Sodium Nitrite Price Trend and Forecast

Regional Price Trend

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

Sodium Nitrite Price Trend for the First Half of 2023


The sodium nitrite market fluctuated in the first and second quarters of 2023 as the demand from the food and beverages sector improved throughout the quarter. But the rising level of inventories and hikes in interest rates, and inflation in the region remained a challenge for the sodium nitrite prices. In addition to this, the purchasing capacity of consumers and investments reduced significantly with the slump in demand from North America and European nations, which ultimately led to the fall in the price trend of sodium nitrite in the Asia-Pacific region.


In the first quarter, the prices of sodium nitrite fluctuated as the market was affected by the weak market dynamics of the European markets due to the rising inflation rates and high volatility in the economic conditions of the region. The disrupted economy led to a fall in the confidence of consumers that, in turn, decreased their purchasing potential. However, the trend improved in the second quarter with support from the downstream food industries. The extreme weather conditions pushed consumers to buy sodium nitrite, that had supported the growth of the sodium nitrite price trend.

North America

In North America, a mixed trend in sodium nitrite prices was seen. In the initial phase, support from the food and beverages industries supported the surge in the prices of sodium nitrite. But with the onset of the second quarter, the prices began to decline as a high influx of cheap imports from the Asian countries boosted the level of inventories and led to the decline in prices.

The government also adopted strict monetary policies to curb the financial crises caused by the failure of two major US banks. It also negatively impacted the prices of sodium nitrite. However, the market showcased some signs of recovery in the last month of the second quarter with a rise in demand and stabilized interest rates.

Analyst Insight

According to Procurement Resource, the price trend of Sodium Nitrite is estimated to showcase an oscillating trajectory as the demand and global economic conditions are highly uncertain.

Procurement Resource provides latest prices of Sodium Nitrite. 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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Sodium nitrite is a crystalline white powder with high solubility in water. It is a widely used food preservative and in addition it is also employed in dye production, corrosion inhibition, and as a reagent in chemical industries. However, sodium nitrite is toxic in high concentrations and can also produce hazardous chemicals when combined with other substances.

Product Details

Report Features Details
Product Name Sodium Nitrite
Chemical formula NaNO2
Industrial Uses Food preservation, Pharmaceuticals, Dye and pigment industry, Rubber industry, Water treatment
CAS Number 7632-00-0
Molecular weight 68.995 g/mol
HS Code 28341010
Supplier Database BASF, Solvay S.A, Sumitomo Chemical Co., Ltd., Yara International ASA, Mitsubishi Chemical Corporation, Puyang Longquan Chemical Co., Ltd
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 Processes

The reaction of alkaline aqueous solution of sodium carbonate or sodium hydroxide with nitrogen oxide gives sodium nitrite in the presence of a suitable catalyst.


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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