Saccharin Price Trend and Forecast

Regional Price Overview

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

Saccharin Price Trend for the Second Half of 2023


The outlook of the Asian countries was modest during the third quarter of 2023. Still, in the fourth quarter, the interest of consumers increased significantly, giving the market a boost throughout the quarter. The main cause of this robust demand was the rise in awareness regarding the risk of natural sugar and the substantial incline in the cases of diabetes. Additionally, the exponential rise in market activities during the last quarter was based on the winter holiday and festive season in Asian countries. The food and flavor sector also witnessed a spike in their market activities, exerting a positive influence on the saccharin price trend.

Saccharin Price Chart

Saccharin Price Trends

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The trajectory of the saccharin price trend in the European countries was no different from the Asian region. Throughout the year, the market registered a remarkable inclination as it was backed by positive consumer sentiments. However, the European economy saw a number of obstacles in the form of rising challenges in the form of sanctions on Russian imports and loss of import and export shipments due to the onset of the Israel-Hamas crisis. However, the rise in the appetite of domestic consumers stabilized the movement of saccharin prices in the region.

North America

The depreciation in the first two quarters of 2023 in the prices of saccharin was overturned in the last two quarters. The purchasing sentiments of consumers gradually improved in the third and fourth quarters of 2023, which positively impacted the saccharin prices. Additionally, the decline in overseas imports, constricted supply chains, and rise in demand in the winter season all worked in favor of the saccharin market in North America.

Analyst Insight

According to Procurement Resource, the price trend of Saccharin is expected to incline in the next quarter as the upswing in demand and rising interest of consumers is in favor of the inclination in saccharin prices.

Saccharin Price Trend for the First Half of 2023


Saccharin market exhibited mixed price sentiments in the Asian region in the first half of 2023. The market started slow, continuing the downward trend from the last year as the demands in the market were still low, and inventories could easily support whatever limited demands were there. But as the quarter shifted, some normalization was noticed in the market as the prices started moving upward, supported by the reviving demands in the Chinese market as the Lunar New Year Holidays presented fresh demands from the sweetening industries. But, after a short relief, the market again turned south owing to the dip in demand again.


After a long downhill ride in the previous year, Saccharin prices started rising in the European market in the first two quarters of 2023. As the European economies started finding ways to work around the hindrances caused by the Russia – Ukraine conflict, the stabilization process started with new trade routes and supply chains.

A full-fledged opening of the Chinese market post-lockdown also supported the positive price sentiments in the European markets. With normalized supply chains and freight mediums, a wavering but supportive market sentiment was observed around Saccharin during the period under discussion.

North America

Contrary to the global Saccharin markets, the American Saccharin market depreciated during the first half of 2023. Overfilled inventories amidst a declining demand pattern from the downstream industries caused the Saccharin price trend to decline. Some reverse fluctuations were observed at the quarter shift, but the overall market sentiment was observed to be dull.

Analyst Insight

According to Procurement Resource, the price trend for Saccharin are expected to continue fluctuating owing to trade stabilization amid oscillating demand and lowering upstream costs.

For the Second, Third and Fourth Quarters of 2022


In the second quarter of 2022, the toluene price trend turned south as the demands started dipping since the COVID-19 pandemic had slowed down the industries worldwide, but the Chinese enterprises faced even longer lockdowns. So, the Saccharin prices shifted downward in the second quarter. But as the lockdown opened and the market looked for revival, the downstream sectors were still struggling as the consumer sentiment was severely impacted because of the shut-off economy. As Saccharin is a non-nutrient sweetener, demands from the consumer sectors remained dull. Overall, the Saccharin prices exhibited downward trend throughout the last three quarters of the year 2022.


In the European market, Saccharin prices started with an upward trend in the second quarter of 2022, as the crude oil prices kept rising since the Russian supplies were hindered in the wake of the Russian invasion of Ukraine. As the prices kept rising uncontrollably, a sharp decline in downstream and end-consumer demands was noticed. The saccharin market experienced a demand destruction in the second half of the year 2022. The overall market sentiment was observed to be negative around Saccharin during the discussed period.

North America

The price trend of Saccharin remained fluctuating in the American region throughout the said period. Several factors, such as high upstream costs because of high crude oil prices as well as consistently low demands from the downstream markets, kept tugging the Saccharin prices. Overall, a mixed market sentiment was observed for Saccharin around the discussed period in the American market.

Analyst insight

According to Procurement Resource, the price trend for Saccharin are expected to continue fluctuating, given the market volatilities and bearish demand sentiments.

