Ghana - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoethanolamine Price in Ghana - 2022
Contents:
- Monoethanolamine Price in Ghana (CIF) - 2022
- Monoethanolamine Price in Ghana (FOB) - 2022
- Monoethanolamine Imports in Ghana
- Monoethanolamine Exports in Ghana
Monoethanolamine Price in Ghana (CIF) - 2022
In 2022, the average monoethanolamine import price amounted to $2,959 per ton, jumping by 63% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monoethanolamine import price increased by +121.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($9,020 per ton), while the price for Taiwan (Chinese) ($1,221 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Monoethanolamine Price in Ghana (FOB) - 2022
The average monoethanolamine export price stood at $636 per ton in 2022, which is down by -73.4% against the previous year. Over the period under review, the export price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 274%. The export price peaked at $4,151 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($1,139 per ton), while the average price for exports to Burkina Faso amounted to $103 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+6.0%).
Monoethanolamine Imports in Ghana
In 2022, supplies from abroad of monoethanolamine and its salts decreased by -4.3% to 70 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -30.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. As a result, imports reached the peak of 101 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, monoethanolamine imports skyrocketed to $207K in 2022. Overall, imports, however, posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Monoethanolamine in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.9 | 12.8 | 18.8 | 99.6 | 103.0% |
| United States | 52.1 | 60.4 | 52.6 | 59.1 | 4.3% |
| Belgium | 2.2 | 63.5 | 34.7 | 52.9 | 188.6% |
| China | 11.0 | 15.3 | 15.9 | 21.3 | 24.6% |
| Spain | 19.2 | 21.7 | 18.3 | 20.0 | 1.4% |
| Taiwan (Chinese) | 12.2 | 13.5 | 11.3 | 12.2 | 0.0% |
| Saudi Arabia | 7.1 | 7.5 | 7.4 | 8.4 | 5.8% |
| United Arab Emirates | N/A | 16.3 | 24.2 | N/A | 48.5% |
| Others | -27.6 | -76.5 | -50.3 | -66.7 | 34.2% |
| Total | 88.2 | 135 | 133 | 207 | 32.9% |
Top Suppliers of Monoethanolamine to Ghana in 2022:
- United Kingdom (43.4 tons)
- Belgium (24.3 tons)
- China (10.5 tons)
- Taiwan (Chinese) (10.0 tons)
- United States (6.6 tons)
- Saudi Arabia (6.2 tons)
- Spain (4.2 tons)
Monoethanolamine Exports in Ghana
In 2022, overseas shipments of monoethanolamine and its salts decreased by -67.7% to 5.5 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 255%.
In value terms, monoethanolamine exports reduced notably to $3.5K in 2022. Overall, exports saw a slight decrease. The pace of growth was the most pronounced in 2020 with an increase of 514% against the previous year.
| Export of Monoethanolamine in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 3.6 | 22.2 | 40.8 | 3.2 | -3.9% |
| Burkina Faso | N/A | N/A | N/A | 0.3 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.6 | 22.2 | 40.8 | 3.5 | -0.9% |
Top Export Markets for Monoethanolamine from Ghana in 2022:
- Cote d'Ivoire (2.8 tons)
- Burkina Faso (2.7 tons)
This report provides an in-depth analysis of the monoethanolamine market in Ghana. 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:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- 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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