| Product | Category | Region | Price | Last Updated Month |
| Citric Acid (Powder) | Food and Beverages | USA | 2219 USD/MT | October'24 |
| Citric Acid (Powder) | Food and Beverages | USA | 2236 USD/MT | November'24 |
Stay updated with the latest Citric Acid (Powder) prices, historical data, and tailored regional analysis
In Q4 of 2024, the citric acid (powder) market in North America saw a gradual upward trend. The prices of citric acid (powder) were around 2219 USD/MT (CFR) in October and rose to approximately 2236 USD/MT in November in the US markets. The price increase was mainly due to a reduction in the supply of corn, a key feedstock. Major corn-producing states experienced weather-related issues during the harvest season, leading to a decrease in supply. This limited availability of corn increased production costs, narrowing the profit margins for citric acid (powder) manufacturers, as procuring corn at lower prices became more difficult. Additionally, logistical challenges, including high shipping charges for imports from Asia, further contributed to the rising costs.
In Asia, supply conditions remained strained as China, a leading producer of citric acid, faced bottlenecks. Severe weather events, such as typhoons, caused shipping delays, resulting in a limited supply of feedstocks. Moreover, inventories in the Asia-Pacific region fell due to increased demand from downstream industries, including food and beverages, pharmaceuticals, and cleaning products, driven by seasonal procurement spikes. Overall, the rise in feedstock prices supported the upward trend in citric acid (powder) prices, which showed a gradual incline during the last quarter of 2024.
Analyst Insight
According to Procurement Resource, moving forward in the new year, the prices of citric acid (powder) are expected to maintain a similar trend until the supply of the major feedstock stabilizes.
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
In Q3 2024, the global market for citric acid powder experienced varied trends, with regional dynamics shaping its price movement. In Asia, where citric acid powder is primarily produced, prices were tempered by abundant supply from China, the leading producer, thanks to stable corn feedstock availability. Despite strong industrial demand, particularly in the food and beverage sector, the oversupply situation in the region prevented significant price increases. In Europe, however, the scenario was different.
Manufacturers faced higher production costs due to rising energy prices and the implementation of stricter environmental regulations, which led to increased production costs. These additional costs were passed on to consumers, pushing up prices for citric acid powder, even as demand remained subdued in key sectors. In North America, the market saw more price predictability as corn prices stabilized, offering relief to producers. However, logistical hurdles, particularly in transportation, continued to exert upward pressure on prices, while imports from Asia and Europe added to price volatility. Overall, citric acid powder prices remained under pressure from raw material and logistical costs, with regional variations and external factors continuing to influence the market.
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.
HOC(COOH)(CH2COOH)2
Hemadri Chemicals, Weifang Ensign Industry, S.A. Citrique Belge N.V., Archer Daniels Midland Company, Shandong Juxian Hongde Citric Acid Company, Huangshi Xinghua Biochemical
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-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.
Manager - Market Research
Delivering market research and procurement intelligence at Procurement Resource with a focus on economic forecasting, commodity analysis, and client advisory to help sourcing teams make data-backed purchasing decisions.
Our Price Analysis Methodology
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
This report includes a detailed study of production of citric acid through solid state fermentation.
This report provides an extensive cost evaluation of Citric Acid production via surface fermentation. The manufacturing process of Citric Acid occurs via surface fermentation, which is a stationary batch process completed within 8 to 12 days.
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.
.webp&w=1080&q=75)