Report Update Nov 1, 2024

Iran - Monoethanolamine and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Monoethanolamine Market 2024

Monoethanolamine Market Size in Iran

The Iranian monoethanolamine market was estimated at $X in 2021, surging by 4.7% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Monoethanolamine Production in Iran

In value terms, monoethanolamine production shrank to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 22% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Monoethanolamine Exports

Exports from Iran

After two years of growth, overseas shipments of monoethanolamine and its salts decreased by -34.6% to X tons in 2021. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of 69% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, monoethanolamine exports shrank to $X in 2021. Over the period under review, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 61%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for monoethanolamine exports from Iran, accounting for a 59% share of total exports. Moreover, monoethanolamine exports to Turkey exceeded the volume sent to the second major destination, China (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey stood at +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-7.0% per year) and Ukraine (+14.3% per year).

In value terms, Turkey ($X) emerged as the key foreign market for monoethanolamine and its salts exports from Iran, comprising 61% of total exports. The second position in the ranking was held by China ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey stood at +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-8.1% per year) and Ukraine (+13.5% per year).

Export Prices by Country

In 2021, the average monoethanolamine export price amounted to $X per ton, surging by 41% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-0.7%), while the prices for the other major destinations experienced a decline.

Monoethanolamine Imports

Imports into Iran

For the fourth consecutive year, Iran recorded growth in supplies from abroad of monoethanolamine and its salts, which increased by 31% to X tons in 2021. Overall, imports enjoyed temperate growth. The most prominent rate of growth was recorded in 2019 when imports increased by 68% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, monoethanolamine imports fell to $X in 2021. Over the period under review, imports continue to indicate a mild expansion. The pace of growth was the most pronounced in 2019 with an increase of 102%. Over the period under review, imports reached the maximum at $X in 2020, and then declined in the following year.

Imports by Country

In 2021, India (X tons) was the main monoethanolamine supplier to Iran, with a 97% share of total imports. It was followed by the UK (X tons), with a 1.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from India totaled +24.7%.

In value terms, India ($X) constituted the largest supplier of monoethanolamine and its salts to Iran, comprising 96% of total imports. The second position in the ranking was held by the UK ($X), with a 3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India amounted to +13.8%.

Import Prices by Country

The average monoethanolamine import price stood at $X per ton in 2021, with a decrease of -27.1% against the previous year. Overall, the import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 38% against the previous year. 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 the UK ($X per ton), while the price for India totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.2%), while the prices for the other major suppliers experienced a decline.

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, with a combined 49% share of global production.

What are the leading suppliers of monoethanolamine and its salts to Iran?

In value terms, India constituted the largest supplier of monoethanolamine to Iran, comprising 96% of total imports. The second position in the ranking was occupied by the UK, with a 3% share of total imports.

What are the leading importers of monoethanolamine and its salts from Iran?

In value terms, Turkey remains the key foreign market for monoethanolamine exports from Iran, comprising 78% of total exports. The second position in the ranking was occupied by Ukraine, with a 21% share of total exports.

What is the average export price for monoethanolamine and its salts in Iran?

In 2021, the average monoethanolamine export price amounted to $759 per ton, shrinking by -21.1% against the previous year.

What is the average import price for monoethanolamine and its salts in Iran?

The average monoethanolamine import price stood at $3,041 per ton in 2021, declining by -2.4% against the previous year.

This report provides an in-depth analysis of the monoethanolamine market in Iran. 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:

Iran

Data coverage:

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