Sweden: Diethanolamine Market 2024

Diethanolamine Market Size in Sweden

In 2021, the Swedish diethanolamine market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Diethanolamine Production in Sweden

In value terms, diethanolamine production declined slightly to $X in 2021 estimated in export price. Overall, production recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 27% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Diethanolamine Exports

Exports from Sweden

In 2021, approx. X tons of diethanolamine and its salts were exported from Sweden; falling by -8.1% compared with the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. As a result, the exports reached the peak of X tons, and then dropped in the following year.

In value terms, diethanolamine exports rose markedly to $X in 2021. Over the period under review, exports recorded a slight downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 40% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Poland (X tons) and Turkey (X tons) were the main destinations of diethanolamine exports from Sweden, together accounting for 44% of total exports. These countries were followed by Greece, the Czech Republic, Germany, China, Spain, Switzerland, Norway, Belgium, Austria and the Netherlands, which together accounted for a further 48%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +74.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Poland ($X) and Turkey ($X) appeared to be the largest markets for diethanolamine exported from Sweden worldwide, with a combined 44% share of total exports. These countries were followed by Greece, the Czech Republic, Germany, Switzerland, Spain, China, Norway, Belgium, Austria and the Netherlands, which together accounted for a further 48%.

The Czech Republic, with a CAGR of +69.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average diethanolamine export price amounted to $X per ton, surging by 21% against the previous year. Overall, the export price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 26%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to China ($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 Norway (-0.1%), while the prices for the other major destinations experienced a decline.

Diethanolamine Imports

Imports into Sweden

After three years of decline, overseas purchases of diethanolamine and its salts increased by 139% to X tons in 2021. In general, imports saw a prominent expansion. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, diethanolamine imports skyrocketed to $X in 2021. Overall, imports recorded a prominent expansion. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), Denmark (X tons) and Germany (X tons) were the main suppliers of diethanolamine imports to Sweden, with a combined 100% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +67.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X), Denmark ($X) and Germany ($X) constituted the largest diethanolamine suppliers to Sweden, with a combined 99% share of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +67.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average diethanolamine import price stood at $X per ton in 2021, surging by 37% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 271%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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