Report Update Nov 1, 2024

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

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Vietnam: Triethanolamine Market 2024

Triethanolamine Market Size in Vietnam

The Vietnamese triethanolamine market rose rapidly to $X in 2021, with an increase of 13% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a resilient expansion. Triethanolamine consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Triethanolamine Exports

Exports from Vietnam

In 2021, overseas shipments of triethanolamine and its salts increased by 6.8% to X kg, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a temperate increase. The growth pace was the most rapid in 2017 with an increase of 603%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, triethanolamine exports surged to $X in 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 841%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Indonesia (X kg) was the main destination for triethanolamine exports from Vietnam, with a 71% share of total exports. Moreover, triethanolamine exports to Indonesia exceeded the volume sent to the second major destination, Cambodia (X kg), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Indonesia amounted to +2.6%.

In value terms, Indonesia ($X) remains the key foreign market for triethanolamine and its salts exports from Vietnam, comprising 70% of total exports. The second position in the ranking was held by Cambodia ($X), with a 30% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia amounted to +38.1%.

Export Prices by Country

The average triethanolamine export price stood at $X per ton in 2021, growing by 12% against the previous year. Overall, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 367%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Cambodia ($X per ton), while the average price for exports to Indonesia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+34.7%).

Triethanolamine Imports

Imports into Vietnam

For the fourth year in a row, Vietnam recorded growth in purchases abroad of triethanolamine and its salts, which increased by 14% to X tons in 2021. Over the period under review, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of 45% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, triethanolamine imports rose remarkably to $X in 2021. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2013 when imports increased by 36%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Malaysia (X tons) and Thailand (X tons) were the main suppliers of triethanolamine imports to Vietnam, together comprising 95% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +56.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Malaysia ($X) and Thailand ($X) were the largest triethanolamine suppliers to Vietnam, together comprising 97% of total imports.

In terms of the main suppliers, Thailand, with a CAGR of +57.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average triethanolamine import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2017 an increase of 21%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+0.7%), 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, together accounting for 45% of global consumption. Pakistan, Japan, Germany, Brazil, Russia, France, the UK, Mexico, Iran and Italy lagged somewhat behind, together comprising 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 accounting for 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 Vietnam?

In value terms, Germany, Malaysia and Thailand constituted the largest triethanolamine suppliers to Vietnam, together comprising 93% of total imports.

What are the leading importers of triethanolamine and its salts from Vietnam?

In value terms, Indonesia and Cambodia constituted the largest markets for triethanolamine exported from Vietnam worldwide.

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

In 2020, the average triethanolamine export price amounted to $13,207 per ton, picking up by 12% against the previous year.

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

The average triethanolamine import price stood at $1,338 per ton in 2020, approximately mirroring the previous year.

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

Vietnam

Data coverage:

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