HS Code:
Choline and its salts (HS Code: 292310) are organic compounds essential for various biological functions, including cell membrane formation and neurotransmitter synthesis. Choline is widely used in animal feed additives, dietary supplements, pharmaceuticals, and food products. As a critical nutrient, it plays a significant role in livestock health and human nutrition, driving its demand in global markets. The trade of choline and its salts is influenced by agricultural production levels, dietary supplement trends, and regulatory frameworks surrounding food and feed safety.
Total Trade Volume
Approximately USD 1.2 billion
Data from 2022
Source
UN Comtrade Database, International Trade Centre (ITC)
USD 450 million
37.5% of total trade of total trade
Increasing
USD 250 million
20.8% of total trade of total trade
Stable
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Stable
USD 80 million
6.7% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for animal feed additives
Increased trade volume due to growth in global livestock production, particularly in Asia-Pacific and Latin America
2021-2023
Growing popularity of dietary supplements
Higher imports in North America and Europe as consumers focus on health and wellness products
2020-2022
Shift toward sustainable production
Emerging preference for bio-based choline products, influencing trade patterns and supplier selection
2022-2023
The European Union introduced stricter safety and labeling requirements for choline used in animal feed to ensure compliance with food safety standards.
March 2023
Potential short-term reduction in imports from non-compliant suppliers, with increased costs for certification.
Major Chinese manufacturers announced investments in new choline production facilities to meet growing global demand, particularly in Asia.
July 2022
Likely to strengthen China's position as the leading exporter, potentially lowering global prices due to increased supply.
Updated provisions under the USMCA facilitated tariff-free trade of choline and its salts among the US, Mexico, and Canada, boosting regional trade.
January 2023
Increased trade flows within North America, benefiting US exporters and reducing costs for importers in the region.