Mannitol Price Trend and Forecast 2026-2027

Mannitol is a sugar alcohol used mainly as a pharmaceutical excipient, serving as a tablet filler and freeze-drying bulking agent, with smaller food and intravenous diuretic uses. It is produced mostly by hydrogenating fructose or glucose syrup from corn or wheat starch, or extracted from brown seaweed. Roquette and Merck are leading suppliers, and demand has stayed steady with generic drug output.

Mannitol is sold on private contracts, and 2026 supplier offers for pharma-grade powder ranged from about USD 1.5 to 4 per kg in China and USD 3.43 to 4.78 per kg in India, well below the global export average of USD 12.79 to 13.79 per kg in 2022 and USD 6.30 in 2024. The cost base has risen: the USDA raised the 2026/27 US corn price about 7 percent to USD 0.19 per kg in September, with stocks-to-use at 9.7 percent, the tightest since 2020/21, and Dutch TTF gas rose above USD 73 per MWh in August, up about 130 percent since January.

Mannitol Prices in October 2026

Mannitol offers in October 2026 remain in the ranges above, with the cost base firming rather than easing. Four drivers apply.

• Corn: DTN reported on 9 September that December corn futures had rallied sharply from mid-August, with crop condition at 56 percent good to excellent, the lowest September reading in three years.
• Energy: Euronews reported on 20 August that European gas had doubled since January, which raises hydrogenation and drying costs for European producers, and Oxford Economics expects about USD 67 per MWh through Q1 2027.
• Tariffs: US Commerce guidance published on 23 September on pharmaceutical tariffs, effective 29 September, states that inactive ingredients and excipients are not pharmaceutical articles, so excipient mannitol is not directly covered.
• Freight: the Drewry index was USD 4,434 per 40ft container on 1 October, down 1 percent, with Asia to Europe rates falling for 12 weeks.

Supplier news: Roquette's 30 September release on CPHI Milan featured PEARLITOL mannitol, and US injectable mannitol remains on allocation. Short term, feedstock and energy costs lead; long term, the lack of new capacity suggests balanced supply.

Mannitol Price Forecast for 2026

The outlook for Mannitol through H2 2026 stays firm, tracking elevated fructose and sucrose feedstock costs tied to the broader agricultural commodity cost environment. Steady demand from pharmaceutical tablet formulators and diabetic-friendly food product manufacturers should continue supporting consumption even as the pace of further gains likely moderates from the sharp Q1 2026 spike that characterized every region covered here.

The main upside risk is a further tightening of fructose or sucrose feedstock availability, tied to corn and sugarcane harvest disruptions, which would push production costs higher across every region. The main downside risk is a faster-than-expected normalization of sweetener feedstock costs combined with softer pharmaceutical and food demand, which would ease some of the current price pressure. Regional supply and demand balances continued to evolve as the quarter progressed.

For the Quarter Ending June 2026

Mannitol Prices Q2 2026:

• Germany: USD 3,600.00/MT
• United States: USD 3,280.00/MT
• India: USD 2,770.00/MT
• China: USD 2,230.00/MT

Mannitol Prices in Germany

German Mannitol prices averaged USD 3,600.00/MT in Q2 2026, the highest of any region tracked here, up 2.9% from USD 3,500.00/MT in Q1, as strong demand from European pharmaceutical excipient formulators continued sustaining this market's premium position through the quarter. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Why did the price of Mannitol change in Q2 2026 in Germany?

Elevated fructose and sucrose feedstock costs continued flowing through to finished mannitol pricing, while strong demand from German pharmaceutical tablet excipient formulators kept this market at the top of the range tracked in this report through the quarter. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

Mannitol Prices in United States

US prices averaged USD 3,280.00/MT in Q2 2026, up 2.8% from USD 3,190.00/MT in Q1, as steady demand from intravenous medical solution manufacturers continued driving gains through the quarter alongside firm fructose feedstock costs. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed. Buyers and sellers alike watched these developments closely for signs of further movement.

Why did the price of Mannitol change in Q2 2026 in United States?

Steady demand from intravenous medical solution manufacturers, tied to mannitol's role as an osmotic diuretic, kept US buyers active even as fructose feedstock costs continued moving higher through the quarter. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement. These conditions are expected to remain a key factor shaping pricing in the near term.

Mannitol Prices in India

Indian prices averaged USD 2,770.00/MT in Q2 2026, up 3.0% from USD 2,690.00/MT in Q1, as growing demand from India's expanding pharmaceutical tablet formulation manufacturing sector continued supporting this market's upward trajectory through the quarter. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Why did the price of Mannitol change in Q2 2026 in India?

Continued growth in demand from India's expanding pharmaceutical tablet formulation manufacturing sector kept buyers competing for available mannitol supply throughout the quarter, supporting price gains even amid firming feedstock costs. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term. Regional supply and demand balances continued to evolve as the quarter progressed.

Mannitol Prices in China

Chinese prices, the lowest of the four regions, averaged USD 2,230.00/MT in Q2 2026, up 2.8% from USD 2,170.00/MT in Q1, as large-scale domestic hydrogenation production capacity continued keeping this market comparatively affordable relative to Western and Indian benchmarks. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Why did the price of Mannitol change in Q2 2026 in China?

