Eastern Europe: Monoethanolamine Market 2024

Monoethanolamine Market Size in Eastern Europe

The East European monoethanolamine market dropped to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Monoethanolamine Production in Eastern Europe

In value terms, monoethanolamine production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Monoethanolamine Exports

Exports in Eastern Europe

After two years of growth, overseas shipments of monoethanolamine and its salts decreased by X% to X tons in 2022. In general, exports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then fell notably in the following year.

In value terms, monoethanolamine exports contracted significantly to $X in 2022. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

Russia dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Poland (X tons), mixing up a X% share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of monoethanolamine and its salts. At the same time, Poland (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Poland increased by X percentage points.

In value terms, Russia ($X) remains the largest monoethanolamine supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. In general, the export price continues to indicate a temperate increase. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%).

Monoethanolamine Imports

Imports in Eastern Europe

In 2022, approx. X tons of monoethanolamine and its salts were imported in Eastern Europe; reducing by X% against 2021. Overall, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then shrank notably in the following year.

In value terms, monoethanolamine imports shrank to $X in 2022. In general, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, Poland (X tons), distantly followed by Russia (X tons), Ukraine (X tons), Hungary (X tons), Romania (X tons), Slovakia (X tons), the Czech Republic (X tons) and Lithuania (X tons) represented the largest importers of monoethanolamine and its salts, together making up X% of total imports.

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

In value terms, Poland ($X) constitutes the largest market for imported monoethanolamine and its salts in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland amounted to X%. In the other countries, the average annual rates were as follows: Ukraine (X% per year) and Russia (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated a mild expansion from 2012 to 2022: its price 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, monoethanolamine import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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