Isopropyl Myristate Price Trend and Forecast

Isopropyl Myristate Regional Price Overview

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

Isopropyl Myristate (IPM) Price Trend for the First Half of 2025

Asia

In the first half of 2025, the Isopropyl Myristate market in Asia saw mixed movement, largely shaped by the weak performance of its key feedstock and sluggish demand across end-user industries. Limited activity in the pharmaceutical, personal care, and cosmetics sectors kept consumption subdued.
 

Isopropyl Myristate Pric Chart

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Ample availability of raw materials due to consistent production in countries like China helped keep input costs manageable. However, oversupply issues and cautious procurement trends among domestic buyers prevented any significant price gains. Export demand remained quiet, especially during and after regional holidays, further adding to the market’s softness. As a result, producers maintained stable-to-soft pricing strategies to manage inventories and support sales.

Europe

In Europe, Isopropyl Myristate prices remained mostly stable with a slight downward bias during H1’25. The main reasons were low demand from downstream industries like skincare, haircare, and topical pharma formulations, combined with high availability of key raw materials. Buyers showed hesitation in placing large orders due to ongoing economic uncertainties, inflation concerns, and policy shifts.

Additionally, currency strength occasionally made imported materials more affordable, putting pressure on local producers to stay competitive. Despite minor supply chain hiccups at some European ports, overall market conditions stayed balanced, with no major disruptions to influence price upward.

North America

North America witnessed more variation in Isopropyl Myristate prices during this period. Early in the year, severe winter weather led to temporary supply tightness of feedstock, which caused short-term price spikes. However, these gains didn’t last, as downstream demand stayed weak throughout the region, especially from the cosmetics and personal care segments.

Production levels normalized once weather conditions improved, leading to steady inventory buildup. Consumer sentiment remained cautious amid economic pressures, and market activity was largely limited to routine purchases. Prices softened in the later part of the half as supply outweighed demand.

Analyst Insight

According to Procurement Resource, Isopropyl Myristate prices are expected to remain range-bound, with future trends depending on feedstock stability and gradual recovery in downstream demand.
 

Isopropyl Myristate Price Trend for the Second Half of 2024

Asia

In the second half of 2024, the Isopropyl Myristate (IPM) market in Asia experienced mixed price movements, primarily influenced by fluctuations in feedstock availability and downstream demand. The falling cost of isopropyl alcohol, a key input, weighed on production costs, especially in China where weak industrial demand and lower feedstock prices led to a consistent decline in market sentiment.

On the other hand, the rising cost of fatty acid precursors, derived from vegetable-based oils, added some upward pressure, though this was offset by oversupplied conditions and subdued buying from personal care and cosmetic manufacturers. Countries like India saw more stable pricing trends due to steady consumption from the pharmaceutical sector.

Europe

In Europe, the IPM market faced a largely bearish tone during H2’24. Isopropyl alcohol prices remained under pressure throughout the period due to economic uncertainty and weak demand from industrial sectors. This kept raw material costs low for IPM producers. However, sluggish consumer spending and reduced activity in the cosmetics and personal care industries meant that any production cost advantages did not translate into price gains.

The market remained largely stable but tilted slightly downward as sellers competed in a low-demand environment. Seasonal demand toward the end of the year brought minimal improvement.

North America

North America witnessed a softening in IPM prices as well, driven by a combination of stable production and weak downstream demand. With ample availability of isopropyl alcohol and a steady supply of fatty acids, production costs stayed manageable.

However, limited exports and slow domestic consumption particularly in the personal hygiene and healthcare sectors kept pressure on pricing. Some price stability returned late in the year as year-end restocking helped absorb excess inventories.

Analyst Insight

According to Procurement Resource, Isopropyl Myristate prices may show mild fluctuations, closely tied to feedstock trends and regional consumption recovery, especially in the cosmetic and pharma sectors.
 

Isopropyl Myristate Price Trend for the First Half of 2024

Isopropyl Myristate (IPM) is an ester derived from isopropyl alcohol and myristic acid, commonly used in cosmetics and pharmaceuticals for its emollient properties, making products feel smooth and non-greasy. Widely utilized in skincare, hair care, and transdermal drug delivery systems. During the first half of the year 2024, the Isopropyl Myristate prices showcased subtle fluctuations for the entire span. Primarily influenced by the fluctuations in its feedstock materials, isopropanol and myristate acid.

The year started on a firm note as the manufacturing constraints with rising energy prices and raw material costs, the upstream cost pressure remained sustained for the majority of the first quarter, however, as the second quarter progressed, oversupplied stocks started accumulating in the inventories, the price trajectory started shifting to the southern side a little bit. Overall, mixed market sentiments were witnessed for Isopropyl Myristate for the majority of the said duration of H1’24.

Analyst Insight

According to Procurement Resource, Isopropyl Myristate prices are likely to stabilize moving ahead in the coming months; the current supply and demand equation suggests buoyancy in prices going forward.
 

Isopropyl Myristate Price Trend for the Second Half of 2023

Following the market behavior of its feedstock isopropyl alcohol, isopropyl myristate prices also fluctuated during the last two quarters of 2023. In the Asian market, the first three months were observed to be relatively stable as the supply and demand outlooks still had better coordination. However, the market situation got a little tepid during the final quarter of the year; the inventories were running high, and the demands from the cosmetics and perfuming industries were not as supportive of the price trend, so the price graph dropped around the later months. The situation of the European and American markets was also not much different as the prices consistently oscillated here as well.

Analyst insight

According to Procurement Resource, the market projection for Isopropyl Myristate doesn’t look very different from the current trend as the prices are expected to fluctuate going forward as well.
 

Isopropyl Myristate Price Trend for the First Half of 2023

The price trend for isopropyl myristate closely mimicked the price trend for its feedstock isopropyl alcohol. The price trend were primarily driven by the market demands from downstream cosmetic and perfuming industries.

In the Asian region, prices were mostly weak since the buyers were still hesitant as the market was struggling to revive. After the restrictions were lifted, the suppliers started hoarding the product to protect the business from losses. This practice, though, had a temporary supporting impact but could not aid the situation completely as the prices again started plunging by the middle of Q2.

The European and American isopropyl myristate markets didn’t behave in any different manner as market trend remained southward facing for most of the discussed period. Overall, dull market sentiments were observed with low swinging price trend.

Analyst insight

According to Procurement Resource, the Isopropyl Myristate market is expected to behave in a similar manner, given the current global inflation rates and demand uncertainties.

Procurement Resource provides latest prices of Isopropyl Myristate. 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.