Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Spain - 2023
Contents:
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Spain (CIF) - 2023
- Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Spain
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Spain (CIF) - 2023
The average import price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $1,090 per ton in November 2023, dropping by -37.1% against the previous month. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in May 2023 an increase of 40% m-o-m. As a result, import price reached the peak level of $3,047 per ton. From June 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($2,107 per ton), while the price for China ($881 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.3%), while the prices for the other major suppliers experienced a decline.
Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Spain
In 2022, approx. 3.6K tons of quaternary ammonium salts and hydroxides; choline and its saltses were imported into Spain; increasing by 10% against the year before. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. As a result, imports attained the peak of 3.7K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses soared to $8.1M in 2022. The total import value increased at an average annual rate of +13.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 1.1 | 1.4 | 1.5 | 3.0 | 39.7% |
China | 1.8 | 2.0 | 1.6 | 2.3 | 8.5% |
Italy | 0.9 | 1.0 | 2.3 | 1.4 | 15.9% |
India | 1.0 | 1.2 | 0.8 | 0.8 | -7.2% |
Others | 0.7 | 0.8 | 0.4 | 0.6 | -5.0% |
Total | 5.5 | 6.4 | 6.6 | 8.1 | 13.8% |
Top Suppliers of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts to Spain in 2022:
- Belgium (2065.3 tons)
- China (873.3 tons)
- Italy (526.0 tons)
- India (45.4 tons)
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