Magnesium Stearate Price Trend, Chart, Index, Forecast and Demand

The price of magnesium stearate in the USA for Q2 2023 reached 970 USD/MT in June. The market situation in the USA is characterized by a resilient economic landscape, marked by favorable business activity, inflation, labor markets, and sentiment.


The latest report by IMARC, titled "Magnesium Stearate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," delivers a comprehensive analysis of Magnesium Stearate 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.

Magnesium Stearate  Prices December 2023:

  • United States: 970 USD/MT
  • China: 1410 USD/MT

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The study delves into the factors affecting Magnesium Stearate 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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Magnesium Stearate  Price Trend- Q4 2023

The magnesium stearate market in North America during the first quarter of 2024 has been primarily driven by a robust economic environment and increased demand across key sectors such as cosmetics, pharmaceuticals, and food industries. This period saw a heightened demand for bulk orders from the cosmetics industry, significantly impacting market prices. The reliance on imports, particularly from China, where seasonal shutdowns during the lunar new year further strained supplies, exacerbated the situation. Production halts led to limited inventories and forced market players to hike prices to maintain profit margins. Moreover, disruptions in global shipping, notably due to trade disputes in the Red Sea, contributed to higher shipping costs and delays, affecting the overall material availability and pushing prices upward.

The global magnesium stearate market size reached US$ 566.1 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 959.1 Million, at a projected CAGR of 6% during 2023-2032. In March 2024, the magnesium stearate market in North America was influenced by several critical factors. Persistent disruptions in global supply chains, especially in transit and shipping due to the ongoing Red Sea trade disputes, played a significant role. These disruptions led to increased shipping costs and logistical challenges, impacting the timely availability of magnesium stearate and pushing costs upward. The dependency on key imports remained a sensitive point, as any delay or increase in the cost of imports directly influenced domestic prices. Economic resilience in the US, marked by strong business activities and stable labor markets, also contributed to sustaining high demand, particularly from the downstream sectors. These factors combined with limited supply due to factory shutdowns in China during the lunar new year, led to a tight market with elevated prices.

In addition to these disruptions, currency fluctuations played a pivotal role. The strengthening of the dollar against other currencies made imports relatively cheaper and bolstered the domestic supply chain, albeit with delays. However, as freight costs began to stabilize towards the end of March, there was a noticeable adjustment in pricing strategies among market players. Traders and suppliers sought to optimize their profit margins by adjusting their quotations in response to the easing of freight expenses and the gradual resumption of production in China post-holiday. This scenario provided a somewhat relief to the market, although prices remained higher compared to previous periods. The dynamics of supply-demand, coupled with economic and logistic factors, shaped the pricing landscape of magnesium stearate, illustrating the complexity and interdependence of global markets and local economic factors.

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Key Points Covered in the Magnesium Stearate  Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

  • Magnesium Stearate Prices
  • Magnesium Stearate Price Trend
  • Magnesium Stearate Demand Supply
  • Magnesium Stearate Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Magnesium Stearate Price Analysis
  • Magnesium Stearate Industry Drivers, Restraints, and Opportunities
  • Magnesium Stearate 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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