For the Quarter Ending March 2026
Vitamin K Prices in North America
- In United States, the Vitamin K Price Index rose quarter-over-quarter in Q1 2026, driven by elevated producer prices.
- The Vitamin K Production Cost Trend stabilized as the 4.0% PPI increase in March 2026 offset declining coal tar costs.
- Retail sales grew 4.0% and CPI reached 3.3% in March 2026, supporting dietary supplement consumption.
- The Vitamin K Demand Outlook remained steady as industrial production grew 0.7% year-over-year in March 2026.
- An unemployment rate of 4.3% and consumer confidence at 91.8 in March 2026 sustained baseline health purchases.
- The Manufacturing Index expanded in March 2026, reflecting robust downstream chemical blending and food processing activity.
- Animal feed demand fluctuated as beef output strengthened while broiler production weakened during February 2026.
- The Vitamin K Price Forecast reflected upward momentum throughout Q1 2026 due to sustained consumer wellness spending.
- United States buyers maintained cautious coal tar procurement strategies without large-scale inventory builds during Q1 2026.
Why did the price of Vitamin K change in March 2026 in North America?
- Elevated producer prices in March 2026 forced manufacturers to pass increased energy costs to buyers.
- Resilient retail sales growth in March 2026 drove consistent demand for premium dietary health supplements.
- United States trade policies drove strategic supplier realignments for coal tar feedstocks during Q1 2026.
Vitamin K Prices in APAC
- In China, the Vitamin K Price Index rose quarter-over-quarter in Q1 2026, driven by surging upstream naphtha feedstock costs.
- The Vitamin K Production Cost Trend increased during March 2026 as the Producer Price Index rose 0.5% year-over-year.
- The Vitamin K Demand Outlook remained steady for supplements in March 2026, supported by a 1.0% Consumer Price Index increase.
- Industrial production grew 5.7% year-over-year in March 2026, ensuring ample Vitamin K3 availability throughout Q1 2026.
- Retail sales grew slowly at 1.7% and unemployment reached 5.4% in March 2026, dampening premium Vitamin K supplement purchases.
- The Manufacturing Index expanded in March 2026, despite consumer confidence dropping to 91.6 in February 2026.
- Swine feed demand weakened as hog prices plummeted in March 2026, while poultry feed consumption strengthened in Q1 2026.
- The Vitamin K Price Forecast indicated upward pressure in March 2026 due to tightened chemical feedstock supplies and depleted inventories.
Why did the price of Vitamin K change in March 2026 in APAC?
- Upstream naphtha feedstock costs surged steeply in March 2026 following severe geopolitical shipping route disruptions.
- Chemical feedstock inventories depleted rapidly in March 2026 as refiners prioritized fuel over petrochemical production.
- Animal feed input costs spiked in March 2026, pressuring livestock margins and altering consumption patterns.
Vitamin K Prices in Europe
- In Germany, the Vitamin K Price Index rose quarter-over-quarter in Q1 2026, driven by surging feedstock costs.
- The Vitamin K Production Cost Trend increased as the 2.7% Consumer Price Index rise in March 2026 elevated expenses.
- Producer prices declined by -0.2% in March 2026, which slightly eased upstream pressures for basic synthetic precursors.
- The Manufacturing Index expanded in March 2026, which reflected a recovering Vitamin K Demand Outlook in pharmaceutical formulations.
- Stagnant industrial production at 0.0% and 0.7% retail sales growth in February 2026 reflected mixed downstream activity.
- A 4.2% unemployment rate in February 2026 sustained steady consumer purchasing for health and wellness products.
- Deeply negative consumer confidence at -24.7 in March 2026 negatively impacted demand for premium dietary supplements.
- The Vitamin K Price Forecast remained elevated as naphtha feedstock costs surged significantly in March 2026.
Why did the price of Vitamin K change in March 2026 in Europe?
- Naphtha feedstock and broader energy costs spiked sharply due to geopolitical conflicts in March 2026.
