For the Quarter Ending September 2025
North America
鈥� In USA, the Tricalcium Phosphate Price Index fell by 13.9% quarter-over-quarter, reflecting oversupply and muted demand.
鈥� The average Tricalcium Phosphate price for the quarter was approximately USD 1073.67/MT, reflecting softer North America demand.
鈥� Tricalcium Phosphate Spot Price faced persistent pressure from excess inventories and cautious buyer sentiment in early Q3.
鈥� Tricalcium Phosphate Price Forecast remained uncertain amid tariff risk and logistic bottlenecks in the North America market.
鈥� Production Cost Trend likely softening due to elevated inventories and stable energy costs in key supply regions.
鈥� Demand Outlook remains mixed as nutraceuticals and dairy demand steady while food additives slow seasonally late Q3.
鈥� Price Index indicators point to gradual stabilization with cautious procurement and limited upside in the near-term period.
鈥� Logistics efficiency improved with ports and trucking easing, reducing landed cost pressures for importers and distributors.
鈥� Market participants anticipate steady procurement cycles to support downstream production without sudden shortages in the near-term.
Why did the price of Tricalcium Phosphate change in September 2025 in USA?
鈥� Supply/demand factors: Oversupply from Asia and cautious purchases pressured domestic TCP markets into Q3 year end.
鈥� Cost pressures: Higher landed costs and freight inflation contributed to price normalization in late summer.
鈥� Logistics and market dynamics: tariff uncertainty and port congestion restrained restocking, maintaining cautious buyer behavior.
APAC
鈥� In China, the Tri Calcium Phosphate Price Index fell by 7.11% quarter-over-quarter, reflecting oversupply and demand softness.
鈥� The average Tri Calcium Phosphate price for the quarter was approximately USD 915.00 per MT, across major markets.
鈥� Tri Calcium Phosphate Spot Price remains under pressure from overcapacity, soft downstream demand, and inventory flush dynamics.
鈥� Tri Calcium Phosphate Price Forecast indicates limited near-term upside amid ongoing price competition and export overhang.
鈥� Tri Calcium Phosphate Production Cost Trend shows modest rise due to freight, packaging costs, and feedstock volatility.
鈥� Tri Calcium Phosphate Demand Outlook remains mixed, with pharma and food applications supporting core demand despite macro softness.
鈥� Tri Calcium Phosphate Price Index continues to reflect regional supply tightness and currency impacts on input costs.
鈥� Tri Calcium Phosphate Spot Price volatility persists as tariff and logistics issues intermittently constrain export flows.
Why did the price of Tri Calcium Phosphate change in September 2025 in APAC?
鈥� Supply constraints from maintenance and port delays limited availability during September, supporting cautious price stability.
鈥� Weak downstream demand, especially in food and pharma, depressed intake, pressuring overall Tri Calcium Phosphate prices.
鈥� Rising logistics costs and currency effects added cost-push pressure despite export headwinds easing globally through the quarter.
Europe
鈥� In Germany, the Tricalcium Phosphate Price Index fell by 5.78% quarter-over-quarter, reflecting ample inventories and weak domestic demand.
鈥� The average Tricalcium Phosphate price for the quarter was approximately USD 1032/MT, reflecting euro strength.
鈥� Tricalcium Phosphate Spot Price movements reflected soft demand and ample supply, shaping the Price Index direction.
鈥� Tricalcium Phosphate Price Forecast remained cautious due to inventory overhang and subdued downstream activity in Europe.
鈥� Tricalcium Phosphate Production Cost Trend suggests modest pressure from energy costs and feedstock dynamics in Q3 2025.
鈥� Tricalcium Phosphate Demand Outlook remains muted, with downstream sectors delaying purchases amid macro uncertainty in Europe.
鈥� Tricalcium Phosphate Price Index continues to reflect cautious stock drawdowns and flexible supplier pricing in Germany.
鈥� Spot market dynamics show exporters discounting to clear inventories while importers rely on just-in-time procurement to manage liquidity.
Why did the price of Tricalcium Phosphate change in September 2025 in Europe?
鈥� Supply disruptions at Northern European ports raised logistics costs and delayed imports, contributing to price volatility.
鈥� Weak domestic demand in Germany trimmed appetite for fresh purchases despite ample inventories and easing inflation.
鈥� Currency movements favored dollar-based imports, pressuring local prices downward while export dynamics supported limited price relief.
