Benzoic Acid Price Chart, Trend, Graph, Demand and Forecast

North America Benzoic Acid Prices Movement:

Benzoic Acid Prices Movement in the United States:

In Q2, the Benzoic Acid Price Index in the U.S. reached 1240 USD/MT in June, reflecting a price drop due to strong imports, lower demand, and reduced freight charges. The Benzoic Acid Price Chart showed subdued market activity despite seasonal increases, driven by a stronger dollar and ample inventory from previous purchases.

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APAC Benzoic Acid Prices Movement:

Benzoic Acid Prices in China:

The Benzoic Acid Price Index in China settled at 1140 USD/MT in June. The Benzoic Acid Price Chart indicated price pressure from strong domestic and international demand, rising energy costs, and freight expenses. A significant production shutdown added to supply constraints, though early-quarter inventory surpluses temporarily softened prices before tightening in June.

Regional Analysis: The price analysis can be extended to provide detailed Benzoic Acid Prices information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, the Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hong Kong, Singapore, Australia, and New Zealand, among other Asian countries.

Europe Benzoic Acid Prices Movement:

Benzoic Acid Price in Germany:

Benzoic acid prices in Germany reached 1260 USD/MT in June 2024, reflecting inflationary pressures and higher feedstock prices. The Benzoic Acid Price Chart mirrored price fluctuations due to logistical delays and the U.S. dollar’s appreciation. Despite an initial inventory surplus, the rise in seasonal demand contributed to continued price volatility through Q2.

Regional Analysis: The price analysis can be expanded to include detailed Benzoic Acid price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

Factors Affecting Benzoic Acid Supply and Prices

The Benzoic Acid Price Index is influenced by feedstock costs, production rates, and energy prices. Seasonal demand, fluctuations in international trade, and freight charges also play key roles. Supply disruptions, such as production shutdowns, and currency fluctuations, particularly the strength of the U.S. dollar, impact global prices. The Benzoic Acid Price Chart often reflects these complex supply chain dynamics and demand shifts.

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Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
• Spot Prices by Major Ports
• Price Breakup
• Price Trends by Region
• Factors influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How IMARC Pricing Database Can Help

The latest IMARC Group study, "Benzoic Acid Price, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition," presents a detailed analysis of Benzoic Acid Price trend, offering key insights into global Benzoic Acid market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Benzoic Acid demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa.

IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

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