Sodium Propionate Price Trend and Forecast

Regional Price Overview

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

Sodium Propionate Price Trend for the Q1 of 2024


Standing parallel to the global sodium propionate market, Asian sodium propionate prices also witnessed a trend of increasing prices due to its critical role in various industries like food, pharmaceuticals, and agriculture. China, a major producer, and exporter of sodium propionate, started the quarter on the lower end; however, as the quarter progressed, the dynamics of the market improved tremendously, supporting an uptrend in the prices of sodium propionate.

Sodium Propionate Price Chart

Sodium Propionate Price Trends

Please Login or Subscribe to Access the Sodium Propionate Price Chart Data

Post-Lunar New Year and Spring Festival holidays, a surge in bulk orders from both domestic and international markets was observed, raising market confidence as production facilities resumed operations. Additionally, dwindling sodium propionate inventories in China, coupled with heightened demand, further fueled the price surge.


Sodium propionate's importance as a preservative across various industries drove its demand dynamics during Q1 of 2024 in European countries. Its versatility in applications spanning food and feed sectors to industrial domains like plastics and materials production further expanded its consumer base. This surge in demand was also propelled by factors such as robust economic conditions, supply chain disruptions, geopolitical tensions, and rising raw material costs.

The spike in propionic acid prices in the middle of the first quarter further elevated sodium propionate production cost, giving a boost to the price trend of sodium propionate. Additionally, the ongoing challenges in the trading routes due to the geopolitical tensions led by the Israel-Hamas crises and rising sanctions on Russian imports also supported the uptrend in the market projections of sodium hypochlorite in the first quarter.

North America

The United States witnessed a slow and gradual rise in sodium propionate prices, influenced by several factors during Q1 of 2024. The warmer weather conditions since January stimulated economic activity, but disruptions in shipping routes, notably in the Red Sea region, elevated the shipping costs and delays, impacting the supply chain.

With heavy reliance on China as a primary exporter, the US faced heightened freight charges, raising the price quotation of sodium propionate imports. Additionally, rising prices of the raw material, propionic acid, further inflate production costs, supporting the upward trend in sodium propionate price. The traders also noticed a deficit in the domestic production volumes as many of the production plants underwent unprecedented maintenance shutdowns, further supporting a surge in the price trend of sodium hypochlorite.

Analyst Insight

According to Procurement Resource, the price trend of Sodium Propionate is expected to register a slow and gradual improvisation in the overall market sentiments as the downstream demand and rising cost of feedstock prices are likely to support the northward movement of sodium propionate price trend.

Sodium Propionate Price Trend for the October - December of 2023


Since sodium propionate is produced using feedstocks such as sodium hydroxide and propionic acid, any minor fluctuation in the latter is readily mimicked in the former. The Chinese sodium propionate price trend showcased some positive movement in the market; however, the Indian domestic market was mostly observed to be wavering at the lower end of the price curve.

The most prominent usage of sodium propionate comes from the preservative industry, particularly in the animal feed and food sectors. However, the market offtakes from the aforementioned industries were feeble and lacked the supplier’s interest. Overflowing inventory levels put added pressure on sodium propionate prices. Overall, low swinging price trend were witnessed during the final three months of the year 2023.


The European market sentiments for sodium propionate were influenced heavily by the Asian market during the final quarter of 2023. The prices were observed to be dwelling on the lower side of the price graph. The supply chain obstacles created because of the Israel-Hamas conflict also had a role in the wavering price patterns. Overall, dull market sentiments were observed in Q4’23.

North America

The North American sodium propionate market performance was not much different from its Asian and European counterparts as the price trend were observed to fluctuate within a limited scope here as well. The general market sentiments varied throughout the three months; the lowered demands, difficult logistics, and supply routes amid high inflation rates further complicated the market dynamics.

Analyst Insight

According to Procurement Resource, Sodium Propionate price trend are expected to follow a similar trajectory in the coming months as the existing inventory stocks will likely be able to cater to the immediate/current demand projections.

Sodium Propionate Price Trend for the July - September of 2023


Sodium Propionate price analysis for the Asian region reported an underwhelming performance during the third quarter of the year 2023. With mild reverse tribulations, the price graphs were mostly tilted downwards.

