Northern America - Triethanolamine and Its Salts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Triethanolamine Market 2024
Triethanolamine Market Size in Northern America
In 2021, the North American triethanolamine market was finally on the rise to reach $X after two years of decline. In general, consumption, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in 2017 with an increase of 6.9%. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.
Triethanolamine Production in Northern America
In value terms, triethanolamine production amounted to $X in 2021 estimated in export price. Overall, production, however, saw a mild shrinkage. The growth pace was the most rapid in 2017 when the production volume increased by 6.8% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.
Triethanolamine Exports
Exports in Northern America
For the fifth year in a row, Northern America recorded decline in overseas shipments of triethanolamine and its salts, which decreased by -17.8% to X kg in 2021. Over the period under review, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2016 with an increase of 26% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, triethanolamine exports amounted to $X in 2021. Overall, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 12% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
The biggest shipments were from Canada (X kg), together recording 100% of total export.
Canada was also the fastest-growing in terms of the triethanolamine and its salts exports, with a CAGR of -45.5% from 2012 to 2021. Canada (+100 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Canada ($X) also remains the largest triethanolamine supplier in Northern America.
In Canada, triethanolamine exports contracted by an average annual rate of -39.5% over the period from 2012-2021.
Export Prices by Country
In 2021, the export price in Northern America amounted to $X per ton, rising by 22% against the previous year. In general, the export price posted a buoyant increase. The growth pace was the most rapid in 2020 an increase of 95%. Over the period under review, the export prices attained the peak figure in 2021 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to +10.9% per year.
Triethanolamine Imports
Imports in Northern America
In 2021, approx. X tons of triethanolamine and its salts were imported in Northern America; picking up by 9.1% on 2020. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 72%. The volume of import peaked in 2021 and is likely to continue growth in the near future.
In value terms, triethanolamine imports rose slightly to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 25% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
Canada (X tons) represented roughly 100% of total imports in 2021.
Canada was also the fastest-growing in terms of the triethanolamine and its salts imports, with a CAGR of +14.0% from 2012 to 2021. While the share of Canada (+28 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Canada ($X) constitutes the largest market for imported triethanolamine and its salts in Northern America.
In Canada, triethanolamine imports increased at an average annual rate of +3.4% over the period from 2012-2021.
Import Prices by Country
The import price in Northern America stood at $X per ton in 2021, dropping by -5.8% against the previous year. Over the period under review, the import price recorded a abrupt decline. The growth pace was the most rapid in 2013 when the import price decreased by -3% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -9.3% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the triethanolamine market in Northern America. 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:
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Northern America, split by region and country
- Trade (exports and imports) in Northern America
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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