Australia: Diethanolamine Market 2024

Diethanolamine Market Size in Australia

In 2022, the Australian diethanolamine market increased by X% to $X, rising for the third year in a row after five years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. Diethanolamine consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Diethanolamine Production in Australia

In value terms, diethanolamine production surged to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Diethanolamine Exports

Exports from Australia

In 2022, shipments abroad of diethanolamine and its salts increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, showed a deep slump. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, diethanolamine exports soared to $X in 2022. Overall, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for diethanolamine exports from Australia, with a X% share of total exports. Moreover, diethanolamine exports to New Zealand exceeded the volume sent to the second major destination, Thailand (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and the Philippines (X% per year).

In value terms, New Zealand ($X), Thailand ($X) and the Philippines ($X) constituted the largest markets for diethanolamine exported from Australia worldwide, with a combined X% share of total exports.

Among the main countries of destination, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average diethanolamine export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to New Zealand ($X 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 Papua New Guinea (X%), while the prices for the other major destinations experienced mixed trend patterns.

Diethanolamine Imports

Imports into Australia

In 2022, supplies from abroad of diethanolamine and its salts increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, diethanolamine imports skyrocketed to $X in 2022. In general, imports enjoyed mild growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Thailand (X tons) constituted the largest diethanolamine supplier to Australia, accounting for a X% share of total imports. Moreover, diethanolamine imports from Thailand exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), fourfold. Saudi Arabia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Saudi Arabia (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of diethanolamine and its salts to Australia, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with an X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The average diethanolamine import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Taiwan (Chinese) ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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