- Middle Eastern import volumes plummeted and regional petrochemical supply chains tightened significantly during March 2026.
- Expansionary fiscal policies stabilized broader industrial and agricultural consumption for Vitamin K in Jan 2026.
For the Quarter Ending December 2025
Vitamin K Prices in North America
- In United States, the Vitamin K Price Index rose quarter-over-quarter in Q4 2025, driven by increased input costs.
- Vitamin K production costs increased due to a 2.7% year-over-year CPI rise in December 2025.
- Rising input costs for downstream industries, indicated by a 3.0% year-over-year PPI increase in November 2025, impacted Vitamin K.
- Vitamin K demand was supported by a 2.0% year-over-year industrial production increase in December 2025.
- Robust consumer spending, with retail sales up 3.3% year-over-year in November 2025, boosted Vitamin K demand.
- The North American animal feed market expanded in 2025, driving Vitamin K demand.
- Crude oil prices declined considerably in Q4 2025 due to global oversupply, impacting energy feedstock costs.
- US chemical imports and exports reached multi-year lows in 2025, reflecting trade uncertainties in Q4 2025.
Why did the price of Vitamin K change in December 2025 in North America?
- Rising input costs for Vitamin K production were indicated by a 2.7% CPI increase in December 2025.
- Strong consumer spending, evidenced by a 3.3% retail sales increase in November 2025, boosted demand.
- Crude oil prices declined in Q4 2025 due to global oversupply, impacting some production costs.
Vitamin K Prices in APAC
- In China, the Vitamin K Price Index fell quarter-over-quarter in Q4 2025, driven by declining producer costs.
- Vitamin K production costs decreased in December 2025, as the Producer Price Index declined by 1.9% year-over-year.
- Naphtha feedstock spreads weakened towards the end of 2025, easing Vitamin K input costs.
- Vitamin K demand outlook was mixed in Q4 2025, with robust industrial growth contrasting weak consumer spending.
- Industrial production in China advanced by 5.2% year-over-year in December 2025, supporting demand.
- Retail sales grew only 0.9% year-over-year in December 2025, alongside 0.8% CPI, indicating subdued consumer demand.
- Manufacturing activity slightly increased in December 2025, following earlier contraction.
- Raw materials inventories were sufficient in December 2025, after declining in October.
- China's exports grew in 2025, with foreign orders rising in November 2025, boosting trade.
Why did the price of Vitamin K change in December 2025 in APAC?
- Producer Price Index declined by 1.9% year-over-year in December 2025, reducing production costs.
- Industrial production advanced by 5.2% year-over-year in December 2025, supporting demand.
- Retail sales grew only 0.9% year-over-year in December 2025, indicating weak consumer spending.
Vitamin K Prices in Europe
- In Germany, the Vitamin K Price Index remained stable quarter-over-quarter in Q4 2025, influenced by mixed macroeconomic signals.
- Vitamin K production costs faced upward pressure in Q4 2025 due to elevated raw material and uncompetitive energy costs.
- The Producer Price Index (PPI) declined by 2.5% year-over-year in December 2025, indicating decreasing input costs.
- The Consumer Price Index (CPI) rose by 1.8% year-over-year in December 2025, contributing to higher operational expenses.
- Vitamin K demand outlook was mixed; the Manufacturing Index showed a contracting trend in December 2025.
- Industrial production expanded modestly by 0.8% year-over-year in October 2025, offering slight support for Vitamin K demand.
- Retail sales increased by 1.1% year-over-year in November 2025, boosting consumer-facing Vitamin K applications.
- Weak export volumes and declining domestic orders in Q4 2025 negatively impacted Vitamin K trade flows.
Why did the price of Vitamin K change in December 2025 in Europe?
- Production costs were influenced by elevated raw material and energy expenses in Q4 2025.
- Demand was tempered by a contracting Manufacturing Index in December 2025 and weak export orders.
