Thailand - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoethanolamine Price in Thailand - 2023
Contents:
- Monoethanolamine Price in Thailand (FOB) - 2022
- Monoethanolamine Price in Thailand (CIF) - 2023
- Monoethanolamine Exports in Thailand
- Monoethanolamine Imports in Thailand
Monoethanolamine Price in Thailand (FOB) - 2022
In 2022, the average monoethanolamine export price amounted to $1,719 per ton, growing by 35% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 +90.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,947 per ton), while the average price for exports to Kuwait ($1,265 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 the UK (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Monoethanolamine Price in Thailand (CIF) - 2023
In September 2023, the average monoethanolamine import price amounted to $1,498 per ton, falling by -23.6% against the previous month. Overall, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in December 2022 an increase of 33% month-to-month. As a result, import price attained the peak level of $2,621 per ton. From January 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Taiwan (Chinese) ($3,894 per ton), while the price for Saudi Arabia ($1,126 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.3%), while the prices for the other major suppliers experienced a decline.
Monoethanolamine Exports in Thailand
In 2022, exports of monoethanolamine and its salts from Thailand dropped to 11K tons, declining by -7.4% compared with 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 74%. As a result, the exports attained the peak of 12K tons, and then declined in the following year.
In value terms, monoethanolamine exports skyrocketed to $19M in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 147% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.
Export of Monoethanolamine in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 3.0 | 1.7 | 6.9 | 7.3 | 34.5% |
Netherlands | 1.3 | 0.4 | 1.2 | 3.4 | 37.8% |
Belgium | N/A | N/A | 1.0 | 1.4 | 40.0% |
Vietnam | 0.2 | 0.3 | 0.2 | 0.9 | 65.1% |
Japan | 0.9 | 0.9 | 0.9 | 0.9 | 0.0% |
United Kingdom | N/A | N/A | 0.1 | 0.8 | 700.0% |
Australia | 0.9 | 0.5 | 0.3 | 0.6 | -12.6% |
Poland | N/A | N/A | N/A | 0.6 | 0% |
South Korea | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
Taiwan (Chinese) | 0.4 | 0.8 | 1.4 | 0.4 | 0.0% |
South Africa | 0.1 | 0.2 | 0.6 | 0.4 | 58.7% |
Malaysia | 0.2 | 0.2 | 0.1 | 0.4 | 26.0% |
Kuwait | N/A | N/A | N/A | 0.3 | 0% |
Others | 1.5 | 1.1 | 2.5 | 1.5 | 0.0% |
Total | 8.6 | 6.3 | 15.5 | 19.4 | 31.1% |
Top Export Markets for Monoethanolamine from Thailand in 2022:
- India (4443.0 tons)
- Netherlands (1817.0 tons)
- Belgium (900.0 tons)
- Japan (521.5 tons)
- Vietnam (452.3 tons)
- United Kingdom (437.0 tons)
- Australia (327.7 tons)
- Poland (320.8 tons)
- Taiwan (Chinese) (294.9 tons)
- South Korea (294.0 tons)
- South Africa (255.4 tons)
- Kuwait (215.8 tons)
- Malaysia (203.5 tons)
Monoethanolamine Imports in Thailand
In 2022, monoethanolamine imports into Thailand contracted to 2K tons, waning by -11.6% compared with 2021. Over the period under review, imports saw a mild setback. The pace of growth was the most pronounced in 2021 with an increase of 103%. As a result, imports reached the peak of 2.2K tons, and then shrank in the following year.
In value terms, monoethanolamine imports surged to $3.7M in 2022. Overall, imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 100% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
Import of Monoethanolamine in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 467 | 252 | 1,172 | 1,275 | 39.8% |
Saudi Arabia | 1,103 | 553 | 714 | 891 | -6.9% |
Taiwan (Chinese) | 767 | 487 | 227 | 564 | -9.7% |
Germany | 55.9 | 67.4 | 593 | 528 | 111.4% |
India | 3.6 | 49.7 | 16.9 | 160 | 254.2% |
Belgium | 25.6 | N/A | N/A | 95.3 | 55.0% |
United States | 185 | 39.8 | 203 | 60.8 | -31.0% |
Others | 115 | 134 | 239 | 175 | 15.0% |
Total | 2,722 | 1,583 | 3,165 | 3,748 | 11.3% |
Top Suppliers of Monoethanolamine to Thailand in 2022:
- Malaysia (671.6 tons)
- Saudi Arabia (533.9 tons)
- Germany (312.6 tons)
- Taiwan (Chinese) (275.1 tons)
- Belgium (63.4 tons)
- United States (47.4 tons)
- India (31.8 tons)
This report provides an in-depth analysis of the monoethanolamine market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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