Vitamin B2 (riboflavin) Price Trend and Forecast

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Historical Data Since 2015
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vitamin b2 (riboflavin) Price Trends by Country

cnChina

Global vitamin b2 (riboflavin) Spot Market Prices, Trend Analysis and Forecast

Vitamin B2 (Riboflavin) Price Trend Q3 2025

In Q3 2025, the global Vitamin B2 (Riboflavin) market maintained a largely stable to slightly soft sentiment, with distinct trends emerging across Feed Grade (80%) and Food Grade (>98%, USP) segments. Vitamin B2 (Riboflavin) Feed Grade prices remained relatively steady, influenced by balanced supply conditions, stable operating rates in China, and cautious yet consistent purchasing from feed and premix manufacturers, resulting in very narrow Vitamin B2 (Riboflavin) price trend fluctuations of around 1% during the quarter.

In contrast, Vitamin B2 (Riboflavin) Food Grade prices experienced a more noticeable downward adjustment of around 3%, driven by subdued demand from food, beverage, and nutritional supplement sectors, together with sufficient inventories and competitive domestic offers that limited upward price momentum. Stable raw material markets, predictable production output, and manageable inventory levels supported overall market stability for both grades despite softer buying interest in premium applications.

While Feed Grade benefited from steady baseline consumption, Food Grade prices have been weighed down by restrained procurement and slower export activity. Looking ahead, shifts in global restocking cycles, demand recovery in fortified foods, and export competitiveness from Chinese producers are expected to shape Vitamin B2 (Riboflavin) price trend dynamics entering the next quarter.

China

Vitamin B2 (Riboflavin) Export prices FOB Shanghai, China, Grade: Feed Grade (80%, Powder), Food Grade (>98%, USP, Powder).

According to Price-Watch, in Q3 2025, Vitamin B2 (Riboflavin) Feed Grade (80%, Powder) and Vitamin B2 (Riboflavin) Food Grade (>98%, USP, Powder) prices in China experienced mild downward adjustments amid steady production and cautious downstream demand. Vitamin B2 (Riboflavin) price trend in China saw a slight decline as balanced supply, stable operating rates, and moderate purchasing from the feed and premix sectors kept the market within the USD 12,200-12,600 per metric ton range.

Similarly, Vitamin B2 (Riboflavin) price trend in China fell due to subdued buying interest from food, beverage, and nutritional supplement manufacturers, along with adequate inventories among major producers, pushing prices into the USD 31,000-32,200 per metric ton range. Market sentiment for both grades remained soft, influenced by limited export momentum and cautious procurement strategies across key consuming industries.

In September 2025, Vitamin B2 (Riboflavin) Feed Grade and Food Grade prices declined by 0.80% and 3.08%, respectively, driven by stable supply conditions and restrained buying behaviour, with these factors expected to guide Vitamin B2 (Riboflavin) price trends into the next quarter.

Vitamin B2 (Riboflavin) Price Trend Analysis: Q2 2025

In Q1 2025, according to the PriceWatch the feed-grade segment for Vitamin B2 (Riboflavin) 80% (FOB Shanghai) experienced continued weakness, with prices falling to USD 12,410 per metric ton, a -5.03% quarterly drop. The feed industry, especially in China, faced slow demand recovery due to a cautious approach in livestock expansion and high inventory carryover.

The Vitamin B2 (Riboflavin) 98% prices dropped even more sharply by -9.13% to USD 34,957 per metric ton as food-grade demand softened further in the absence of strong seasonal or regulatory triggers. With no significant supply disruptions or bullish demand signals market sentiment remained weak.

Buyers in the food and nutraceutical sectors held back on new orders relying on existing inventories while heightened competition among suppliers kept pressure on margins in both domestic and international markets. 

Vitamin B2 (Riboflavin) Price Trend Analysis: Q4 2024

In Q4 2024, both grades were corrected. Vitamin B2 (Riboflavin) 80% (FOB Shanghai) declined by -3.21% to USD 13,066 per metric ton as feed manufacturers reduced purchases to manage year-end inventory levels and avoid surplus holding.

Weak overseas demand and steady production further contributed to softening prices. Similarly, Vitamin B2 (Riboflavin) 98% (FOB Shanghai) declined to USD 38,470/MT, down -6.19% as food-grade demand moderated following earlier inventory build-ups and cautious short-term purchasing.

Despite its importance in fortified foods and health-focused products buyers adopted a wait-and-watch approach amid expectations of potential price corrections in early 2025. The dip reflected subdued transactional activity rather than a fundamental shift in long-term demand. 

In Q3 2024 witnessed a divergence in performance. Vitamin B2 (Riboflavin) 80% (FOB Shanghai) rose slightly to USD 13,500/MT (+1.89%) as feed manufacturers anticipated stronger Q4 consumption and began light inventory replenishment.

On the other hand, Vitamin B2 (Riboflavin) 98% (FOB Shanghai) saw a sharp spike to USD 41,006/MT surging +15.51%, primarily driven by demand from specialty food, pharmaceutical and nutraceutical applications rather than feed use.

