Camphene Price Trend and Forecast

Camphene Regional Price Overview

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

Camphene Price Trend for the Second Half of 2024

The Camphene market in the second half of 2024 experienced significant volatility, mirroring the complex dynamics of its precursor, Alpha Pinene. Regional variations played a crucial role in shaping the market trajectory. In North America, the Camphene market remained relatively stable, with modest price fluctuations. The steady demand from pharmaceutical and fragrance industries helped maintain consistent pricing. Manufacturers focused on optimizing production processes and managing supply chain challenges.
 

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The APAC region witnessed an upward price trend for Camphene. Driven by robust manufacturing activities in sectors like resins and flavours, the market saw increased demand. Strategic inventory management and stable supply chains supported this growth. Indian manufacturers demonstrated resilience by adapting to changing market conditions and exploring new application areas.

Conversely, the European Camphene market faced downward pressure. Weakening demand from key end-use sectors, particularly pharmaceuticals and flavours, led to price declines. The availability of synthetic alternatives and oversupply further complicated the market landscape. Manufacturers in this region had to be agile, adjusting production rates and exploring cost optimization strategies.

Analyst Insight

According to Procurement Resource, the Camphene market is expected to remain dynamic, with potential price volatility continuing into early 2025. Manufacturers will need to closely monitor global economic indicators, industrial demand, and supply chain developments to effectively strategize their market approach.
 

Camphene Price Trend for the First Half of 2024

During the first half of 2024, the price trend of camphene exhibited a close correlation with its primary feedstock, alpha pinene. The camphene market witnessed moderate fluctuations, largely driven by the evolving pricing dynamics of alpha pinene. In the initial months, camphene prices saw a consistent upward trajectory due to elevated raw material costs, particularly as alpha pinene faced sustained supply chain challenges and high input costs. These pressures were further compounded by robust demand for camphene, especially in its key applications in the fragrance, flavor, and chemical synthesis sectors. The demand for camphene remained strong domestically and internationally, supported by the steady industrial utilization of the product in a variety of sectors.

As the year progressed, camphene prices experienced a slight easing, in line with the downward adjustment of alpha pinene prices. This moderation was largely attributed to an improvement in supply chain efficiencies, which resulted in quicker delivery times and increased stock levels for alpha pinene. The reduction in feedstock input costs provided some relief to camphene manufacturers, enabling them to adjust their pricing strategies to remain competitive in both domestic and export markets. However, despite the decline in alpha pinene prices, camphene continued to see sustained demand, which helped to buffer any significant downward pressure on prices.

Looking ahead, the camphene market is expected to remain somewhat volatile, influenced by seasonal fluctuations in alpha pinene prices. While peak demand periods are likely to drive camphene prices higher during the second half of the year, natural market adjustments may temper these increases as the industry aligns itself with broader economic conditions and financial strategies toward year-end. Overall, the camphene market during the first half of 2024 was shaped by a delicate balance of raw material cost fluctuations, supply chain improvements, and steady demand, with prices mirroring the movements in the alpha pinene sector.

Analyst Insight

According to procurement resources, the price of Camphene is thus expected to sustain its volatility in the quarters ahead as the consistent delays in supply of raw materials might hamper the overall production rates of camphene.
 

Camphene Price Trend for the Second Half of 2023

Camphene is a monoterpene derived from natural sources like various natural essential oils and citral, so the price trends for it closely align with them. Camphene, thus, is majorly used to make synthetic camphor and in the fragrance and aroma industries. Its price trend heavily depends on the prices of these feedstock materials along with the consumption from the downstream sectors.

The market started off in a dwindling manner at the beginning of the third quarter; a low feedstock cost support and high supply volumes were responsible for this downturn as the demands maintained above-average levels. However, going forward, the prices started experiencing a dip as the disparity between the supply and demand outlooks widened even more. Consumption was wavering between normal to higher levels for the most period as the skincare industry bloomed and the feedstock prices surged. Albeit competition between a growing number of manufacturers kept the prices in check.

Analyst Insight

According to Procurement Resource, the Camphene price trends are expected to elevate going forward since the current market outlook will force suppliers to control production.
 

Camphene Price Trend for the First Half of 2023

Asia

Camphene is a monoterpene and belongs to the same category as alpha and beta pinenes. In the first quarter, the prices of these monoterpenes suffered from the high fluctuations in the supply and demand sectors and underperformance of the market, especially in China.

The uncertain rates of production and declining consumption amid rising stockpiles of the product in the market further proved to be a challenge for the camphene price trend. However, the trend reversed in the initial months of the second quarter as the sales of fragrance and flavors industries improved.

The insufficient availability of stocks and improving market dynamics of the downstream industries further proved to be in favor of the rise in the prices of camphene. However, the second half of this quarter witnessed a significant decline due to rising inflation and the limited number of inquiries.

Europe

The price trend of camphene followed a bearish note as the market of monoterpenes stumbled throughout the first and second quarters of 2023. In the first quarter, the weak demand and high supply of the products proved to be a challenge for camphene prices.

In the second quarter, the demand from the fragrance and flavors sector remained subdued. In addition to this, the plunging condition of the European economy, struggling market sentiments, and excess inventories led to the decline in the price trend of camphene.

North America

The demand for monoterpenes declined consistently in the first quarter, especially from the pharmaceutical industries, which eventually led to a rise in the level of inventories. The rise in the cost of labor and transportation cost further posed a challenge for the rise in prices of camphene.

In the second quarter, the prices of camphene inclined as with the rise in interest of consumers in the sector and their spending appetite the price trend surged. The later months of this quarter, however, did not favor this incline. The major causes of this downward trend were rising levels of inventories, poor demand from the downstream industries, and overall plunging market sentiments.

Analyst Insight

According to Procurement Resource, the price trend of Camphene is estimated to decline in the upcoming quarters as the demand from the downstream industries is expected to stay in the negative zone.

Procurement Resource provides latest prices of Camphene. 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.