Report Update Nov 1, 2024

Australia - Diethanolamine and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Diethanolamine Market 2024

Diethanolamine Market Size in Australia

In 2021, the Australian diethanolamine market was finally on the rise to reach $X after two years of decline. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Diethanolamine Exports

Exports from Australia

In 2021, overseas shipments of diethanolamine and its salts increased by 64% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a significant curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 134% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, diethanolamine exports soared to $X in 2021. In general, exports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 162%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Thailand (X tons), New Zealand (X tons) and Papua New Guinea (X kg) were the main destinations of diethanolamine exports from Australia, with a combined 97% share of total exports. Lao People's Democratic Republic lagged somewhat behind, accounting for a further 2.7%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lao People's Democratic Republic (with a CAGR of +101.5%), while the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X), New Zealand ($X) and Lao People's Democratic Republic ($X) were the largest markets for diethanolamine exported from Australia worldwide, together comprising 92% of total exports.

Thailand, with a CAGR of +30.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average diethanolamine export price amounted to $X per ton, with an increase of 40% against the previous year. Over the period under review, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 150%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+14.6%), while the prices for the other major destinations experienced mixed trend patterns.

Diethanolamine Imports

Imports into Australia

In 2021, purchases abroad of diethanolamine and its salts increased by 8.9% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 13%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, diethanolamine imports soared to $X in 2021. In general, imports, however, saw a mild reduction. The most prominent rate of growth was recorded in 2017 with an increase of 36% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Thailand (X tons) and Saudi Arabia (X tons) were the main suppliers of diethanolamine imports to Australia, with a combined 78% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +60.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Thailand ($X) and Saudi Arabia ($X) were the largest diethanolamine suppliers to Australia, together comprising 81% of total imports.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +59.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average diethanolamine import price stood at $X per ton in 2021, increasing by 17% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diethanolamine and its salts in the world?

The country with the largest volume of diethanolamine consumption was China, comprising approx. 29% of total volume. Moreover, diethanolamine consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Taiwan Chinese) ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of diethanolamine and its salts in the world?

Saudi Arabia remains the largest diethanolamine producing country worldwide, comprising approx. 39% of total volume. Moreover, diethanolamine production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Belgium, threefold. Malaysia ranked third in terms of total production with a 10% share.

What are the leading suppliers of diethanolamine and its salts to Australia?

In value terms, Malaysia, Thailand and Germany constituted the largest diethanolamine suppliers to Australia, with a combined 78% share of total imports.

What are the leading importers of diethanolamine and its salts from Australia?

In value terms, Malaysia, Thailand and South Africa were the largest markets for diethanolamine exported from Australia worldwide, together accounting for 77% of total exports. These countries were followed by New Zealand, Lao People's Democratic Republic and Papua New Guinea, which together accounted for a further 20%.

What is the average export price for diethanolamine and its salts in Australia?

In 2021, the average diethanolamine export price amounted to $2,130 per ton, which is down by -20.4% against the previous year.

What is the average import price for diethanolamine and its salts in Australia?

In 2021, the average diethanolamine import price amounted to $1,383 per ton, surging by 24% against the previous year.

This report provides an in-depth analysis of the diethanolamine market in Australia. 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 20144235 - Diethanolamine and its salts

Country coverage:

Australia

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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