Canada - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCanadian Imports of Monoethanolamine Decrease to $96M in 2023
Canada Monoethanolamine Imports
In 2023, supplies from abroad of monoethanolamine and its salts decreased by -4.1% to 48K tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 41%. Imports peaked at 50K tons in 2022, and then contracted in the following year.
In value terms, monoethanolamine imports reduced to $96M (IndexBox estimates) in 2023. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. Over the period under review, imports attained the maximum at $112M in 2022, and then reduced in the following year.
| COUNTRY | Import Value of Monoethanolamine in Canada (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 22.5 | 33.5 | 27.8 | 24.2 | 35.2 | 45.7 | 36.6 | 31.4 | 59.8 | 104 | 86.4 |
| China | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | N/A | 0.1 | 5.0 | 7.7 |
| Others | 0.1 | 0.4 | 0.1 | 0.3 | 0.2 | 0.1 | 0.3 | 0.2 | 1.5 | 3.3 | 2.1 |
| Total | 22.7 | 34.0 | 28.2 | 24.6 | 35.6 | 45.9 | 37.0 | 31.6 | 61.5 | 112 | 96.2 |
Imports by Country
In 2023, the United States (43K tons) constituted the largest supplier of monoethanolamine to Canada, accounting for a 88% share of total imports. Moreover, monoethanolamine imports from the United States exceeded the figures recorded by the second-largest supplier, China (4.7K tons), ninefold.
From 2013 to 2023, the average annual growth rate of volume from the United States totaled +9.5%.
In value terms, the United States ($86M) constituted the largest supplier of monoethanolamine and its salts to Canada, comprising 90% of total imports. The second position in the ranking was taken by China ($7.7M), with an 8% share of total imports.
From 2013 to 2023, the average annual growth rate of value from the United States stood at +14.4%.
Import Prices by Country
In 2023, the monoethanolamine price stood at $1,997 per ton (CIF, Canada), declining by -10.8% against the previous year. Overall, the import price, however, continues to indicate temperate growth. The most prominent rate of growth was recorded in 2022 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $2,240 per ton, and then contracted in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($2,024 per ton), while the price for China amounted to $1,630 per ton.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.4%).
This report provides an in-depth analysis of the monoethanolamine market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20144233 - Monoethanolamine and its salts
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
