Product
Vitamin E Price Trends and Forecast
Vitamin E Price Trends and Forecast
Regional Price Overview
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.
About
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.
Product Details
| 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.
Production Processes
- Production of Vitamin E via Plant Oils and Fats; via Vacuum Steam Distillation of Edible Vegetable Oil Products; and via Condensation of 2,3,6-Trimethylhydroquinone With Phytol
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.
Methodology
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).
Table Of Contents
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.