Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Bangladesh - 2022
Contents:
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Bangladesh (CIF) - 2022
- Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Bangladesh
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Bangladesh (CIF) - 2022
In 2022, the average import price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $1,078 per ton, declining by -3.2% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for quaternary ammonium salts and hydroxides; choline and its saltses increased by +6.8% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 71%. Over the period under review, average import prices reached the peak figure at $1,280 per ton in 2014; however, from 2015 to 2022, 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 Belgium ($2,552 per ton), while the price for China ($745 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Bangladesh
In 2022, after three years of growth, there was significant decline in supplies from abroad of quaternary ammonium salts and hydroxides; choline and its saltses, when their volume decreased by -10.5% to 610 tons. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 681 tons, and then reduced in the following year.
In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses dropped to $657K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of $759K, and then fell in the following year.
| Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.2 | 126 | 197 | 290 | 117.5% |
| United Kingdom | 64.8 | 75.2 | 106 | 85.9 | 9.9% |
| Belgium | 72.8 | 76.6 | 98.3 | 72.0 | -0.4% |
| Germany | 46.6 | 54.1 | 76.6 | 61.8 | 9.9% |
| Thailand | 233 | 150 | 152 | 54.3 | -38.5% |
| South Korea | 49.0 | 61.1 | 72.4 | 48.9 | -0.1% |
| India | 20.0 | 9.2 | 51.2 | 40.6 | 26.6% |
| Others | 4.3 | 4.4 | 5.5 | 3.9 | -3.2% |
| Total | 518 | 556 | 759 | 657 | 8.2% |
Top Suppliers of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts to Bangladesh in 2022:
- China (388.9 tons)
- United Kingdom (88.5 tons)
- South Korea (28.8 tons)
- Belgium (28.2 tons)
- Germany (28.1 tons)
- Thailand (27.2 tons)
- India (19.6 tons)
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