For the Quarter Ending March 2026
Vitamin A Prices in North America
- In United States, the Vitamin A Price Index rose quarter-over-quarter in Q1 2026, driven by tightened supply.
- The Consumer Price Index rose 3.3% and retail sales increased 4.0% in March 2026, supporting nutraceutical demand.
- The Producer Price Index climbed 4.0% in March 2026, reflecting an upward Vitamin A Production Cost Trend.
- The Manufacturing Index expanded and industrial production grew 0.7% in March 2026, ensuring steady baseline chemical consumption.
- Unemployment reached 4.3% and consumer confidence hit 91.8 in March 2026, sustaining household purchasing power for goods.
- The Vitamin A Demand Outlook strengthened as livestock feed consumption expanded across the agricultural sector in Q1 2026.
- Vessel diversions extended transit times and tightened import capacity into the domestic market during March 2026.
- The Vitamin A Price Forecast remained elevated as crude oil and citral feedstock costs spiked in March 2026.
Why did the price of Vitamin A change in March 2026 in North America?
- Non-Chinese supply tightened following an extended regulatory facility shutdown in the market during March 2026.
- Ongoing tariff implementations directly reshaped import costs into the United States market during Q1 2026.
- Citral feedstock production costs faced continuous upward pressure from sustainable manufacturing shifts in Q1 2026.
Vitamin A Prices in APAC
- In China, the Vitamin A Price Index rose quarter-over-quarter in Q1 2026, driven by severe domestic inventory shortages.
- The Vitamin A Demand Outlook strengthened in March 2026 as a 1.0% CPI increase supported stable animal feed consumption.
- The Vitamin A Production Cost Trend escalated in March 2026, aligning with a 0.5% PPI increase across sectors.
- Industrial production grew 5.7% and the Manufacturing Index expanded in March 2026, boosting downstream Vitamin A processing.
- Retail sales grew 1.7% while unemployment reached 5.4% in March 2026, limiting premium Vitamin A consumer applications.
- Consumer confidence hit 91.6 in February 2026, dampening discretionary consumer spending on Vitamin A dietary supplements.
- Vitamin A industry inventories plummeted to historic lows in March 2026 while overseas export volumes surged significantly.
- The Vitamin A Price Forecast remained elevated in Q1 2026 as domestic hog and poultry inventories stabilized.
Why did the price of Vitamin A change in March 2026 in APAC?
- Domestic feed demand rebounded and downstream enterprises engaged in concentrated restocking activities during Q1 2026.
- Supply risks for methanol and propylene feedstocks intensified, escalating overall production costs in March 2026.
- Global trade flows faced disruptions as ocean freight transit times lengthened significantly in Q1 2026.
Vitamin A Prices in Europe
- In Germany, the Vitamin A Price Index rose quarter-over-quarter in Q1 2026, driven by severe supply constraints.
- The Vitamin A Production Cost Trend increased in March 2026 as inflation reached 2.7 percent year-over-year.
- The Vitamin A Demand Outlook strengthened in Q1 2026 as poultry feed production expanded in January 2026.
- The Manufacturing Index expanded in March 2026, reflecting robust downstream chemical processing activity for Vitamin A.
- Vitamin A inventories depleted significantly in Q1 2026 due to an extended regulatory shutdown in Germany.
- Retail sales grew 0.7 percent year-over-year in February 2026, supporting steady consumer purchasing of nutritional supplements.
- The Vitamin A Price Forecast showed upward pressure in March 2026 as global availability constrained significantly.
- Producer prices declined 0.2 percent year-over-year in March 2026, reflecting easing upstream petrochemical raw material costs.
- A stable 4.2 percent unemployment rate in February 2026 sustained baseline household income for dietary supplements.
Why did the price of Vitamin A change in March 2026 in Europe?
- Manufacturing costs surged due to elevated energy and transportation expenses across Europe in March 2026.
- Global supply availability constrained as a major Asian producer temporarily suspended operations in March 2026.