For the Quarter Ending June 2025
North America:
鈥� Tricalcium Phosphate prices in North America showed a volatile trajectory in Q2 2025, starting with upward trends in April and May (+3.03%, +14.29%), but turning sharply downward in June (-12.35%) with a minor decline in July (-0.59%), reflecting an average quarter-over-quarter fluctuation of approximately 卤7.5%. The June 2025 price drop was driven by a global oversupply and competitive discounted exports from China and India impacting U.S. markets.
鈥� The Tricalcium Phosphate Spot Price increase in early Q2 was influenced heavily by rising global export quotations and import tariff impositions in the U.S., which pushed landed costs higher for import-dependent buyers.
鈥� The Tricalcium Phosphate Production Cost Trend during Q2 saw increased input costs including natural gas and electricity, as well as elevated freight costs due to supply chain congestion in May, especially at major U.S. ports like Los Angeles and New York.
鈥� Demand Outlook in North America remained steady but cautious as downstream sectors such as food, beverage, and pharmaceuticals adjusted procurement strategies, drawing from inventory to mitigate costs amid tariff uncertainty and high landed prices.
鈥� May鈥檚 upward price spike was intensified by freight surcharges and port congestion, but June experienced a rapid price correction due to inventory surpluses from Asian producers aggressively discounting their exports.
鈥� U.S. import logistics were mostly smooth in April but became strained by May due to freight surcharges and port congestion, which contributed effectively to the volatile price movement in the quarter.
鈥� The persistent tariff uncertainty and trade tensions created cautious buying behavior, affecting demand and keeping spot market purchasing moderate despite the essential market role of Tricalcium Phosphate in nutrition and pharmaceuticals.
鈥� Domestic production limitation in North America continued to drive dependence on imports, influencing the price sensitivity in the region and highlighting vulnerability to global supply fluctuations.
鈥� The broader economic context, including low inflation rates in the U.S. during Q2, provided a mixed backdrop where softer overall demand counterbalanced some cost pressures from tariffs and freight logistics.
鈥� The June 2025 price collapse reinforced bearish market sentiment with producers in North America and downstream users balancing inventory levels carefully while anticipating market stabilization amid oversupply and cost pressures.
Asia-Pacific (APAC):
鈥� The Tricalcium Phosphate price trend in APAC during Q2 2025 edged mostly downward, with fluctuations reflecting a gradual decline especially notable in June (-5.5%) compared to mild changes in April and May, resulting in an average quarter-over-quarter price drop around 2%. June鈥檚 significant price fall was due to domestic oversupply, weakened demand, and intensified competition among Chinese producers.
鈥� The Tricalcium Phosphate Spot Price in China was pressured by increased domestic output and a stronger yuan, reducing export competitiveness and causing discounts in the global marketplace.
鈥� Phosphoric Acid prices, a critical raw material impacting Tricalcium Phosphate production cost trends in APAC, remained relatively stable in early Q2 but softened under bearish sentiment by mid-year due to reduced downstream demand.
鈥� Demand Outlook in APAC showed weakness during the quarter, with major downstream sectors such as fertilizers, pharmaceuticals, and food additives exhibiting cautious procurement and slower industrial activity, aggravated by tariff impacts and freight cost hikes.
鈥� Supply chain disruptions persisted with port congestion and logistical delays at key Chinese ports leading to shipment backlogs and contributing to price softness.
鈥� Aggressive production strategies and price cuts by smaller and mid-size producers amid government concerns intensified market oversupply and pushed prices down further in June.
鈥� Despite the current oversupply, medium-term demand prospects remain cautiously optimistic owing to expected growth in pharmaceuticals, cosmetics, and food processing sectors supported by urbanization and rising health awareness.
鈥� Inventory overhang and cautious buyer behavior tempered short-term demand, though the soft pricing environment offered cost advantages to downstream users facing supply reliability challenges.
鈥� Exchange rate volatility played a role in pricing dynamics, as the appreciation of the Chinese yuan against the U.S. dollar limited export price flexibility and impacted international trade flows.
鈥� The June 2025 downward price movement reflected a combination of weak demand, oversupply, and production cost pressures, signaling the need for market correction and potential production adjustments by regional manufacturers to restore balance.