- Lower producer-level input costs, indicated by a -2.5% PPI in December 2025, offset some cost pressures.
For the Quarter Ending September 2025
North America
- In United States, the Vitamin K Price Index rose quarter-over-quarter in Q3 2025, driven by increased production costs.
- Vitamin K production costs increased, influenced by a 2.6% year-over-year PPI rise in August 2025.
- Natural gas prices strengthened throughout Q3 2025, contributing to higher energy feedstock costs.
- Robust consumer spending, up 5.42% year-over-year in September 2025, supported Vitamin K demand for human nutrition.
- Sluggish industrial activity, with 0.1% year-over-year industrial production growth in September 2025, tempered demand.
- General inflation, indicated by a 3.0% year-over-year CPI increase in September 2025, raised raw material costs.
- The 4.3% unemployment rate and declining consumer confidence in September 2025 impacted discretionary spending.
- U.S. crude oil inventories remained near five-year lows in Q3 2025; natural gas inventories were expected to fall.
Why did the price of Vitamin K change in September 2025 in North America?
- Increased production costs were driven by a 2.6% year-over-year PPI rise in August 2025 and strengthening natural gas prices.
- Robust retail sales, up 5.42% year-over-year in September 2025, supported demand for human nutrition applications.
- Sluggish industrial production, growing 0.1% year-over-year in September 2025, tempered demand from industrial sectors.
APAC
- In China, the Vitamin K Price Index fell quarter-over-quarter in Q3 2025, influenced by declining producer prices.
- Vitamin K production costs faced upward pressure from elevated natural gas and rising coal tar feedstock costs in Q3 2025.
- Human nutrition Vitamin K demand dampened by -0.3% CPI and 89.6 consumer confidence in September 2025.
- Pharmaceutical demand for Vitamin K strengthened in Q3 2025, driven by surging sector growth.
- Animal feed demand for Vitamin K expanded in Q3 2025, despite the Manufacturing Index contracting in September 2025.
- China's industrial production grew 6.5% year-over-year in September 2025, providing some support for Vitamin K demand.
- Strong pharmaceutical raw material exports from China in Q3 2025 indicated robust international demand for Vitamin K.
- The Vitamin K price forecast suggests continued downward pressure from weak domestic consumer spending and high energy costs.
Why did the price of Vitamin K change in September 2025 in APAC?
- Producer prices declined 2.3% year-over-year in September 2025, reducing overall pricing power for Vitamin K.
- Elevated natural gas and rising coal tar feedstock costs increased Vitamin K production burdens in Q3 2025.
- Weak consumer confidence (89.6 index) and -0.3% CPI in September 2025 dampened consumer-facing Vitamin K demand.
Europe
- In Germany, the Vitamin K Price Index fell quarter-over-quarter in Q3 2025, influenced by contracting manufacturing and lower producer prices.
- Vitamin K production costs saw mixed trends in Q3 2025; petrochemical feedstock weakened, but raw material costs were elevated.
- Industrial production declined by 1.0% in September 2025, indicating reduced demand for industrial chemical inputs like Vitamin K.
- The Manufacturing Index was contracting in Q3 2025, reflecting a slowdown in manufacturing activity and weaker demand.
- Retail sales rose 0.2% in September 2025, offering some support for human nutrition applications of Vitamin K.
- Pharmaceutical sector output firmed and proved resilient in Q3 2025, providing stability for Vitamin K demand.
- Ample European chemical inventories and low capacity utilization in Q3 2025 suggested downward pressure on prices.
- Producer prices of industrial products decreased by 1.7% in September 2025, mainly due to lower energy costs.
Why did the price of Vitamin K change in September 2025 in Europe?
- Lower producer prices, down 1.7% in September 2025, reduced Vitamin K manufacturing costs.
- Contracting Manufacturing Index in Q3 2025 and declining industrial production weakened overall demand.
- Ample inventories and declining German chemical export demand exerted downward pressure on prices.
