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

Contents:

1. Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Spain (CIF) - 2023
2. 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.

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

1. Belgium (2065.3 tons)
2. China (873.3 tons)
3. Italy (526.0 tons)
4. India (45.4 tons)

Source: IndexBox Market Intelligence Platform