Colombia - Triethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTriethanolamine Price in Colombia - 2022
Contents:
- Triethanolamine Price in Colombia (CIF) - 2022
- Triethanolamine Price in Colombia (FOB) - 2022
- Triethanolamine Imports in Colombia
- Triethanolamine Exports in Colombia
Triethanolamine Price in Colombia (CIF) - 2022
The average triethanolamine import price stood at $1,207 per ton in 2022, dropping by -2.1% against the previous year. Overall, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 0.1%. As a result, import price attained the peak level of $1,765 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,293 per ton), while the price for Russia ($693 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.0%), while the prices for the other major suppliers experienced a decline.
Triethanolamine Price in Colombia (FOB) - 2022
In 2022, the average triethanolamine export price amounted to $1,880 per ton, shrinking by -3.3% against the previous year. Over the period under review, the export price saw a pronounced setback. The growth pace was the most rapid in 2014 an increase of 2.3% against the previous year. As a result, the export price reached the peak level of $2,716 per ton. From 2015 to 2022, the average 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 Free Zones ($14,819 per ton), while the average price for exports to Venezuela ($361 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 Panama (+87.8%), while the prices for the other major destinations experienced more modest paces of growth.
Triethanolamine Imports in Colombia
For the fourth consecutive year, Colombia recorded growth in purchases abroad of triethanolamine and its salts, which increased by 1.5% to 1.3K tons in 2022. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 1.5% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, triethanolamine imports dropped to $1.6M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The smallest decline of -0.6% was in 2020.
| Import of Triethanolamine in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 919 | 895 | 866 | 831 | -3.3% |
| Germany | 305 | 344 | 385 | 429 | 12.0% |
| Mexico | 191 | 177 | 163 | 149 | -7.9% |
| Russia | 66.7 | 58.2 | 50.5 | 43.5 | -13.3% |
| Brazil | 66.0 | 55.3 | 46.0 | 37.9 | -16.9% |
| Others | 63.7 | 71.0 | 79.9 | 90.3 | 12.3% |
| Total | 1,611 | 1,601 | 1,590 | 1,580 | -0.6% |
Top Suppliers of Triethanolamine to Colombia in 2022:
- United States (642.8 tons)
- Germany (379.4 tons)
- Mexico (185.3 tons)
- Russia (62.7 tons)
- Brazil (30.0 tons)
Triethanolamine Exports in Colombia
For the fourth year in a row, Colombia recorded growth in overseas shipments of triethanolamine and its salts, which increased by 13% to 4.3 tons in 2022. The total export volume increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, triethanolamine exports expanded rapidly to $8.2K in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 9.3% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Triethanolamine in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 3.1 | 3.8 | 4.5 | 5.4 | 20.3% |
| Dominican Republic | 1.9 | 1.8 | 1.7 | 1.6 | -5.6% |
| Venezuela | 1.3 | 1.3 | 1.2 | 1.2 | -2.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.3 | 6.8 | 7.5 | 8.2 | 9.2% |
Top Export Markets for Triethanolamine from Colombia in 2022:
- Venezuela (3.3 tons)
- Dominican Republic (0.7 tons)
- Free Zones (0.4 tons)
This report provides an in-depth analysis of the triethanolamine market in Colombia. 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 20144237 - Triethanolamine and its salts
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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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