Report Update: Jul 1, 2024

Spain - Triethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Triethanolamine Price in Spain - 2022

Triethanolamine Price in Spain (CIF) - 2022

In 2022, the average triethanolamine import price amounted to $741 per ton, with a decrease of -5.6% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 13% against the previous year. As a result, import price attained the peak level of $1,648 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($823 per ton) and Belgium ($809 per ton), while the price for Germany ($594 per ton) and France ($794 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.4%), while the prices for the other major suppliers experienced a decline.

Triethanolamine Price in Spain (FOB) - 2022

The average triethanolamine export price stood at $992 per ton in 2022, dropping by -4.5% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 4.2%. The export price peaked at $1,810 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($2,791 per ton), while the average price for exports to the UK ($595 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-6.0%), while the prices for the other major destinations experienced a decline.

Triethanolamine Imports in Spain

In 2022, purchases abroad of triethanolamine and its salts decreased by -6.7% to 7.9K tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.0% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 74%. As a result, imports reached the peak of 9.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, triethanolamine imports dropped to $5.8M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 36% against the previous year. As a result, imports reached the peak of $7.5M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Triethanolamine in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2.4	3.4	3.2	3.0	7.7%
Germany	1.8	2.4	2.0	1.7	-1.9%
France	0.9	1.1	0.9	0.7	-8.0%
Belgium	0.3	0.5	0.4	0.4	10.1%
Others	0.1	0.1	0.1	0.1	0.0%
Total	5.5	7.5	6.6	5.8	1.8%

Top Suppliers of Triethanolamine to Spain in 2022:

United States (3.6K tons)
Germany (2.8K tons)
France (0.9K tons)
Belgium (0.5K tons)

Triethanolamine Exports in Spain

In 2022, the amount of triethanolamine and its salts exported from Spain amounted to 3.8K tons, increasing by 14% against the previous year's figure. The total export volume increased at an average annual rate of +13.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 14%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, triethanolamine exports expanded remarkably to $3.8M in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Triethanolamine in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	1,503	1,542	1,569	1,582	1.7%
Belgium	382	488	618	776	26.6%
Cuba	110	139	175	218	25.6%
Germany	177	185	192	197	3.6%
United Kingdom	111	117	122	127	4.6%
Portugal	74.2	70.8	66.9	62.7	-5.5%
Morocco	32.0	35.4	38.9	42.3	9.7%
Others	546	616	693	778	12.5%
Total	2,934	3,193	3,475	3,782	8.8%

Top Export Markets for Triethanolamine from Spain in 2022:

France (2127.7 tons)
Belgium (861.7 tons)
Germany (216.1 tons)
United Kingdom (213.2 tons)
Cuba (78.1 tons)
Morocco (64.5 tons)
Portugal (61.9 tons)

Source: IndexBox Market Intelligence Platform

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

Spain

Data coverage:

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