Czech Republic: Diethanolamine Market 2024

Diethanolamine Market Size in the Czech Republic

The Czech diethanolamine market soared to $X in 2021, jumping by 130% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a significant expansion. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Diethanolamine Exports

Exports from the Czech Republic

In 2021, diethanolamine exports from the Czech Republic skyrocketed to X tons, increasing by 570% compared with the previous year. Over the period under review, exports, however, faced a dramatic contraction. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, diethanolamine exports soared to $X in 2021. In general, exports, however, showed a precipitous decrease. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Austria (X tons) was the main destination for diethanolamine exports from the Czech Republic, accounting for a 68% share of total exports. Moreover, diethanolamine exports to Austria exceeded the volume sent to the second major destination, Romania (X tons), threefold. The third position in this ranking was taken by Hungary (X tons), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria totaled +28.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (0.0% per year) and Hungary (-30.5% per year).

In value terms, Austria ($X) emerged as the key foreign market for diethanolamine and its salts exports from the Czech Republic, comprising 63% of total exports. The second position in the ranking was held by Romania ($X), with a 24% share of total exports. It was followed by Slovakia, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria amounted to +20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (0.0% per year) and Slovakia (-43.1% per year).

Export Prices by Country

In 2021, the average diethanolamine export price amounted to $X per ton, increasing by 8.7% against the previous year. Over the period under review, the export price, however, showed a perceptible decrease. The growth pace was the most rapid in 2017 when the average export price increased by 11%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Slovakia ($X per ton) and Romania ($X per ton), while the average price for exports to Hungary ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+0.2%), while the prices for the other major destinations experienced a decline.

Diethanolamine Imports

Imports into the Czech Republic

For the fifth consecutive year, the Czech Republic recorded growth in supplies from abroad of diethanolamine and its salts, which increased by 110% to X tons in 2021. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, diethanolamine imports surged to $X in 2021. Over the period under review, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of diethanolamine to the Czech Republic, with a 78% share of total imports. Moreover, diethanolamine imports from Sweden exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), eightfold. The third position in this ranking was taken by Germany (X tons), with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden stood at +73.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+17.6% per year) and Germany (+3.0% per year).

In value terms, Sweden ($X) constituted the largest supplier of diethanolamine and its salts to the Czech Republic, comprising 74% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 9.9% share of total imports. It was followed by Germany, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden totaled +70.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+15.9% per year) and Germany (+3.8% per year).

Import Prices by Country

In 2021, the average diethanolamine import price amounted to $X per ton, increasing by 18% against the previous year. Overall, the import price, however, continues to indicate a pronounced slump. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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