Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in India - 2023

Contents:

1. Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in India (FOB) - 2023
2. Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in India (CIF) - 2022
3. Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in India
4. Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in India

Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in India (FOB) - 2023

In November 2023, the average export price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $2,934 per ton, which is down by -19% against the previous month. Over the period under review, the export price, however, saw moderate growth. The most prominent rate of growth was recorded in February 2023 an increase of 123% m-o-m. As a result, the export price reached the peak level of $6,615 per ton. From March 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Canada ($11,164 per ton), while the average price for exports to Saudi Arabia ($1,217 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+0.5%), 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 India (CIF) - 2022

In 2022, the average import price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $9,631 per ton, surging by 35% against the previous year. Overall, the import price, however, saw a abrupt setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 233%. Over the period under review, average import prices attained the maximum at $21,933 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 ($44,771 per ton), while the price for Vietnam ($1,538 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+56.8%), 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 India

In 2022, exports of quaternary ammonium salts and hydroxides; choline and its saltses from India surged to 4.3K tons, growing by 121% against the year before. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses soared to $14M in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts from India in 2022:

1. Saudi Arabia (1615.5 tons)
2. Italy (1585.0 tons)
3. South Korea (173.4 tons)
4. United States (163.8 tons)
5. Bangladesh (123.2 tons)
6. United Arab Emirates (105.4 tons)
7. Brazil (102.6 tons)
8. Thailand (96.0 tons)
9. France (81.8 tons)
10. Tanzania (40.0 tons)

Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in India

In 2022, the amount of quaternary ammonium salts and hydroxides; choline and its saltses imported into India declined notably to 97 tons, dropping by -29.2% against the previous year. Overall, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 56%.

In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses fell modestly to $930K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. As a result, imports reached the peak of $976K, and then declined in the following year.

Top Suppliers of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts to India in 2022:

1. Croatia (34.4 tons)
2. China (21.1 tons)
3. Spain (16.0 tons)
4. Italy (10.0 tons)
5. Vietnam (9.6 tons)
6. Germany (2.7 tons)
7. United States (0.5 tons)

Source: IndexBox Market Intelligence Platform