Costa Rica - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoethanolamine Price in Costa Rica - 2022
Contents:
- Monoethanolamine Price in Costa Rica (CIF) - 2022
- Monoethanolamine Price in Costa Rica (FOB) - 2022
- Monoethanolamine Imports in Costa Rica
- Monoethanolamine Exports in Costa Rica
Monoethanolamine Price in Costa Rica (CIF) - 2022
In 2022, the average monoethanolamine import price amounted to $1,734 per ton, reducing by -7.2% against the previous year. Overall, the import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 37%. The import price peaked at $2,096 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,866 per ton), while the price for the United States ($1,239 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Monoethanolamine Price in Costa Rica (FOB) - 2022
The average monoethanolamine export price stood at $3,839 per ton in 2022, picking up by 39% against the previous year. Overall, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 64% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($5,000 per ton), while the average price for exports to Guatemala stood at $3,490 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+45.1%), while the prices for the other major destinations experienced mixed trend patterns.
Monoethanolamine Imports in Costa Rica
In 2022, the amount of monoethanolamine and its salts imported into Costa Rica dropped notably to 64 tons, declining by -30% against 2021 figures. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, imports reached the peak of 91 tons, and then reduced remarkably in the following year.
In value terms, monoethanolamine imports fell markedly to $111K in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 107%. As a result, imports attained the peak of $171K, and then fell sharply in the following year.
Import of Monoethanolamine in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 38.4 | 14.5 | 36.6 | 35.1 | -3.0% |
Taiwan (Chinese) | 22.6 | 24.5 | 46.0 | 34.4 | 15.0% |
Brazil | 18.0 | 16.8 | 27.2 | 12.6 | -11.2% |
China | 10.5 | 9.8 | 16.0 | 8.9 | -5.4% |
Belgium | N/A | N/A | N/A | 8.1 | 0% |
Italy | 6.2 | 5.9 | 9.8 | 5.7 | -2.8% |
Mexico | 4.7 | 5.6 | 13.3 | 3.5 | -9.4% |
Germany | 7.8 | 4.6 | 6.3 | 2.3 | -33.4% |
Russia | N/A | N/A | 13.2 | N/A | 0% |
Others | 2.2 | 0.8 | 2.5 | 0.5 | -39.0% |
Total | 110 | 82.5 | 171 | 111 | 0.3% |
Top Suppliers of Monoethanolamine to Costa Rica in 2022:
- United States (28.3 tons)
- Taiwan (Chinese) (14.4 tons)
- Brazil (8.8 tons)
- Belgium (4.8 tons)
- China (4.5 tons)
- Mexico (1.6 tons)
- Italy (1.0 tons)
- Germany (0.5 tons)
Monoethanolamine Exports in Costa Rica
In 2022, the amount of monoethanolamine and its salts exported from Costa Rica shrank to 10 tons, with a decrease of -6% on 2021 figures. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 2.6% against the previous year.
In value terms, monoethanolamine exports surged to $40K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 44%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Monoethanolamine in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 12.4 | 17.0 | 22.4 | 27.9 | 31.0% |
Honduras | 7.4 | 4.1 | 8.0 | 12.0 | 17.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 19.8 | 21.1 | 30.5 | 39.9 | 26.3% |
Top Export Markets for Monoethanolamine from Costa Rica in 2022:
- Guatemala (8.0 tons)
- Honduras (2.4 tons)
This report provides an in-depth analysis of the monoethanolamine market in Costa Rica. 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:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- 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
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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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The global decarbonisation trend, the increasing number of CCS projects (carbon capture and storage facility) being implemented and the widespread use of monoethanolamine (MEA) as an absorbing agent to capture СО2 emissions could provide significant impetus to the further development of the MEA market. MEA is currently one of the most widely used absorbing agents in the oil and gas sectors for the purification of industrial waste.
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In 2016, the amount of oxygen-function amino-compound imported worldwide amounted to X tons, rising by X% against the previous year level. The total import volume increased at an average annual r...
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