Canada - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoethanolamine Price in Canada - 2023
Contents:
- Monoethanolamine Price in Canada (CIF) - 2023
- Monoethanolamine Price in Canada (FOB) - 2022
- Monoethanolamine Imports in Canada
- Monoethanolamine Exports in Canada
Monoethanolamine Price in Canada (CIF) - 2023
In June 2023, the average monoethanolamine import price amounted to $2,206 per ton, picking up by 3.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 8.6% m-o-m. Over the period under review, average import prices reached the peak figure at $2,473 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United Arab Emirates ($3,921 per ton), while the price for China ($1,657 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (0.0%), while the prices for the other major suppliers experienced a decline.
Monoethanolamine Price in Canada (FOB) - 2022
The average monoethanolamine export price stood at $1,377 per ton in 2022, which is down by -4.3% against the previous year. Overall, the export price, however, continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2021 an increase of 103%. Over the period under review, the average export prices reached the peak figure at $1,451 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.3% per year.
Monoethanolamine Imports in Canada
In 2022, the amount of monoethanolamine and its salts imported into Canada surged to 50K tons, with an increase of 23% against 2021. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, monoethanolamine imports skyrocketed to $112M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 94%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Monoethanolamine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 36.6 | 31.4 | 58.1 | 103 | 41.2% |
| China | 0.1 | N/A | 0.1 | 5.0 | 268.4% |
| Others | 0.3 | 0.3 | 3.3 | 3.3 | 122.4% |
| Total | 37.0 | 31.7 | 61.5 | 112 | 44.7% |
Top Suppliers of Monoethanolamine to Canada in 2022:
- United States (46.8K tons)
- China (1.9K tons)
Monoethanolamine Exports in Canada
In 2022, after three years of growth, there was significant decline in overseas shipments of monoethanolamine and its salts, when their volume decreased by -56.9% to 301 tons. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 2,170% against the previous year.
In value terms, monoethanolamine exports dropped remarkably to $414K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,478% against the previous year.
| Export of Monoethanolamine in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.3 | 23.6 | 1,001 | 413 | 327.1% |
| Algeria | N/A | 156 | N/A | N/A | 0% |
| Others | 6.2 | 1.0 | 2.0 | 1.0 | -45.6% |
| Total | 11.5 | 181 | 1,003 | 414 | 230.2% |
Top Export Markets for Monoethanolamine from Canada in 2022:
- United States (299.1 tons)
This report provides an in-depth analysis of the monoethanolamine market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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295
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