In 2021, The Export Volume of Pantothenic Acid Products Will Increase Slightly, And The Export Value Will Drop by Half

The demand for calcium pantothenate is mainly for feed: the downstream are mainly animal feed, food additives and pharmaceutical raw materials, accounting for 75%, 15% and 10% respectively. At present, the global calcium pantothenate/panthenol production capacity is about 30,000 tons, and the global demand is 20,000 tons, maintaining a slightly excess supply. my country is a big producer of calcium pantothenate. In addition to supplying domestic market demand, the products it produces are also exported to overseas markets in large quantities. It is a net exporter of calcium pantothenate.

From January to December 2021, 19,470 tons of pantothenic acid products were exported, with an export value of about 185 million US dollars. Compared with the same period last year, the export volume increased by 8.51%, and the export value decreased by 50.18%. The main reason is that after the outbreak of the epidemic in 2020, the export of calcium pantothenate increased significantly, the supply and demand were relatively tight, and the price once maintained a high level. In the second half of the year, the market demand slowed down, and the price of calcium pantothenate plunged at a high level; in addition, there were a large number of calcium pantothenate manufacturers and competition increasingly intense. The export of pantothenic acid products is dominated by calcium pantothenate, followed by panthenol. The main export manufacturers are Hangzhou Xinfu, Shandong Xinfa, Jiangxi Brothers, Shandong Huachen Biology and Anhui Tiger, etc. The export destination countries are mainly the United States, Belgium, the Netherlands, etc.

In January 2022, domestic manufacturers of calcium pantothenate (vitamin B5) resumed the quotation, the domestic price was quoted at 360 yuan/kg, and the export price was 50 US dollars/kg. The market price went up, the price ranged from 280-330 yuan/kg, and the price rose sharply. This price adjustment is mainly due to the shortage of raw material intermediates and the increase in prices, the production pressure of manufacturers, the Beijing Winter Olympics, the Hangzhou Asian Games in September 2022 and other major events, which will have an impact on surrounding provinces and cities, and companies may experience reductions. production discontinuation.

In the future, it is expected that there are many calcium pantothenate production enterprises, the production pattern tends to be scattered, and the trend of market supply exceeding demand has become inevitable. However, the production of calcium pantothenate is greatly affected by environmental protection and other factors, and manufacturers often limit production. Therefore, periodic supply shortages will still occur from time to time, and prices will still fluctuate.