United Kingdom - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
UK Monoethanolamine Price Grows to $2,241 per Ton
United Kingdom Monoethanolamine Import Price in January 2023
In January 2023, the monoethanolamine price amounted to $2,241 per ton (CIF, United Kingdom), surging by 4.3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 59% m-o-m. Over the period under review, average import prices hit record highs at $4,233 per ton in June 2022; however, from July 2022 to January 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In January 2023, the countries with the highest prices were Belgium ($2,274 per ton) and Germany ($2,221 per ton), while the price for Italy ($1,615 per ton) and the United States ($1,769 per ton) were amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.3%), while the prices for the other major suppliers experienced a decline.
|COUNTRY||Import Price of Monoethanolamine in United Kingdom (USD per ton)|
|Jan 2022||Feb 2022||Mar 2022||Apr 2022||May 2022||Jun 2022||Jul 2022||Aug 2022||Sep 2022||Oct 2022||Nov 2022||Dec 2022||Jan 2023|
United Kingdom Monoethanolamine Imports
In January 2023, the amount of monoethanolamine and its salts imported into the UK amounted to 1.4K tons, growing by 7.7% on December 2022. Overall, imports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in March 2022 when imports increased by 74% against the previous month. As a result, imports attained the peak of 3.6K tons. From April 2022 to January 2023, the growth of imports remained at a somewhat lower figure.
In value terms, monoethanolamine imports totaled $3.1M (IndexBox estimates) in January 2023. In general, imports, however, recorded a deep setback. The pace of growth was the most pronounced in March 2022 with an increase of 72% m-o-m. As a result, imports reached the peak of $8.8M. From April 2022 to January 2023, the growth of imports remained at a lower figure.
United Kingdom Monoethanolamine Imports by Country
the United States (475 tons), Saudi Arabia (415 tons) and Belgium (297 tons) were the main suppliers of monoethanolamine imports to the UK, together comprising 85% of total imports.
From January 2022 to January 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +30.4%), while imports for the other leaders experienced a decline.
In value terms, the largest monoethanolamine suppliers to the UK were the United States ($841K), Saudi Arabia ($809K) and Belgium ($675K), with a combined 74% share of total imports.
Belgium, with a CAGR of +25.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
This report provides an in-depth analysis of the monoethanolamine market in the UK. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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