Report Update Nov 1, 2024

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

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Kenya: Triethanolamine Market 2024

Triethanolamine Market Size in Kenya

In 2021, the Kenyan triethanolamine market increased by 2.1% to $X, rising for the second consecutive year after three years of decline. In general, consumption showed moderate growth. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Triethanolamine Exports

Exports from Kenya

In 2021, shipments abroad of triethanolamine and its salts decreased by -88.4% to X kg for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by 667%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, triethanolamine exports reduced markedly to $X in 2021. Overall, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2016 when exports increased by 586%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X kg) was the main destination for triethanolamine exports from Kenya, with a 88% share of total exports. Moreover, triethanolamine exports to Tanzania exceeded the volume sent to the second major destination, Uganda (X kg), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tanzania totaled -10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-38.0% per year) and Rwanda (-19.3% per year).

In value terms, Tanzania ($X) remains the key foreign market for triethanolamine and its salts exports from Kenya, comprising 93% of total exports. The second position in the ranking was held by Uganda ($X), with a 6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tanzania amounted to -21.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-48.7% per year) and Rwanda (-33.6% per year).

Export Prices by Country

In 2021, the average triethanolamine export price amounted to $X per ton, dropping by -23.8% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 4.6%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Rwanda ($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 Tanzania (-13.0%), while the prices for the other major destinations experienced a decline.

Triethanolamine Imports

Imports into Kenya

In 2021, overseas purchases of triethanolamine and its salts increased by 0.5% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 274%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, triethanolamine imports totaled $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 215%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons), Iran (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of triethanolamine imports to Kenya, with a combined 85% share of total imports. These countries were followed by Germany and South Korea, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +47.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Germany ($X) and Taiwan (Chinese) ($X) were the largest triethanolamine suppliers to Kenya, together comprising 75% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +55.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average triethanolamine import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 17%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Iran ($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 (+26.0%), 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 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, together accounting for 45% of global consumption. Pakistan, Japan, Germany, Brazil, Russia, France, the UK, Mexico, Iran and Italy lagged somewhat behind, together comprising 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, with a combined 45% share 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 Kenya?

In value terms, the largest triethanolamine suppliers to Kenya were Taiwan Chinese), Germany and Iran, with a combined 79% share of total imports. Saudi Arabia and South Korea lagged somewhat behind, together accounting for a further 20%.

What are the leading importers of triethanolamine and its salts from Kenya?

In value terms, the largest markets for triethanolamine exported from Kenya were Tanzania and Uganda.

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

In 2020, the average triethanolamine export price amounted to $3,237 per ton, remaining relatively unchanged against the previous year.

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

The average triethanolamine import price stood at $911 per ton in 2020, falling by -14.3% against the previous year.

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

Kenya

Data coverage:

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