Glycine Price Trend and Forecast

Glycine Regional Price Overview

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


Glycine Price Trend for the Q1 of 2024

Product Category Region Price Time Period
Glycine Chemicals USA USD 1700/MT March 2024

Stay updated with the latest Glycine prices, historical data, and tailored regional analysis

Glycine Price Trend for the Second Half of 2023


Glycine performed fairly well in the Asian markets during the last two quarters of 2023. The prices surged throughout the third quarter after starting steadily at the beginning of July’23. The first three months of the given span saw a rise of more than 10% in the glycine prices in the Chinese market. This rise was influenced by the rise in feedstock ammonia prices and the increased downstream demands from the pharma sector.

Glycine Price Chart

Glycine Price Trends

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The fourth quarter, too, went on to see a similar trajectory but was hindered by the freight and trade disturbances caused by various geopolitical events. The Russia-Ukraine conflict was still not over when another war broke out in the Gulf between Israel and Hamas. With this, the offshore queries and orders saw a considerable dip, which pushed the glycine price trend back for some time. Overall, varying market sentiments were witnessed.


A similar market situation to the Asian market was seen in the European glycine market as well. Prices saw a substantial incline in the third quarter, only to face a consumption crisis in the following quarter. A consistent demand trajectory kept the stock movement persistent in the third quarter, which led suppliers to order a little freely. The inventories were full and as the demands dipped in the following quarter, they were well capable of catering to the existing demands. This created a little uncertainty in the European glycine market.

North America

Compared to the other major glycine markets, the American glycine market was observed to be majorly receding for the majority of the said time period. The inventories here were already stacked since the beginning amidst a tepid consumption trajectory. So, the prices didn’t have much room to improve during this period. Overall, muted market sentiments were witnessed.

Analyst Insight

According to Procurement Resource, the Glycine price trends are expected to waver in the coming months. Given the current gap between the supply and demand outlooks, the price trend is not likely to improve much going forward.

Glycine Price Trend for the First Half of 2023


The Asian Glycine market observed mixed price trend during the first half of 2023. Glycine prices rose for the entire first quarter as the downstream demands from fodder and pharmaceutical industries rose, and manufacturing also saw a rise. But as the quarter shifted, the inventories started overflowing because of oversupply, and the demands didn’t rise at the same pace and were steady.

These situations called for a decline in prices in the second quarter. Overall, mixed price trend for Glycine were observed. In January, the spot prices averaged around 1740 USD/MT in the Chinese market. After a narrow rise in Q1, Glycine prices declined in the second quarter averaging 1565 USD/MT in June’23.


In the European Glycine market, the prices observed a downhill trend throughout the said time period. The upstream costs started normalizing after a long time, with energy and freight costs subsiding slightly. But the supply overflow amidst lackluster demands drove the market sentiments. Prices remained on a declining trajectory throughout H1 2023. Spot prices averaged around 2010 USD/MT in January and ended the second quarter at about 1610 USD/MT.

Analyst insight

According to Procurement Resource, the price trend for Glycine are expected to fluctuate further, given the current volatile economic scenario. The downstream demands will continue to be the primary driving factor for market trend.

Procurement Resource provides latest prices of Glycine. 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.

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About Glycine

Glycine is known as a non-essential, non-polar, non-optical and also as a glucogenic amino acid. It is a colorless, sweet-tasting crystalline solid. It is a crucial component as well as a precursor for several macromolecules in the cells. In food chemistry, glycine is used as a flavorant as it is mildly sweet and counters the aftertaste of saccharine.

Glycine Product Details

Report Features Details
Product Name Glycine
Industrial Uses Lab research, Metal complexing and finishing, Pet food, Animal feed, Component for parenteral and enteral nutrition
Chemical Formula C2H5NO2
Synonyms 2-Aminoacetic acid, 56-40-6, Aminoacetic acid, Glycocoll, Aciport
Molecular Weight 75.07 g/mol
Supplier Database Acros Organics, Ajinomoto Health & Nutrition North America, Inc, Newtrend Group, Henan HDF Chemical Company,Ltd
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.

Glycine Production Process

  • Production of Glycine via Amination; and via Strecker Amino Acid Synthesis

The production of glycine involves the amination of chloroacetic acid with ammonia, which results in the formation of glycine along with ammonium chloride.


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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