Pectin Price Trend and Forecast

Pectin Regional Price Overview

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

 

Pectin Price Trend for the First Half of 2024

Pectin, a soluble gelatinous polysaccharide, is extracted from citrus fruits and is primarily consumed in the food and pharma industries. During the first half of the year 2024, the prices showcased a mixed trend depending upon regional supply and demand dynamics. At the beginning of the year, prices were steady in the Asian markets in the early first quarter. As the quarter progressed, the prices turned southwards because of a combination of many factors like high inventories, reduced downstream demand, and cautious procurement. A slight recovery was seen at the shift of quarters.
 

Pectin Price Chart

Pectin Price Trend

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The supply was adversely affected in many parts in the second quarter. The climatic effects reduced the yield and compromised the quality of raw materials and source agriculture commodities. This made the extraction of Pectin difficult as the availability of feedstocks was lowered. Apart from this, citrus production faced another challenge because of the Huanglongbing (HLB) disease. During the said period it affected the plantations in the U.S.A., Brazil, and China.

The plants affected by the disease showed poor juice quality, reduced fruit size, and tree mortality. This all affected the supply of citrus fruits, which in turn affected the production of Pectin. Additionally, high freight charges and limited product availability disrupted the supply of the commodity. Geopolitical issues such as the Israel-Gaza war and the Red Sea crisis added to the logistical challenges. Therefore, some price inclines for pectin were seen in Asia and the USA at the beginning and end of the second quarter. However, the general market trend remained buoyant for the most part.

Analyst Insight

According to Procurement Resource, pectin prices are likely to fluctuate within very narrow limits in the upcoming quarter as well, since the demands are not projecting much change, and the supply outlook also appears stable.

Procurement Resource provides latest prices of Pectin. 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 Pectin

Pectin is a natural polysaccharide found in the cell walls of fruits and vegetables, playing a crucial role in maintaining their structure. It is commonly used as a gelling agent in food production, particularly in jams, jellies, and fruit preserves, due to its ability to form a gel when combined with sugar and acid. Pectin is also valued for its health benefits, as it can aid digestion, lower cholesterol levels, and stabilize blood sugar. Additionally, it is often used in dietary supplements for its prebiotic properties.

Pectin Product Details

Report Features Details
Product Name Pectin
Chemical Formula C6H12O6
CAS number 9000-69-5
HS Code 13022000
Industrial Uses Food Industry (thickening and gelling agent), Confectionery (jams and jellies), Dairy Products (yogurts and desserts), Beverages (fruit juices and smoothies), Bakery Products (glazes and fillings), Nutraceuticals (dietary supplements), Pharmaceuticals (stabilizer and excipient), Cosmetics (emulsifier and thickener)
Supplier Database Cargill Incorporated, Royal DSM, Herbstreith and Fox Corporate Group, International Flavors & Fragrances, JM Huber Corporation
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.

Pectin Production Processes

Pectin Production by acid extraction method. The preparation of pectin, an organic compound, is carried out by the acid extraction method. In this process, raw materials such as apple pomace and citrus peels are treated within an acidic medium. Acids such as sulfuric acid or hydrochloric acid are used to extract the resultant from the organic wastes in the form of precipitates and later filtered to obtain pectin as the final product.

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).

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