During Q1 2025, the prices of PLA in the USA (FOB Houston) decreased significantly by 8% to USD 2,400/MT, a testament to changing market dynamics. The decrease was attributed to an abundant supply of raw material (Lactic Acid) and a competitive market environment, where several manufacturers ramped up production capacity. Additionally, a slowdown in industrial activities after the holiday season contributed to reduced short-term demand. However, growing adoption in 3D printing and electronics sectors continued to support the market. In Europe, imports dropped moderately because the local production started becoming cheaper, while in Asia, the supply was still strong with Thailand boosting its exports as there were government incentives backing bioplastics production.










