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Belgium - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoethanolamine Price in Belgium - 2023
Contents:
- Monoethanolamine Price in Belgium (FOB) - 2022
- Monoethanolamine Price in Belgium (CIF) - 2023
- Monoethanolamine Exports in Belgium
- Monoethanolamine Imports in Belgium
Monoethanolamine Price in Belgium (FOB) - 2022
The average monoethanolamine export price stood at $2,916 per ton in 2022, increasing by 41% against the previous year. Overall, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of 84%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hungary ($3,872 per ton) and Austria ($3,307 per ton), while the average price for exports to Germany ($2,742 per ton) and the UK ($2,743 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Monoethanolamine Price in Belgium (CIF) - 2023
In June 2023, the average monoethanolamine import price amounted to $1,870 per ton, waning by -4.4% against the previous month. Overall, the import price showed a pronounced setback. The pace of growth was the most pronounced in August 2022 when the average import price increased by 16% against the previous month. As a result, import price reached the peak level of $2,683 per ton. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Saudi Arabia ($2,028 per ton) and Germany ($1,939 per ton), while the price for the United States ($1,802 per ton) and Mexico ($1,935 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.1%), while the prices for the other major suppliers experienced a decline.
Monoethanolamine Exports in Belgium
In 2022, overseas shipments of monoethanolamine and its salts decreased by -16% to 41K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 195%. As a result, the exports reached the peak of 51K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, monoethanolamine exports skyrocketed to $119M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 193%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
Export of Monoethanolamine in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.9 | 10.5 | 22.2 | 31.6 | 155.3% |
France | 5.2 | 13.0 | 25.6 | 27.1 | 73.4% |
Spain | 1.0 | 3.8 | 10.1 | 11.6 | 126.4% |
Netherlands | 1.6 | 4.0 | 9.6 | 9.6 | 81.7% |
Italy | 1.2 | 4.0 | 8.4 | 8.7 | 93.5% |
Romania | N/A | 0.1 | 3.1 | 5.9 | 668.1% |
Poland | 0.4 | 2.1 | 5.7 | 5.9 | 145.2% |
United Kingdom | 2.0 | 9.7 | 1.2 | 4.1 | 27.0% |
Austria | 0.5 | 2.3 | 3.3 | 2.7 | 75.4% |
Sweden | 0.8 | 0.9 | 1.9 | 2.2 | 40.1% |
South Korea | 1.4 | 1.5 | 0.9 | 0.9 | -13.7% |
Brazil | 1.9 | 1.5 | N/A | N/A | -21.1% |
Others | 1.9 | 4.2 | 8.5 | 9.0 | 67.9% |
Total | 19.7 | 57.5 | 101 | 119 | 82.1% |
Top Export Markets for Monoethanolamine from Belgium in 2022:
- Germany (11.5K tons)
- France (9.4K tons)
- Spain (3.6K tons)
- Netherlands (3.0K tons)
- Italy (2.7K tons)
- Romania (2.1K tons)
- Poland (2.0K tons)
- United Kingdom (1.5K tons)
- Austria (0.8K tons)
- Sweden (0.8K tons)
- South Korea (0.5K tons)
Monoethanolamine Imports in Belgium
In 2022, the amount of monoethanolamine and its salts imported into Belgium skyrocketed to 62K tons, growing by 39% compared with 2021 figures. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 161%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, monoethanolamine imports surged to $109M in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 122% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Monoethanolamine in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 2.0 | 15.9 | 28.9 | 46.5 | 185.4% |
United States | 4.1 | 12.8 | 11.3 | 35.0 | 104.4% |
Germany | 13.8 | 15.7 | 11.8 | 14.6 | 1.9% |
Mexico | 0.1 | 4.0 | 6.3 | 7.4 | 319.8% |
Thailand | N/A | N/A | 0.9 | 2.4 | 166.7% |
Netherlands | 2.3 | 1.9 | 1.9 | 2.1 | -3.0% |
Others | 0.8 | 0.8 | 2.4 | 1.0 | 7.7% |
Total | 23.0 | 51.1 | 63.6 | 109 | 68.0% |
Top Suppliers of Monoethanolamine to Belgium in 2022:
- United States (29.6K tons)
- Saudi Arabia (16.8K tons)
- Germany (8.8K tons)
- Mexico (4.8K tons)
- Thailand (1.0K tons)
- Netherlands (0.7K tons)
This report provides an in-depth analysis of the monoethanolamine market in Belgium. 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 20144233 - Monoethanolamine and its salts
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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