Sodium Pyruvate Price Trend and Forecast

Sodium Pyruvate Regional Price Overview

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

Sodium Pyruvate Price Trend for Q1 of 2025

Asia

In Asia, the movements in the sodium pyruvate price curve during the first quarter of 2025 were influenced by volatility in the prices of its major feedstocks, namely caustic soda and pyruvic acid. The early part of the quarter saw some upward pressure on sodium pyruvate prices due to tighter caustic soda supply, a key feedstock in its production.
 

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Additionally, the production of pyruvic acid, derived from corn syrup, experienced some positive momentum, particularly in China, impacting sodium pyruvate cost dynamics. However, as the quarter progressed, prices stabilized in a more balanced supply-demand environment. With production and inventory levels normalizing across the region, sodium pyruvate prices were expected to experience limited fluctuations, moving within a narrow range due to a secure feedstock supply.

Europe

In Europe, sodium pyruvate pricing followed the trends of its upstream raw materials, particularly caustic soda and pyruvic acid. At the beginning of the quarter, prices faced upward pressure due to rising feedstock costs, as caustic soda supply remained tight, increasing production expenses. However, as the quarter advanced, European producers began adjusting production levels to better reflect the changing feedstock dynamics. This helped stabilize sodium pyruvate prices, as pyruvic acid availability became more consistent and upstream market volatility eased. Although some influence from broader economic factors in neighboring regions was felt, the overall trend remained relatively stable, with prices fluctuating within a tight band by the end of the quarter.

North America

In North America, sodium pyruvate price trends during Q1 2025 were shaped by movements in caustic soda and pyruvic acid prices. In the early part of the quarter, the market experienced a price increase driven mainly by rising caustic soda costs, which were affected by supply shortages. Simultaneously, upward pressure from pyruvic acid production reflected broader global market trends.

However, as the quarter progressed, the North American market began to stabilize, supported by improved inventory levels and more consistent supply of both caustic soda and pyruvic acid. By the end of the quarter, sodium pyruvate prices were moving within a relatively stable range, with minimal fluctuations, as the regional supply-demand situation became more balanced. The market outlook depended largely on the continued steadiness of feedstock prices and demand from end-use industries.

Analyst Insight

According to Procurement Resource, the sodium pyruvate price curve is likely to remain range-bound, driven by the stable variations in upstream market costs.
 

Sodium Pyruvate Price Trend for the Second Half of 2024

Asia

In Asia, the sodium pyruvate market experienced price volatility driven by fluctuations in upstream markets. Caustic soda, a key feedstock of sodium pyruvate, recorded moderate price increases due to production cutbacks and logistical challenges, particularly in China. Environmental regulations and maintenance shutdowns at key chlor-alkali plants limited supply, causing short-term price rises. Meanwhile, corn syrup prices in the upstream market trended downward amid oversupply, as weak import demand from major Asian nations such as China exerted downward pressure.

Despite these developments, sodium pyruvate demand remained stable, especially from the food processing and pharmaceutical sectors. However, logistical challenges, including weather-related delays in Southeast Asia, contributed to overall price fluctuations. In summary, while sodium pyruvate prices in Asia were generally stable, they experienced mild upward pressure due to tight caustic soda supply.

Europe

In Europe, sodium pyruvate price movements mirrored those in Asia, influenced by trends in both corn syrup and caustic soda. The European caustic soda market displayed mixed signals—initially firm due to strong industrial demand but later subdued by increased imports from other regions and declining consumption in sectors such as construction. Concurrently, corn syrup prices in Europe remained under pressure due to global oversupply, with record harvests reported in regions like France and Ukraine. Nevertheless, sodium pyruvate prices in Europe remained mostly stable, supported by consistent demand from the chemical and biotechnology industries. Still, the lack of substantial growth in consumption and competition from lower-cost imports prevented any significant upward price movement.

North America

In North America, sodium pyruvate prices during the latter half of 2024 were shaped by fluctuations in upstream markets. A record corn crop in the U.S. kept feedstock prices low, limiting upward pressure on sodium pyruvate. However, challenges in the caustic soda segment—such as hurricane-related disruptions and plant maintenance shutdowns—briefly constrained supply, triggering occasional price spikes. These factors caused short-term fluctuations in sodium pyruvate pricing, with a temporary surge in the fourth quarter due to pre-festive stocking, followed by stabilization at lower levels amid reduced year-end demand.

Analyst Insight

According to Procurement Resource, the sodium pyruvate price curve is expected to witness slight improvements, as steady demand from key industries and potential upstream supply disruptions may contribute to upward pricing pressure.
 

