United Kingdom - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoethanolamine Price in the UK - 2023
Contents:
- Monoethanolamine Price in the UK (CIF) - 2023
- Monoethanolamine Price in the UK (FOB) - 2022
- Monoethanolamine Imports in the UK
- Monoethanolamine Exports in the UK
Monoethanolamine Price in the UK (CIF) - 2023
The average monoethanolamine import price stood at $1,774 per ton in June 2023, reducing by -26.1% against the previous month. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in April 2023 when the average import price increased by 11% m-o-m. Over the period under review, average import prices attained the peak figure at $4,233 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Saudi Arabia ($2,183 per ton) and Germany ($1,851 per ton), while the price for the United States ($1,583 per ton) and China ($1,658 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Mexico (-2.2%), while the prices for the other major suppliers experienced a decline.
Monoethanolamine Price in the UK (FOB) - 2022
The average monoethanolamine export price stood at $5,536 per ton in 2022, increasing by 129% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($14,252 per ton), while the average price for exports to Egypt ($1,284 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 India (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Monoethanolamine Imports in the UK
In 2022, approx. 23K tons of monoethanolamine and its salts were imported into the UK; shrinking by -7% on 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 10%. As a result, imports reached the peak of 25K tons, and then fell in the following year.
In value terms, monoethanolamine imports soared to $59M in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Monoethanolamine in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.4 | 2.1 | 4.0 | 17.5 | 39.8% |
| Saudi Arabia | N/A | N/A | 0.1 | 14.9 | 14800.0% |
| Germany | 11.6 | 7.5 | 11.2 | 12.0 | 1.1% |
| France | 2.5 | 0.1 | 1.3 | 5.0 | 26.0% |
| Mexico | 0.2 | 1.2 | 0.6 | 3.0 | 146.6% |
| Belgium | 2.9 | 10.8 | 18.8 | 3.0 | 1.1% |
| Thailand | N/A | N/A | 0.3 | 1.2 | 300.0% |
| Netherlands | 0.8 | 1.7 | 1.0 | N/A | 11.8% |
| Others | 0.4 | 0.7 | 2.4 | 2.7 | 89.0% |
| Total | 24.8 | 24.1 | 39.8 | 59.3 | 33.7% |
Top Suppliers of Monoethanolamine to the UK in 2022:
- United States (7.4K tons)
- Saudi Arabia (5.5K tons)
- Germany (4.0K tons)
- France (3.2K tons)
- Belgium (1.2K tons)
- Mexico (1.1K tons)
- Thailand (0.4K tons)
Monoethanolamine Exports in the UK
In 2022, overseas shipments of monoethanolamine and its salts were finally on the rise to reach 465 tons after two years of decline. Over the period under review, exports, however, faced a precipitous decrease.
In value terms, monoethanolamine exports surged to $2.6M in 2022. In general, exports saw perceptible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Monoethanolamine in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.4 | 1.9 | 6.5 | 1,558 | 671.0% |
| Ukraine | 718 | 887 | 207 | 480 | -12.6% |
| Ireland | 93.7 | 90.0 | 232 | 195 | 27.7% |
| Ghana | 38.9 | 17.1 | 28.9 | 135 | 51.4% |
| Netherlands | N/A | 4.9 | 19.1 | 62.4 | 256.9% |
| Egypt | 134 | 108 | N/A | 24.9 | -42.9% |
| Germany | 84.6 | 8.7 | 21.3 | 19.0 | -39.2% |
| China | 307 | 122 | 12.0 | 10.3 | -67.7% |
| Vietnam | 86.1 | 129 | 72.6 | 2.0 | -71.5% |
| Hungary | 67.2 | 249 | 1.3 | 1.4 | -72.5% |
| Brazil | 130 | 16.6 | N/A | N/A | -87.2% |
| India | 250 | 11.3 | 2.3 | N/A | -90.4% |
| Turkmenistan | 75.5 | 70.2 | 68.6 | N/A | -4.7% |
| Others | 303 | 308 | 160 | 87.5 | -33.9% |
| Total | 2,290 | 2,024 | 832 | 2,575 | 4.0% |
Top Export Markets for Monoethanolamine from the UK in 2022:
- Ukraine (173.3 tons)
- United States (109.3 tons)
- Ghana (56.6 tons)
- Ireland (55.1 tons)
- Netherlands (21.5 tons)
- Egypt (19.4 tons)
- Germany (4.0 tons)
- China (3.0 tons)
- Vietnam (0.8 tons)
- Hungary (0.4 tons)
This report provides an in-depth analysis of the monoethanolamine market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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