For the First Quarter of 2022


Toluene prices in Asia Pacific began to rise in the first quarter of 2022. Upstream crude prices have risen as a result of the Russia-Ukraine war, producing a price spike in the Toluene market, which led to a volatility in saccharin prices as well. The disruption of commerce and port congestion induced by the reinstatement of COVID in China also altered the regional market's toluene price trajectory.

Furthermore, the rising demand for downstream paint, ink, and adhesives has driven up the price of toluene. Furthermore, increased freight costs have strengthened the Toluene market in the region. Thus, the CFR price of toluene in India had stabilised at 815 USD/MT by the quarter ending March 2022.


Because of rising demand from the regional market, toluene prices climbed in the first quarter of 2022. Increased demand for ink, paints, and adhesives led the price hike. Furthermore, geopolitical tensions influenced upstream crude, negatively impacting petroleum feedstocks and producing rail and road traffic bottlenecks across the Black Sea.

In addition, the continuation of Europe's energy crisis, which began when Russian gas was banned after their invasion of Ukraine, resulted in a significant price increase. As a result, the FOB price of toluene in Germany was anticipated at 1150 USD/MT in March 2022. Saccharin prices followed the price trend of toluene.

North America

Due to rising demand from downstream sectors such as paints, adhesives, and glues, toluene prices surged in the first quarter of 2022. Furthermore, the crisis between Russia and Ukraine caused a surge in upstream Crude and feedstock Benzene prices, which damaged the Toluene market. Furthermore, shipments were redirected during the Russian invasion, slowing supplies and damaging the Toluene price trend.

Increasing fuel prices and freight costs also had an impact on the toluene market. Furthermore, the energy issue has driven up costs since the United States put sanctions on Russian gas. Toluene was priced at 1225 USD/MT in March 2022 in the United States.

For the Fourth Quarter of 2021


In the last quarter of 2021, the price of toluene in Asia varied by country. The price in China changed throughout the quarter due to changes in benzene pricing as well as variations in demand. From October to November, the price in Shanghai went from 993 USD/MT to 1022 USD/MT before dropping to 915 USD/MT in December 2021. A similar trend was observed in India, where prices fell by 115 USD/MT from October to December 2021. The drop in price was caused by a plentiful supply of toluene and benzene. The saccharin market too witnessed price variations depending on the region throughout the quarter.


Due to low supply from manufacturers, the market in Europe saw an increase in toluene pricing in the fourth quarter of 2021. Due to the COVID-19 epidemic, imports from Asia were restricted and decreased, resulting in a supply shortfall among local manufacturers. Due to a rise in natural gas prices, production levels were likewise low. From October 2021 to December 2021, the price in Hamburg climbed by 75 USD/MT, reaching 910 USD/MT. This led to a jump in saccharin prices as well.

North America

As large producers such as Dow and ExxonMobil resumed toluene production in September, prices began to fall in the fourth quarter of 2021, supported by adequate supply of the product. Throughout the quarter, the demand picture remained relatively constant.

A drop in crude oil prices resulted in an increase in the price of benzene, which, combined with limited demand, had an impact on toluene and its derivatives price, like that of saccharin, in the region. Another explanation for the price drop was that consumers were unwilling to stock big supplies of toluene. The price in the United States was 853 USD/MT in December 2021.

For First, Second and Third Quarters of 2021


As India's chemical industry began to recover from the pandemic, toluene prices began to rise steadily and gradually. As state governments removed transportation constraints, demand grew in tandem with rising levels of petrochemical usage. The Chinese government increased levies on imported commodities, including aromatics, resulting in a considerable price increase. As a result, by the end of quarter 2, the chemical's pricing trend in China's domestic market had changed. In June, prices in Shanghai were estimated to be around 740 USD/MT.

Demand dynamics in Asia were booming, as demand continued to rise due to rising consumption levels in the coating and paint industries, as well as increased building construction. In the third quarter of 2021, toluene prices grew in response to rising demand, which in turn, increased the prices of saccharin. Industry increased its operating costs for plant operations, resulting in an increase in domestic demand. Prices reached as high as 824 USD/MT by the conclusion of the third quarter. However, due to the volatile crude oil market, it was not as high as predicted.


Toluene supplies were rationed in Europe in the first quarter of 2021, owing to a drop in demand caused by pandemic-induced lockdowns that impacted mobility, transportation, and the economy, resulting in low toluene as well as saccharin demand. In the first quarter of 2021, the price in Germany was 598 USD/MT. Due to the delay in resuming operations at the BASF Ludwigshafen plant, supplies in the European region was constrained. Imports from the United States increased product supply as demand increased due to growing consumption in the coating and paint sectors as building construction increased.

