MERCOSUR: Monoethanolamine Market 2024

Monoethanolamine Market Size in MERCOSUR

In 2022, the MERCOSUR monoethanolamine market was finally on the rise to reach $X for the first time since 2014, thus ending a seven-year declining trend. In general, consumption, however, continues to indicate a noticeable downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Monoethanolamine Production in MERCOSUR

In value terms, monoethanolamine production shrank to $X in 2022 estimated in export price. In general, production faced a abrupt slump. The pace of growth was the most pronounced in 2021 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 failed to regain momentum.

Monoethanolamine Exports

Exports in MERCOSUR

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. Overall, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then declined sharply in the following year.

In value terms, monoethanolamine exports fell significantly to $X in 2022. In general, exports, however, continue to indicate strong growth. 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, and then contracted sharply in the following year.

Exports by Country

Brazil prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Chile (X tons) took a relatively small share of total exports.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Chile (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Chile (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest monoethanolamine supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports.

In Brazil, monoethanolamine exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated a perceptible 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. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

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

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

Monoethanolamine Imports

Imports in MERCOSUR

In 2022, supplies from abroad of monoethanolamine and its salts was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Total imports indicated a modest expansion 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 decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, monoethanolamine imports surged to $X in 2022. Overall, imports recorded a moderate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) represented the main importer of monoethanolamine and its salts, committing X% of total imports. Argentina (X tons) held the second position in the ranking, distantly followed by Colombia (X tons) and Chile (X tons). All these countries together took approx. X% share of total imports. Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to monoethanolamine imports into Brazil stood at X%. At the same time, Chile (X%), Ecuador (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Argentina experienced a relatively flat trend pattern. While the share of Brazil (X p.p.), Chile (X p.p.), Colombia (X p.p.) and Ecuador (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Argentina (X p.p.) displayed negative dynamics.

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

In Brazil, monoethanolamine imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, jumping by X% against the previous year. Import price indicated notable growth 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. As a result, import price attained the peak level and is likely to continue 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 Colombia ($X per ton), while Chile ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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