The surge was linked to global supply disruptions and tightened availability from select producers, prompting stockpiling among premium formulation manufacturers. Food-grade buyers prioritized quality and compliance even as rising input costs across the broader supply chain added pressure to margins. 

In Q2 2024, price movements in the feed-grade sector were relatively flat. Vitamin B2 (Riboflavin) 80% (FOB Shanghai) posted a modest +1.20% increase to USD 13,250/MT, supported by steady procurement from domestic premix producers. However, oversupply and strong competition kept any significant upside in check.

Vitamin B2 (Riboflavin) 98% (FOB Shanghai) slid slightly to USD 35,500/MT, down -0.61% as food and nutraceutical manufacturers exercised pricing caution amid readily available stocks. Despite the grade’s superior purity suited for fortification and health supplements buying momentum was modest with many formulators managing existing inventories.

Export demand remained stable but unspectacular as major buyers relied on consistent Chinese output to meet formulation needs. 

In Q1 2024, the feed-grade market for Vitamin B2 (Riboflavin) 80% (FOB Shanghai) showed signs of recovery, with average prices increasing to USD 13,093/MT, reflecting a +5.73% quarterly gain. The rise was supported by moderate restocking activities among feed manufacturers after the Lunar New Year, especially in the poultry and swine segments.

Meanwhile, Vitamin B2 (Riboflavin) 98% (FOB Shanghai) primarily used in food and pharmaceutical applications recorded a -3.47% decline to USD 35,717/MT. The dip reflected moderated procurement activities from food manufacturers amid sufficient inventory levels and cautious purchasing behaviour.

Despite its high purity and bioavailability demand in the food segment remained steady but not aggressive as formulators balanced cost considerations with quality standards in fortified products and supplements. 

Technical Specifications of Vitamin B2 (riboflavin) Price Trends

Product Description

Vitamin B2, also known as riboflavin, is a water-soluble vitamin essential for energy production and overall cellular function. It plays a crucial role in the metabolism of carbohydrates, fats, and proteins, helping the body convert food into usable energy. Riboflavin also supports healthy skin, eyes, and nervous system function, while acting as an antioxidant to combat oxidative stress. Widely used in food fortification, dietary supplements, and animal feed, Vitamin B2 is a bright yellow compound, stable to heat but sensitive to light, making proper storage important. Its vital role in maintaining health and wellness makes riboflavin an indispensable nutrient for both human and animal nutrition.

Identifiers and Classification:

  • HS Code – 29362310
  • CAS No – 83-88-5
  • Molecular Formula – C17H20N4O6
  • Molecular Weight[g/mol] – 376.36 g/mol


Vitamin B2 (Riboflavin) Synonyms:

  • Riboflavin


Vitamin B2 (Riboflavin) Grades Specific Price Assessment:

  • Feed Grade (80%) (Powder) Price Trend
  • Food Grade (>98%) (USP) (Powder) Price Trend


Vitamin B2 (Riboflavin) Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 9-10 MT, 4-5 MT
  • Packaging Type (Product & Country Specific): Bag


Incoterms Referenced in Vitamin B2 (Riboflavin) Price Reporting

Shipping Term  Location  Definition 
FOB Shanghai  Shanghai, China  Vitamin B2 (Riboflavin) Export price from China 
Ex-Zhejiang  Zhejiang, China  Domestically Traded Vitamin B2 (Riboflavin) price in China 

*Quotation Terms refers to the quantity range specified for the Vitamin B2 (Riboflavin) being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Vitamin B2 (Riboflavin) packing, ease of handling, transportation, and storage in industrial and commercial applications.

Key Vitamin B2 (Riboflavin) Producing Regions and Countries

Region  Country 
Shanghai  China 
Zhejiang  China 

Vitamin B2 (riboflavin) Industrial Applications

vitamin b2 market share end use

Historically, several events have caused significant fluctuations in Vitamin B2 (riboflavin) prices

Impact of Recent U.S. Tariffs on Vitamin B2 Prices and Supply Chains (2024–2025) 

In early 2025, Vitamin B2 (riboflavin) prices in China and globally experienced notable volatility, largely due to shifting supply-demand dynamics and the introduction of new U.S. tariffs on vitamin imports. The United States, which depends significantly on imported riboflavin primarily from China has seen input costs for manufacturers rise as a result of these tariffs. This has led to higher prices for both pharmaceutical-grade and feed-grade riboflavin in the U.S. market, as companies have passed increased costs along the supply chain. Additional logistical hurdles, such as ongoing port congestion and evolving regulatory requirements, have further disrupted supply chains, resulting in procurement delays and additional price fluctuations. 

Environmental Regulations and Production Cuts in China (2023) 

In 2023, China enforced stricter environmental regulations affecting the production of riboflavin. Many Chinese manufacturers were compelled to reduce output or temporarily halt operations to comply with the new standards. As China is the world’s largest producer and exporter of Vitamin B2, these production cuts led to a global supply shortage and a significant spike in prices. The situation underscored the global market’s vulnerability to regulatory changes in China, with both the food/feed and pharmaceutical sectors experiencing supply tightness and cost increases. 