Large-scale domestic hydrogenation production capacity continued keeping Chinese offers the most competitive of any region tracked here, even as the broader fructose and sucrose feedstock cost environment pushed prices modestly higher through the quarter. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed. Buyers and sellers alike watched these developments closely for signs of further movement.

For the Quarter Ending March 2026

Mannitol Prices Q1 2026:

• Germany: USD 3,500.00/MT
• United States: USD 3,190.00/MT
• India: USD 2,690.00/MT
• China: USD 2,170.00/MT

Mannitol Prices in Germany

German prices surged 10.1% in Q1 2026 to USD 3,500.00/MT from USD 3,180.00/MT in Q4 2025, as fructose and sucrose feedstock costs spiked following the broader agricultural commodity cost environment. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement. These conditions are expected to remain a key factor shaping pricing in the near term.

Why did the price of Mannitol change in Q1 2026 in Germany?

Fructose and sucrose feedstock prices surged sharply as the broader agricultural commodity repricing raised the cost basis across the entire sugar alcohol value chain, and that pressure flowed directly through to finished mannitol pricing across German pharmaceutical excipient supply chains. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Mannitol Prices in United States

US prices surged 10.0% in Q1 2026 to USD 3,190.00/MT from USD 2,900.00/MT in Q4 2025, tracking the broader feedstock cost spike affecting mannitol hydrogenation production economics. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term. Regional supply and demand balances continued to evolve as the quarter progressed.

Why did the price of Mannitol change in Q1 2026 in United States?

Elevated fructose and sucrose feedstock costs, tied to the broader agricultural commodity cost environment, pushed US production expenses sharply higher, even as steady underlying medical solution demand kept this market fundamentally well supported. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed. Regional supply and demand balances continued to evolve as the quarter progressed.

Mannitol Prices in India

Indian prices surged 10.2% in Q1 2026 to USD 2,690.00/MT from USD 2,440.00/MT in Q4 2025, tracking the broader Asian fructose feedstock cost spike affecting sugar alcohol production economics. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed. Buyers and sellers alike watched these developments closely for signs of further movement.

Why did the price of Mannitol change in Q1 2026 in India?

Elevated fructose and sucrose feedstock prices, following disruptions to broader agricultural commodity markets, increased production costs for sugar alcohol manufacturers, pushing Indian mannitol prices higher through the quarter. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement. Buyers and sellers alike watched these developments closely for signs of further movement.

Mannitol Prices in China

Chinese prices surged 10.2% in Q1 2026 to USD 2,170.00/MT from USD 1,970.00/MT in Q4 2025, tracking the global fructose feedstock cost spike even as domestic hydrogenation production capacity remained substantial. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement. These conditions are expected to remain a key factor shaping pricing in the near term.

Why did the price of Mannitol change in Q1 2026 in China?

Rising fructose and sucrose feedstock costs, tied to the broader agricultural commodity cost environment, fed through to Chinese mannitol pricing even as the country's substantial domestic hydrogenation production capacity kept the pace of the increase comparatively moderate. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Quarterly Mannitol Price Trends

Global Mannitol prices eased gradually through most of 2025 as fructose and sucrose feedstock costs moderated, before accelerating sharply in Q1 2026 as rising feedstock costs, tied to the broader agricultural commodity cost environment, pushed prices to their highest levels of the period, a trend that continued into Q2 across every region tracked in this report. Buyers and sellers alike watched these developments closely for signs of further movement.

What was Mannitol Price in 2025?

Mannitol eased across every market covered in this report through 2025, tracking moderating fructose and sucrose feedstock costs, before the broader agricultural commodity cost environment sharply reversed that trend in Q1 2026, pushing feedstock costs, and with them sugar alcohol production economics, higher across every region tracked here. These conditions are expected to remain a key factor shaping pricing in the near term.

Mannitol Prices in Germany in 2025

German prices eased from about USD 3,400.00/MT in Q1 2025 to USD 3,180.00/MT by Q4, down roughly 6.5%, before the sharp Q1 2026 reversal that followed as fructose feedstock costs spiked across the sugar alcohol value chain. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

Mannitol Prices in United States in 2025

US prices eased from about USD 3,100.00/MT in Q1 2025 to USD 2,900.00/MT by Q4, down roughly 6.5%, tracking the broader moderating feedstock cost trend through most of the year before the reversal that followed. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Mannitol Prices in India in 2025

Indian prices eased from about USD 2,600.00/MT in Q1 2025 to USD 2,440.00/MT by Q4, down roughly 6.2%, the smallest annual decline of the four regions before the sharp reversal that followed into 2026. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Mannitol Prices in China in 2025

Chinese prices eased from about USD 2,100.00/MT in Q1 2025 to USD 1,970.00/MT by Q4, down roughly 6.2%, matching the smallest annual decline of the four regions before feedstock costs spiked sharply. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

How We Can Help

Expert Market Research: Your Source for Real-Time Mannitol Price Intelligence

Expert Market Research tracks Mannitol prices continuously across every major producing and consuming region, combining fructose and sucrose feedstock cost data, pharmaceutical excipient and food sweetener demand signals, and regional hydrogenation production capacity trends into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan purchases around the sharp reversal covered in this report, and build a defensible view of where this essential sugar alcohol is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.