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

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

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Global Triethanolamine Market 2024

Triethanolamine Market Size

After four years of growth, the global triethanolamine market decreased by -0.2% to $X in 2021. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the global market remained at a somewhat lower figure.

Triethanolamine Production

In value terms, triethanolamine production declined slightly to $X in 2021 estimated in export price. In general, production saw a mild expansion. The pace of growth appeared the most rapid in 2019 with an increase of 11%. Over the period under review, global production attained the maximum level at $X in 2020, and then shrank slightly in the following year.

Triethanolamine Exports

Exports

In 2021, overseas shipments of triethanolamine and its salts were finally on the rise to reach X tons after four years of decline. In general, exports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2013 with an increase of 6.6%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the global exports remained at a somewhat lower figure.

In value terms, triethanolamine exports reduced to $X in 2021. Over the period under review, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 3.2%. Over the period under review, the global exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico was the main exporter of triethanolamine and its salts in the world, with the volume of exports accounting for X tons, which was approx. 40% of total exports in 2021. It was distantly followed by France (X tons), Iran (X tons), South Korea (X tons) and Italy (X tons), together comprising a 49% share of total exports. The following exporters - Malaysia (X tons) and Japan (X tons) - together made up 4.4% of total exports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +13.5%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest triethanolamine supplier worldwide, comprising 55% of global exports. The second position in the ranking was held by France ($X), with a 16% share of global exports. It was followed by Iran, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in Mexico stood at +6.2%. The remaining exporting countries recorded the following average annual rates of exports growth: France (-13.9% per year) and Iran (-11.3% per year).

Export Prices by Country

In 2021, the average triethanolamine export price amounted to $X per ton, reducing by -5.5% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The pace of growth was the most pronounced in 2017 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Mexico ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+0.0%), while the other global leaders experienced a decline in the export price figures.

Triethanolamine Imports

Imports

In 2021, supplies from abroad of triethanolamine and its salts was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 12% against the previous year. Global imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, triethanolamine imports amounted to $X in 2021. In general, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 14%. Over the period under review, global imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

South Korea (X tons), Canada (X tons), France (X tons), Italy (X tons), the UK (X tons), China (X tons), the Philippines (X tons), Singapore (X tons), Japan (X tons), Mexico (X tons), Turkey (X tons) and Vietnam (X tons) represented roughly 78% of total imports in 2021. Australia (X tons) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +24.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, South Korea ($X), France ($X) and Mexico ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 26% of global imports. The Philippines, Italy, the UK, Singapore, Canada, Japan, Vietnam, China, Turkey and Australia lagged somewhat behind, together accounting for a further 50%.

The Philippines, with a CAGR of +20.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average triethanolamine import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the import price recorded a pronounced slump. The pace of growth was the most pronounced in 2018 an increase of 1.8% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+0.9%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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%.
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%.
In value terms, Saudi Arabia remains the largest triethanolamine supplier worldwide, comprising 68% of global exports. The second position in the ranking was occupied by Malaysia, with a 12% share of global exports. It was followed by France, with a 9.1% share.
In value terms, China constitutes the largest market for imported triethanolamine and its salts worldwide, comprising 27% of global imports. The second position in the ranking was occupied by South Korea, with an 8.7% share of global imports. It was followed by France, with a 6.8% share.
In 2020, the average triethanolamine export price amounted to $952 per ton, reducing by -13.4% against the previous year.
In 2020, the average triethanolamine import price amounted to $909 per ton, declining by -7.8% against the previous year.

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

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL 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. 9. GLOBAL 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. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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

  13. 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

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