Asia
In Asia, pyridine prices remained under pressure during the earlier part of 2025 as the agrochemical industry continued working through the inventory correction from the previous year. Chinese supply remained a major factor, keeping competition high and limiting producers’ ability to raise prices quickly. India remained an important consuming and importing market, with China continuing to account for a major share of Indian pyridine imports. At the same time, improving demand from agrochemicals and pharmaceuticals gradually supported purchasing activity. Jubilant Ingrevia reported that its pyridine and picoline portfolio recorded strong growth in FY2025, supported by demand recovery and improved pricing in selected molecules. Its broader Specialty Chemicals segment also benefited from higher capacity utilisation and stronger product volumes.
Europe
In Europe, pyridine demand remained closely linked to pharmaceutical and agrochemical manufacturing, while the broader chemical industry faced weak industrial conditions and competitive pressure from Asian supply. Import availability limited upward pricing momentum, particularly when downstream buyers adopted cautious procurement-strategies. The European market also became increasingly dependent on external sources for pyridine-related compounds. EU trade data for the broader CN 293339 pyridine-compound category showed that imports from China and India strengthened considerably over the longer term, reflecting the growing role of Asian suppliers in European chemical supply chains.
North America
In North America, pharmaceutical, agrochemical and specialty-chemical applications supported pyridine consumption, while domestic supply remained structurally limited. The closure of a competing US pyridine facility created an opportunity for alternative suppliers, with Jubilant Ingrevia reporting strong North American sales growth and capturing additional volumes following the competitor’s closure. However, the wider market remained sensitive to import availability, downstream inventory levels and feedstock economics.