Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Canada - 2024

Contents:

1. Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Canada (CIF) - 2024
2. Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Canada (FOB) - 2022
3. Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Canada
4. Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Canada

Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Canada (CIF) - 2024

The average import price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $1,542 per ton in January 2024, rising by 8.5% against the previous month. Over the period under review, import price indicated a mild expansion from January 2023 to January 2024: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for quaternary ammonium salts and hydroxides; choline and its saltses increased by +23.8% against November 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 74% against the previous month. As a result, import price reached the peak level of $2,110 per ton. From July 2023 to January 2024, 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 the United States ($2,391 per ton), while the price for China ($851 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $2,755 per ton in 2022, reducing by -4.3% against the previous year. Overall, the export price, however, showed a mild increase. The growth pace was the most rapid in 2020 an increase of 254%. As a result, the export price reached the peak level of $3,553 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Armenia ($2,851 per ton) and Germany ($2,785 per ton), while the average price for exports to Chile ($2,715 per ton) and China ($2,750 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+47.0%), 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 Canada

In 2022, approx. 11K tons of quaternary ammonium salts and hydroxides; choline and its saltses were imported into Canada; with a decrease of -14.3% against the year before. In general, imports showed a mild downturn. The pace of growth was the most pronounced in 2021 when imports increased by 33%. As a result, imports attained the peak of 13K tons, and then contracted in the following year.

In value terms, imports of quaternary ammonium salts and hydroxides; choline and its saltses rose rapidly to $18M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +80.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. China (5.8K tons)
2. United States (4.8K tons)
3. Japan (0.3K tons)

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

For the third consecutive year, Canada recorded decline in overseas shipments of quaternary ammonium salts and hydroxides; choline and its saltses, which decreased by -31.2% to 9.9 tons in 2022. In general, exports continue to indicate a sharp shrinkage.

In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses contracted notably to $27K in 2022. Overall, exports recorded a dramatic downturn. The smallest decline of -25.2% was in 2020.

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

1. Chile (3.0 tons)
2. China (1.7 tons)
3. Saudi Arabia (1.6 tons)
4. Germany (0.9 tons)
5. South Korea (0.9 tons)
6. Ireland (0.5 tons)
7. Armenia (0.4 tons)

Source: IndexBox Market Intelligence Platform