Vitamin E Price Trends and Forecast
Get the latest insights on price movement and trend analysis of Vitamin E in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Vitamin E Price Trend for the First Half of 2023
Asia
Vitamin E, also known as alpha-tocopherol, is a liposoluble vitamin that prevents cellular oxidation and, thus, is a strong antioxidant. This antioxidant property is also used for various cosmetic purposes, as Vitamin E is known to protect the skin barrier as well. Various oils like sunflower and safflower naturally contain Vitamin E in them, and this is extracted through steam distillation processes for commercial production.
As the manufacturing industries were trying to revive in the post-lockdown Chinese market, the first quarter was rather positive for Vitamin E. With a steady growth in demands from food, cosmetics, personal care, pharma, nutraceuticals, etc., sectors, the price trends showed marginal improvements in the first three months.
However, with consistent production, the inventories started filling up soon. The downstream demands didn’t grow with the same momentum, and the gap between supply and demand dynamics widened.
This led to a gradual fall in Vitamin E prices in the second quarter. Even though the fluctuations were short ranged, the market shifted momentum.
Europe
Following the Asian market trends, the European Vitamin E market started on a positive note in the first quarter, while the market trends reversed in the second quarter. These variations in price patterns were primarily attributed to the import dependence of European pharma sectors and also the lack of upstream cost support.
North America
Replicating the global trends, the American market experienced mixed price trends for Vitamin E. A positive outlook in the first three months was owed to favorable demands from consuming sectors, while oversupplied inventory stocks facilitated the downfall in the second quarter.
Analyst Insight
According to Procurement Resource, given the current inventory situation, the Vitamin E price trends are likely to continue similar wavering patterns in the coming months.
Procurement Resource provides latest prices of Vitamin E. 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.
Vitamin E is basically a group of 8 fat-soluble compounds, which includes 4 tocopherols and 4 tocotrienols. Vitamin E is known as a fat-soluble antioxidant protecting cell membranes from reactive oxygen species. It has little odour or taste and is insoluble in water. It is found in a wide variety of plants, especially green vegetables, grains, and oils including safflower and sunflower. It is rich in antioxidants, and thus, is utilised for several applications.
Report Features | Details |
Product Name | Vitamin E |
Chemical Formula | C29H50O2 |
Industrial Uses | Food, Cosmetics, Personal care products, Vegetable oils and shortenings, Dietary supplements, Medications |
Molecular Weight | 430.7 g/mol |
Supplier Database | Penta Manufacturing Company, Charkit Chemical Company LLC, Acros Organics, DSM Nutritional Products AG |
Synonyms | alpha-Tocopherol |
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.
The most significant natural sources of vitamin E are plant oils and fats. The deodorisation of edible oils yields as a byproduct deodoriser sludges that contain tocopherol (Vitamin E) concentrations (3-15%). Several methods are available for the purification of tocopherols.
The fatty acids can be extracted and separated via distillation, preferably after esterification. After the elimination of the free fatty acids, the tocopherols can be concentrated by adsorption on basic ion exchangers.
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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