Forecast: Import of Triethanolamine to China

The forecast for China's import of triethanolamine from 2024 to 2028 shows consistent growth, with volumes increasing from 60.596 million kilograms in 2024 to 67.584 million kilograms in 2028. This represents an average yearly growth rate, compounded annually, of about 2.7%. Year-on-year growth remains stable, around 2.9% per year. Assuming that 2023 volumes were close to 60 million kilograms, this upward trend highlights increasing domestic demand or decreased local production capabilities.

Future trends to watch for include:

  • Domestic production capabilities and how they might affect import dependence.
  • Regulations affecting chemical imports in China.
  • Global market dynamics and their influence on supply and pricing.
  • Potential shifts toward alternatives or substitutes in end-use sectors impacting demand.

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