Brazil: Diethanolamine Market 2024

Diethanolamine Market Size in Brazil

The Brazilian diethanolamine market soared to $X in 2022, jumping by X% against the previous year. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Diethanolamine consumption peaked in 2022 and is expected to retain growth in years to come.

Diethanolamine Production in Brazil

In value terms, diethanolamine production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Diethanolamine production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Diethanolamine Exports

Exports from Brazil

In 2022, the amount of diethanolamine and its salts exported from Brazil dropped significantly to X tons, reducing by X% on the previous year's figure. In general, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, diethanolamine exports dropped markedly to $X in 2022. Overall, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Venezuela (X tons), Paraguay (X tons) and Colombia (X tons) were the main destinations of diethanolamine exports from Brazil, together comprising X% of total exports. South Africa and Honduras lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Venezuela ($X) emerged as the key foreign market for diethanolamine and its salts exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Paraguay, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Venezuela amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Paraguay (X% per year).

Export Prices by Country

The average diethanolamine export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price recorded a noticeable expansion. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($X per ton), while the average price for exports to Paraguay ($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 Honduras (X%), while the prices for the other major destinations experienced more modest paces of growth.

Diethanolamine Imports

Imports into Brazil

In 2022, overseas purchases of diethanolamine and its salts were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, diethanolamine imports soared to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of diethanolamine imports to Brazil, with a combined X% share of total imports. Saudi Arabia, France, Taiwan (Chinese) and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Belgium ($X) constituted the largest diethanolamine suppliers to Brazil, together comprising X% of total imports. Saudi Arabia, France, Taiwan (Chinese) and Russia lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average diethanolamine import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($X per ton) and Saudi Arabia ($X per ton), while the price for the United States ($X per ton) and Russia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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