Report Update Nov 1, 2024

Hong Kong SAR, China - Monoethanolamine and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Monoethanolamine Market 2024

Monoethanolamine Market Size in Hong Kong SAR, China

The Hong Kong monoethanolamine market declined sharply to $X in 2021, with a decrease of -49.1% 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 deep downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Monoethanolamine Exports

Exports from Hong Kong SAR, China

In 2021, shipments abroad of monoethanolamine and its salts decreased by -46.8% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2019 when exports increased by 1,122%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, monoethanolamine exports fell to $X in 2021. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 894%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for monoethanolamine exports from Hong Kong SAR, with a 95% share of total exports. Moreover, monoethanolamine exports to India exceeded the volume sent to the second major destination, China (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to India amounted to +1.4%.

In value terms, India ($X) remains the key foreign market for monoethanolamine and its salts exports from Hong Kong SAR, comprising 88% of total exports. The second position in the ranking was held by China ($X), with an 8.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to India amounted to -11.6%.

Export Prices by Country

In 2021, the average monoethanolamine export price amounted to $X per ton, surging by 65% against the previous year. Over the period under review, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 139% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to India totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.7%), while the prices for the other major destinations experienced a decline.

Monoethanolamine Imports

Imports into Hong Kong SAR, China

In 2021, after two years of growth, there was significant decline in purchases abroad of monoethanolamine and its salts, when their volume decreased by -52.9% to X tons. Overall, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of 25%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, monoethanolamine imports declined significantly to $X in 2021. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

South Korea (X tons), Singapore (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of monoethanolamine imports to Hong Kong SAR, with a combined 49% share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +86.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, South Korea ($X), Singapore ($X) and Malaysia ($X) appeared to be the largest monoethanolamine suppliers to Hong Kong SAR, together comprising 45% of total imports.

Among the main suppliers, South Korea, with a CAGR of +57.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average monoethanolamine import price amounted to $X per ton, picking up by 15% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 15%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 34% share of global consumption. These countries were followed by Russia, Canada, the UK, Brazil, Germany, Japan, Turkey, Mexico, Italy and Spain, which together accounted for a further 39%.

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

The countries with the highest volumes of in 2021 were the United States, Saudi Arabia and China, together accounting for 49% of global production.

What are the leading suppliers of monoethanolamine and its salts to Hong Kong SAR, China?

In value terms, South Korea, Singapore and Malaysia appeared to be the largest monoethanolamine suppliers to Hong Kong SAR, together comprising 98% of total imports.

What are the leading importers of monoethanolamine and its salts from Hong Kong SAR, China?

In value terms, India remains the key foreign market for monoethanolamine exports from Hong Kong SAR.

What is the average export price for monoethanolamine and its salts in Hong Kong SAR, China?

The average monoethanolamine export price stood at $1,659 per ton in 2021, shrinking by -16.6% against the previous year.

What is the average import price for monoethanolamine and its salts in Hong Kong SAR, China?

The average monoethanolamine import price stood at $1,348 per ton in 2021, increasing by 24% against the previous year.

This report provides an in-depth analysis of the monoethanolamine market in Hong Kong SAR, China. 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 20144233 - Monoethanolamine and its salts

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
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