Report Thailand - Diethanolamine and Its Salts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Thailand - Diethanolamine and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Diethanolamine Market 2024

Diethanolamine Market Size in Thailand

In 2021, the Thai diethanolamine market increased by 5.8% to $X, rising for the second consecutive year after seven years of decline. In general, consumption recorded a temperate increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Diethanolamine Production in Thailand

In value terms, diethanolamine production amounted to $X in 2021 estimated in export price. Over the period under review, production showed a dramatic setback. The pace of growth was the most pronounced in 2019 with an increase of 94% against the previous year. Diethanolamine production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Diethanolamine Exports

Exports from Thailand

In 2021, approx. X tons of diethanolamine and its salts were exported from Thailand; increasing by 32% against the year before. Overall, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by 88% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, diethanolamine exports amounted to less than $X in 2021. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of 29%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Myanmar (X tons) was the main destination for diethanolamine exports from Thailand, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Myanmar was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to No country was relatively modest.

Export Prices by Country

In 2019, the average diethanolamine export price amounted to $X per ton, falling by -31.3% against the previous year. Overall, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 15% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2019, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2019, amid the top suppliers, the countries with the highest prices were Indonesia ($X per ton) and the Philippines ($X per ton), while the average price for exports to China ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-3.9%), while the prices for the other major destinations experienced a decline.

Diethanolamine Imports

Imports into Thailand

In 2021, overseas purchases of diethanolamine and its salts increased by 6.3% to X tons, rising for the fourth year in a row after two years of decline. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 296%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, diethanolamine imports stood at less than $X in 2021. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2018 when imports increased by 306% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Saudi Arabia (X tons) constituted the largest diethanolamine supplier to Thailand, with a 67% share of total imports. Moreover, diethanolamine imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fivefold. Malaysia (X tons) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2019, the average annual rate of growth in terms of volume from Saudi Arabia totaled +528.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (0.0% per year) and Malaysia (-2.1% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of diethanolamine and its salts to Thailand, comprising 63% of total imports. The second position in the ranking was taken by Brazil ($X), with a 16% share of total imports. It was followed by Malaysia, with a 10% share.

From 2012 to 2019, the average annual growth rate of value from Saudi Arabia totaled +394.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (0.0% per year) and Malaysia (-5.2% per year).

Import Prices by Country

In 2019, the average diethanolamine import price amounted to $X per ton, declining by -11.7% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth appeared the most rapid in 2014 an increase of 5.4%. As a result, import price reached the peak level of $X per ton. From 2015 to 2019, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2019, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Germany ($X per ton), while the price for Saudi Arabia ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Belgium (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of diethanolamine consumption, accounting for 29% of total volume. Moreover, diethanolamine consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by Taiwan Chinese), with a 7.5% share.
Saudi Arabia remains the largest diethanolamine producing country worldwide, comprising approx. 39% of total volume. Moreover, diethanolamine production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Belgium, threefold. Malaysia ranked third in terms of total production with a 10% share.
In value terms, Saudi Arabia constituted the largest supplier of diethanolamine to Thailand, comprising 86% of total imports. The second position in the ranking was occupied by Malaysia, with an 8.3% share of total imports.
In value terms, the largest markets for diethanolamine exported from Thailand were India, China and Australia, with a combined 61% share of total exports. These countries were followed by Indonesia, the Philippines, South Korea and Vietnam, which together accounted for a further 27%.
In 2021, the average diethanolamine export price amounted to $1,135 per ton, with an increase of 30% against the previous year.
In 2021, the average diethanolamine import price amounted to $1,021 per ton, with an increase of 31% against the previous year.

This report provides an in-depth analysis of the diethanolamine market in Thailand. 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 20144235 - Diethanolamine and its salts

Country coverage:

  • Thailand

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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

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