Acrylonitrile Prices, Price Trend, Demand & Supply, Industry Analysis | IMARC Group

North America Acrylonitrile Prices Movement Last Quarter:

Acrylonitrile Prices in United States:

Throughout the third quarter of 2024, the U.S. Acrylonitrile Price was seen with significant volatility, evidencing a complex relationship of forces operating in the marketplace. First, prices were subdued by sluggish demand from major consuming industries like building and auto, resulting in depressed consumption rates. Yet as the quarter advanced, increasing feedstock prices-particularly natural gas-pushed production costs upward, helping fuel a dramatic surge in prices. Towards the end of the quarter, supply availability gains were partially mitigated by disruptions due to storms, causing short-term volatility. The Acrylonitrile Price Trend for this time frames the sensitivity of the market to changing supply-demand balances and input prices, and the Acrylonitrile Price Forecast indicates ongoing uncertainty as global supply chains and industrial demand continue to be unpredictable.

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APAC Acrylonitrile Prices Movement Last Quarter:

Acrylonitrile Prices in China:

During the final quarter of 2024, the Acrylonitrile Price in China followed a gradual falling trend, reaching approximately 1,100 USD/MT by the month of December. The decline was largely caused by a continuing oversupply within the market combined with subdued demand from core industrial sectors like construction and automotive. Seasonal slack and poor weather conditions also curbed industrial activity, particularly the use of acrylonitrile-derived substances like ABS and NBR. Also, declining feedstock prices and record high inventories further strengthened the bearish Acrylonitrile Price Trend. Based on the most recent Acrylonitrile Price Forecast, barring any resurgence in demand or production cutbacks, bearish pressure on prices can persist well into 2025, an indication of risk-averse market mood in the region.

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

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

Europe Acrylonitrile Prices Movement Last Quarter:

Acrylonitrile Prices in Germany:

During the last quarter of 2024, the Acrylonitrile Price in Germany saw a significant drop, reaching 1,200 USD/MT towards the end of September. The decline was mostly due to soft demand from major industries like construction and automotive, which lowered market activity considerably. Moreover, excessive inventory built up during the initial half of the year continued to put pressure on prices, with seasonal slowdowns further limiting consumption. Adding to this is the increased cost of operations that made it increasingly challenging for manufacturers to stay profitable. In the Acrylonitrile Price Trend and the latest Acrylonitrile Price Forecasts, if there is not a recovery in downstream demand or cuts in output in production, then prices will remain under pressure in the short term.

Regional Analysis: The price analysis can be expanded to include detailed acrylonitrile 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.

What is The Price Forecast for Acrylonitrile:

The acrylonitrile price forecast indicates a modest rise in the next few months, mainly due to firm demand from sectors like textiles, automotive, and construction. With improving global economic conditions, demand for acrylonitrile is likely to be stable, especially with the continued expansion in acrylic fiber and plastic production. Nevertheless, price volatility may result from fluctuations in raw material prices, particularly propylene and ammonia. In addition, supply chain disruptions and increasing energy prices could also put upward pressure on prices, but any meaningful supply glitches or geopolitical upheavals would also impact market stability. In general, the outlook is for subdued price growth in acrylonitrile, with attention to stabilizing demand and production expenses.

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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
o Spot Prices by Major Ports
o Price Breakup
o Price Trends by Region
o 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, "Acrylonitrile Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition," presents a detailed analysis of Acrylonitrile price trend, offering key insights into global Acrylonitrile 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 Acrylonitrile 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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