Sodium Pyruvate Price Trend for Q2 of 2024

Asia

During the second quarter of 2024, the price trend for sodium pyruvate in Asia was influenced by the performance of its feedstocks. The Asian caustic soda market remained relatively stable, though there were brief fluctuations caused by global supply chain disruptions, most notably from shipping delays and elevated freight rates early in the quarter. These issues were intensified by geopolitical tensions, including disruptions in the Suez Canal and a rush by Chinese exporters to avoid impending tariffs.

Despite these complications, subdued demand from downstream markets contributed to overall price stability. As supply constraints and logistical challenges were gradually accommodated, sodium pyruvate prices recorded only limited increases, aligning with the steady caustic soda trend. Meanwhile, Asian corn syrup, a feedstock for pyruvic acid, also experienced temporary fluctuations. Overall, the sodium pyruvate market exhibited a fluctuating trajectory throughout the second quarter of 2024.

Europe

In Europe, the price trend for sodium pyruvate in Q2 2024 mirrored that of the Asian market, driven by fluctuations in upstream inputs. While caustic soda prices experienced some volatility due to sluggish downstream demand, these shifts did not cause significant price variation in the sodium pyruvate market. European corn prices also declined, owing to reduced global trade and lower export volumes, which kept corn syrup prices, a key raw material for pyruvic acid, relatively stable. Additionally, the European market faced higher shipping costs and constrained feedstock availability, exerting mild pressure on sodium pyruvate prices. Despite headwinds such as rising energy costs and broader economic concerns, demand from the chemical and biotechnology sectors helped contain price oscillations within a narrow range in the region.

North America

Sodium pyruvate prices in North America during the second quarter displayed mixed patterns. The caustic soda market remained largely stable, with only minor fluctuations throughout the quarter, supported by a balanced supply-demand dynamic. The highest price levels were observed in the early part of the quarter, primarily due to logistical bottlenecks. Steady demand from the pharmaceutical, food, and agricultural sectors, along with an oversupply of feedstocks, contributed to maintaining a stable sodium pyruvate market. As a result, price movements remained limited, with no significant deviations during the quarter.

Analyst Insight

According to Procurement Resource, the sodium pyruvate price curve is expected to follow a range-bound pattern in the near term, as supply disruptions are likely to remain minimal.
 

Sodium Pyruvate Price Trend for Q1 of 2024

Asia

In response to shifting dynamics, China, a key player in the sodium pyruvate market, adopted a southward stance. Excessive imports and limited purchasing activity, particularly from the food additive and nutraceutical sectors, led to a surplus of the commodity, pressuring traders to destock the stocks at discounted rates to avoid storage costs. However, as the quarter progressed, the stabilization of sodium pyruvate prices in China hinted at an emerging equilibrium, potentially marking a phase of balanced supply-demand dynamics.

Although the influx of expensive overseas imports in the region and the resumption of downstream activities somehow supported the gradual recovery of the sodium pyruvate market, the traders still opted for a cautious stance and controlled the sudden surge in the prices of sodium pyruvate. As the traders adjusted their pricing strategies in accordance with the market trend, the manufacturers focused on balancing efficiency, cost-effectiveness, and market competitiveness.

Europe

In accordance with the global activities of the sodium pyruvate market, the European region also noticed oscillations in its pricing patterns. Initially, the market was supported by the rise in the end user food and beverage sector's production activities. But soon, the challenges presented by the changing economic landscape and fluctuating cost of feedstock chemicals resulted in the downward pressure on the sodium pyruvate market.

The traders also noticed a hesitation in the consumer spending patterns as the rising inflationary pressure and soaring rates of interest limited the consumer spending budget. Further, the escalating tensions at European ports, particularly in Germany, and the re-routing of the Red Sea trade route due to the increasing number of Houthi attacks raised the overall cost of transportation and led to additional delays in shipment arrival times, depreciating the overall sentiments of the sodium pyruvate price trend in the Q1 of 2024.

North America

In the first quarter of 2024, the sodium pyruvate market in North America underwent a downward price adjustment in the latter half after surging through the major parts of the first quarter. This pessimistic approach to the market was driven by a combination of factors, notably a decrease in demand from key downstream sectors. The pricing dynamics of sodium pyruvate were further heavily influenced by the demand trends in these downstream sectors.

The fluctuations in feedstock prices, both in exporting and major importing regions, further contributed to the shifting pricing landscape of sodium pyruvate. The moderation in prices was also caused by the decrease in raw material costs, particularly of sodium salts, which served as a crucial component in sodium pyruvate production. Additionally, operational challenges and subdued demand from the food and beverages sector also dampened the market momentum.

