Report Update Nov 1, 2024

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

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Kuwait: Triethanolamine Market 2024

Triethanolamine Market Size in Kuwait

In 2021, the Kuwaiti triethanolamine market increased by 35% to $X for the first time since 2015, thus ending a five-year declining trend. Over the period under review, consumption, however, showed a significant decrease. Triethanolamine consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Triethanolamine Exports

Exports from Kuwait

Triethanolamine exports from Kuwait amounted to X tons in 2015, approximately equating 2014 figures. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2015 and are likely to see steady growth in the immediate term.

In value terms, triethanolamine exports totaled $X in 2015. In general, exports showed a relatively flat trend pattern. The exports peaked in 2015 and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for triethanolamine exports from Kuwait, accounting for a approx. 100% share of total exports.

From 2015 to 2015, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2015 to 2015, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Triethanolamine Imports

Imports into Kuwait

In 2021, overseas purchases of triethanolamine and its salts were finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. In general, imports, however, saw a dramatic decline. The pace of growth appeared the most rapid in 2013 with an increase of 26%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, triethanolamine imports surged to $X in 2021. Overall, imports, however, showed a precipitous slump. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), Taiwan (Chinese) (X tons) and the United States (X kg) were the main suppliers of triethanolamine imports to Kuwait, with a combined 96% share of total imports. The United Arab Emirates lagged somewhat behind, accounting for a further 3.8%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of -15.4%), while imports for the other leaders experienced a decline.

In value terms, Taiwan (Chinese) ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) were the largest triethanolamine suppliers to Kuwait, with a combined 99% share of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of -2.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average triethanolamine import price stood at $X per ton in 2021, growing by 13% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2015 an increase of 24% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the price for the United States ($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 Arab Emirates (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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. 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, 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 Kuwait?

In value terms, the largest triethanolamine suppliers to Kuwait were Taiwan Chinese), Saudi Arabia and the United Arab Emirates, with a combined 91% share of total imports.

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

In 2015, the average triethanolamine export price amounted to $1,442 per ton, remaining relatively unchanged against the previous year.

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

In 2020, the average triethanolamine import price amounted to $1,170 per ton, with a decrease of -10.2% against the previous year.

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

Kuwait

Data coverage:

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