Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand - 2024
Contents:
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand (CIF) - 2024
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand (FOB) - 2022
- Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand
- Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand (CIF) - 2024
The average import price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $912 per ton in January 2024, dropping by -7.4% against the previous month. In general, the import price recorded a deep slump. The growth pace was the most rapid in October 2023 when the average import price increased by 60% m-o-m. Over the period under review, average import prices attained the maximum at $1,733 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Belgium ($908 per ton), while the price for China totaled $846 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (-4.9%).
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand (FOB) - 2022
In 2022, the average export price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $2,653 per ton, with an increase of 76% against the previous year. Overall, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 127%. As a result, the export price reached the peak level of $3,421 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($12,419 per ton), while the average price for exports to Lao People's Democratic Republic ($814 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 Bangladesh (+0.3%), while the prices for the other major destinations experienced a decline.
Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand
In 2022, overseas purchases of quaternary ammonium salts and hydroxides; choline and its saltses decreased by -3.3% to 13K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year.
In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses surged to $20M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 2.9 | 4.7 | 10.1 | 61.4% |
| Belgium | 3.9 | 2.2 | 2.0 | 5.4 | 11.5% |
| Italy | 3.0 | 3.4 | 2.6 | 1.4 | -22.4% |
| South Korea | 0.5 | 0.7 | 2.1 | 1.3 | 37.5% |
| United States | 0.4 | 0.1 | 0.1 | 1.0 | 35.7% |
| Germany | 3.7 | 3.5 | 3.8 | 0.6 | -45.5% |
| Others | 0.8 | 0.6 | 0.5 | 0.5 | -14.5% |
| Total | 14.6 | 13.5 | 15.6 | 20.2 | 11.4% |
Top Suppliers of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts to Thailand in 2022:
- China (6.4K tons)
- Belgium (3.5K tons)
- Italy (1.4K tons)
- South Korea (0.9K tons)
- United States (0.7K tons)
- Germany (0.5K tons)
Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand
For the third year in a row, Thailand recorded decline in shipments abroad of quaternary ammonium salts and hydroxides; choline and its saltses, which decreased by -54.9% to 96 tons in 2022. In general, exports continue to indicate a sharp reduction. The smallest decline of -26.7% was in 2021.
In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses declined significantly to $253K in 2022. Over the period under review, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. As a result, the exports attained the peak of $989K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 85.8 | 125 | 96.5 | 143 | 18.6% |
| Bangladesh | 303 | 239 | 209 | 111 | -28.4% |
| Cambodia | 59.6 | 0.5 | 4.2 | N/A | -73.5% |
| United Arab Emirates | 98.7 | N/A | N/A | N/A | 0% |
| Lao People's Democratic Republic | 22.1 | N/A | 2.7 | N/A | -65.0% |
| Australia | 33.6 | 619 | N/A | N/A | 1742.3% |
| Others | 2.8 | 5.2 | 6.2 | N/A | 48.8% |
| Total | 606 | 989 | 319 | 253 | -25.3% |
Top Export Markets for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts from Thailand in 2022:
- Bangladesh (84.0 tons)
- Vietnam (11.5 tons)
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