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

Contents:

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

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

The average import price for quaternary ammonium salts and hydroxides; choline and its saltses stood at $1,443 per ton in 2022, with an increase of 14% against the previous year. Overall, the import price continues to indicate slight growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 86%. As a result, import price reached the peak level of $2,253 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,982 per ton), while the price for China ($1,073 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $958 per ton, which is down by -9.5% against the previous year. Overall, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 9.5%. Over the period under review, the average export prices attained the peak figure at $1,356 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2018 to 2022, the rate of growth in terms of prices for Estonia amounted to -7.9% per year.

Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Latvia

In 2022, imports of quaternary ammonium salts and hydroxides; choline and its saltses into Latvia skyrocketed to 214 tons, picking up by 66% compared with 2021. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 193% against the previous year. 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 soared to $308K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 141%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/A10614133.0%
China30.284.033.076.636.4%
NetherlandsN/AN/A1.344.33307.7%
PolandN/AN/AN/A40.40%
Lithuania12.921.2N/AN/A64.3%
Others0.80.523.96.5101.0%
Total43.810616430891.6%

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

  1. Finland (95.7 tons)
  2. China (71.4 tons)
  3. Netherlands (23.0 tons)
  4. Poland (20.4 tons)

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

For the third consecutive year, Latvia recorded decline in overseas shipments of quaternary ammonium salts and hydroxides; choline and its saltses, which decreased by -57.6% to 212 kg in 2022. In general, exports showed a precipitous descent. The smallest decline of -11.6% was in 2020.

In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses reduced rapidly to $203 in 2022. Overall, exports showed a precipitous slump. The smallest decline of -14.9% was in 2020.

Export of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A0.10%
Estonia23.119.60.5N/A-85.3%
OthersN/AN/AN/A0.10%
Total23.119.60.50.2-79.5%

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

  1. Germany (212.0 kg)

Source: IndexBox Market Intelligence Platform

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