Report Update: Apr 1, 2024

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

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Monoethanolamine Price in Norway - 2023

Monoethanolamine Price in Norway (CIF) - 2023

The average monoethanolamine import price stood at $2,387 per ton in August 2023, reducing by -5.3% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 4.5% month-to-month. Over the period under review, average import prices reached the peak figure at $2,533 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($3,038 per ton), while the price for Germany ($1,719 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+46.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Monoethanolamine Price in Norway (FOB) - 2022

The average monoethanolamine export price stood at $1,685 per ton in 2022, dropping by -21.8% against the previous year. In general, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2019 an increase of 47%. The export price peaked at $2,916 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -1.9% per year.

Monoethanolamine Imports in Norway

For the third year in a row, Norway recorded decline in purchases abroad of monoethanolamine and its salts, which decreased by -4.7% to 1.6K tons in 2022. Over the period under review, imports showed a dramatic setback.

In value terms, monoethanolamine imports surged to $4.2M in 2022. Overall, imports recorded a noticeable shrinkage.

Import of Monoethanolamine in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	1,075	526	7.0	2,481	32.2%
United States	289	340	485	550	23.9%
Switzerland	29.5	23.9	3.9	414	141.2%
Denmark	574	516	178	286	-20.7%
Germany	362	377	120	226	-14.5%
Sweden	1,188	878	129	115	-54.1%
Belgium	283	132	18.5	95.8	-30.3%
Czech Republic	150	N/A	N/A	N/A	0%
Saudi Arabia	387	398	81.3	N/A	-54.2%
Others	272	143	1,831	7.3	-70.1%
Total	4,608	3,335	2,853	4,175	-3.2%

Top Suppliers of Monoethanolamine to Norway in 2022:

Netherlands (865.9 tons)
United States (266.3 tons)
Switzerland (193.4 tons)
Denmark (88.1 tons)
Germany (79.5 tons)
Sweden (59.3 tons)
Belgium (35.6 tons)

Monoethanolamine Exports in Norway

In 2022, overseas shipments of monoethanolamine and its salts decreased by -92.6% to 1.1 tons, falling for the second consecutive year after two years of growth. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. As a result, the exports attained the peak of 29 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, monoethanolamine exports dropped notably to $1.9K in 2022. Overall, exports recorded a dramatic decrease. The growth pace was the most rapid in 2020 when exports increased by 61%. As a result, the exports reached the peak of $79K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Monoethanolamine in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	N/A	N/A	0.1	1.9	1800.0%
United Kingdom	36.1	12.4	18.2	N/A	-29.0%
France	11.7	2.8	2.6	N/A	-52.9%
Australia	N/A	63.6	N/A	N/A	0%
Others	1.4	0.4	12.7	N/A	201.2%
Total	49.3	79.2	33.5	1.9	-66.2%

Top Export Markets for Monoethanolamine from Norway in 2022:

Finland (1.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the monoethanolamine market in Norway. 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:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
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