Ltd, one of the leading manufacturers of Natural Vitamin E in India, launched ORAH Vit E, tocotrienol-based natural antioxidant and other variants.
• 1 June 2021: One Rock Capital Partners LLC acquired the special manufacturing site and other associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants, and esters from BASF in Kankakee, Illinois.

Product Description

Vitamin E is a fat-soluble vitamin that is mainly found in various food items, such as cereals, meat, poultry, eggs, and fruits. It acts as an antioxidant and enhances immune function while preventing clots from forming in heart arteries. It protects body tissue from damage caused by substances known as free radicals.

Vitamin E assists in reducing levels of the liver enzymes alanine aminotransferase (ALT) and aspartate aminotransferase (AST), decreasing blood lipid levels, and improving liver health in people with non-alcoholic fatty liver disease (NAFLD). It also benefits in managing dysmenorrhea, a condition characterized by severe and frequent menstrual pain, such as cramps and pelvic pain.

Furthermore, it is beneficial for individuals with cognitive conditions like Alzheimer’s disease. It also improves lung function and certain symptoms of asthma in children and adults.

Regional Coverage

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

Global Vitamin E Price

The report offers a holistic view of the global vitamin E pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Vitamin E Price

The European region experienced a downward trend in Q4 of 2023 due to the high supply levels, as domestic businesses maintained considerable inventories to meet demand and mitigate concerns of potential shortages ahead of the December holiday season. Moreover, the overall downward price trend was influenced by declining energy prices. Lowered end-user demand and the sufficient availability of Vitamin E in the domestic market were major factors that lead to the cost reduction.

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

North America Vitamin E Price

In North America, the vitamin E market witnessed a declining price trend due to a decrease in end-user demand from the nutraceutical and pharmaceutical industries. The market faced instability and an overabundance of the vitamin E supplement on domestic retailers. The Q4 2023 import levels exceeded Q4 2022 numbers, indicating that shops have finished destocking. Furthermore, the US economy avoided a recession and showed overall faster growth.

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

Middle East and Africa Vitamin E Price

The report explores the vitamin E pricing trends 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 vitamin E prices for countries can also be provided.

Aisa Pacific Vitamin E Price

The vitamin E pricing in the Asia Pacific region showcased a range of patterns in the Q4 of 2023, with some items seeing price rises and others seeing decreases. Higher vitamin E prices were observed throughout the Asia Pacific area, including China and India, in the latter part of the quarter on account of the improved offtakes and export pricing. On the other hand, there was an imbalance in the market due to a decline in demand from the pharmaceutical and nutraceutical industries, particularly in November.

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

Latin America Vitamin E Price

The analysis of vitamin E 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.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of vitamin E pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting vitamin E price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, 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, ensuring they remain at the forefront of the vitamin E industry.