Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China - 2023
Contents:
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China (FOB) - 2022
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China (CIF) - 2022
- Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China
- Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China (FOB) - 2022
The average export price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $1,973 per ton in 2022, growing by 19% against the previous year. In general, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,487 per ton), while the average price for exports to the Dominican Republic ($138 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China (CIF) - 2022
In 2022, the average import price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $15,108 per ton, increasing by 12% against the previous year. Overall, the import price showed prominent growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 59%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($120,928 per ton), while the price for Japan ($6,124 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China
In 2022, exports of quaternary ammonium salts and hydroxides; choline and its saltses from China rose to 65K tons, surging by 1.7% against the previous year. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.9%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses soared to $127M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 14.2 | 21.9 | 30.8 | 32.3 | 31.5% |
| Russia | 3.1 | 4.3 | 8.1 | 14.4 | 66.9% |
| Thailand | 3.0 | 2.9 | 4.9 | 10.1 | 49.9% |
| Indonesia | 4.7 | 4.6 | 6.4 | 9.5 | 26.4% |
| Vietnam | 11.0 | 5.0 | 7.9 | 9.2 | -5.8% |
| Brazil | 5.5 | 4.8 | 5.7 | 4.3 | -7.9% |
| Australia | 1.6 | 1.4 | 2.6 | 3.8 | 33.4% |
| Taiwan (Chinese) | 1.7 | 1.6 | 1.7 | 3.4 | 26.0% |
| Philippines | 1.0 | 1.0 | 1.2 | 2.5 | 35.7% |
| Malaysia | 1.3 | 1.5 | 2.0 | 2.2 | 19.2% |
| Canada | 1.9 | 1.2 | 3.3 | 1.9 | 0.0% |
| Turkey | 1.5 | 0.9 | 3.8 | 1.2 | -7.2% |
| Dominican Republic | N/A | N/A | N/A | 0.2 | 0% |
| Others | 20.8 | 22.7 | 26.7 | 32.5 | 16.0% |
| Total | 71.2 | 73.7 | 105 | 127 | 21.3% |
Top Export Markets for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts from China in 2022:
- South Korea (9.7K tons)
- Indonesia (6.7K tons)
- Philippines (6.3K tons)
- Thailand (5.9K tons)
- Russia (4.1K tons)
- Vietnam (3.7K tons)
- Brazil (2.4K tons)
- Taiwan (Chinese) (2.2K tons)
- Australia (2.0K tons)
- Dominican Republic (1.7K tons)
- Turkey (1.4K tons)
- Malaysia (1.4K tons)
- Canada (1.1K tons)
Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China
In 2022, approx. 129 tons of quaternary ammonium salts and hydroxides; choline and its saltses were imported into China; which is down by -42.9% on 2021. Over the period under review, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, imports attained the peak of 227 tons, and then declined markedly in the following year.
In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses declined rapidly to $2M in 2022. In general, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of $3.1M, and then dropped rapidly in the following year.
| Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 408 | 529 | 843 | 898 | 30.1% |
| Italy | 125 | 120 | 660 | 491 | 57.8% |
| United States | 512 | 636 | 1,295 | 357 | -11.3% |
| Japan | 65.3 | 323 | 116 | 85.8 | 9.5% |
| Germany | 74.7 | 51.8 | 82.5 | 54.0 | -10.3% |
| Switzerland | 11.2 | 63.7 | 28.9 | 51.2 | 66.0% |
| India | 82.9 | 22.3 | 22.7 | 17.1 | -40.9% |
| Turkey | 66.1 | N/A | N/A | N/A | 0% |
| Others | 1.8 | 13.0 | 3.6 | 1.0 | -17.8% |
| Total | 1,347 | 1,759 | 3,051 | 1,955 | 13.2% |
Top Suppliers of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts to China in 2022:
- Spain (68.6 tons)
- United States (34.1 tons)
- Japan (14.0 tons)
- Italy (4.1 tons)
- Germany (3.8 tons)
- Switzerland (3.1 tons)
- India (1.8 tons)
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