Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Malaysia - 2024

Contents:

1. Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Malaysia (CIF) - 2024
2. Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Malaysia (FOB) - 2022
3. Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Malaysia
4. Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Malaysia

Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Malaysia (CIF) - 2024

In January 2024, the average import price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $837 per ton, with an increase of 16% against the previous month. In general, the import price, however, recorded a deep slump. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 135% month-to-month. As a result, import price attained the peak level of $2,757 per ton. From November 2023 to January 2024, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -1.6% per month.

Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Malaysia (FOB) - 2022

The average export price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $1,163 per ton in 2022, shrinking by -11% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 79% against the previous year. As a result, the export price attained the peak level of $2,141 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,214 per ton), while the average price for exports to Thailand totaled $688 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+0.5%), while the prices for the other major destinations experienced a decline.

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

For the third consecutive year, Malaysia recorded decline in supplies from abroad of quaternary ammonium salts and hydroxides; choline and its saltses, which decreased by -10% to 4K tons in 2022. Overall, imports continue to indicate a deep downturn. The smallest decline of -1.3% was in 2020.

In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses dropped to $5.9M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of $5.9M, leveling off in the following year.

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

1. China (2644.1 tons)
2. Belgium (898.8 tons)
3. Italy (183.1 tons)
4. South Korea (140.0 tons)
5. Taiwan (Chinese) (97.5 tons)

Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Malaysia

In 2022, approx. 25 tons of quaternary ammonium salts and hydroxides; choline and its saltses were exported from Malaysia; waning by -73.2% on 2021. Over the period under review, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 92 tons, and then dropped significantly in the following year.

In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses shrank significantly to $29K in 2022. In general, exports recorded a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.

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

1. Singapore (22.1 tons)
2. Thailand (2.4 tons)

Source: IndexBox Market Intelligence Platform