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

Contents:

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

Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the UK (CIF) - 2023

The average import price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $1,739 per ton in December 2023, rising by 15% against the previous month. Overall, the import price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in June 2023 an increase of 63% against the previous month. Over the period under review, average import prices hit record highs at $5,132 per ton in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,287 per ton), while the price for the Netherlands ($755 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $3,965 per ton in 2022, surging by 8.7% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for quaternary ammonium salts and hydroxides; choline and its saltses increased by +62.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 48%. The export price peaked at $5,087 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 the United States ($26,135 per ton), while the average price for exports to Germany ($2,153 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 Ireland (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the UK

In 2022, purchases abroad of quaternary ammonium salts and hydroxides; choline and its saltses increased by 17% to 2.2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a drastic downturn.

In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses soared to $6.2M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern.

Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5379055951,82750.4%
Italy2,7052,1211,2201,748-13.5%
Belgium8537877261,0657.7%
United States26839417655127.2%
Germany415381432116-34.6%
Denmark26.04.730.710257.7%
Netherlands18014712744.8-37.1%
Vietnam30426187.5N/A-46.4%
Others978618660737-9.0%
Total6,2665,6194,0556,191-0.4%

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

  1. Italy (774.0 tons)
  2. China (658.1 tons)
  3. Belgium (563.7 tons)
  4. United States (49.6 tons)
  5. Denmark (47.5 tons)
  6. Germany (29.7 tons)
  7. Netherlands (23.0 tons)

Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the UK

In 2022, the amount of quaternary ammonium salts and hydroxides; choline and its saltses exported from the UK dropped remarkably to 133 tons, which is down by -17.6% compared with the year before. In general, exports faced a dramatic shrinkage. The smallest decline of -7.4% was in 2021.

In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses shrank to $526K in 2022. Overall, exports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year.

Export of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland45.623.096.323171.7%
Ireland30.547.613852.119.5%
NigeriaN/AN/AN/A46.40%
IndiaN/AN/A8.920.7132.6%
Netherlands1.61.939.820.3133.2%
Belgium7.71.823.115.225.4%
France20241.478.111.1-62.0%
Germany79.437.898.610.1-49.7%
Kenya95.799.425.1N/A-48.8%
Denmark86.285.7N/AN/A-0.6%
Others12790.078.9119-2.1%
Total676429587526-8.0%

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

  1. Poland (46.5 tons)
  2. Nigeria (18.9 tons)
  3. Ireland (9.7 tons)
  4. Netherlands (5.4 tons)
  5. Germany (4.7 tons)
  6. Belgium (2.8 tons)
  7. France (1.8 tons)
  8. India (1.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Quaternary ammonium salts and hydroxides; choline and its salts - United Kingdom