November 2024 Market Report

Dear Valued Customers,

Please take a look at the latest market updates for November 2024. Please contact your dedicated sales representative if you have any inquiries or need assistance with these or any other materials.

 

Creatine Monohydrate

Almost all manufacturers are overbooked in Q4, which we could see a slightly increased pricing and a supply issue through Chinese New Year 2025.

Glutamine

Pricing and supply are very stable. Currently, two Japanese manufacturers are overstocked, which is helping price and supply remain stable. We see this stability remain in place through Q2 2025.

BCAA

Pricing and supply will remain stable in the foreseeable future. Isoleucine and Valine are coming down, while Leucine is rising. The pricing being down for two of the three amino acids in BCAA is helping pricing stabilize.

Arginine Series (Base, HCl, AKG)

Currently, there is a lot of supply in the market, helping keep pricing stable. We do not see any price decreases coming but do see stability in the price for the first half of 2025.

Citrulline Series (Base, Malate)

Like arginine, citrulline is also in high supply. In addition to the Chinese supply, Korean and Japanese manufacturers are increasing supply. Chinese manufacturers are getting aggressive with pricing to compete better against the Japanese and Korean manufacturers, who do not have to pay tariffs.

Betaine Anhydrous

Pricing and supply are both very stable right now. Betaine is currently at a very low price, and we continue to see this for the foreseeable future. Most manufacturers are trying to be as competitive as possible, keeping pricing down.

Glycine

As pricing has been going down most of the year, we expect to see increases sometime in 2025. We do not expect it to increase a lot, but due to how low pricing has been all year, manufacturers are getting eager to move the price up slightly.

Beta-Alanine

It has been at historic lows for quite some time. Manufacturers have unsuccessfully tried to increase pricing over the past months but have been unable to. We expect this to rise closer to the end of the year and possibly beyond the Chinese New Year due to how low it has been for such a long time.

Taurine

Has increased more than 50% in the latter part of 2024. We have also been informed to expect more increases as we get closer to 2025 and possibly into 2025.

Dim

Material is starting to increase, and we are seeing pricing already moving in the wrong direction. At this point, we do not know how much it will increase, other than we are seeing it move and expect it to move more before year-end.

Tyrosine

Supply and pricing have remained stable, and we expect this trend for the foreseeable future.

Lysine HCl

This has already increased and will continue to increase. This ingredient now has an anti-dumping tariff in Europe. We are seeing customers in the EU stocking up on this due to the new change. This is affecting overall pricing and supply in the market. We are also hearing from Huayang that they will not supply any more lysine due to capacity issues for the rest of 2024. We do have a good stock of this material in the USA.

Threonine

This is another one we are seeing increase a lot. We have seen incremental increases over the past 3 weeks and expect this trend to continue. 

Vitamins

We are expecting vitamins as a category to avoid any additional tariffs that could come from the election results. Overall, vitamin prices have increased since the beginning of 2024 as manufacturers are looking to replace losses in the past year.

Vitamin C

Pricing has increased significantly in the past months, and supply is tight due to the manufacturers stopping production in Q2. Currently, we have a lot in stock, and we have held our pricing for the time being.

Vitamin B1

Manufacturers are looking to recoup losses from the last couple of years, and we hear this could increase even more. We have seen pricing increases since the middle of the year and are bracing for more increases in the coming weeks or months due to limiting exports to the USA. Pricing is expected to increase through Q1 2025.

Vitamin B2

Both pricing and supply are stable now and expected through the first part of 2025.

Vitamin B3

We see the same things with B3 as with B1. Manufacturers are looking to recoup losses, controlling supply. We don’t expect the pricing to rise like we do with B1, due to Jubilant offering competitive pricing.

Vitamin B5

Demand is slow currently and we expect pricing to remain stable for the foreseeable future.

Vitamin B6

Pricing has and will continue to rise. Manufacturers are currently out of stock. New production will not be available until Q1 2025.

Inositol

Pricing is currently at the bottom; we do not see the price increasing anytime soon. The only exception would be any new tariffs.

Carnitine Series

Pricing has increased over the past months and is expected to stay high for the rest of the year and possibly well into Q1 2025. Additional tariffs could drive the price up if they were to be implemented.

Tariffs

The one thing we wish we knew now. Based on the results, I think it’s fair to say we could see additional tariffs coming in the foreseeable future. At this point, we do not have any info on what that could look like, but we foresee this impacting pricing later in 2025 if implemented.