Report Update Nov 1, 2024

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

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Dominican Republic: Triethanolamine Market 2024

Triethanolamine Market Size in the Dominican Republic

The Dominican triethanolamine market shrank slightly to $X in 2021, with a decrease of -3.6% 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). Over the period under review, consumption showed a perceptible decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Triethanolamine Exports

Exports from the Dominican Republic

In 2016, after two years of decline, there was decline in shipments abroad of triethanolamine and its salts, when their volume decreased by 0% to X kg. Overall, exports continue to indicate a dramatic curtailment. The smallest decline of 99.9% was in 2014. The exports peaked at X kg in 2013; however, from 2014 to 2016, the exports stood at a somewhat lower figure.

In value terms, triethanolamine exports stood at $X in 2016. In general, exports continue to indicate a dramatic decrease. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2016, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for triethanolamine exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2013 to 2016, the average annual growth rate of volume to the United States was relatively modest.

From 2013 to 2016, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

The average triethanolamine export price stood at $X per ton in 2016, approximately reflecting the previous year. Overall, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2016 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2013 to 2016, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Triethanolamine Imports

Imports into the Dominican Republic

For the sixth consecutive year, the Dominican Republic recorded decline in supplies from abroad of triethanolamine and its salts, which decreased by -4.5% to X tons in 2021. Overall, imports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2015 when imports increased by 18% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, triethanolamine imports reduced to $X in 2021. In general, imports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2015 with an increase of 16%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), Brazil (X tons) and Mexico (X tons) were the main suppliers of triethanolamine imports to the Dominican Republic, together accounting for 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +6.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest triethanolamine suppliers to the Dominican Republic were the United States ($X), Brazil ($X) and Mexico ($X), together comprising 96% of total imports.

Brazil, with a CAGR of +11.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average triethanolamine import price amounted to $X per ton, stabilizing at the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 1.2% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+5.1%), 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, with a combined 45% share of global consumption. These countries were followed by Pakistan, Japan, Germany, Brazil, Russia, France, the UK, Mexico, Iran and Italy, which together accounted for 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. These countries were followed by Pakistan, Japan, Germany, Brazil, Russia, France, the UK, Mexico, Iran and Italy, which together accounted for a further 33%.

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

In value terms, the largest triethanolamine suppliers to the Dominican Republic were the United States, Brazil and Mexico, together comprising 100% of total imports.

What is the average export price for triethanolamine and its salts in the Dominican Republic?

In 2016, the average triethanolamine export price amounted to $2,356 per ton, leveling off at the previous year.

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

The average triethanolamine import price stood at $1,296 per ton in 2020, standing approx. at the previous year.

This report provides an in-depth analysis of the triethanolamine market in the Dominican Republic. 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:

Dominican Republic

Data coverage:

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