According to ChemAnalyst the global Vitamin B1 Price has maintained a persistently bullish trajectory across late 2024, through 2025, and into the first quarter of 2026, shaped by sustained supply shortfalls, robust downstream nutraceutical and animal nutrition demand, recurring freight and port congestion disruptions, and repeated bouts of trade policy uncertainty. As an essential water-soluble vitamin central to pharmaceuticals, dietary supplements, food fortification, and animal feed, Vitamin B1, also known as thiamine, occupies a critical position within the global nutraceutical supply chain, making the Vitamin B1 Trend Price a closely watched indicator for feed manufacturers, supplement producers, and procurement teams worldwide.
This report examines how Vitamin B1 pricing evolved from late 2024 through the first quarter of 2026, the structural and situational drivers behind this sustained upward trend, and what the forecast suggests for the remainder of the year.
Overview of the Global Vitamin B1 Market
Thiamine, commercially known as Vitamin B1, is a water-soluble vitamin essential for proper cell growth and function, playing a critical role in energy metabolism and nerve function. Because the human body can only store a small amount of thiamine, consistent dietary intake through fortified foods or supplements is necessary, making Vitamin B1 an essential and continuously replenished component of pharmaceuticals, dietary supplements, fortified foods, and animal feed formulations. Commercially, Vitamin B1 is produced primarily in two forms, Thiamine Mononitrate and Thiamine Hydrochloride, each serving somewhat different formulation needs across the pharmaceutical, nutraceutical, and animal feed industries.
China dominates global Vitamin B1 production capacity, making Chinese manufacturing conditions, export policy, port logistics, and domestic demand trends particularly influential over global pricing dynamics. On the demand side, pharmaceuticals, nutraceuticals, fortified foods, and animal feed represent the primary consuming industries, with livestock and aquaculture producers building inventory ahead of peak feeding periods representing a particularly significant and cyclical source of demand. Because Vitamin B1 serves such a broad range of essential, largely non-discretionary applications, underlying demand has remained consistently resilient even as pricing has moved through a sustained upward trajectory over the past several years.
The Extended Bull Run: Late 2024 Through 2025
October 2024: Supply Shortages and Red Sea Disruptions Set the Tone
Vitamin B1 prices continued their upward trend globally in October 2024, mirroring the growth observed since early in the year. The market experienced a steady supply shortage driven by sustained demand from the nutraceutical and healthcare sectors, with distributors and manufacturers actively building up inventories to prepare for potential demand surges and possible supply chain disruptions, a stockpiling dynamic that further tightened supply and added momentum to the ongoing price increases.
China's manufacturing sector saw growth in October 2024, ending a six-month contraction as government stimulus measures began stabilizing the broader economy, with the official Purchasing Managers' Index crossing back above the 50-point expansion threshold. At the same time, Houthi attacks on vessels in the Red Sea significantly disrupted international shipping routes, forcing carriers to reroute ships or enhance security measures, both of which drove up freight costs considerably. These increased transportation expenses were passed directly onto buyers worldwide, reinforcing the upward pricing trajectory heading into the final months of 2024.
Early 2025: European Recovery and Intensifying Supply Chain Pressure
Vitamin B1 prices in Europe saw a moderate rise by the end of the first quarter of 2025, with supply chain challenges and increased demand for fortified products supporting a generally bullish outlook heading into subsequent months. As the quarter progressed into February, a recovery trend took hold, driven by improved demand from the food and beverage sectors where Vitamin B1 fortification plays an essential role. Despite continued logistical challenges, including transportation delays and high freight costs, manufacturers found themselves securing larger quantities of Vitamin B1 in anticipation of further price increases.
By March 2025, a more substantial price increase emerged as raw material shortages and continued supply chain bottlenecks intensified. Producers faced pressure to raise prices to cover higher operational costs, while steady demand for Vitamin B1 across pharmaceutical and animal feed sectors supported broader market stability even amid these rising cost pressures. This upward trajectory continued through the month, consistent with the trend seen in February, driven largely by customers' strategic inventory realignments, shifting trade policy, and a broader tightening of the supply chain.
