Belgium: Triethanolamine Market 2024

Triethanolamine Market Size in Belgium

The Belgian triethanolamine market was estimated at less than $X in 2022, remaining relatively unchanged against the previous year. In general, consumption, however, saw a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Triethanolamine Production in Belgium

In value terms, triethanolamine production declined notably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a precipitous decline. The most prominent rate of growth was recorded in 2015 with an increase of X%. Triethanolamine production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Triethanolamine Exports

Exports from Belgium

In 2016, overseas shipments of triethanolamine and its salts were finally on the rise to reach X tons for the first time since 2013, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt descent. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2016, the growth of the exports remained at a somewhat lower figure.

In value terms, triethanolamine exports declined slightly to $X in 2016. Overall, exports, however, showed a sharp descent. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons), Germany (X tons) and the UK (X tons) were the main destinations of triethanolamine exports from Belgium, with a combined X% share of total exports. The United States, Italy, South Korea, the Netherlands and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2016, the biggest increases were recorded for South Korea (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the UK ($X) constituted the largest markets for triethanolamine exported from Belgium worldwide, with a combined X% share of total exports. The United States, Italy, South Korea, the Netherlands and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, South Korea, 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 triethanolamine export price stood at $X per ton in 2016, reducing by X% against the previous year. Overall, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2016, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2016, amid the top suppliers, the countries with the highest prices were Germany ($X per ton) and Spain ($X per ton), while the average price for exports to the Netherlands ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced a decline.

Triethanolamine Imports

Imports into Belgium

In 2016, supplies from abroad of triethanolamine and its salts decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports saw a dramatic setback. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2016, imports remained at a lower figure.

In value terms, triethanolamine imports dropped notably to $X in 2016. In general, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2016, imports failed to regain momentum.

Imports by Country

The United States (X tons), France (X tons) and Germany (X tons) were the main suppliers of triethanolamine imports to Belgium, with a combined X% share of total imports. The Netherlands, Saudi Arabia, Mexico and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest triethanolamine suppliers to Belgium were the United States ($X), France ($X) and the Netherlands ($X), with a combined X% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average triethanolamine import price stood at $X per ton in 2016, which is down by X% against the previous year. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2016, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2016, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and Germany ($X per ton), while the price for France ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :