Turkey - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoethanolamine Price in Turkey - 2023
Contents:
- Monoethanolamine Price in Turkey (CIF) - 2023
- Monoethanolamine Price in Turkey (FOB) - 2022
- Monoethanolamine Imports in Turkey
- Monoethanolamine Exports in Turkey
Monoethanolamine Price in Turkey (CIF) - 2023
The average monoethanolamine import price stood at $1,164 per ton in July 2023, shrinking by -5.7% against the previous month. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 45% against the previous month. Over the period under review, average import prices attained the peak figure at $8,568 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,675 per ton), while the price for Russia ($791 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 Germany (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Monoethanolamine Price in Turkey (FOB) - 2022
The average monoethanolamine export price stood at $2,016 per ton in 2022, rising by 31% against the previous year. In general, the export price, however, recorded a mild decrease. The export price peaked at $2,372 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($2,699 per ton), while the average price for exports to South Korea ($1,568 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 Russia (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Monoethanolamine Imports in Turkey
In 2022, the amount of monoethanolamine and its salts imported into Turkey skyrocketed to 5K tons, increasing by 50% against the previous year's figure. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, monoethanolamine imports surged to $7.9M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Monoethanolamine in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 412 | 90.4 | 2,474 | 2,964 | 93.0% |
| Saudi Arabia | 768 | 691 | 687 | 1,613 | 28.1% |
| Russia | N/A | N/A | N/A | 1,048 | 0% |
| Germany | 454 | 573 | 567 | 912 | 26.2% |
| Thailand | 38.6 | 306 | 600 | 486 | 132.6% |
| Taiwan (Chinese) | 384 | 157 | 123 | 235 | -15.1% |
| Ukraine | N/A | N/A | N/A | 207 | 0% |
| Sweden | 391 | 348 | 231 | N/A | -23.1% |
| Others | 257 | 385 | 250 | 472 | 22.5% |
| Total | 2,704 | 2,550 | 4,932 | 7,937 | 43.2% |
Top Suppliers of Monoethanolamine to Turkey in 2022:
- Iran (1721.6 tons)
- Russia (1349.1 tons)
- Saudi Arabia (871.0 tons)
- Germany (292.9 tons)
- Ukraine (260.3 tons)
- Thailand (201.6 tons)
- Taiwan (Chinese) (100.8 tons)
Monoethanolamine Exports in Turkey
In 2022, overseas shipments of monoethanolamine and its salts decreased by -0.4% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 397% against the previous year. As a result, the exports attained the peak of 1.2K tons, leveling off in the following year.
In value terms, monoethanolamine exports skyrocketed to $2.5M in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 392% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Monoethanolamine in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 82.2 | 0.2 | 1,393 | 850 | 117.9% |
| Russia | 191 | 278 | 16.9 | 559 | 43.0% |
| South Korea | N/A | N/A | 63.3 | 356 | 462.4% |
| Slovakia | N/A | N/A | 198 | 260 | 31.3% |
| Greece | N/A | N/A | N/A | 101 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 62.1 | 0% |
| Uzbekistan | 21.1 | 16.7 | 9.1 | 59.0 | 40.9% |
| Others | 33.0 | 91.7 | 224 | 247 | 95.6% |
| Total | 327 | 387 | 1,904 | 2,494 | 96.8% |
Top Export Markets for Monoethanolamine from Turkey in 2022:
- Ukraine (463.1 tons)
- Russia (230.1 tons)
- South Korea (226.9 tons)
- Slovakia (118.0 tons)
- Greece (44.7 tons)
- United Arab Emirates (35.2 tons)
- Uzbekistan (21.9 tons)
This report provides an in-depth analysis of the monoethanolamine market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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