The March 2025 Tariff Shock
Concerns surrounding U.S.-China trade relationships contributed significantly to a pronounced Vitamin B1 price spike in March 2025. Beginning March 4, the United States government imposed further import duties on Chinese goods, and in response to this heightened trade uncertainty, buyers across North America accelerated their March acquisitions to avoid possible transit disruptions and higher future costs. This preemptive buying activity caused a significant increase in demand during the month, further straining an already stressed market. Compounding this disruption, major Chinese ports, including Ningbo, Shanghai, and Qingdao, suffered severe congestion, adding a fresh layer of logistics-driven pressure to the market at a particularly sensitive moment.
Mid-2025: Sustained Demand and China's Continued Market Influence
The global Vitamin B1 market continued experiencing price increases through late August 2025, driven by strong demand across pharmaceuticals, supplements, and food applications, alongside persistent supply chain disruptions. China, as the world's largest producer, remained at the center of these market dynamics, with firm overseas orders and robust export appetite continuing to support the pricing trend. U.S. demand remained elevated following a trade deal extension, while European logistics bottlenecks and the approach of China's Golden Week holiday period were expected to tighten supply further, fueling continued market volatility heading into the autumn months.
Regional Vitamin B1 Price Trend: Q3 2025 Developments
By the third quarter of 2025, regional price data confirmed the continuation of this broadly bullish trend across all major markets. In Asia-Pacific, specifically China, the Price Index rose by 5.99% quarter-over-quarter, with average pricing reaching approximately USD 31,856.67 per metric ton on a FOB basis. Europe saw a slight increase during the same quarter on an import-based pricing basis, while North America recorded a comparatively modest increase, also on an import-based pricing structure.
Stronger export orders, weather-related production disruptions, and freight-driven cost pressures all contributed to tightening supply and supporting higher prices during September 2025 specifically. Demand from nutraceutical, fortified food, and supplement manufacturers remained consistent throughout the quarter, encouraging measured replenishment activity among buyers. Improved shipping conditions and more balanced stock positions across major ports later in the quarter helped stabilize market sentiment and cap further price escalation, even as firm supplier offers from Asia remained the primary factor sustaining overall pricing levels.
Track Real-Time Prices Of Vitamin B1
https://www.chemanalyst.com/ChemAnalyst/PricingForm?Product=Vitamin%20B1
Regional Vitamin B1 Price Trend: Q1 2026 Developments
Moving into the first quarter of 2026, the Vitamin B1 market in China displayed steady but robust price trends for both the Mononitrate and Hydrochloride variants, buoyed by a gradual rise in downstream demand. Vitamin B1 Mononitrate prices showed a slight increase during the quarter, backed by stable purchasing from the feed, food, and pharmaceutical industries, alongside some additional stockpiling activity. Vitamin B1 Hydrochloride prices similarly witnessed slight rises, aided by consistent demand from the nutraceutical and pharmaceutical segments, coupled with generally balanced supply conditions.
China specifically saw Vitamin B1 Mononitrate greater than 99% purity powder prices increase by 1.91% during the first quarter, supported by improved demand from feed and premix manufacturers, along with stable operating rates and moderate restocking activity. Vitamin B1 Hydrochloride prices of comparable purity increased by 0.57% during the same period, driven by steady demand from pharmaceutical formulators. This price trend reflected gradual demand recovery across key end-use sectors, stable production levels, and balanced inventory conditions, which collectively supported mild upward movement across the quarter as a whole.
This upward momentum accelerated specifically in March 2026, when Vitamin B1 Mononitrate prices in China increased by 1.64% and Vitamin B1 Hydrochloride prices rose by 1.43%, both supported by strengthening procurement activity and improved demand momentum as the quarter drew to a close. This pattern followed a mixed pricing trend across the two grades during the fourth quarter of 2025, with Thiamine Mononitrate prices having increased during that period, suggesting a market that has continued building steady upward momentum across successive quarters even as the specific pace of gains has varied somewhat between the two product variants.
