Oxybenzone Price Trend and Forecast

Oxybenzone Regional Price Overview

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

 

Oxybenzone Price Trend for the First Half of 2024

Asia

The Asian market for oxybenzone began the year on a cautiously optimistic note. The influence of rising crude oil prices initially buoyed the market, with producers experiencing consistent demand from the cosmetics and skincare industries. However, as the first quarter progressed, a noticeable fluctuation emerged, attributed to supply chain constraints and variable production levels.
 

Oxybenzone Price Chart

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By the second quarter, demand stabilized due to increased activity in the personal care sector, although a mix of moderate purchasing interest and limited domestic supply tempered any significant price spikes. Overall, the regional trend reflected a balance between buoyancy and fluctuation as the market adjusted to changing supply conditions.

Europe

In Europe, oxybenzone prices demonstrated a mixed performance throughout H1 2024. The market faced challenges due to geopolitical tensions affecting trade routes, which complicated the supply of raw materials. Despite these obstacles, downstream demand from the cosmetic and pharmaceutical sectors remained steady, helping to maintain a semblance of stability in prices. While there were moments of price growth linked to the rising costs of upstream materials, overall market performance was characterized by cautious optimism. The oscillation in prices suggested that while some segments were buoyant, others remained constrained by external pressures.

North America

The North American oxybenzone market presented a different narrative. The first quarter saw a decline in prices, driven by logistic issues and reduced demand from various consumer sectors. As the second quarter approached, however, there was a modest recovery as downstream industries began to ramp up production in anticipation of seasonal demand. Yet, the market remained sensitive to fluctuations in raw material costs, leading to a pattern of stabilization rather than outright growth. The conflicting trends within the region indicated that while some areas showed signs of improvement, others were still grappling with ongoing challenges.

Analyst Insight

According to Procurement Resource, Looking ahead, market analysts anticipate that the trends for oxybenzone will remain closely tied to the broader economic indicators, including feedstock costs and downstream demand. As various regions navigate their unique challenges, the overall outlook suggests a continuation of mixed sentiments.

Procurement Resource provides latest prices of Oxybenzone. 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.