The 2023 global export landscape for Monoethanolmine showed Saudi Arabia leading with approximately $132.61M, followed by the United States and Belgium. Year-on-year growth highlights strong performance from Poland (12.48%) and Switzerland (30.86%), while Mexico saw a severe decline (-22.34%). Russia, Singapore, and China also noted negative variations. The compound annual growth rate (CAGR) over five years points to resilient growth in emerging markets like India and Austria. Overall, Europe and North America remain major exporters, while Asia and Africa are growing players.
Future trends to watch include increased demand from Asia Pacific, where countries like China might rebound due to industrial growth. Furthermore, sustainable chemical production and environmental regulations might influence shifts in export patterns, requiring adaptive strategies from traditional exporters.
Top countries in Export of Monoethanolmine by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Saudi Arabia | 132,610,000 | 2023 | +5.97% | +3.72% | View data |
2 | 2 United States | 104,590,000 | 2023 | +0.15% | +2.06% | View data |
3 | 3 Belgium | 83,117,000 | 2023 | +3.41% | +1.82% | View data |
4 | 4 India | 25,393,000 | 2023 | +5.18% | +5.34% | View data |
5 | 5 Sweden | 22,350,000 | 2023 | +4.87% | +2.92% | View data |
6 | 6 Malaysia | 21,907,000 | 2023 | +1.3% | +0.067% | View data |
7 | 7 Thailand | 13,071,000 | 2023 | +1.37% | +3.17% | View data |
8 | 8 Netherlands | 12,375,000 | 2023 | +1.9% | +1.27% | View data |
9 | 9 Russia | 6,093,500 | 2023 | -0.74% | -1.45% | View data |
10 | 10 Italy | 5,885,200 | 2023 | +2.26% | +1.82% | View data |