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

Contents:

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

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

The average export price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $3,525 per ton in December 2023, with an increase of 22% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in May 2023 an increase of 31% against the previous month. The export price peaked at $3,863 per ton in June 2023; however, from July 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Singapore ($13,545 per ton), while the average price for exports to Brazil ($1,400 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+19.9%), 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 the United States (CIF) - 2022

In 2022, the average import price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $4,654 per ton, surging by 103% against the previous year. Over the period under review, the import price enjoyed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($34,958 per ton), while the price for Belgium ($1,201 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+19.5%), 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 the United States

In 2022, the amount of quaternary ammonium salts and hydroxides; choline and its saltses exported from the United States soared to 25K tons, growing by 46% on the previous year. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained 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 surged to $57M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina5.316.915.327.573.1%
Canada5.45.37.99.319.9%
Mexico6.34.56.96.61.6%
ItalyN/A0.20.52.0216.2%
Brazil0.90.10.51.16.9%
Thailand0.20.10.11.071.0%
BelgiumN/AN/AN/A0.70%
Others6.77.47.19.010.3%
Total24.834.438.557.332.2%

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

  1. Argentina (10.6K tons)
  2. Canada (4.8K tons)
  3. Mexico (4.1K tons)
  4. Italy (1.5K tons)
  5. Brazil (1.1K tons)
  6. Thailand (0.7K tons)
  7. Belgium (0.5K tons)

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

In 2022, imports of quaternary ammonium salts and hydroxides; choline and its saltses into the United States contracted remarkably to 6.4K tons, waning by -58.5% against the previous year. Over the period under review, imports recorded a precipitous curtailment. The smallest decline of -13.3% was in 2021.

In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses shrank sharply to $30M in 2022. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 6.4%.

Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7.48.19.110.713.1%
China6.24.47.310.017.3%
Belgium28.918.616.25.4-42.8%
India1.40.70.81.64.6%
Mexico0.90.1N/A0.6-12.6%
Others1.01.21.91.514.5%
Total45.733.235.329.8-13.3%

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

  1. Belgium (4.5K tons)
  2. China (1.2K tons)
  3. Italy (0.3K tons)
  4. India (0.2K tons)
  5. Mexico (0.1K tons)

Source: IndexBox Market Intelligence Platform

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