Report Update Nov 1, 2024

Azerbaijan - Triethanolamine and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Triethanolamine Market 2024

Triethanolamine Market Size in Azerbaijan

In 2021, the Azerbaijani triethanolamine market decreased by -0.6% to $X, falling for the fifth year in a row after five years of growth. In general, consumption saw a significant increase. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Triethanolamine Exports

Exports from Azerbaijan

Triethanolamine exports from Azerbaijan amounted to less than X kg in 2021, remaining stable against the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern.

In value terms, triethanolamine exports totaled less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern.

Triethanolamine Imports

Imports into Azerbaijan

For the fourth year in a row, Azerbaijan recorded growth in overseas purchases of triethanolamine and its salts, which increased by 0.3% to X tons in 2021. In general, imports posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of 304%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, triethanolamine imports fell modestly to $X in 2021. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 242% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main triethanolamine supplier to Azerbaijan, accounting for a 92% share of total imports. Moreover, triethanolamine imports from Turkey exceeded the figures recorded by the second-largest supplier, Iran (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +41.8%.

In value terms, Turkey ($X) constituted the largest supplier of triethanolamine and its salts to Azerbaijan, comprising 92% of total imports. The second position in the ranking was taken by Iran ($X), with a 7.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +31.0%.

Import Prices by Country

The average triethanolamine import price stood at $X per ton in 2021, dropping by -2.6% against the previous year. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 9.8%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Iran totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (-2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of triethanolamine consumption in 2020 were China, the United States and India, together accounting for 45% of global consumption. Pakistan, Japan, Germany, Brazil, Russia, France, the UK, Mexico, Iran and Italy lagged somewhat behind, together comprising a further 33%.

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

The countries with the highest volumes of triethanolamine production in 2020 were China, the United States and India, together comprising 45% of global production. Pakistan, Japan, Germany, Brazil, Russia, France, the UK, Mexico, Iran and Italy lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of triethanolamine and its salts to Azerbaijan?

In value terms, Turkey constituted the largest supplier of triethanolamine to Azerbaijan.

What is the average import price for triethanolamine and its salts in Azerbaijan?

In 2020, the average triethanolamine import price amounted to $2,317 per ton, growing by 16% against the previous year.

This report provides an in-depth analysis of the triethanolamine market in Azerbaijan. 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 20144237 - Triethanolamine and its salts

Country coverage:

Azerbaijan

Data coverage:

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