Product
Citric Acid (Powder) Price Trend and Forecast
Citric Acid (Powder) Price Trend and Forecast
Citric Acid (Powder) Regional Price Overview
Get the latest insights on price movement and trend analysis of Citric Acid (Powder) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Citric Acid (Powder) Price Trend for Q1 of 2024
| Product | Category | Region | Price | Time Period |
| Citric Acid (Powder) | Food and Beverages | USA | 2354 USD/MT | January’24 |
| Citric Acid (Powder) | Food and Beverages | USA | 2249 USD/MT | March’24 |
Stay updated with the latest Citric Acid (Powder) prices, historical data, and tailored regional analysis
Citric acid powder prices were found to be fluctuating during the first quarter of the year 2024. The price trajectory was mixed as the prices moved down initially from January to February, owing to the oversupplied inventories and fewer demands. However, in the second half of the quarter, the market started rebounding marginally as the demand started improving.
Citric Acid (Powder) Price Chart
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The overall average monthly prices in the USA, however, went from about 2354 USD/MT in January’24 to around 2249 USD/MT in March’24 after slightly backtracking in the early phase. Q1’24 saw citric acid powder prices wavering in a confined manner, particularly in the American region. In the US market, the demands rose from the downstream food and beverage industries as the summer season approached. Overall, the market outlook exuded borderline stability in Q1’24.
Analyst Insight
According to Procurement Resource, going forward, the market projections look optimistic for the Citric Acid Powder. The peak summer season will call for higher citric acid powder consumption. Thus, the prices are expected to increase in the coming months.
Procurement Resource provides latest prices of Citric Acid (Powder). 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.
About Citric Acid (Powder)
Citric acid powder is a natural preservative and flavor enhancer derived primarily from citrus fruits. It appears as a white, crystalline powder widely used for its tart, acidic taste. It acts as an effective preservative by altering pH levels and as an emulsifying agent in foods, beverages, and pharmaceuticals. Additionally, citric acid is utilized in cosmetics for adjusting acidity and in cleaning products for its ability to remove hard water stains and build-up.
Citric Acid (Powder) Product Details
| Report Features | Details |
| Product Name | Citric Acid (Powder) |
| Chemical Formula | HOC(COOH)(CH2COOH)2 |
| Industrial Uses | Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care, Cleaning Products, Agriculture, Textiles, Photography |
| Molecular Weight | 192.12 g/mol |
| CAS Number | 77929 |
| Supplier Database | Hemadri Chemicals, Weifang Ensign Industry, S.A. Citrique Belge N.V., Archer Daniels Midland Company, Shandong Juxian Hongde Citric Acid Company, Huangshi Xinghua Biochemical |
| 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.
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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