Hydrogen Peroxide Price Trend and Forecast

Regional Market Overview

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

Hydrogen Peroxide Price Trend for the First Half of 2023

Asia

The price trends for hydrogen peroxide registered a fluctuating pattern in the Chinese domestic market. Initially, the prices were kept low, given the weak demand and ample inventories. However, the prices inclined after the Lunar New Year holidays due to the mismatch in supply-demand dynamics caused by the lowered operating rates of industries during the holidays.

This inclining trend continued in the initial months of Q4. The prices fell during April as the manufacturing activities in China gained momentum, whereas the market slowed down, causing China to dump its cheap products in international markets. Hence, the weak terminal demand and unsettled upstream cost pressure caused the hydrogen peroxide prices to settle around 700 RMB/MT in June’23.

Europe

The production costs in the European region for hydrogen peroxide decreased as natural gas prices declined. The region also suffered from high inflation rates and weak demand from the downstream packaging and printing industries. The prices of hydrogen peroxide were first stagnant during the initial months of the first quarter, followed by a surge as the demand from end-user industries increased momentarily and then again dipped in subsequent months. The manufacturing sector geared up its manufacturing rates after seeing a surge in demand in mid-Q1 of 2023. Since the rise was short-lived, the risen inventories negatively impacted the prices in an already subdued Europe.

North America

The North American region suffered from weak demand from the downstream industries, which led to a decline in the quotations from the manufacturers. The hydrogen peroxide prices also suffered from the high inflation rates and fluctuating energy costs, leading to disruptions in trade activities. In addition to the weak performance from the downstream industries, the demand from other importing nations was mostly weak, fueling the decline in the prices of hydrogen peroxide in the region.

Analyst Insight

According to Procurement Resource, the price trend for Hydrogen Peroxide is estimated to decline in the upcoming quarter. Weak demand from the printing and packaging industries coupled with volatile upstream costs will likely dictate the hydrogen peroxide prices, given the other market variable kept constant.

Hydrogen Peroxide Price Trend for the Second Half of 2022

Asia

The prices of hydrogen peroxide exhibited a volatile trend in the third quarter. Initially, the prices dipped due to unstable economic conditions and weak purchasing activities shown by the end-consumer sector. However, the trend recovered towards the end of the third quarter with the surge in demand from the paper industry and packaging sector. But this inclining trend could not be sustained in the fourth quarter. The last quarter struggled with weak economic conditions as the cost of natural gas supplied by Russia remained volatile, affecting the upstream cost pressure and, thus, the overall manufacturing capacities.

Europe

In the first half of the third quarter, the price trends for hydrogen peroxide performed poorly due to the falling demand from the downstream paper industry. The region was also severely affected by the acute energy crisis, which further reduced the buyers’ confidence in the market. But with the surge in demand during the latter half of the third quarter, the hydrogen peroxide market recovered. The price recovery was, however, short-lived as the demand from the paper and pulp industry declined significantly, which led to a dip in the price trend of hydrogen peroxide in the fourth quarter.

North America

The price trends for hydrogen peroxide recorded an oscillating pattern in the North American region. The prices remained weak in the initial months of the third quarter of 2022, surged slightly in the later months, and then dipped again in the fourth quarter. These price fluctuations were majorly due to the volatile cost of raw materials amid the rising inflation. Also, the oversupply of products in the domestic market due to disrupted trade activities further aided the fall in hydrogen peroxide prices.

Analyst Insight

According to Procurement Resource, the price trends for Hydrogen peroxide are estimated to showcase a mixed trend in the coming quarter. The prices of hydrogen peroxide are likely affected by the rising inflation levels and uncertain demand from the end-user industries.

Hydrogen Peroxide Price Trend For the First Half of 2022

Asia

Given the Lunar New Year celebrations and Winter Olympics, industrial production was temporarily halted, impacting market inventories. The supply constraints, coupled with the strong demand from paper and pulp industries, drove the prices. The price of hydrogen peroxide averaged 615 USD/MT in the said period. With the resurgence of covid-19 in the market, the demand for disinfectants soared. However, after the upliftment of covid-19 shutdowns, industrial production improved, leading to stockpiling inventories, thereby causing the prices to decline.

Europe

Owing to surging crude oil and natural gas prices, the price of feedstock benzene and anthraquinone increased. These higher values, coupled with difficulty in sourcing, caused the prices to inflate, averaging 537 USD/MT. However, the inflationary pricing heavily influenced the market sentiments and triggered the cautious wait-and-see attitude of buyers reducing the market offtakes, thereby crashing the prices.

North America

The price trends in US domestic market closely mimicked its European counterpart. The mismatch in the market dynamics coupled with interest hikes by the central bank owing to the looming speculations of a global recession negatively impacted the hydrogen peroxide prices. Towards the end of said period, hydrogen peroxide prices fell as the upstream cost pressure relaxed.

Analyst Insight

According to Procurement Resource, hydrogen peroxide prices will further crash in their respective markets. With new supplies entering the market, the upstream cost pressure on anthraquinone will relax. The current market scenario is grim, given the baulking of buyers and decreased demand amid the rumoured speculations of recession.

Procurement Resource provides latest prices of Hydrogen Peroxide. 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.