Product
Curcuma Oleoresin Price Trends and Forecast
Curcuma Oleoresin Price Trends and Forecast
Regional Price Overview
Get the latest insights on price movement and trends analysis of Curcuma Oleoresin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Curcuma Oleoresin Price Trends for the First Half of 2023
Curcuma Oleoresin is directly extracted from the turmeric plant, so the price trendss of Curcuma Oleoresin directly follow that of turmeric plants.
The first half of 2023 witnessed mixed market behavior for the Curcuma Oleoresin market. The consuming sectors posed high demands during the COVID-19 times because of its immunity-boosting properties, so the farmers grew more turmeric, expecting higher profits. But the demand dipped, and the prices crashed, declining the Curcuma Oleoresin price trendss, and these trendss lasted till the middle of the second quarter. Farmers preferred storing their produce to sell it at much cheaper prices.
But things took a turn when the untimely, unexpected rains started ruining the stored turmeric produce. Unforeseen climate changes adversely affected the crop yields, creating a supply constraint and forcing the Curcuma Oleoresin prices to shoot up immediately in the mid-Q2. Overall, mixed price sentiments were observed.
Analyst Insight
According to Procurement Resource, Curcuma Oleoresin prices are expected to rise further in the upcoming months since the supplies are constricted amidst steady demands.
Procurement Resource provides latest prices of Curcuma Oleoresin. 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
Curcuma Oleoresin, a brownish-orange viscous oily fluid, is basically derived by solvent extraction of turmeric or Curcuma longa L. Curcuma Oleoresin is extensively utilised for flavouring or colouring and is insoluble in water. It has a wide range of effects on human health and exhibits medicinal properties.
Product Details
| Report Features | Details |
| Product Name | Curcuma Oleoresin |
| Industrial Uses | Spice, Flavouring, Colouring |
| Synonyms | Turmeric powder, Turmeric Oleoresins |
| Supplier Database | Synthite Industries Ltd, Akay Group Ltd, Plant Lipids, Universal Oleoresins, Kancor Ingredients Limited, BOS Natural Flavours (P) Limited |
| 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.
Production process
- Production of Curcuma Oleoresin via Solvent Extraction process
Curcuma Oleoresin is prepared by the solvent extraction of Curcuma longa L. Only particular solvents, such as acetone, methanol, and ethanol, among others can be used in the extraction process. This process is carried out commercially on large scale to produce Curcuma Oleoresin.
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).
Table Of Contents
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