Analyst Insight

According to Procurement Resource, the price trend of Sodium Pyruvate is expected to struggle with the challenging and changing landscape of global maritime trade and the declining cost of feedstock chemicals in the near quarters of 2024.
 

Sodium Pyruvate Price Trend for the Second Half of 2023

Asia

The consistent surge in the pricing patterns of sodium pyruvate’s feedstock supported an uptrend in its market momentum, too. The higher inching of the prices was also viewed as the consequence of the strengthening of Asian currencies, particularly of the Chinese Yen as compared to the US dollar, escalating the profit margins derived from the overseas exports.

The market also registered a smooth and stagnant demand from the downstream industries, acting as a secondary contributor in keeping the trajectory of sodium pyruvate price trend in the northwards direction. However, the yearend holiday season and surging rates of interest did not work in favor of the sodium pyruvate market, leading to a cooling down of the prices by the end of the year.

Europe

In the European countries, sodium pyruvate prices attained stagnancy in the third quarter as the market witnessed improvement in the economic status and feedstock prices. The market also noted a smooth operation in the overseas demand, particularly with the Asian countries, and a significant increase in the number of domestic inquiries. The gap between the supply and demand sectors of the market was further expanded by the slow production rates of manufacturing industries.  However, in the fourth quarter, the inflationary pressure and surplus of inventories pushed the market towards the southward direction, leading to an eventual settlement of the prices on the lower end of the spectrum.

North America

The H2 of 2023 followed a similar trend as was observed in the Asian and European countries. The third quarter surge in the prices was nullified by the fourth quarter decline. Initially, the market reflected the surge in the cost of production and demand. Also, the market bore the ill consequences of the depreciation of the US Dollar, leading to an influx of expensive Asian imports. The inflationary pressure, however, slowed down, supporting the expansion in the spending budget of the consumers. However, the market momentum reversed in the last quarter as the downstream demand for the commodity adopted a dim outlook.

Analyst Insight

According to Procurement Resource, the prices of Sodium Pyruvate are estimated to struggle as the fluctuations in the feedstock prices and rising trading challenges will assert a negative influence on the pricing trajectory of sodium pyruvate.
 

Sodium Pyruvate Price Trend for the First Half of 2023

Sodium Pyruvate is primarily used in healthcare, research, and investigation laboratories as an energy source and probe. The prices are mostly dependent on feedstock dextrose and sodium hydroxide. In the first half of the year 2023, Sodium Pyruvate prices saw a hybrid market behavior, especially in the Asian region, with prices inclining in the first quarter and declining in the second.

Faced with high inflation, the European markets observed a demand dip with very limited buying queries, so the Sodium Pyruvate market remained in a slump for most of the said period. While in the North American region, Sodium Pyruvate had a slow start as the existing stocks were catering to the limited demands, but in the latter half, the market picked up some pace as the inventories began to run out.

Analyst Insight

According to Procurement Resource, the price trend for Sodium Pyruvate are likely to follow its fluctuating supply–demand dynamics in the upcoming months as well.
 

Sodium Pyruvate Price Trend for the Second Half of 2022

Asia Pacific

The prices for sodium pyruvate declined in the third quarter. The feedstock dextrose also saw a decline in prices as the end-user industries such as pharmaceutical, beverage, R&D industries, etc., decreased their demand. The price trend of sodium pyruvate was affected by the cuts in the prices implied by the Chinese manufacturers in order to stabilize the market.

In addition to these conditions, the fourth quarter also witnessed logistical difficulties and a surge in inflation rates. With a prolonged decline in prices, the interest of investors in this sector fluctuated. The Covid restrictions, rise in stocks, and surge in energy prices, all negatively impacted the sodium pyruvate market.

Europe

The price trend for sodium pyruvate was stable during the third quarter, however, it dipped during the fourth quarter in the European region. The third quarter was relatively stable due to the steady dynamics of supply and demand and consistent costs of manufacturing. The fourth quarter was, however, not favourable owing to the rise in inflation, ample availability of stock and port congestion.

North America

The North American market was steady in the third quarter of 2022. The region had stable demand from the end-user industries and ample and efficient supply from the manufacturers. The pharmaceutical industry was, however, reluctant in its inquiries, and exports were reduced due to low demand from the importing nations. The fourth quarter was then hit by high manufacturing costs due to a surge in inflation, logistical difficulties, a rise in transportation costs, and port congestion which adversely affected the sodium pyruvate market.

Analyst Insight

The prices of Sodium pyruvate are likely to decrease during the coming month given the low demand in the end-user industry market and the rise in inflation rates globally and increasing logistical difficulties.

Procurement Resource provides latest prices of Sodium Pyruvate. 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.