Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in South Korea - 2022
Contents:
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in South Korea (CIF) - 2022
- Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in South Korea (FOB) - 2022
- Imports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in South Korea
- Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in South Korea
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in South Korea (CIF) - 2022
In 2022, the average import price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $30,219 per ton, declining by -33.2% against the previous year. Over the period under review, the import price recorded a pronounced setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 53%. As a result, import price attained the peak level of $45,229 per ton, and then fell remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($291,385 per ton), while the price for Belgium ($795 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in South Korea (FOB) - 2022
In 2022, the average export price for quaternary ammonium salts and hydroxides; choline and its saltses amounted to $1,773 per ton, growing by 49% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for quaternary ammonium salts and hydroxides; choline and its saltses increased by +64.4% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($17,682 per ton), while the average price for exports to Indonesia ($1,235 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+30.7%), 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 South Korea
After two years of decline, overseas purchases of quaternary ammonium salts and hydroxides; choline and its saltses increased by 30% to 2.2K tons in 2022. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 shrank to $68M in 2022. In general, imports, however, showed a slight decline. The pace of growth was the most pronounced in 2021 when imports increased by 48%. As a result, imports reached the peak of $78M, and then reduced in the following year.
| Import of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.2 | 25.3 | 36.3 | 33.0 | -3.0% |
| Italy | 32.7 | 25.0 | 39.8 | 30.9 | -1.9% |
| United States | 0.4 | 0.6 | 0.6 | 1.7 | 62.0% |
| India | 0.1 | 0.3 | N/A | 0.9 | 108.0% |
| Belgium | 1.4 | 1.1 | 0.8 | 0.9 | -13.7% |
| Spain | 0.4 | 0.3 | 0.5 | 0.5 | 7.7% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 71.3 | 52.7 | 78.1 | 67.9 | -1.6% |
Top Suppliers of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts to South Korea in 2022:
- Belgium (1077.5 tons)
- China (455.7 tons)
- United States (433.8 tons)
- India (120.5 tons)
- Italy (106.1 tons)
- Spain (50.5 tons)
Exports of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in South Korea
In 2022, the amount of quaternary ammonium salts and hydroxides; choline and its saltses exported from South Korea reduced remarkably to 2K tons, falling by -51.6% against the previous year's figure. In general, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 52%.
In value terms, exports of quaternary ammonium salts and hydroxides; choline and its saltses contracted markedly to $3.5M in 2022. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year.
| Export of Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 529 | 644 | 1,953 | 1,231 | 32.5% |
| Vietnam | 109 | 103 | 307 | 832 | 96.9% |
| Indonesia | 267 | 736 | 610 | 595 | 30.6% |
| Taiwan (Chinese) | 351 | 287 | 368 | 299 | -5.2% |
| Italy | 170 | 69.0 | 299 | 278 | 17.8% |
| Malaysia | 118 | 213 | 225 | 193 | 17.8% |
| China | 3,395 | 703 | 1,048 | N/A | -44.4% |
| Others | 162 | 124 | 10.4 | 46.5 | -34.0% |
| Total | 5,100 | 2,878 | 4,822 | 3,475 | -12.0% |
Top Export Markets for Quaternary Ammonium Salts and Hydroxides; Choline and Its Salts from South Korea in 2022:
- Thailand (929.8 tons)
- Indonesia (482.0 tons)
- Taiwan (Chinese) (192.6 tons)
- Italy (161.5 tons)
- Malaysia (122.5 tons)
- Vietnam (47.0 tons)
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