Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Germany - 2023
Contents:
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Germany (CIF) - 2023
- Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Germany
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Germany (CIF) - 2023
In November 2023, the average import price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $2,051 per ton, surging by 64% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $2,392 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($9,973 per ton), while the price for Belgium ($1,102 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 the Netherlands (+16.0%), 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 Germany
After three years of growth, purchases abroad of quaternary ammonium salts and hydroxides; choline and its saltses decreased by -0.1% to 12K tons in 2022. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, imports reached the peak of 12K tons, leveling off in the following year.
In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses skyrocketed to $22M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +46.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 8.5 | 6.8 | 10.3 | 13.9 | 17.8% |
| Netherlands | 0.4 | 1.8 | 2.3 | 3.1 | 97.9% |
| Spain | 2.4 | 2.8 | 2.7 | 2.0 | -5.9% |
| Italy | 0.9 | 1.6 | 1.5 | 1.2 | 10.1% |
| China | 1.6 | 1.3 | 0.9 | 0.9 | -17.5% |
| Others | 1.4 | 0.8 | 0.7 | 0.9 | -13.7% |
| Total | 15.3 | 15.1 | 18.5 | 22.1 | 13.0% |
Top Suppliers of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts to Germany in 2022:
- Belgium (10.0K tons)
- Netherlands (1.1K tons)
- China (0.6K tons)
- Italy (0.2K tons)
- Spain (0.2K tons)
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