In 2023, Saudi Arabia dominated the global export market of diethanolamine, accounting for the largest share, followed by Belgium and the United States. The top performers saw variations in their export values: Belgium exhibited a healthy increase, while Saudi Arabia and Malaysia experienced declines. Smaller exporters like Thailand and Slovenia showed impressive growth rates, whereas Brazil and Italy saw significant contractions. Emerging exporters displayed mixed results, with Norway and Colombia seeing substantial growth, contrasting with sharp decreases from Portugal and the Czech Republic.
Future trends to monitor include the potential for emerging markets like Colombia and Norway to continue expanding their export capacities in diethanolamine. Moreover, fluctuations in global demand and potential regulatory changes could influence trade dynamics, suggesting a need for exporters to adapt strategies accordingly.
Top countries in Export of Diethanolamine Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saudi Arabia | 36.84 | 2023 | +3.01% | -0.037% | View data |
| 2 | 2 Belgium | 27.88 | 2023 | +2.78% | +1.72% | View data |
| 3 | 3 United States | 8.41 | 2023 | -3.14% | +1.19% | View data |
| 4 | 4 Malaysia | 8.36 | 2023 | +1.75% | -0.34% | View data |
| 5 | 5 Sweden | 5.89 | 2023 | +0.53% | -1.43% | View data |
| 6 | 6 Singapore | 2.03 | 2023 | +4.64% | -0.42% | View data |
| 7 | 7 Thailand | 1.78 | 2023 | -1.92% | +6.28% | View data |
| 8 | 8 United Arab Emirates | 1.71 | 2023 | +6.22% | +0.73% | View data |
| 9 | 9 Russia | 1.41 | 2023 | -0.61% | -1.1% | View data |
| 10 | 10 Brazil | 0.37 | 2023 | -12.34% | -17.5% | View data |