COVID-19 Pandemic (2020–2021) 

The COVID-19 pandemic caused significant disruptions in the Vitamin B2 market. Early in the pandemic, supply chain interruptions and reduced industrial activity led to a temporary drop in demand and prices. However, as the pandemic progressed and demand for nutritional supplements and fortified foods increased, prices rebounded. The heightened focus on health and immunity drove a surge in riboflavin consumption, supporting a strong price recovery in both pharmaceutical and animal nutrition markets. 

Why PriceWatch?

PriceWatch is your trusted resource for tracking global vitamin b2 (riboflavin) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the vitamin b2 (riboflavin) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence vitamin b2 (riboflavin) prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely vitamin b2 (riboflavin) market data.

Track PriceWatch's vitamin b2 (riboflavin) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch gathers real-time pricing data from multiple sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our Vitamin B2 price assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team collects insights directly from key market participants, such as Vitamin B2 producers, suppliers, traders, and end-users across major production regions. This localized intelligence is crucial for understanding market dynamics specific to each region. 
  • Supply Chain Monitoring: We monitor the entire Vitamin B2 supply chain, from raw materials like propylene to production and distribution channels. This includes tracking feedstock prices, production capacity, and transportation logistics, helping us provide a complete market overview. 

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors geopolitical events, such as trade disputes and regional conflicts, that could affect Vitamin B2 supply chains. For example, issues like disruptions in propylene supply from Middle Eastern countries have a direct impact on Vitamin B2 production and pricing. 
  • Natural Disasters and Climate Events: Our analysis includes the impact of climate events, such as hurricanes or floods, particularly in regions like the U.S. Gulf Coast and Southeast Asia, which house critical Vitamin B2 production facilities. These disruptions can lead to temporary supply shortages and price volatility. 
  • Regulatory Changes and Industry Shifts: PriceWatch tracks shift in environmental regulations and industry standards, such as the tightening of safety regulations in chemical production, which can influence Vitamin B2 demand and supply trends. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain an up-to-date database of global Vitamin B2 production facilities, tracking their operational status, maintenance activities, and output levels. This helps us accurately assess the available supply in the market at any given time. 
  • Future Capacity Projections: Our research also covers future production capacities, factoring in new plants, expansions, and technological advancements in Vitamin B2 production. This allows us to predict future supply trends and potential price movements. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides a detailed analysis of demand trends across key sectors, such as pharmaceuticals, plastics, and solvents. We analyse year-on-year demand growth and predict future consumption based on economic indicators and industry trends. 
  • Global Demand Dynamics: Our methodology also considers regional demand shifts and how they impact global Vitamin B2 prices. This includes tracking manufacturing trends, changes in environmental policies, and trade flows that influence demand in key markets like the U.S., China, and Europe. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Vitamin B2 prices, incorporating real-time data, historical pricing trends, and projected market conditions. We continuously refine these models to improve accuracy and deliver reliable forecasts. 
  • Scenario Analysis: We conduct scenario-based assessments to anticipate potential market developments. This includes best-case, worst-case, and most likely scenarios, allowing our clients to prepare for a range of possible market outcomes. 

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to provide clear, actionable insights. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most accurate and up-to-date information to make informed business decisions. Our experts are available to discuss market developments and offer tailored advice. 

This research methodology ensures that PriceWatch delivers accurate, timely, and actionable Vitamin B2 pricing assessments, enabling our clients to stay ahead of market trends and make informed decisions in an ever-changing market. 

Vitamin B2 (riboflavin) Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for vitamin b2 (riboflavin). PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Vitamin B2 prices are influenced by fermentation substrate costs such as glucose and maize, energy expenses including coal and electricity in production hubs like China, and regulatory pressures related to pollution control and green manufacturing. Capacity utilization rates at major plants, seasonal demand from the feed industries and shifts in export policies also play significant roles. Market dynamics are further shaped by currency fluctuations, international freight rates, and regional stockpiling trends. Additionally, competition from alternative suppliers and changes in downstream consumption patterns contribute to pricing volatility across global markets.

Supply chain disruptions impact the pricing of Vitamin B2 by constraining product availability, delaying shipments and increasing transportation and warehousing costs. When disruptions occur due to port congestion, container shortages, labor strikes, or natural disasters lead times are extended and buyers may rush to secure limited stock, pushing prices upward. In key producing regions like China, interruptions in raw material supply or factory shutdowns can significantly reduce output, tightening global supply. Additionally, logistical bottlenecks can cause regional imbalances, with oversupply in one area and shortages in another, further amplifying market volatility and price fluctuations.

Vitamin B2 prices differ regionally due to variations in production capacity, local demand, regulatory environments, and transportation costs. Regional price differences for Vitamin B2 in Asia, especially China, are significantly shaped by production dominance, raw material access, and demand trends from the feed sector. China remains the global hub for Vitamin B2 manufacturing, offering lower FOB prices due to large-scale fermentation capacity, proximity to substrates like glucose and corn, and relatively lower energy and labor costs.