Calcium Propionate Price Trend and Forecast

Calcium Propionate Regional Price Overview

Get the latest insights on price movement and trend analysis of Calcium Propionate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

 

Calcium Propionate Price Trend for the Q1 of 2024

Product Category Region Price Time Period
Calcium Propionate Chemicals USA USD 1000/MT March 2024
Calcium Propionate Chemicals Europe USD 1000/MT March 2024


Stay updated with the latest Calcium Propionate prices, historical data, and tailored regional analysis
 

Asia

In Asian countries, the calcium propionate sector witnessed significant price incline during the first quarter of 2024. China, renowned as a major producer and exporter of calcium propionate, experienced a notable and steady rise in prices throughout the quarter. This increase was fueled by various factors unique to the Chinese market. After the conclusion of the Lunar New Year and Spring Festival holidays, there was a surge in bulk orders and purchases domestically and internationally.
 

Calcium Propionate Price Chart

Calcium Propionate Price Trends

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As production facilities resumed full operations post-maintenance, market confidence strengthened, further propelling the price hike of calcium propionate. Additionally, dwindling calcium propionate inventories in China intensified the disruption of the supply-demand equilibrium. The depreciation of the Chinese yuan against the USD also contributed to driving up costs, alongside post-holiday demand resurgence and increased consumer confidence.

Europe

In the European market, calcium propionate prices surged due to bulk orders for inventory replenishment and insufficient supplier inventories, leading to demand surpassing supply. Compounding this situation are disruptions in shipping routes around the Red Sea and Gulf of Aden.

There were several instances when vessels were diverted south around the Cape of Good Hope for safety reasons, resulting in freight charges increasing approximately threefold. These additional costs contributed to the overall escalation of calcium propionate prices in Europe. Amid the rising cost of imports, the feedstock chemicals also showcased remarkable appreciation in their market momentum and pricing patterns, supporting the uptrend in the price trend of calcium propionate.

North America

In North America, the first quarter of 2024 witnessed a significant rise in calcium propionate prices, attributed to multiple factors. The first factor impacting the price trend of calcium propionate was the improvement in the region's economic indicators. However, disruptions in shipping routes, particularly due to attacks in the Red Sea region, significantly impacted the trading sentiments.

These disruptions led to increased shipping costs and delays, affecting the supply chain and resulting in higher freight charges for the US. Moreover, the uptick in prices of the raw material propionic acid in the US further elevated production costs, maintaining strong market sentiment and supporting the upward trajectory of calcium propionate prices in the region.

Analyst Insight

According to Procurement Resource, the price trend of Calcium Propionate is estimated to further grow in the northward direction as the fast pace depletion of inventories and rerouting of traditional trade routes will favor an uptrend in the prices of calcium propionate.
 

Calcium Propionate Price Trend for the October - December of 2023

Asia

In the fourth quarter of 2023, a gradual decline in the price of calcium propionate was noted, especially in the Indian market. The main causes for this decline in the price of calcium propionate were the sharp drop in raw material costs and the poor performance of the industrial sector.

The product had only a modest demand from the customers, but the destocking activities of the traders based on the materials oversupply cast doubt on the rate of increase in calcium propionate pricing.

Europe

The European countries did not experience as sharp a reduction in calcium propionate prices as the Asian region did. The pricing trajectory was still not totally in the green, though. In this region, the trend was negatively affected by the lackluster end-user industry momentum and exceeding pressure from rising inventories, interest rates, and inflation hindered the calcium propionate pricing developments throughout the fourth quarter.

North America

Due to weak trade activity and a significant drop in export rates, the calcium propionate prices teetered towards the lower end in the initial part of the fourth quarter. Additionally, the calcium propionate market's performance in the fourth quarter of 2023 was negatively impacted by reduced production costs brought on by the decline in the price of natural gas and crude oil. However, a modest upward shift in price patterns was observed during the last period, which may be related to the return of customer confidence in this industry.

Analyst Insight

According to Procurement Resource, the price trend of Calcium Propionate are estimated to experience some challenging months ahead as the downstream demand and excessive rise in inventories pose a problem for the traders.
 

Calcium Propionate Price Trend for the July - September of 2023

Asia

Calcium Propionate continued its very disappointing run in the Asian market in the third quarter of the year 2023 as well. The bearish demands from the downstream pharma and agricultural sectors kept the downward bent in the calcium propionate price graph consistent.

