EU: Monoethanolamine Market 2024

Monoethanolamine Market Size in the EU

In 2022, the EU monoethanolamine market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Monoethanolamine Production in the EU

In value terms, monoethanolamine production expanded to $X in 2022 estimated in export price. In general, production recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Monoethanolamine Exports

Exports in the EU

In 2022, overseas shipments of monoethanolamine and its salts decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed a perceptible expansion. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell rapidly in the following year.

In value terms, monoethanolamine exports reached $X in 2022. Overall, exports, however, showed prominent growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

In 2022, Belgium (X tons) represented the main exporter of monoethanolamine and its salts, constituting X% of total exports. It was distantly followed by France (X tons), the Netherlands (X tons) and Italy (X tons), together mixing up a X% share of total exports. The following exporters - Sweden (X tons), Spain (X tons) and Denmark (X tons) - together made up X% of total exports.

Exports from Belgium increased at an average annual rate of X% from 2012 to 2022. At the same time, Denmark (X%), France (X%), Spain (X%) and Italy (X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. By contrast, Sweden (X%) illustrated a downward trend over the same period. While the share of France (X p.p.) and Italy (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (X p.p.), the Netherlands (X p.p.) and Sweden (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Belgium, monoethanolamine exports increased 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: France (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price saw a noticeable increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Monoethanolamine Imports

Imports in the EU

In 2022, purchases abroad of monoethanolamine and its salts increased by X% to X tons, rising for the sixth consecutive year after two years of decline. Total imports indicated a temperate 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, monoethanolamine imports skyrocketed to $X in 2022. Overall, imports posted a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Belgium was the major importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by France (X tons), Germany (X tons), the Netherlands (X tons), Italy (X tons) and Spain (X tons), together making up a X% share of total imports. Austria (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to monoethanolamine imports into Belgium stood at X%. At the same time, Austria (X%), Germany (X%), the Netherlands (X%) and Spain (X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Italy (X%) illustrated a downward trend over the same period. Belgium (X p.p.) and Austria (X p.p.) significantly strengthened its position in terms of the total imports, while Spain, Italy and France 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 ($X) constitutes the largest market for imported monoethanolamine and its salts in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Belgium amounted to X%. In the other countries, the average annual rates were as follows: France (X% per year) and Germany (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. Import price indicated a measured increase 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 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Spain ($X per ton), while Austria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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