South Africa - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

South Africa - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Monoethanolamine Price in South Africa - 2023

Contents:

  1. Monoethanolamine Price in South Africa (CIF) - 2022
  2. Monoethanolamine Price in South Africa (FOB) - 2022
  3. Monoethanolamine Imports in South Africa
  4. Monoethanolamine Exports in South Africa

Monoethanolamine Price in South Africa (CIF) - 2022

The average monoethanolamine import price stood at $1,924 per ton in 2022, with an increase of 27% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 +103.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 60% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,645 per ton), while the price for Saudi Arabia ($1,733 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 (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Monoethanolamine Price in South Africa (FOB) - 2022

The average monoethanolamine export price stood at $2,983 per ton in 2022, picking up by 24% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monoethanolamine export price increased by +96.1% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 58%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($4,115 per ton), while the average price for exports to Mozambique ($2,719 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 Nigeria (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Monoethanolamine Imports in South Africa

In 2022, after three years of growth, there was significant decline in overseas purchases of monoethanolamine and its salts, when their volume decreased by -28.2% to 2.1K tons. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 24%. As a result, imports reached the peak of 3K tons, and then fell rapidly in the following year.

In value terms, monoethanolamine imports declined to $4.1M in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 99% against the previous year. As a result, imports reached the peak of $4.5M, and then dropped in the following year.

Import of Monoethanolamine in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia1,3079081,6272,37422.0%
Thailand82.616163849081.0%
China32.1682767357123.2%
Taiwan (Chinese)676197653343-20.2%
Germany49.515453728178.4%
SingaporeN/AN/A72.3146101.9%
MalaysiaN/AN/A58.972.923.8%
Others16016114847.2-33.4%
Total2,3072,2624,5004,11121.2%

Top Suppliers of Monoethanolamine to South Africa in 2022:

  1. Saudi Arabia (1370.3 tons)
  2. Thailand (240.1 tons)
  3. China (179.6 tons)
  4. Taiwan (Chinese) (151.2 tons)
  5. Germany (84.0 tons)
  6. Singapore (67.2 tons)
  7. Malaysia (33.6 tons)

Monoethanolamine Exports in South Africa

In 2022, the amount of monoethanolamine and its salts exported from South Africa dropped significantly to 215 tons, which is down by -31.3% on the year before. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year.

In value terms, monoethanolamine exports contracted to $641K in 2022. Over the period under review, exports, however, recorded a temperate expansion. The growth pace was the most rapid in 2021 with an increase of 152%. As a result, the exports attained the peak of $753K, and then contracted in the following year.

Export of Monoethanolamine in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana69.024.772044586.1%
ZambiaN/A3.620.193.6409.9%
Nigeria41.5N/AN/A70.319.2%
Mozambique5.014.7N/A20.560.1%
Swaziland19.80.11.71.2-60.7%
Lesotho59.8N/AN/AN/A0%
Others36525511.710.5-69.4%
Total5602997536414.6%

Top Export Markets for Monoethanolamine from South Africa in 2022:

  1. Botswana (157.7 tons)
  2. Nigeria (24.3 tons)
  3. Zambia (22.8 tons)
  4. Mozambique (7.5 tons)
  5. Swaziland (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the monoethanolamine market in South Africa. 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:

  • South Africa

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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