Report Update: May 1, 2024

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

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Monoethanolamine Price in Spain - 2023

Monoethanolamine Price in Spain (CIF) - 2022

The average monoethanolamine import price stood at $3,298 per ton in 2022, picking up by 51% against the previous year. In general, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 65% against the previous year. Over the period under review, average import prices hit record highs 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 Netherlands ($3,507 per ton), while the price for Italy ($2,165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Monoethanolamine Price in Spain (FOB) - 2023

The average monoethanolamine export price stood at $2,419 per ton in June 2023, with a decrease of -31.5% against the previous month. In general, the export price saw a perceptible decline. The pace of growth was the most pronounced in April 2023 an increase of 49% against the previous month. The export price peaked at $3,533 per ton in May 2023, and then dropped markedly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($4,899 per ton), while the average price for exports to Morocco ($1,761 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Monoethanolamine Imports in Spain

In 2022, the amount of monoethanolamine and its salts imported into Spain shrank dramatically to 8.2K tons, with a decrease of -20.6% compared with the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of 10K tons, and then shrank remarkably in the following year.

In value terms, monoethanolamine imports surged to $27M in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 120%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Monoethanolamine in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.1	4.8	8.1	12.9	46.5%
Belgium	1.6	2.5	7.3	9.1	78.5%
France	0.5	0.4	1.5	1.9	56.0%
Sweden	0.3	1.4	2.9	1.5	71.0%
Netherlands	0.5	0.6	1.3	0.8	17.0%
Italy	0.2	0.2	0.8	0.5	35.7%
Mexico	1.7	0.3	0.3	N/A	-58.0%
Saudi Arabia	0.9	N/A	N/A	N/A	0%
Others	0.5	N/A	0.3	0.2	-26.3%
Total	10.3	10.2	22.5	26.9	37.7%

Top Suppliers of Monoethanolamine to Spain in 2022:

Germany (3.8K tons)
Belgium (2.7K tons)
France (0.6K tons)
Sweden (0.5K tons)
Netherlands (0.2K tons)
Italy (0.2K tons)

Monoethanolamine Exports in Spain

In 2022, the amount of monoethanolamine and its salts exported from Spain contracted to 1.5K tons, approximately reflecting the previous year's figure. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, the exports attained the peak of 1.5K tons, and then contracted in the following year.

In value terms, monoethanolamine exports rose sharply to $4.2M in 2022. In general, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Monoethanolamine in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	533	374	550	970	22.1%
Portugal	147	322	296	632	62.6%
Belgium	45.5	47.4	747	471	117.9%
Germany	119	114	906	340	41.9%
Lithuania	70.2	133	N/A	268	56.3%
Netherlands	157	164	208	246	16.1%
Latvia	206	92.5	N/A	182	-4.0%
Estonia	183	116	N/A	168	-2.8%
Algeria	145	180	155	150	1.1%
Morocco	88.0	82.6	82.6	113	8.7%
United Arab Emirates	N/A	7.6	16.0	106	273.5%
Mexico	118	45.0	115	86.4	-9.9%
Bulgaria	61.8	78.5	107	85.6	11.5%
Others	1,008	312	598	373	-28.2%
Total	2,881	2,068	3,780	4,191	13.3%

Top Export Markets for Monoethanolamine from Spain in 2022:

France (338.4 tons)
Portugal (241.0 tons)
Belgium (127.1 tons)
Netherlands (122.3 tons)
Lithuania (120.9 tons)
Germany (80.5 tons)
Estonia (65.8 tons)
Latvia (56.4 tons)
Bulgaria (45.6 tons)
Morocco (42.0 tons)
United Arab Emirates (41.8 tons)
Algeria (33.6 tons)
Mexico (30.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the monoethanolamine 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 20144233 - Monoethanolamine 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