Key Drivers Behind the Vitamin B1 Trend Price in 2026
1. Chinese Production and Export Dynamics — Given China's dominant global production role, Chinese manufacturing conditions, export order strength, and domestic operating rates continue to represent the single most significant driver of global Vitamin B1 pricing.
2. Freight and Port Congestion Disruptions — Recurring shipping disruptions, including Red Sea rerouting and severe congestion at major Chinese ports like Ningbo, Shanghai, and Qingdao, have repeatedly tightened supply chains and added logistics-driven cost pressure throughout the extended bull run.
3. U.S.-China Trade Policy and Tariffs — Tariff announcements have consistently triggered preemptive buying behavior among North American buyers, leading to temporary supply congestion and price spikes, as seen clearly during the March 2025 tariff shock.
4. Animal Feed and Aquaculture Demand Cycles — Livestock and aquaculture producers building inventory ahead of peak feeding periods represent a particularly significant and cyclical source of demand that has repeatedly reinforced the broader upward pricing trend.
5. Nutraceutical and Fortified Food Demand — Consistent demand from supplement manufacturers and food fortification programs has provided a steady, relatively non-discretionary baseline of consumption supporting sustained price growth across the market.
6. Inventory Stockpiling Behavior — Proactive inventory building by distributors and manufacturers anticipating further price increases or potential supply disruptions has itself become a self-reinforcing factor in the market's sustained upward trajectory.
7. Weather-Related Production Disruptions — Periodic weather-related disruptions affecting Chinese manufacturing operations have added further supply-side tightness on top of the broader structural factors driving the market higher.
Vitamin B1 Price Forecast: Outlook for 2026
Looking ahead, short-term forecasts have consistently pointed toward continued gains for the global Vitamin B1 Price, supported by normalized inventories and steady downstream demand even as the specific pace of increases has moderated somewhat compared to the sharper spikes seen during periods of acute disruption like the March 2025 tariff shock. With Chinese Mononitrate and Hydrochloride pricing both showing steady, robust gains through the first quarter of 2026, and with March specifically showing accelerating momentum, the broader market appears likely to sustain its extended bull run into the second quarter and beyond, barring a significant shift in either Chinese production conditions or global shipping logistics.
For procurement and sourcing teams, key variables to monitor through the remainder of 2026 include Chinese export order trends and domestic operating rates, freight and port congestion developments, U.S.-China trade policy shifts and any new tariff announcements, and demand growth patterns across animal feed, nutraceutical, and pharmaceutical applications. Each of these factors will play a meaningful role in determining whether the Vitamin B1 Trend Price continues its sustained multi-year upward trajectory or begins to show signs of moderation as supply conditions gradually normalize.
Conclusion
The global Vitamin B1 Price trend from late 2024 through the first quarter of 2026 reflects one of the more persistently bullish trajectories seen across the broader vitamin and nutraceutical ingredients complex, sustained by a combination of Chinese supply dynamics, recurring freight and port disruptions, trade policy uncertainty, and consistently resilient demand from pharmaceutical, nutraceutical, food fortification, and animal feed applications. With China's Mononitrate and Hydrochloride markets both showing steady, accelerating gains through March 2026, and with the underlying demand base across essential, largely non-discretionary applications remaining firm, the Vitamin B1 Trend Price is likely to remain elevated and sensitive to Chinese production conditions and global logistics developments through much of 2026, making close monitoring of these factors essential for feed manufacturers, supplement producers, and procurement teams alike.
Contact -
Address:
420 Lexington Avenue, Suite 300
New York, NY 10170
United States
Phone: +1 332 258 6602
Website: www.chemanalyst.com
LinkedIn: https://www.linkedin.com/company/chemanalyst/
X (Twitter): https://x.com/chemanalysts
Facebook: https://www.facebook.com/ChemAnalysts/
.png)
0 Comments