Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Hong Kong SAR - 2023

Contents:

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

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

The average import price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $2,367 per ton in 2022, declining by -16.5% against the previous year. In general, the import price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 2,029%. The import price peaked at $34,942 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($1,044 per ton), while the price for China stood at $880 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.0%).

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

In 2022, the average export price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $143,758 per ton, picking up by 8,091% against the previous year. Over the period under review, the export price showed a significant expansion. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($364,063 per ton), while the average price for exports to the UK totaled $73,260 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+84.0%), 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 Hong Kong SAR

Imports of quaternary ammonium salts and hydroxides; choline and its saltses into Hong Kong SAR surged to 83 tons in 2022, increasing by 63% compared with the year before. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 301%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses skyrocketed to $197K in 2022. Over the period under review, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 45%. As a result, imports reached the peak of $443K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts to Hong Kong SAR in 2022:

1. China (55.2 tons)
2. South Korea (27.6 tons)

Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Hong Kong SAR

In 2022, exports of quaternary ammonium salts and hydroxides; choline and its saltses from Hong Kong SAR shrank rapidly to 66 kg, which is down by -99.9% on the previous year's figure. Over the period under review, exports recorded a precipitous shrinkage. The smallest decline of -25.6% was in 2020.

In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses declined notably to $9.5K in 2022. In general, exports continue to indicate a significant curtailment. The smallest decline of -7.7% was in 2020.

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

1. United Kingdom (50.0 kg)
2. United States (16.0 kg)

Source: IndexBox Market Intelligence Platform