- Stock levels tightened across European markets in March 2026, driving upward Vitamin A price momentum.
For the Quarter Ending December 2025
Vitamin A Prices in North America
- In United States, the Vitamin A Price Index rose quarter-over-quarter in Q4 2025, influenced by rising production costs.
- Vitamin A production costs increased in Q4 2025, driven by a 2.7% CPI year-over-year in December 2025.
- US natural gas spot prices strengthened in late 2025, impacting Vitamin A manufacturing expenses.
- Overall chemical industry demand was uneven in Q4 2025, creating a mixed Vitamin A demand outlook.
- Industrial production increased 2.0% year-over-year in December 2025, supporting Vitamin A demand.
- Retail sales rose 3.3% year-over-year in November 2025, boosting Vitamin A demand for consumer products.
- Chemical supply tightened in Q4 2025 due to permanent asset shutdowns, affecting Vitamin A availability.
- The Vitamin A Price Index is forecast to remain firm, reflecting sustained cost pressures and moderate demand.
Why did the price of Vitamin A change in December 2025 in North America?
- Vitamin A production costs rose due to a 3.0% year-over-year PPI increase in November 2025.
- Stronger US natural gas spot prices in late November and early December 2025 raised operational expenses.
- Chemical supply tightened in Q4 2025 from permanent asset shutdowns, impacting Vitamin A availability.
Vitamin A Prices in APAC
- In China, the Vitamin A Price Index fell quarter-over-quarter in Q4 2025, driven by weak domestic demand and easing production costs.
- Consumer Price Index rose by 0.8% year-over-year in December 2025, reflecting subdued consumer demand.
- Producer Price Index declined by 1.9% year-over-year in December 2025, indicating lower Vitamin A input costs.
- The Manufacturing Index expanded in December 2025, signaling growth in industrial activity.
- Industrial production increased by 5.2% year-over-year in December 2025, supporting demand from key consuming sectors.
- Coal prices, a significant energy feedstock, weakened into Q4 2025, contributing to lower Vitamin A production costs.
- China's chemical industry experienced persistent overcapacity throughout 2025, leading to overall market oversupply.
- Weak domestic demand in China during Q4 2025 impacted consumption of Vitamin A in consumer-facing applications.
Why did the price of Vitamin A change in December 2025 in APAC?
- Weak domestic demand in China during Q4 2025, with retail sales growing 0.9% year-over-year in December.
- Producer Price Index declined by 1.9% year-over-year in December 2025, reducing Vitamin A production cost pressures.
- Persistent overcapacity and expanding production in China's chemical industry throughout 2025 created market oversupply.
Vitamin A Prices in Europe
- In Germany, the Vitamin A Price Index fell quarter-over-quarter in Q4 2025, influenced by contracting manufacturing and weak consumer sentiment.
- Naphtha feedstock costs experienced a gradual upward trend in Northwest Europe during Q4 2025, impacting Vitamin A production costs.
- The Producer Price Index declined by 2.5% year-over-year in December 2025, indicating decreasing broader input costs for producers.
- Vitamin A demand was bearish due to a 'Contracting' Manufacturing Index and -17.5 consumer confidence in December 2025.
- Industrial production in Germany increased by 0.8% year-over-year in October 2025, offering modest support to industrial demand.
- Retail sales grew by 1.1% year-over-year in November 2025, providing slight support for consumer-facing Vitamin A applications.
- European chemical producers actively drew down inventories in 2025, adjusting operating rates in Q4 2025 to manage supply.
- The Vitamin A price forecast suggests continued stability or slight downward pressure, given persistent demand challenges in Q4 2025.
Why did the price of Vitamin A change in December 2025 in Europe?
- Weak demand resulted from 'Contracting' Manufacturing Index and -17.5 consumer confidence in December 2025.
- Naphtha feedstock costs rose in Q4 2025; Producer Price Index declined by 2.5% in December 2025.
- European producers drew down inventories, adjusting operating rates in Q4 2025, influencing supply.
