Belgium: Triethanolamine Market 2024

Triethanolamine Market Size in Belgium

For the sixth year in a row, the Belgian triethanolamine market recorded growth in sales value, which increased by X% to $X in 2023. Overall, consumption recorded a relatively flat trend pattern. Triethanolamine consumption peaked at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.

Triethanolamine Production in Belgium

In value terms, triethanolamine production stood at less than $X in 2023 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Triethanolamine production peaked at $X in 2014; however, from 2015 to 2023, production failed to regain momentum.

Triethanolamine Exports

Exports from Belgium

In 2016, shipments abroad of triethanolamine and its salts increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, saw a abrupt setback. The growth pace was the most rapid in 2015 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

In value terms, triethanolamine exports shrank to $X in 2016. Over the period under review, exports, however, faced a dramatic contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Germany (X tons) and the UK (X tons) were the main destinations of triethanolamine exports from Belgium, with a combined X% share of total exports. The United States, Italy, the Netherlands and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2016, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for triethanolamine exported from Belgium were France ($X), Germany ($X) and the UK ($X), with a combined X% share of total exports. The United States, Italy, the Netherlands and Spain lagged somewhat behind, together comprising a further X%.

The United States, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2016, the average triethanolamine export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2016, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2016, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and Spain ($X per ton), while the average price for exports to the Netherlands ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced a decline.

Triethanolamine Imports

Imports into Belgium

For the fourth consecutive year, Belgium recorded decline in overseas purchases of triethanolamine and its salts, which decreased by X% to X tons in 2016. In general, imports saw a precipitous descent. Imports peaked at X tons in 2012; however, from 2013 to 2016, imports remained at a lower figure.

In value terms, triethanolamine imports shrank dramatically to $X in 2016. Over the period under review, imports saw a sharp slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2016, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), France (X tons) and Germany (X tons) were the main suppliers of triethanolamine imports to Belgium, together comprising X% of total imports. The Netherlands, Saudi Arabia and Mexico lagged somewhat behind, together accounting for a further X%.

From 2012 to 2016, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest triethanolamine suppliers to Belgium were the United States ($X), France ($X) and the Netherlands ($X), together comprising X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2016, the average triethanolamine import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2016, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2016, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Germany ($X per ton), while the price for France ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform