Philippines - Monoethanolamine And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoethanolamine Price in the Philippines - 2023
Contents:
- Monoethanolamine Price in the Philippines (CIF) - 2023
- Monoethanolamine Price in the Philippines (FOB) - 2022
- Monoethanolamine Imports in the Philippines
- Monoethanolamine Exports in the Philippines
Monoethanolamine Price in the Philippines (CIF) - 2023
In June 2023, the average monoethanolamine import price amounted to $2,465 per ton, picking up by 75% against the previous month. In general, the import price showed a mild increase. The pace of growth was the most pronounced in January 2023 when the average import price increased by 237% m-o-m. As a result, import price attained the peak level of $4,633 per ton. From February 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($9,134 per ton), while the price for Malaysia ($1,438 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Singapore (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Monoethanolamine Price in the Philippines (FOB) - 2022
In 2022, the average monoethanolamine export price amounted to $5,179 per ton, with an increase of 248% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +30.6% per year.
Monoethanolamine Imports in the Philippines
In 2022, the amount of monoethanolamine and its salts imported into the Philippines expanded to 777 tons, with an increase of 2.7% compared with 2021 figures. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, monoethanolamine imports soared to $1.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Monoethanolamine in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 107 | 249 | 288 | 524 | 69.8% |
Saudi Arabia | 106 | 51.0 | 215 | 299 | 41.3% |
Thailand | 199 | 254 | 213 | 282 | 12.3% |
Taiwan (Chinese) | 201 | 100 | 32.5 | 163 | -6.7% |
United States | 102 | 100 | 231 | 140 | 11.1% |
South Korea | 24.6 | 25.7 | 27.9 | 34.9 | 12.4% |
United Arab Emirates | N/A | N/A | N/A | 29.4 | 0% |
Singapore | 79.1 | 30.6 | 45.8 | 12.8 | -45.5% |
Germany | 23.0 | 25.4 | 29.0 | N/A | 12.3% |
Others | 45.7 | 50.8 | 53.1 | 20.2 | -23.8% |
Total | 888 | 887 | 1,135 | 1,505 | 19.2% |
Top Suppliers of Monoethanolamine to the Philippines in 2022:
- Malaysia (286.0 tons)
- Saudi Arabia (168.0 tons)
- Thailand (151.2 tons)
- Taiwan (Chinese) (84.0 tons)
- United States (38.1 tons)
- United Arab Emirates (16.8 tons)
- South Korea (16.8 tons)
- Singapore (6.7 tons)
Monoethanolamine Exports in the Philippines
In 2022, overseas shipments of monoethanolamine and its salts decreased by -98.8% to 140 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 236% against the previous year.
In value terms, monoethanolamine exports fell significantly to $725 in 2022. In general, exports showed a precipitous decline. The pace of growth was the most pronounced in 2020 when exports increased by 372% against the previous year.
Export of Monoethanolamine in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | N/A | N/A | N/A | 0.7 | 0% |
New Zealand | 2.1 | 1.0 | 17.9 | N/A | 192.0% |
Japan | N/A | 9.1 | N/A | N/A | 0% |
Others | N/A | N/A | 0.2 | N/A | 0% |
Total | 2.1 | 10.1 | 18.1 | 0.7 | -30.7% |
Top Export Markets for Monoethanolamine from the Philippines in 2022:
- Australia (140.0 kg)
This report provides an in-depth analysis of the monoethanolamine market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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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