For the Quarter Ending September 2025
North America
- In United States, the Vitamin A Price Index rose quarter-over-quarter in Q3 2025, driven by accelerating production costs.
- Vitamin A production costs accelerated in Q3 2025, influenced by a 2.6% PPI increase in August 2025.
- Overall chemical demand weakened in Q3 2025, despite a 5.42% retail sales increase in September 2025.
- Chemical industry inventories contracted in Q3 2025 due to accelerating destocking, impacting supply dynamics.
- Foreign orders for chemicals declined in Q3 2025, affecting Vitamin A trade flows.
- Henry Hub natural gas spot prices began to rise in September 2025, increasing energy feedstock costs.
- Pharmaceutical new drug approvals increased notably in Q3 2025, bolstering Vitamin A demand.
- Industrial production increased only 0.1% year-over-year in September 2025, indicating slow manufacturing growth.
- A 4.3% unemployment rate in September 2025 supported consumer purchasing power for Vitamin A products.
- Consumer confidence declined to 94.2 in September 2025, suggesting caution in discretionary spending.
Why did the price of Vitamin A change in September 2025 in North America?
- CPI increased 3.0% year-over-year in September 2025, raising raw material and energy costs.
- Industrial production increased only 0.1% year-over-year in September 2025, indicating weak industrial demand.
- Retail sales increased 5.42% year-over-year in September 2025, supporting consumer-facing Vitamin A demand.
APAC
- In China, the Vitamin A Price Index fell quarter-over-quarter in Q3 2025, influenced by weak consumer and producer prices.
- Vitamin A production costs remained stable in Q3 2025, despite elevated Asian LNG spot prices impacting energy inputs.
- Animal feed demand for Vitamin A strengthened in Q3 2025, driven by expanding livestock and poultry sectors.
- China's industrial production grew 6.5% year-on-year in September 2025, indicating increased manufacturing activity.
- Retail sales increased 3.0% year-on-year in September 2025, boosting demand for Vitamin A in consumer goods.
- The Manufacturing Index was contracting in September 2025, signaling reduced industrial output and lower Vitamin A demand.
- Structural oversupply and ample chemical inventories continued in Q3 2025, exerting downward pressure on Vitamin A prices.
- Consumer confidence remained pessimistic at 89.6 in September 2025, dampening discretionary Vitamin A demand.
Why did the price of Vitamin A change in September 2025 in APAC?
- Consumer confidence at 89.6 in September 2025 reduced discretionary spending for Vitamin A products.
- Contracting Manufacturing Index in September 2025 indicated lower industrial output, reducing Vitamin A demand.
- Structural oversupply and ample inventories in Q3 2025 pressured Vitamin A prices downwards.
Europe
- In Germany, the Vitamin A Price Index fell quarter-over-quarter in Q3 2025, influenced by reduced producer prices and contracting manufacturing.
- Vitamin A production costs faced mixed pressures; producer prices declined 1.7% in September 2025, yet raw material costs remained elevated.
- Overall Vitamin A demand weakened in Q3 2025, as industrial production decreased 1.0% in September 2025.
- Demand for Vitamin A in pharmaceuticals firmed in Q3 2025, and animal cattle feed demand showed moderate increases.
- Consumer demand for health-focused products strengthened in 2025, supported by stable unemployment at 6.3% in September 2025.
- German chemical industry order backlogs reached historically low levels in July 2025, indicating subdued capacity utilization.
- Elevated natural gas costs and projected electricity price increases challenged German chemical producers in Q3 2025.
- General inflation, indicated by a 2.4% CPI in September 2025, contributed to cost-push pressures on Vitamin A production.
Why did the price of Vitamin A change in September 2025 in Europe?
- Producer prices declined by 1.7% in September 2025, reducing Vitamin A manufacturing costs.
- Industrial production decreased by 1.0% in September 2025, weakening overall Vitamin A demand.
- Elevated raw material and energy costs, despite lower PPI, created upward pressure on Vitamin A production.
