Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Belgium - 2023
Contents:
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Belgium (FOB) - 2023
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Belgium (CIF) - 2023
- Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Belgium
- Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Belgium
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Belgium (FOB) - 2023
The average export price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $1,127 per ton in November 2023, waning by -7.8% against the previous month. In general, the export price showed a perceptible descent. The growth pace was the most rapid in July 2023 when the average export price increased by 10% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,466 per ton in November 2022; however, from December 2022 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was France ($1,592 per ton), while the average price for exports to Thailand ($909 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (-0.7%), while the prices for the other major destinations experienced a decline.
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Belgium (CIF) - 2023
The average import price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $5,410 per ton in November 2023, growing by 194% against the previous month. Overall, the import price continues to indicate strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,587 per ton), while the price for China ($1,118 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 (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Belgium
In 2022, approx. 64K tons of quaternary ammonium salts and hydroxides; choline and its saltses were exported from Belgium; approximately mirroring 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 2.3%. As a result, the exports reached the peak of 64K tons, leveling off in the following year.
In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses soared to $83M in 2022. The total export value increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.6 | 6.4 | 9.3 | 13.6 | 21.4% |
| Brazil | 6.4 | 6.1 | 7.2 | 11.2 | 20.5% |
| Italy | 3.3 | 4.7 | 3.7 | 5.3 | 17.1% |
| United States | 25.7 | 22.1 | 15.6 | 5.3 | -40.9% |
| Thailand | 3.5 | 2.1 | 1.8 | 4.9 | 11.9% |
| France | 2.7 | 3.0 | 2.4 | 3.8 | 12.1% |
| Netherlands | 0.9 | N/A | 2.0 | 2.9 | 47.7% |
| Spain | 1.0 | 1.3 | 1.4 | 2.7 | 39.2% |
| Turkey | 1.5 | 1.2 | 1.4 | 2.5 | 18.6% |
| Argentina | 0.7 | 1.1 | 1.3 | 2.3 | 48.7% |
| Morocco | 0.3 | 0.5 | 0.8 | 2.2 | 94.3% |
| Indonesia | 1.2 | 1.0 | 1.3 | 1.8 | 14.5% |
| Chile | 0.6 | 0.5 | 0.7 | 1.4 | 32.6% |
| Others | 9.5 | 8.9 | 17.6 | 23.3 | 34.9% |
| Total | 64.8 | 58.9 | 66.3 | 83.3 | 8.7% |
Top Export Markets for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts from Belgium in 2022:
- Brazil (11.1K tons)
- Germany (10.9K tons)
- Italy (5.0K tons)
- Thailand (3.5K tons)
- United States (3.1K tons)
- France (2.6K tons)
- Netherlands (2.1K tons)
- Spain (2.0K tons)
- Turkey (1.9K tons)
- Morocco (1.7K tons)
- Argentina (1.6K tons)
- Indonesia (1.2K tons)
- Chile (1.0K tons)
Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Belgium
In 2022, the amount of quaternary ammonium salts and hydroxides; choline and its saltses imported into Belgium shrank to 1.3K tons, declining by -6.1% compared with the previous year's figure. Overall, imports continue to indicate a drastic downturn. The smallest decline of -2.4% was in 2020.
In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses skyrocketed to $3M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. 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 Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 888 | 903 | 740 | 1,334 | 14.5% |
| China | 251 | 267 | 358 | 505 | 26.2% |
| Vietnam | 755 | 450 | 272 | 308 | -25.8% |
| Netherlands | 304 | 490 | 424 | 291 | -1.4% |
| Germany | 273 | 355 | 238 | 102 | -28.0% |
| Denmark | 24.4 | 45.9 | 87.1 | 93.8 | 56.7% |
| Others | 296 | 161 | 340 | 366 | 7.3% |
| Total | 2,791 | 2,672 | 2,460 | 2,999 | 2.4% |
Top Suppliers of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts to Belgium in 2022:
- Italy (508.1 tons)
- China (431.2 tons)
- Vietnam (145.3 tons)
- Netherlands (97.3 tons)
- Germany (23.5 tons)
- Denmark (22.2 tons)
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