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United Kingdom - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

United Kingdom - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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May 22, 2023

UK Monoethanolamine Price Grows to $2,241 per Ton

United Kingdom Monoethanolamine Import Price in January 2023

In January 2023, the monoethanolamine price amounted to $2,241 per ton (CIF, United Kingdom), surging by 4.3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 59% m-o-m. Over the period under review, average import prices hit record highs at $4,233 per ton in June 2022; however, from July 2022 to January 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In January 2023, the countries with the highest prices were Belgium ($2,274 per ton) and Germany ($2,221 per ton), while the price for Italy ($1,615 per ton) and the United States ($1,769 per ton) were amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.3%), while the prices for the other major suppliers experienced a decline.

COUNTRYImport Price of Monoethanolamine in United Kingdom (USD per ton)
Jan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
Belgium3,6351,7123,8693,248N/A2,5223,9291,5663,0482,3972,9582,7962,274
Germany2,9603,1252,6192,7804,9583,7582,7272,8332,7412,574N/A1,9692,221
Mexico2,680N/A2,8942,8283,1082,814N/AN/A2,8252,6652,4132,3242,172
Saudi Arabia2,5062,8132,7593,1452,9453,0572,8173,0812,1682,2442,4662,3061,949
United States2,4382,2392,607N/A1,926N/A2,9482,6492,4202,3002,2362,5971,769
Italy1,6941,7841,7465,3342,2521,6771,9014,9661,6074,792N/A1,8991,615
Netherlands2,6702,7982,6422,643N/AN/AN/AN/AN/AN/AN/AN/AN/A
France1,6081,6981,5871,6481,5181,9051,5582,1641,4801,7441,5331,532N/A
ChinaN/AN/A3,1923,1193,065N/A2,7752,8132,3441,894N/A1,722N/A
Average2,4582,5202,4843,9613,0254,2332,5872,8192,1862,3252,5502,1492,241

United Kingdom Monoethanolamine Imports

In January 2023, the amount of monoethanolamine and its salts imported into the UK amounted to 1.4K tons, growing by 7.7% on December 2022. Overall, imports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in March 2022 when imports increased by 74% against the previous month. As a result, imports attained the peak of 3.6K tons. From April 2022 to January 2023, the growth of imports remained at a somewhat lower figure.

In value terms, monoethanolamine imports totaled $3.1M (IndexBox estimates) in January 2023. In general, imports, however, recorded a deep setback. The pace of growth was the most pronounced in March 2022 with an increase of 72% m-o-m. As a result, imports reached the peak of $8.8M. From April 2022 to January 2023, the growth of imports remained at a lower figure.

United Kingdom Monoethanolamine Imports by Country

the United States (475 tons), Saudi Arabia (415 tons) and Belgium (297 tons) were the main suppliers of monoethanolamine imports to the UK, together comprising 85% of total imports.

From January 2022 to January 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +30.4%), while imports for the other leaders experienced a decline.

In value terms, the largest monoethanolamine suppliers to the UK were the United States ($841K), Saudi Arabia ($809K) and Belgium ($675K), with a combined 74% share of total imports.

Belgium, with a CAGR of +25.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the monoethanolamine market in the UK. 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:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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