EU: Diethanolamine Market 2024

Diethanolamine Market Size in the EU

The EU diethanolamine market shrank to $X in 2022, remaining relatively unchanged against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Diethanolamine Production in the EU

In value terms, diethanolamine production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Diethanolamine Exports

Exports in the EU

After two years of growth, shipments abroad of diethanolamine and its salts decreased by X% to X tons in 2022. Total exports indicated a noticeable 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. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of X%. The volume of export peaked at X tons in 2021, and then fell slightly in the following year.

In value terms, diethanolamine exports surged to $X in 2022. Total exports indicated a pronounced 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, Belgium (X tons) was the major exporter of diethanolamine and its salts, achieving X% of total exports. Sweden (X tons) held the second position in the ranking, followed by France (X tons). All these countries together held near X% share of total exports.

Belgium was also the fastest-growing in terms of the diethanolamine and its salts exports, with a CAGR of X% from 2012 to 2022. Sweden (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France and Belgium increased by X and X percentage points, respectively.

In value terms, Belgium ($X) remains the largest diethanolamine supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

In Belgium, diethanolamine exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (X% per year) and France (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced mixed trends in the export price figures.

Diethanolamine Imports

Imports in the EU

In 2022, the amount of diethanolamine and its salts imported in the European Union fell to X tons, shrinking by X% on 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, diethanolamine imports expanded remarkably to $X in 2022. Total imports indicated modest growth 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 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium represented the major importer of diethanolamine and its salts in the European Union, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. Italy (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%), Germany (X%), Poland (X%) and the Netherlands (X%). The Czech Republic (X tons) held a relatively small share of total imports.

Imports into Belgium increased at an average annual rate of X% from 2012 to 2022. At the same time, the Czech Republic (X%) and Spain (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Italy (X%), Poland (X%), the Netherlands (X%) and Germany (X%) illustrated a downward trend over the same period. Belgium (X p.p.), the Czech Republic (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the total imports, while Italy, the Netherlands and Germany saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported diethanolamine and its salts in the European Union, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

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

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Netherlands ($X per ton) and Germany ($X per ton), while Italy ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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