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

Contents:

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

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

The average import price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $8,004 per ton in 2022, almost unchanged from the previous year. In general, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 44% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 the Netherlands ($12,238 per ton), while the price for China ($1,665 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Singapore (FOB) - 2022

The average export price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $8,242 per ton in 2022, with an increase of 214% against the previous year. In general, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($15,457 per ton), while the average price for exports to the United States ($2,104 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of quaternary ammonium salts and hydroxides; choline and its saltses decreased by -18.4% to 240 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, imports reached the peak of 312 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses fell markedly to $1.9M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, imports attained the peak of $2.3M, and then fell sharply in the following year.

Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0389911,214856-6.2%
Spain24037854780249.5%
Netherlands19737334476.5-27.0%
China66.364.779.274.43.9%
Italy16016114319.6-50.3%
Others17937.120.391.7-20.0%
Total1,8792,0062,3481,9210.7%

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

  1. Spain (101.6 tons)
  2. United States (84.0 tons)
  3. China (44.7 tons)
  4. Netherlands (6.3 tons)
  5. Italy (2.0 tons)

Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Singapore

In 2022, approx. 17 tons of quaternary ammonium salts and hydroxides; choline and its saltses were exported from Singapore; dropping by -47.1% compared with the previous year. In general, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 240% against the previous year. As a result, the exports reached the peak of 32 tons, and then dropped sharply in the following year.

In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses surged to $139K in 2022. Over the period under review, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 120%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia28.314.420.836.28.6%
New Zealand17.1N/AN/A28.418.4%
South KoreaN/AN/AN/A20.30%
Sri Lanka9.511.314.411.46.3%
IrelandN/AN/AN/A8.00%
Australia25.53.3N/A5.5-40.0%
United StatesN/A3.3N/A5.529.1%
China0.7N/A21.04.281.7%
PakistanN/AN/A26.0N/A0%
Others10.15.91.619.925.4%
Total91.238.183.913915.1%

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

  1. Sri Lanka (5.0 tons)
  2. New Zealand (3.0 tons)
  3. United States (2.6 tons)
  4. Malaysia (2.3 tons)
  5. South Korea (2.0 tons)
  6. Ireland (1.0 tons)
  7. China (0.4 tons)
  8. Australia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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