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 First Half of 2023
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.
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.
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.
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.
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.
|Product Name||Calcium Propionate|
|Industrial Uses||Fertilizer, Pharmaceuticals, Fruit preservation, Food preservation|
|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.
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.
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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