Europe:
鈥� Tricalcium Phosphate prices in Europe, particularly in Germany, experienced a consistent downward trend through Q2 2025, with declines of -2.61% in April, -0.89% in May, and a sharper fall of -4.86% in June, averaging a 2.7% quarterly drop overall. The June price drop was linked primarily to redirected shipments from China, inventory surplus, and subdued demand.
鈥� The Tricalcium Phosphate Spot Price softened due to oversupply created by U.S.-China trade tensions that rerouted material flows, flooding the European market and pressuring prices downward.
鈥� Production cost trends in Europe benefited modestly from easing energy prices and a stronger Euro against the U.S. dollar, which reduced imported raw material and freight costs despite industry margin pressures.
鈥� Demand Outlook remained cautious and largely driven by inventory management rather than fresh consumption, particularly in pharmaceutical, nutraceutical, and food sectors, reflecting macroeconomic uncertainty and industrial activity close to stagnation.
鈥� Logistic bottlenecks such as port congestions at Hamburg, Rotterdam, and Antwerp temporarily disrupted deliveries but did not significantly raise landed cost pressures, with import flows stable albeit with extended delivery timelines.
鈥� April鈥檚 front-loading of purchases ahead of May public holidays in Germany contributed to temporary demand spikes, yet demand softened subsequently due to high inventory levels.
鈥� Manufacturers and distributors focused on clearing existing stocks in June, impacting new orders and limiting upward price pressures as import activity slowed down.
鈥� Policymaking and regulatory changes in EU healthcare had minimal immediate impact on Tricalcium Phosphate demand or pricing, allowing the market focus to center on commercial and logistical factors.
鈥� Germany鈥檚 subdued inflation and near-neutral Purchasing Managers鈥� Index readings during June reflected weak demand fundamentals that constrained upside price movements.
鈥� The June 2025 decline reinforced a bearish pricing scenario, with the market expected to remain under pressure until inventory corrections occur and clearer signs of demand recovery emerge in downstream sectors.
For the Quarter Ending March 2025
North America
In Q1 2025, the price trend of Tricalcium Phosphate (TCP) across key markets showed notable fluctuations, driven by a complex interplay of supply chain dynamics, demand changes, and geopolitical factors. In January 2025, TCP prices in the U.S. experienced upward pressure, fueled by strong pharmaceutical demand and constrained supply chains, exacerbated by congestion at major ports and rising freight costs. The U.S. manufacturing sector also saw a rebound in activity, further escalating input costs. However, by February, prices started to decline as demand from downstream sectors such as pharmaceuticals and food and beverages weakened, and oversupply from pre-Lunar New Year shipments put downward pressure on the market. Improved logistics, including lower freight rates, contributed to this price decline.
In March, TCP prices in the U.S. exhibited a more mixed trend. Early in the month, prices remained subdued due to elevated inventories and logistical improvements. However, the imposition of tariffs on key trading partners, particularly China, created uncertainty and led to accelerated procurement by downstream sectors, particularly pharmaceuticals and food and beverage. This sudden surge in demand placed upward pressure on prices towards the end of March, despite ongoing oversupply conditions.
Overall, Q1 2025 saw a volatile pricing environment for Tricalcium Phosphate in the U.S., marked by a cycle of price increases followed by a period of decline, with geopolitical events and shifting supply-demand dynamics being the dominant factors influencing the market.
APAC
In Q1 2025, Tri Calcium Phosphate (TCP) prices in China exhibited considerable fluctuations, largely shaped by supply-demand dynamics, economic conditions, and production adjustments. January began with an upward trend, driven by increased international purchasing amid preemptive stockpiling by key importers, concerned about potential tariff changes. This surge was further supported by inflation-driven cost increases and logistical challenges, pushing up prices in the early part of the quarter.聽
However, the momentum shifted in February, as the market faced a sharp decline in prices due to an oversupply, weak domestic consumption, and export restrictions. The Lunar New Year holiday and ongoing trade tensions exacerbated the situation, pushing manufacturers to reduce prices to clear inventory.聽
By March, the pricing environment softened further, driven by a favorable shift in manufacturing and supply conditions. The appreciation of the Chinese Yuan and a deflationary economic backdrop helped ease input costs, contributing to lower production expenses. This, combined with improved port logistics and falling raw material prices, such as Phosphoric Acid, allowed for further price reductions. The subdued demand post-Lunar New Year and heightened competition among suppliers seeking to clear excess inventory reinforced the downward pressure on prices. Overall, the first quarter of 2025 saw an initial rise in TCP prices, followed by a significant downturn, reflecting a delicate balance between supply surpluses, economic factors, and demand weakness.
