Salicylaldehyde Price Trend and Forecast

Salicylaldehyde Regional Price Overview

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

Salicylaldehyde Price Trend for the First Half of 2025

Asia

During the first half of 2025, salicylaldehyde prices in Asia showed mild upward movement, primarily driven by rising feedstock costs. The regional benzene market experienced a price increase in early February, impacting the cost structure of downstream products like salicylaldehyde.
 

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Tighter phenol supply—used in its synthesis—also added to cost pressures, especially as European producers faced disruptions. Despite this, oversupply and soft downstream demand in broader chemical markets kept the price increase in check. Demand from pharmaceuticals and agrochemicals held relatively stable, particularly in China and India, supporting modest price resilience. However, competitive pressure from lower-cost producers kept margins narrow.

Europe

European salicylaldehyde prices remained largely unstable throughout H1’25. Phenol market volatility, coupled with high energy costs and carbon tax implications, led to production constraints. Plant closures—including announcements like Ineos shutting its phenol unit in Gladbeck—tightened phenol availability, indirectly raising salicylaldehyde production costs.

Despite some short-lived price rebounds in February due to higher benzene prices, the market was weighed down by weak construction sector demand and chemical overcapacity. The resulting cost-push inflation in the upstream was not always matched by downstream demand, causing inconsistent pricing and margin pressure.

North America

In North America, salicylaldehyde prices showed greater stability. Tariff-related developments created market uncertainty, particularly regarding imports of fragrance and pharmaceutical components, yet domestic production managed to balance supply-demand conditions.

The pharmaceutical sector’s steady demand for intermediates like salicylaldehyde, combined with firm chloroform market conditions and stable methanol supply, helped avoid sharp price swings. However, concerns over broader tariff implications and global market shifts kept sentiment cautious.

Analyst Insight

According to Procurement Resource, Salicylaldehyde prices are expected to remain moderately volatile, influenced by feedstock trends and geopolitical trade measures. Supply chain adjustments and energy policy changes may further impact regional pricing dynamics in H2’25.
 

Salicylaldehyde Price Trend for the Year 2024

Asia

In 2024, the Asian Salicylaldehyde market followed a varied trend influenced by fluctuations in upstream Phenol and Chloroform prices, both of which are key feedstocks in its production. In the first half of the year, prices rose steadily due to tight supply conditions and higher production costs, particularly in India and China.

The rise in crude oil and naphtha costs, along with limited feedstock availability, kept the market firm. However, as the year progressed into Q3 and Q4, Salicylaldehyde prices in the region came under pressure. This was due to improved supply from domestic production units, resumption of operations at key plants, and softening feedstock prices, especially Phenol and Chloroform. Buyers across downstream industries like pharmaceuticals and flavors were cautious in their procurement strategies, leading to a subdued demand environment in the latter part of the year.

Europe

The European Salicylaldehyde market experienced a generally downward trend in 2024, reflecting the region's weak economic climate and sluggish demand from end-use sectors. The construction and chemical industries, major consumers of Salicylaldehyde derivatives, continued to struggle throughout the year.

Feedstock Phenol prices showed occasional firmness early on due to energy cost fluctuations, but later declined, mirroring broader global trends. Chloroform prices remained soft due to excess supply and cheaper imports from Asia. All of these factors contributed to lowered production costs, but the lack of strong downstream pull limited any price gains.

North America

In North America, the market showed mixed movement during 2024. Early in the year, prices edged lower due to low demand and logistical challenges impacting trade flows. Feedstock Chloroform and Phenol saw some price recovery in Q3, driven by seasonal demand and stockpiling ahead of the holiday season. However, by Q4, prices began to ease again due to falling crude oil values and weak downstream industries such as polycarbonates and pharmaceuticals. Political uncertainty around the U.S. elections also made market players hesitant to make large-volume commitments.

Analyst Insight

According to Procurement Resource, Salicylaldehyde prices may show limited movement unless there is a strong shift in feedstock costs or a clear revival in downstream demand.
 

Salicylaldehyde Price Trend for the Second Half of 2023

Salicylaldehyde acts as a key intermediate in pharmaceuticals, fragrances, and agrochemicals. Its role in the synthesis of anti-inflammatory drugs and flavoring agents has contributed to its steady demand in the past few quarters. Additionally, the increasing focus on research and development activities aimed at discovering new applications, particularly in the cosmetics and pharmaceutical industries, further fuel market growth.

The salicylaldehyde market in Asia experienced mixed trends during the Q3 and Q4 of 2023. Initially, the Indian market faced sluggishness due to overflowing inventory stocks but rebounded swiftly as market demands surged, leading to upward price trends by the end of the last quarter. Similarly, in Europe, market trends for salicylaldehyde fluctuated, largely influenced by feedstock prices such as phenol and sodium hydroxide. In North America, the salicylaldehyde market followed a similar pattern to global trends.

The supply constraints drive prices upward and result in narrow fluctuations, particularly in the end months of the year, predominantly favoring positive trends. Overall, despite initial challenges such as overflowing inventories and supply hindrances, the salicylaldehyde market in major regions exhibited resilience and ended the quarter with upward price movements and relatively stable trends.

Analyst Insight

According to Procurement Resource, the price trend of Salicylaldehyde is expected to remain stable in the upcoming months as the expansion of its industrial usage provides stagnancy to the market and protects it from sudden disturbances.
 

Salicylaldehyde Price Trend for the First Half of 2023

Salicylaldehyde is primarily used in flavor, aroma, chemical, and other industries. So, the prices depend mostly on the downstream demands from these industries and the feedstock prices, in this case, Phenol and Chloroform.

Salicylaldehyde prices varied as per its feedstock prices throughout the first half of 2023. In the Asian market, high inventories and low demands kept the market on its toes, as a low swinging price trend for Salicylaldehyde was observed. Some reverse fluctuations were seen at the shift of quarters, but an overall declining market behavior was observed.

Similarly, in the American and European markets, a mixed price trend was observed for Salicylaldehyde as the prices were tugged between various factors like transportation costs and supply chains. However, a large part of the Salicylaldehyde market in Europe and America, being dependent on Asian imports, registered a low-wavered price pattern in H1’23.

Analyst insight

According to Procurement Resource, the price trend for Salicylaldehyde are expected to continue behaving in a similar manner since the determining factors like upstream costs and downstream demands appear to be unsettled/volatile.

Procurement Resource provides latest prices of Salicylaldehyde. 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.