Report Update Nov 1, 2024

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

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Sri Lanka: Triethanolamine Market 2024

Triethanolamine Market Size in Sri Lanka

In 2021, the Sri Lankan triethanolamine market was finally on the rise to reach $X after three years of decline. In general, consumption showed a tangible expansion. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Triethanolamine Exports

Exports from Sri Lanka

In 2016, the amount of triethanolamine and its salts exported from Sri Lanka stood at X kg, remaining relatively unchanged against 2015. Over the period under review, exports continue to indicate a strong expansion. The smallest decline of 99.9% was in 2013. Over the period under review, the exports reached the peak figure in 2016 and are likely to see gradual growth in the immediate term.

In value terms, triethanolamine exports stood at $X in 2016. In general, exports continue to indicate a sharp downturn. The smallest decline of 99.9% was in 2013. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

Exports by Country

Maldives (X kg) was the main destination for triethanolamine exports from Sri Lanka, with a approx. 100% share of total exports.

From 2012 to 2016, the average annual growth rate of volume to Maldives was relatively modest.

From 2012 to 2016, the average annual rate of growth in terms of value to Maldives was relatively modest.

Export Prices by Country

The average triethanolamine export price stood at $X per ton in 2016, remaining constant against the previous year. Overall, the export price showed a dramatic slump. The pace of growth appeared the most rapid in 2013 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2016, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2016, the rate of growth in terms of prices for India amounted to 0.0% per year.

Triethanolamine Imports

Imports into Sri Lanka

After three years of decline, overseas purchases of triethanolamine and its salts increased by 56% to X tons in 2021. Over the period under review, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2015 when imports increased by 289%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, triethanolamine imports skyrocketed to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 208% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), India (X tons) and Australia (X tons) were the main suppliers of triethanolamine imports to Sri Lanka, together accounting for 95% of total imports. Germany and the United States lagged somewhat behind, together comprising a further 3.8%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +35.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of triethanolamine and its salts to Sri Lanka, comprising 63% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 29% share of total imports. It was followed by Australia, with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-3.3% per year) and Australia (-2.8% per year).

Import Prices by Country

The average triethanolamine import price stood at $X per ton in 2021, increasing by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-7.9%), while the prices for the other major suppliers experienced a decline.

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. 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 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 Sri Lanka?

In value terms, India constituted the largest supplier of triethanolamine to Sri Lanka, comprising 67% of total imports. The second position in the ranking was occupied by Saudi Arabia, with a 24% share of total imports.

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

The average triethanolamine export price stood at $1,000 per ton in 2010, remaining relatively unchanged against the previous year.

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

In 2020, the average triethanolamine import price amounted to $944 per ton, which is down by -13.7% against the previous year.

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

Sri Lanka

Data coverage:

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