Europe
The German Tricalcium Phosphate market in Q1 2025 displayed a dynamic price trend, influenced by a combination of demand fluctuations and supply chain challenges. In January, prices showed a modest increase, driven by heightened procurement activity as buyers anticipated potential supply disruptions around the Lunar New Year. As manufacturers in key sectors like food preservatives and industrial users planned strategically for inventory management, the market remained stable despite logistical headwinds.
However, February marked a significant shift with a decrease in Tricalcium Phosphate prices, primarily due to weak demand from key sectors like pharmaceuticals and food and beverage. Improved supply conditions, including steady imports and easing logistics costs, contributed to the downward price pressure. The appreciation of the euro further alleviated costs for buyers, with suppliers focusing on clearing excess stock, thus damping price support.
March saw a notable rebound, with prices increasing due to severe supply chain disruptions across Europe. Port congestion and labor strikes, particularly in Hamburg, caused significant delays and limited import availability. As a result, suppliers were able to command higher prices, supported by steady demand from key sectors like pharmaceuticals and food. With tightening supply and restocking efforts before Q2, the market firmed, marking a clear end to the downward trend experienced in February.
For the Quarter Ending December 2024
North America
The U.S. Tricalcium Phosphate market in Q4 2024 experienced significant price volatility, driven by various supply and demand dynamics. In October, prices spiked due to higher demand from industries like food and beverage, coupled with rising shipping and fuel costs. Supply chain disruptions, including labor strikes and limited domestic production, led to delays and strained inventories. Suppliers also increased stockpiling in anticipation of winter demand, further pushing prices up. Export demand remained robust, adding to the upward price pressure.
By November, prices began to fall as domestic inventories dwindled and export prices weakened. Suppliers responded with competitive pricing strategies ahead of the holiday season, though demand remained sluggish. Concerns about potential port disruptions from ongoing labor contract talks added to the uncertainty.
In December, a sharp price drop occurred due to oversupply and low demand from sectors such as pharmaceuticals. Domestic suppliers aggressively destocked, and competition from Chinese imports kept prices under pressure. The market outlook for the quarter was marked by significant price fluctuations, driven by supply constraints and shifting demand patterns.聽
APAC
In Q4 2024, the Tri Calcium Phosphate market in China experienced a mix of price surges and declines, driven by fluctuating supply and demand dynamics. October saw a significant price increase, fueled by tight supply, port delays caused by a severe typhoon, and robust demand from various sectors, including pharmaceuticals. The rising prices were further influenced by increased purchasing activity in preparation for the holiday season and production restarts.聽
However, in November, prices softened slightly as producers reduced inventories ahead of the festive period. Despite the price dip, demand remained steady, with ongoing purchasing activity across both domestic and international markets. The market faced downward pressure due to oversupply caused by aggressive destocking efforts and limited capacity in downstream industries. Geopolitical factors, such as potential tariffs and currency manipulation, added further complexity, resulting in a more buyer-friendly market.
Overall, Q4 witnessed a period of volatility, with prices driven by supply constraints early in the quarter, followed by stabilization efforts amid cautious buyer behavior and market uncertainties. Price pressures are expected to persist until demand strengthens or production is reduced.
Europe
In Q4 2024, the Tricalcium Phosphate market in Germany saw significant price fluctuations, initially experiencing steady increases followed by a sharp decline. Early in the quarter, rising prices were driven by global economic conditions, supply chain disruptions, and limited availability from major producers. This was further fueled by rising input costs, tight export inventories, and price hikes from domestic sellers.聽
However, by November, the market shifted as weak demand and reduced production costs triggered a downturn. Oversupply and declining business activity in the eurozone added downward pressure on prices. Manufacturers, faced with excess inventory, turned to aggressive pricing strategies, which further fueled the decline.聽
Throughout Europe, the trend was similar, with a steep drop in prices as inventory levels surged amid sluggish demand. The weakening Euro also contributed to cautious purchasing decisions, extending the bearish market sentiment. Overall, the fourth quarter marked a shift from upward price momentum to a decline, driven by supply and demand imbalances and conservative market behavior.
