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

Contents:

  1. Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Nigeria (CIF) - 2022
  2. Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Nigeria

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

In 2022, the average import price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $1,569 per ton, picking up by 44% against the previous year. Overall, the import price, however, saw a pronounced decrease. The import price peaked at $2,225 per ton in 2012; however, from 2013 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 ($2,054 per ton), while the price for China totaled $1,330 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.4%).

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

In 2022, supplies from abroad of quaternary ammonium salts and hydroxides; choline and its saltses decreased by -69.4% to 300 tons, falling for the second year in a row after two years of growth. Overall, imports faced a precipitous descent. The pace of growth was the most pronounced in 2020 when imports increased by 135% against the previous year. As a result, imports attained the peak of 2.6K 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 fell rapidly to $470K in 2022. Over the period under review, imports recorded a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of 134% against the previous year. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7491,660904321-24.6%
Belgium20259971.4116-16.9%
Others13828992.633.8-37.4%
Total1,0892,5481,068470-24.4%

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

  1. China (241.2 tons)
  2. Belgium (56.4 tons)

Source: IndexBox Market Intelligence Platform

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