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🔍 Key Highlights:
- China holds ~70% share of global citric acid production
- 1.82 million tonnes citric acid output in 2024
- Export volume rebounded to 1.25 million tonnes in 2024
- Leading producers: Shandong Ensign, TTCA, Guoxin Union, RZBC, Seven Star Lemon
- Sodium citrate output up 19% in two years
📉 Trends & Insights:
- Oversupply and weak demand pressured prices downward
- Companies boosted energy efficiency and vertical integration
- New capacity of ~300,000 t/a citric acid expected by 2027
- Export-driven growth fuels competitiveness abroad
📈 Why This Report?
Get comprehensive data on:
- Supply, demand & pricing trends (2022–2024)
- Producer profiles & capacity forecasts
- Export destinations & profitability analysis
- Expansion plans through 2027
📬 Contact us to access the full report
📧 contact@nkmarketresearch.com
🌐 www.nkmarketresearch.com
