Australia: Monoethanolamine Market 2024

Monoethanolamine Market Size in Australia

The Australian monoethanolamine market expanded rapidly to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, recorded a pronounced downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Monoethanolamine Production in Australia

In value terms, monoethanolamine production dropped modestly to $X in 2022 estimated in export price. Overall, production saw a abrupt setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Monoethanolamine production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Monoethanolamine Exports

Exports from Australia

In 2022, exports of monoethanolamine and its salts from Australia reduced notably to X tons, falling by X% on the previous year's figure. Overall, exports saw a perceptible decline. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, monoethanolamine exports dropped significantly to $X in 2022. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for monoethanolamine exports from Australia, with a X% share of total exports. Moreover, monoethanolamine exports to Vietnam exceeded the volume sent to the second major destination, New Zealand (X tons), twofold. Papua New Guinea (X kg) ranked third in terms of total exports with a X% share.

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

In value terms, Vietnam ($X) emerged as the key foreign market for monoethanolamine and its salts exports from Australia, comprising X% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Vietnam amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and New Zealand (X% per year).

Export Prices by Country

The average monoethanolamine export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Papua New Guinea ($X per ton), while the average price for exports to Poland ($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 more modest paces of growth.

Monoethanolamine Imports

Imports into Australia

Monoethanolamine imports into Australia skyrocketed to X tons in 2022, jumping by X% compared with 2021 figures. In general, total imports indicated a resilient increase from 2013 to 2022: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, monoethanolamine imports soared to $X in 2022. Over the period under review, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

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

From 2013 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Thailand (X% per year).

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

From 2013 to 2022, the average annual growth rate of value from Saudi Arabia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Thailand (X% per year).

Import Prices by Country

The average monoethanolamine import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2013 to 2022: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monoethanolamine import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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