Report Update Nov 1, 2024

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

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Scandinavia: Triethanolamine Market 2024

Triethanolamine Market Size in Scandinavia

After three years of decline, the Scandinavia triethanolamine market increased by 1.9% to $X in 2021. Overall, consumption, however, showed a pronounced downturn. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Triethanolamine Production in Scandinavia

In value terms, triethanolamine production stood at $X in 2021 estimated in export price. Overall, production, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of 14% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Triethanolamine Exports

Exports in Scandinavia

In 2019, the amount of triethanolamine and its salts exported in Scandinavia expanded sharply to X tons, rising by 7.5% against 2018 figures. The total export volume increased at an average annual rate of +2.6% over the period from 2012 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2016 when exports increased by 13%. The volume of export peaked in 2019 and is likely to see steady growth in the immediate term.

In value terms, triethanolamine exports expanded notably to $X in 2019. Overall, exports, however, saw a mild decline. The growth pace was the most rapid in 2014 with an increase of 8.5% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2019, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the two major exporters of triethanolamine and its salts, namely Denmark and Sweden, represented more than two-thirds of total export.

From 2012 to 2019, the biggest increases were recorded for Denmark (with a CAGR of +5.6%).

In value terms, the largest triethanolamine supplying countries in Scandinavia were Sweden ($X) and Denmark ($X).

In terms of the main exporting countries, Sweden, with a CAGR of +0.2%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2019, declining by -2.3% against the previous year. In general, the export price saw a pronounced setback. The pace of growth was the most pronounced in 2013 an increase of 5% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2019, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2019, the country with the highest price was Sweden ($X per ton), while Denmark totaled $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Sweden (-2.7%).

Triethanolamine Imports

Imports in Scandinavia

In 2021, supplies from abroad of triethanolamine and its salts decreased by -8.8% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports recorded a dramatic curtailment. The growth pace was the most rapid in 2016 with an increase of 36% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, triethanolamine imports shrank to $X in 2021. Overall, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2013 with an increase of 33%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Norway (X tons) represented roughly 99% of total imports in 2021.

Norway was also the fastest-growing in terms of the triethanolamine and its salts imports, with a CAGR of -4.2% from 2012 to 2021. Norway (+95 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Norway ($X) constitutes the largest market for imported triethanolamine and its salts in Scandinavia.

From 2012 to 2021, the average annual rate of growth in terms of value in Norway stood at -2.8%.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, almost unchanged from the previous year. Import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, triethanolamine import price increased by +79.7% against 2019 indices. The growth pace was the most rapid in 2020 when the import price increased by 79%. The level of import peaked in 2021 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2012 to 2021, the rate of growth in terms of prices for Norway amounted to +1.4% per year.

Source: IndexBox Platform

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

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Scandinavia, split by region and country
Trade (exports and imports) in Scandinavia
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Finland
- Norway
- Sweden
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023