Feeble cost support from feedstock materials propionic acid and calcium hydroxide was also one of the reasons the calcium propionate price index remained low laying.

Unseasonal weather changes during the given time with uneven and disrupted rain cycles impacted the agriculture sector very badly. Many farmers were compelled even to give up sowing crops; this gave the biggest pushback to calcium propionate demands from the fertilizer industry. These situations resulted in the poor market performance of calcium propionate as the supplier and consumer sentiments remained very muted throughout the discussed span of time.

Europe

The bearish market performance of calcium propionate in the Asian region almost mirrored the European markets. Lacklustre demands from the consuming sectors kept the calcium propionate price analysis of the said duration tepid. Ease in freight charges with normalizing crude oil prices was also responsible for cheaper procurement by regional calcium propionate suppliers. Overall, a dull market run was experienced by calcium propionate during the said period.

North America

Following the global sliding trend, the American calcium propionate market performed very poorly at the price scale. The hikes in inflation and interest rates were detrimental to the region’s industrial sector. Further, the bleak demands from the downstream fertilizer sector affected the price trend of calcium propionate.

Analyst Insight

According to Procurement Resource, fluctuations are anticipated in Calcium Propionate markets going forward since the upliftment in the demand equation will be critical for improvements in the trade fundamentals.
 

Calcium Propionate Price Trend for the First Half of 2023

Asia

In the Asia Pacific market, the price trend of calcium propionate in the first quarter was challenged by the weak demand and rising level of stockpiles. In addition to this, the upstream cost of Ethylene also failed to provide the required support. As a result of these factors, the price trend of calcium propionate faced southwards in the second quarter. The second quarter was also negatively affected by fluctuating market sentiments and collapsing cost of feedstock materials that kept the price trend of calcium propionate in the negative zone.

Europe

The first quarter witnessed a falling trajectory in the prices of calcium propionate as the demand for the product remained weak. The high levels of inventories and a significant drop in the cost of feedstock materials had an adverse effect on the market activities, especially the production rates of calcium propionate.

In the second quarter, the sea routes from China to Europe became more efficient, which led to a drop in the cost of trading, which also influenced the price trend of calcium propionate negatively. In addition to this, the subdued demand forced the manufacturers to reduce their price quotations, which eventually pushed the prices of calcium propionate into the negative zone.

North America

The price trend of calcium propionate in the North American region mirrored the trend seen in the Asia Pacific and European regions. In this region, too, feeble demand and the high level of inventories proved to be a problem for the market of calcium propionate in the first quarter.

The market activities of the downstream industries in the second quarter faced the challenges of soaring rates of inflation, oscillating economic conditions, and oversupply of calcium propionate in the region. In addition to this, the ongoing Russia-Ukraine crises also resulted in high fluctuations in the US market that ultimately resulted in the fall in the price trend of calcium propionate.

Analyst Insight

According to Procurement Resource, the price trend of Calcium Propionate is estimated to follow a southward trajectory. The declining demand due to oscillating market conditions and high levels of inventories will prove to be a problem for the calcium propionate market.

Procurement Resource provides latest prices of Calcium Propionate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About Calcium Propionate

The calcium salt of propionic acid or calcium propionate has the chemical formula Ca(C2H5COO)2 is a widely used food preservative. It is mainly employed by the food and baking industries as it helps in the prevention of food articles from mold growth and also helps in extending the shelf life of the product. Additionally, it finds applications in animal feed, processed foods, and as an excipient in pharmaceuticals. This compound helps maintain product freshness, inhibit spoilage, and enhance stability in various industrial and food-related contexts.

Calcium Propionate Product Details

Report Features Details
Product Name Calcium Propionate
Chemical formula C6H10CaO4
Industrial Uses Fertilizer, Pharmaceuticals, Fruit preservation, Food preservation
CAS Number 4075-81-4
HS Code 29159090
Molecular weight 186.22 g/mol
Supplier Database Fine organics, Aglile Nobel, Niacet, A Kerry Company, Henan Chemsino Industry Co Ltd, Puratos
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Calcium Propionate Production Processes

The production of calcium propionate from propionic acid involves its reaction with calcium hydroxide. This reaction gives calcium propionate in a highly basic media, for which a neutralization step is carried out and the final product calcium propionate is extracted.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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