The European export market for Monoethanolamine and its salts in 2023 reflects Italy's dominant lead, with shipments valued at 222.27 million kilograms, marking a significant growth of 128.48% year-on-year. Belgium, though ranked second, saw a slight decline of 3.48%, while the Netherlands increased its exports by 3.12%. Noteworthy growth includes Poland (15.97%) and Croatia (23.54%), while Sweden and Denmark faced declines of 17.08% and 100%, respectively. Smaller exporters like Hungary (33.73%) and Ireland (111.18%) showed promising growth, indicating diverse opportunities in the region. Estonian exports also rose markedly by 81.81%, despite smaller volumes.
Future trends to watch include the potential stabilization or growth of Italy's market dominance, increasing demand from smaller emerging exporters like Hungary and Estonia, and the impact of economic and environmental policies on production capacities and trade dynamics across Europe. Additionally, fluctuations in global market demand and environmental regulations may significantly influence the export landscape.
Top countries in Export of Monoethanolamine and Its Salts by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 222,270,000 | 2023 | +86.08% | +128.48% | View data |
| 2 | 2 Belgium | 48,018,000 | 2023 | +0.15% | -3.48% | View data |
| 3 | 3 Netherlands | 8,745,000 | 2023 | +10.06% | +3.12% | View data |
| 4 | 4 Sweden | 5,575,900 | 2023 | +7.15% | -17.08% | View data |
| 5 | 5 Spain | 1,321,200 | 2023 | -0.88% | View data | |
| 6 | 6 United Kingdom | 1,045,000 | 2023 | -1.17% | -1.29% | View data |
| 7 | 7 France | 921,720 | 2023 | +3.14% | View data | |
| 8 | 8 Poland | 689,360 | 2023 | +4.96% | +15.97% | View data |
| 9 | 9 Cyprus | 77,300 | 2023 | +5.13% | -21.92% | View data |
| 10 | 10 Austria | 76,690 | 2023 | -3.38% | +9.69% | View data |
