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

Contents:

1. Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the Philippines (CIF) - 2023
2. Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the Philippines

Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the Philippines (CIF) - 2023

In November 2023, the average import price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $1,228 per ton, remaining stable against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 1,231% m-o-m. As a result, import price attained the peak level of $12,600 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($12,124 per ton), while the price for China ($792 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 Italy (+0.4%), while the prices for the other major suppliers experienced a decline.

Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in the Philippines

In 2022, overseas purchases of quaternary ammonium salts and hydroxides; choline and its saltses were finally on the rise to reach 1.6K tons after two years of decline. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses soared to $1.5M in 2022. In general, imports, however, continue to indicate a deep slump.

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

1. China (1574.8 tons)
2. Italy (11.3 tons)

Source: IndexBox Market Intelligence Platform