The pricing trend saw a modest rise as a result of a surge in demand across the region. In the second quarter of 2021, the price in Germany was 746 USD/MT. During the third quarter of 2021 in Europe, the total market for the chemical experienced a mixed bag of emotions. The price dropped in September as the crude oil market declined. The quarter's prices were influenced by the fact that demand remained sluggish and trade was lower in early September. Germany's toluene price fell from 805 USD/MT to 755 USD/MT in the third quarter of 2021, indicating a negative trend.

North America

Plant activities were halted due to maintenance requirements in the first quarter of 2021, limiting the supply of toluene, a key feedstock for saccharin production. Due to the extreme cold and adverse weather conditions in the United States, production lines were disrupted, leading to a rise in domestic prices. Domestic buyers were forced to switch to international shipments from Asia because of the rising prices of domestically produced toluene.

In the first quarter, prices were around 910 USD/MT. The petrochemical industries were driven to replenish their supply deficit following the aftermath of the Uri storm, which resulted in a considerable improvement in their supplies as compared to the previous quarter. Saccharin prices followed a similar pattern.

Because of rising consumption levels in the coating and painting sectors as building construction rose, demand for the chemical surged in the market. Several spot buyers rushed to enhance their toluene stock supplies as hurricanes were forecast in the United States. Prices were stabilised at 845 USD/MT at the conclusion of the second quarter.

In the third quarter of 2021, prices in North America were generally unchanged as leading toluene manufacturers, such as Dow and ExxonMobil, began toluene production and therefore increased supply in the market. Following then, demand peaked due to unplanned lockdowns, and prices remained mainly unchanged. Prices were range-bound as demand from downstream markets like saccharin was still recovering. In the third quarter, the market price jumped to 990 USD/MT.

For the Year 2020


The COVID-19 pandemic severely impacted toluene markets in Asia in 2020, with markets failing to recover from decreased demand. Supplies skyrocketed in China as local dealers attempted to boost their sales through export routes, resulting in an increase in the chemical's entry into Southeast Asia. Unpredictable swings in natural gas prices and uncertain demand dynamics aided further price declines. The saccharin market was similarly impacted by the covid-19 pandemic with reduced demands from the food industry. The average price per metric tonne of the chemical was around 637 USD.


The chemical's market shrank as its consumption fell in Europe. Producers were impacted by the price decline and attempted to minimise their operating costs. The demand for toluene was also influenced by several turnarounds in downstream operations. Due to the pandemic, prices in Germany fell from 565 USD/MT in the first quarter to 357 USD/MT in the second. However, in the third quarter, they increased to 425 USD/MT and remained constant for the rest of the year. Saccharin prices in Europe were also affected by the price rise of toluene in Q3 2020.

North America

The increased supply in Asia, as well as natural disasters and hurricanes that misdirected imports, impacted US markets. Following the pandemic, transportation became more readily available, which raised demand. Producers cut their operational expenses, and suppliers relied on export demand to keep their businesses afloat. Toluene prices in the United States dropped from 1000 USD/MT in the first quarter of 2020 to as low as 780 USD/MT in the fourth quarter. A similar trend was witnessed in saccharin prices as well.

Procurement Resource provides latest prices of Saccharin. 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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Saccharin, also known as sodium saccharin is an organic, petroleum-based compound utilised as an artificial sweetener. It is about 300–400 times as sweet as sucrose although it has a bitter or metallic aftertaste, particularly at high concentrations. Saccharin is often utilised to sweeten products for example candies, beverages, cookies, and medicines.

Product Details

Report Features Details
Product Name Saccharin
Industrial Uses Sweetener, Beverages and low-calorie foods, Pharmaceuticals, Toothpaste and dental hygiene products, Chemicals, Cosmetics, Agriculture, Adhesives
Chemical Formula C7H5NO3S
Synonyms Sodium saccharin, Benzoic sulfimide, 1,1-dioxo-1,2-benzothiazol-3-one
Molecular Weight 183.19g/mol
Supplier Database Kaifeng Xinghua Fine Chemical Ltd, Shanghai Merry Yang Enterprise Co. Ltd, Tianjin North Food Co. Ltd, Blue Circle Organics Pvt. Ltd, Vishnu Chemicals Limited, Organic Industries Pvt. Ltd, Salvi Chemicals
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.

Production Process

  • Production of Saccharin via Ramsen-Fahlberg Process; and via Maumee Process

In Maumee process, the methyl anthranilate reacts with nitrous acid, that is, sodium nitrite and hydrochloric acid, followed by the successive reactions with sulphur dioxide, chlorine, and then ammonia to finally produce Saccharin.


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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