Hydrogen Peroxide Price Trend and Forecast
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.
In appearance, pure hydrogen peroxide is a pale blue, clear liquid, which is slightly more viscous than water. Hydrogen peroxide is known to be the simplest peroxide. It is used as a bleaching agent, an oxidizer, and an antiseptic agent. Concentrated hydrogen peroxide, or high-test peroxide, works as a reactive oxygen species that is used as a propellant in rocketry.
Report Features | Details |
Product Name | Hydrogen Peroxide |
Industrial Uses | Agricultural chemical (non-pesticidal), Bleaching agents, Cleaner, Oxidizing/reducing agent, Plating and surface treating agent, Solvent (for cleaning and degreasing) |
Chemical Formula | H2O2 |
Synonyms | Hydrogen dioxide, Hydroperoxide |
Molecular Weight | 34.01 g/mol |
Supplier Database | Evonik Industries AG, Solvay S.A, Arkema S.A, FMC Corporation, Mitsubishi Gas Chemical Company, Santoku Chemical Industries Co., Ltd, Nouryon |
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.
Anthraquinone is hydrogenated to the corresponding anthrahydroquinone using a palladium catalyst in this process. When the hydrogenated product is autooxidized, the hydrogen atoms transfer to oxygen, producing hydrogen peroxide and regenerating anthraquinone.
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).
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.