Calcium Propionate Price In USA
- United States: 993 USD/MT
Despite these challenges, the market showed resilience, ending the quarter with calcium propionate priced at 993 USD/MT, reflecting a 1.48% quarterly increase.
The latest report by IMARC, titled "Calcium Propionate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of Calcium Propionate prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Calcium Propionate Prices December 2023:
- United States: 993 USD/MT
- China: 865 USD/MT
- Germany: 981 USD/MT
Report Offering:
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The study delves into the factors affecting Calcium Propionate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Calcium Propionate Price Trend- Q4 2023
Calcium Propionate, a widely used preservative in the food industry, is experiencing a notable surge in market demand. This upswing is primarily driven by the increasing consumer preference for preserved food products that offer extended shelf life without compromising on health. The shift toward clean label ingredients, reflecting a move away from artificial preservatives, further bolsters calcium propionate's appeal as a safe and effective option. Additionally, its versatility across a broad spectrum of food applications, including bread, processed meat, dairy products, and animal feed, amplifies its utility. The rising awareness about food safety and preservation, coupled with the global expansion of the processed food industry, underscores the growth trajectory of the calcium propionate market. As industries strive for cost-effective solutions to ensure food safety and extend product shelf life, calcium propionate emerges as a favorable choice, underpinning its market dynamics.
Calcium Propionate Market Analysis
The global calcium propionate market size reached US$ 392.4 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 588.6 Million, at a projected CAGR of 4.60% during 2023-2032. In the last quarter, several factors have influenced the pricing dynamics of calcium propionate, reflecting a complex interplay of supply chain logistics, raw material availability, and global market trends. Initially, the cost of raw materials, such as propionic acid, which is pivotal in the production of calcium propionate, saw fluctuations due to volatile crude oil prices and the operational capacities of chemical plants. These fluctuations directly impacted production costs, leading to adjustments in the market price of calcium propionate. Furthermore, logistical challenges, including transportation bottlenecks and the escalating costs associated with shipping and handling, have exerted upward pressure on prices. The global logistical disruptions, partly a residual effect of the pandemic and geopolitical tensions in key regions, have complicated the supply chain, affected the timely distribution of calcium propionate and contributed to price volatility.
Moreover, regulatory policies and environmental considerations have played a significant role in shaping the market. Increasingly stringent environmental regulations in major producing countries have necessitated investments in cleaner and more sustainable production technologies, indirectly influencing production costs and, consequently, market prices. The demand side has also been a significant factor, with spikes in consumption in the food and beverage sector driving the market. Seasonal demand variations, particularly in industries reliant on preserved food products, have led to periodic adjustments in calcium propionate prices. The combined effect of these supply and demand dynamics, coupled with macroeconomic factors such as inflation rates and currency fluctuations, has culminated in the observed pricing trends for calcium propionate in the last quarter, reflecting the multifaceted influences that continue to shape the market landscape. The calcium propionate market in North America, especially in the USA, performed inconsistently in the fourth quarter of 2023. The spike in production prices during this time had a significant effect on the calcium propionate market in the United States. Market sentiment was further shaped by the US Federal Reserve's announcement of a possible interest rate of 5.5%. APAC saw a mixed quarter in calcium propionate pricing in Q4 2023, which was driven by a number of factors. Due to a rise in end-user demand, prices spiked at the start of Q4. Several changes occurred in the European calcium propionate market in the fourth quarter of 2023. Seasonal consumption patterns and a positive outlook contributed to a consistent increase in the demand for calcium propionate.
Browse Full Report: https://www.imarcgroup.com/calcium-propionate-pricing-report
Key Points Covered in the Calcium Propionate Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Calcium Propionate Price Chart
- Calcium Propionate Price Trend
- Calcium Propionate Demand & Supply
- Calcium Propionate Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Calcium Propionate Price Analysis
- Calcium Propionate Industry Drivers, Restraints, and Opportunities
- Calcium Propionate News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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