Report Update Nov 1, 2024

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

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Finland: Diethanolamine Market 2024

Diethanolamine Market Size in Finland

The Finnish diethanolamine market rose markedly to $X in 2021, with an increase of 11% 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). The market value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Diethanolamine Exports

Exports from Finland

For the third year in a row, Finland recorded growth in shipments abroad of diethanolamine and its salts, which increased by 45,000% to X tons in 2021. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, diethanolamine exports soared to $X in 2021. In general, exports posted a remarkable increase. The exports peaked at $X in 2017; afterwards, it flattened through to 2021.

Exports by Country

Russia (X tons) was the main destination for diethanolamine exports from Finland, with a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to Russia totaled +32.7%.

From 2013 to 2021, the average annual rate of growth in terms of value to Russia stood at +27.5%.

Export Prices by Country

The average diethanolamine export price stood at $X per ton in 2021, reducing by -97.1% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 13%. The export price peaked at $X per ton in 2020, and then reduced dramatically in the following year.

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

From 2013 to 2021, the rate of growth in terms of prices for Russia amounted to -3.9% per year.

Diethanolamine Imports

Imports into Finland

In 2021, diethanolamine imports into Finland expanded significantly to X tons, picking up by 12% on the year before. Overall, total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -32.0% against 2019 indices. The growth pace was the most rapid in 2019 when imports increased by 32%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, diethanolamine imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 18% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of diethanolamine to Finland, with a 80% share of total imports. Moreover, diethanolamine imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +100.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-18.7% per year) and Poland (+244.1% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of diethanolamine and its salts to Finland, comprising 80% of total imports. The second position in the ranking was taken by Germany ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands totaled +90.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-21.1% per year) and Poland (+224.1% per year).

Import Prices by Country

In 2021, the average diethanolamine import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 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 Poland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of diethanolamine consumption, 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 constituted the country with the largest volume of diethanolamine production, accounting for 39% of total volume. Moreover, diethanolamine production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Belgium, threefold. The third position in this ranking was occupied by Malaysia, with a 10% share.

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

In value terms, the Netherlands constituted the largest supplier of diethanolamine to Finland, comprising 80% of total imports. The second position in the ranking was occupied by Germany, with a 10% share of total imports.

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

The average diethanolamine export price stood at $1,641 per ton in 2021, dropping by -97.1% against the previous year.

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

The average diethanolamine import price stood at $1,561 per ton in 2021, increasing by 20% against the previous year.

This report provides an in-depth analysis of the diethanolamine market in Finland. 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:

Finland

Data coverage:

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