Monosodium Glutamate (MSG) Price Trend: Real Time Data, Index and Forecast

Monosodium Glutamate (MSG) 30 MESH Price Trend and Market Outlook - CIF India

The price of Monosodium Glutamate (MSG) 30 MESH has seen a consistent year-on-year (YoY) decline in the Indian market, based on CIF (Cost, Insurance, and Freight) import terms. This trend reflects broader shifts in global supply-demand dynamics and changing input costs affecting MSG production and trade.

In October 2024, MSG prices stood at USD 1,032 per metric ton, marking a 13% decrease compared to USD 1,185/MT in October 2023. This decline suggests a weakening demand or an oversupply in key exporting countries. The downward trajectory continued in November 2024, with prices dropping to USD 1,016/MT, a 16% YoY decrease from USD 1,212/MT the previous year.

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By December 2024, MSG prices reached USD 989/MT, reflecting an 18% drop from USD 1,199/MT in December 2023. This significant dip may be attributed to lower raw material costs, competitive international pricing-particularly from China-and sluggish demand from the food processing sector.

According to Expert Market Research, MSG prices may continue to face downward pressure during the first half of 2025, largely due to high inventory levels and weak demand from key markets such as Southeast Asia and India. However, a potential recovery is expected by mid-2025, driven by a projected rebound in the foodservice industry, renewed demand from processed food manufacturers, and stabilization of global trade routes.

While the MSG market remains under short-term pricing pressure, the long-term outlook points toward moderate recovery. Importers and distributors should monitor international supply trends closely, particularly from China and Southeast Asia, as well as shifts in consumer food preferences that could influence demand in 2025.

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Global Trade Overview of Monosodium Glutamate (MSG) 30 MESH: Key Exporters, Importers, and Suppliers

Leading Exporting Countries

The global market for Monosodium Glutamate (MSG) 30 MESH is driven by a strong base of exporting countries, with China maintaining its position as the dominant global supplier. Other significant exporters include Thailand, Indonesia, Brazil, France, Taiwan, the Netherlands, and the United States. These countries benefit from advanced fermentation technology, established industrial-scale food additive production, and export-focused infrastructure. Asian exporters, particularly China and Southeast Asian nations, account for a major share due to cost-effective manufacturing and strong supply chain networks.

Top Importing Countries

MSG continues to see strong demand in emerging and developed economies alike. Leading importers include Vietnam, Nigeria, Japan, Malaysia, Spain, the Philippines, India, and South Korea. Countries like Vietnam, Nigeria, and the Philippines rely heavily on imports to support their domestic food industries, particularly in the production of processed and convenience foods. Meanwhile, Japan and South Korea import MSG despite their own production capabilities, likely due to quality preferences, pricing, or specific product sourcing.

Major Global Suppliers

The MSG supply chain is anchored by several prominent multinational companies. Ajinomoto Co., Inc. (Japan) is one of the oldest and most recognized names in the MSG industry. From China, Fufeng Group, Meihua Group, Ningxia Eppen Biotech Co., Ltd., COFCO, and Shandong Linghua MSG Co., Ltd. dominate global production and exports, benefiting from economies of scale. Other key players include Vedan International Limited (Hong Kong) and Kyowa Hakka Bio Co Ltd. (Japan), both known for their quality and technological innovation.

The MSG market remains highly globalized, with Asia leading in both production and export volumes. As demand patterns evolve, especially in the food processing and hospitality sectors, the balance of trade may continue shifting based on regional consumption trends and manufacturing capacity.

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Report Scope:
• Historical Price Data and Analysis, 2021-2024
o Historical Price Data - Monthly
o Grade-Wise Price Fluctuation
o Correlation with Feedstock Price Movement
o Key Market Opportunities and Risks
• Price Outlook
o Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
o Long-Term Price Forecast (2 years), 2025-2026
o Price Influencing Factors
• Supply and Demand Analysis
o Global Market Supply Analysis (2021-2026)
o Global Market Demand Analysis (2021-2026)
o Demand-Supply Gap Analysis
o Historical Dynamics (2021-2024)
o Market Dynamics (Drivers and Constraints)
o Top 5 Deficit Countries with Net Import
o Top 5 Surplus Countries with Net Export
• Cost Breakdown of Tin Plate
o Direct Cost
o Indirect Costs
o Tax and Regulatory Costs
o Profit Margin
• Latest Industry News
o Recent Developments
o Geopolitical Events
o Insights From Government Data and Industries Bodies
• Key Macroeconomic Indicators
o GDP Growth
o Inflation Rates
o Currency Exchange Rates
o Impact on Commodity Prices

How Claight Corporation (Expert Market Research) Database Can Help

The latest report by Expert Market Research, "Monosodium Glutamate (MSG) Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for monosodium glutamate (MSG). Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.

Drawing from in-depth research, the report analyses the primary factors influencing monosodium glutamate (MSG) prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.

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