The feedstock materials propionic acid and sodium hydroxide provided some valuable upstream cost support even though the trend suggest otherwise; similarly, the demands were also low to moderate but could not influence the sodium propionate market trend in a very positive manner. Existing unused inventory stocks had the biggest influence on the sodium propionate prices.

Since the Chinese industries have been struggling for a long time to stand back to the pre-COVID levels, the consumption of sodium propionate has been on the lower side, especially from the chemical industries. Moreover, because of the acquired skepticism about outside food during the pandemic times, the sodium propionate demands from food-preserving industries also tumbled. This led to an excess growth of stockpiles and ultimately resulted in the crashing of market rates. The suppliers were forced to discount the sodium propionate prices in order to facilitate positive product movement.


The European market sentiments mimicked that of its Asian counterpart. The sliding freight and crude oil costs, coupled with low demands and overstocked inventories, affected the pricing fundamentals. Overall, the market performance has been majorly disappointing during the discussed span of Q3’23.

North America

The American sodium propionate market could not behave in a very different manner than the global markets; the prices slid down consistently in the region. The high inflation amidst the economic downturn affected the market trend. Overall, muted market sentiments were observed.

Analyst Insight

According to Procurement Resource, not much improvement is expected for Sodium Propionate price trend in the coming months since the economic uncertainties are still lingering.

Sodium Propionate Price Trend for the First Half of 2023


The price trend of sodium propionate inclined in the first quarter of 2023 as the raw material costs rose significantly, positively impacting the sodium propionate prices. Another major factor for the rise in prices was the positive market momentum of the Chinese pharmaceutical sector and consistency in the number of orders from domestic and international buyers.

In the second quarter, the market sentiments of sodium propionate declined with falling demand from the downstream industries. The lower number of inquiries, along with high uncertainties in the feedstock market, further aided the downward movement of the sodium propionate price trend.


The European market in the first quarter of 2023 witnessed a rising trajectory. The market dynamics of this region were almost similar to that observed in Asia-Pacific. The prices in the first quarter were supported by higher trade volume, stable supply-demand dynamics, and rising costs of raw materials. As observed in the Asia Pacific region, the trend plunged in the second quarter of 2023.

The demand from downstream industries and declining costs of raw materials negatively impacted the sodium propionate market. In addition, strict regulations over the energy prices by the government for the revival of the European economy forced the manufacturers to decrease their production outputs and eventually led to the decline in the price trend of sodium propionate.

North America

In the first quarter, the prices of sodium propionate gradually inclined due to high demand from the pharmaceutical sector. In the later months of this quarter, the trend stabilized as the freight charges declined and the market had an ample number of inventories. However, a noticeable price dip was seen in the second quarter. The sliding demand, falling energy costs, and weak movement of the global economy pushed the price trend of sodium propionate into the negative region.

Analyst Insight

According to Procurement Resource, the price of sodium propionate is estimated to showcase a falling trajectory as the demand from end-user industries is declining gradually, and the slowdown of the global economy will affect the market negatively.

Procurement Resource provides latest prices of Sodium Propionate. 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.

Sample Dashboard

Please Login or Subscribe to explore our dashboard.


Sodium propionate is a chemical compound with the formula C3H5NaO2. It is the sodium salt of propionic acid. As a food preservative, it inhibits mold growth and prolongs the shelf life of various food products, including bread, bakery items, and processed meats. Additionally, sodium propionate finds are used in animal feed to prevent spoilage and maintain freshness.

Product Details

Report Features Details
Product Name Sodium Propionate
Chemical formula C3H5NaO2
Industrial Uses Animal feed, Chemical intermediates, Food preservation
HS Code 29155000
CAS Number 137-40-6
Molecular weight 96.07 g/mol
Supplier Database Fine Organics Industries Pvt Ltd, Dr. Paul Lohmann GmbH & Co. KGaA, Jainex Speciality Chemicals, Titan Biotech Ltd, Qingdao Jiutai Biotechnology 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 propionic acid with sodium hydroxide in presence of hydrogen peroxide and water as oxidizing agents produces sodium propionate as the final product.


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).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Table Of Contents

Our Clients


Get in Touch With Us


Phone:+1 307 363 1045


Phone: +91 1203185500


Phone: +44 7537 132103



Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.