Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Vietnam - 2022

Contents:

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

Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Vietnam (CIF) - 2022

The average import price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $927 per ton in 2022, with an increase of 15% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the average import price increased by 45%. As a result, import price attained the peak level of $2,920 per ton. From 2014 to 2022, the average 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 the United States ($4,403 per ton), while the price for South Korea ($459 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $1,124 per ton in 2022, with a decrease of -4.5% against the previous year. Overall, the export price showed a pronounced decline. The pace of growth appeared the most rapid in 2015 when the average export price increased by 29%. Over the period under review, the average export prices attained the peak figure at $2,573 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($1,402 per ton), while the average price for exports to Norway ($584 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 Denmark (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of quaternary ammonium salts and hydroxides; choline and its saltses into Vietnam fell rapidly to 9.5K tons, shrinking by -17.3% against the previous year. Overall, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of 11K tons, and then fell significantly in the following year.

In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses reduced modestly to $8.8M in 2022. In general, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 10%.

Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.13.23.14.7-12.8%
Belgium3.81.92.31.5-26.6%
South KoreaN/A0.1N/A0.4100.0%
Italy0.70.50.30.3-24.6%
Others6.12.73.51.9-32.2%
Total17.78.49.28.8-20.8%

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

  1. China (4.3K tons)
  2. Belgium (2.1K tons)
  3. South Korea (0.9K tons)
  4. Italy (0.1K tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of quaternary ammonium salts and hydroxides; choline and its saltses, when their volume increased by 30% to 8.8 tons. Over the period under review, exports, however, saw a abrupt downturn.

In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses soared to $9.9K in 2022. Overall, exports, however, recorded a deep contraction.

Export of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Vietnam (USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/A1,6612,33740.7%
Belgium2,9911,753775799-35.6%
Poland6601,862999606-2.8%
Italy846763513593-11.2%
United Kingdom1,2061,007246581-21.6%
Norway1,010522134390-27.2%
Netherlands306219236225-9.7%
Germany1,292356N/AN/A-72.4%
Others7,3505,3483,4364,382-15.8%
Total15,66111,8308,0009,913-14.1%

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

  1. Denmark (1.7 tons)
  2. United Kingdom (1.0 tons)
  3. Poland (0.8 tons)
  4. Norway (0.7 tons)
  5. Italy (0.6 tons)
  6. Belgium (0.6 tons)
  7. Netherlands (0.3 tons)

Source: IndexBox Market Intelligence Platform

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