Report Update: Apr 1, 2024

Australia - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Monoethanolamine Price in Australia - 2023

Monoethanolamine Price in Australia (CIF) - 2023

In July 2023, the average monoethanolamine import price amounted to $1,596 per ton, rising by 5.4% against the previous month. Overall, the import price, however, saw a perceptible downturn. The growth pace was the most rapid in April 2023 an increase of 7.9% against the previous month. The import price peaked at $2,259 per ton in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Barbados ($5,314 per ton), while the price for China ($1,389 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Monoethanolamine Price in Australia (FOB) - 2022

The average monoethanolamine export price stood at $2,800 per ton in 2022, growing by 22% against the previous year. Overall, the export price, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by 103% against the previous year. Over the period under review, the average export prices reached the maximum at $4,101 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($11,589 per ton), while the average price for exports to Poland ($1,016 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 Papua New Guinea (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

Monoethanolamine Imports in Australia

Monoethanolamine imports into Australia skyrocketed to 3.7K tons in 2022, growing by 25% compared with 2021 figures. The total import volume increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, monoethanolamine imports skyrocketed to $6.9M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Monoethanolamine in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	1,453	1,984	2,273	3,520	34.3%
Germany	537	328	379	726	10.6%
Thailand	917	518	407	679	-9.5%
India	N/A	4.6	169	591	1033.5%
China	N/A	N/A	N/A	438	0%
Malaysia	80.1	442	82.0	259	47.9%
United States	78.0	228	589	241	45.6%
Taiwan (Chinese)	93.3	26.6	N/A	161	19.9%
Others	318	260	178	288	-3.2%
Total	3,477	3,790	4,076	6,903	25.7%

Top Suppliers of Monoethanolamine to Australia in 2022:

Saudi Arabia (1779.4 tons)
Germany (469.4 tons)
China (437.1 tons)
Thailand (348.3 tons)
India (225.3 tons)
United States (124.2 tons)
Malaysia (119.5 tons)
Taiwan (Chinese) (72.8 tons)

Monoethanolamine Exports in Australia

In 2022, shipments abroad of monoethanolamine and its salts decreased by -42.2% to 3.8 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 77%. As a result, the exports attained the peak of 27 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, monoethanolamine exports declined rapidly to $11K in 2022. In general, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2020 when exports increased by 42% against the previous year. As a result, the exports attained the peak of $59K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Monoethanolamine in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	2.3	11.3	1.5	5.7	35.3%
Papua New Guinea	2.2	2.2	N/A	2.7	7.1%
New Zealand	0.2	26.9	12.8	2.2	122.4%
Poland	N/A	N/A	N/A	0.1	0%
New Caledonia	8.1	N/A	N/A	N/A	0%
Egypt	N/A	18.0	N/A	N/A	0%
Saudi Arabia	28.7	N/A	N/A	N/A	0%
Others	N/A	0.5	0.9	0.1	-55.3%
Total	41.5	58.9	15.3	10.8	-36.2%

Top Export Markets for Monoethanolamine from Australia in 2022:

Vietnam (2460.0 kg)
New Zealand (1011.0 kg)
Papua New Guinea (233.0 kg)
Poland (140.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the monoethanolamine market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20144233 - Monoethanolamine and its salts

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023