Triethanolamine Price Trend and Forecast

Triethanolamine Regional Price Overview

Get the latest insights on price movement and trend analysis of Triethanolamine in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Triethanolamine Price Trend for Q1 of 2025

Asia

In the Asian markets, Triethanolamine (TEA) experienced a moderate upward price trajectory throughout Q1’25. The trend was primarily driven by the tightening supply of key chemical feedstocks that are essential for TEA production. Major producers in China and India operated at reduced capacities due to environmental compliance measures implemented in late 2024. This coincided with steady demand from the personal care and construction sectors, creating upward pressure on prices.
 

Triethanolamine Price Chart

Please Login or Subscribe to Access the Triethanolamine Price Chart Data
 

The agricultural sector's seasonal demand for TEA-based herbicide formulations further contributed to the price increase in the region. Several Asian manufacturers announced price adjustments in February to offset rising production costs, reflecting the overall bullish sentiment in the market.

Europe

European Triethanolamine markets witnessed a more pronounced price increase during Q1’25 compared to other regions. The primary factors behind this trend were supply constraints resulting from maintenance turnarounds at several major chemical facilities across Western Europe. Production volumes remained constrained throughout the quarter, while downstream industries maintained consistent demand.

The construction sector's early seasonal pickup in activity, particularly in Germany and France, contributed significantly to sustaining TEA consumption. Additionally, European producers faced increased energy costs, which translated into higher production expenses and subsequently elevated TEA prices. Import volumes from Asia remained limited due to logistical challenges and competitive domestic pricing in those markets.

North America

In North America, Triethanolamine prices surged notably during Q1’25, continuing the upward momentum from late 2024. The market faced significant supply constraints due to multiple scheduled maintenance turnarounds at production facilities between February and March. This coincided with limited inventory levels following production disruptions in the previous months.

The demand side remained robust, with consistent consumption from the textile, personal care, and cement industries. The tight supply-demand scenario was further exacerbated by logistics challenges that affected material movement across the region. By March, spot market availability had decreased substantially, forcing buyers to accept higher price points to secure volumes.

Analyst Insight

According to Procurement Resource, Triethanolamine prices are expected to gradually stabilize as production capacities returns to normal levels. However, continued pressure from raw material costs and potentially strong seasonal demand could maintain price levels above historical averages in the near term.
 

Triethanolamine Price Trend for the Second Half of 2024

Asia

The Asian Triethanolamine market experienced persistent price declines throughout the second half of 2024. In Q3, oversupply conditions dominated as resumed production activities across key manufacturers increased inventory pressure. By Q4, this situation worsened, with prices dropping steadily due to high operating rates and increased imports from the U.S.

The construction sector showed mixed performance despite government stimulus efforts in China, as seasonal slowdowns in northern regions and limited new projects in the south dampened demand. Buyers adopted cautious procurement strategies, focusing only on essential purchases due to market uncertainty. Several production facilities across Asia temporarily halted operations amid minimal trading activity and mounting unsold stock. Declining feedstock costs failed to stimulate market recovery as weak downstream consumption from concrete production and surfactants limited price support.

Europe

European Triethanolamine prices followed a consistent downward trend during H2 2024. The market witnessed price reductions driven by weak demand and ample supply across key markets like Germany and France. In Q3, prices fell significantly, reflecting the challenging market environment and decreased construction activity as indicated by contracting Eurozone construction PMI data. This downward pressure intensified in Q4, with prices dropping approximately 5% in major markets by December.

The construction sector, a major TEA consumer, faced significant challenges with reduced activity, limited new orders, and high material costs dampening demand for cement grinding aids and coatings. Personal care sectors also experienced reduced consumption as inflation constrained consumer spending on cosmetics and skincare products. Meanwhile, stable upstream costs coupled with increased imports from the U.S. contributed to oversupply conditions.

North America

During the second half of 2024, Triethanolamine prices in North America displayed a notable shift from the earlier bullish trend. In Q3, prices initially rose significantly due to stable demand from the construction sector and limited supplies. However, by September, this upward momentum began weakening, showing early signs of decline.

The downward trajectory continued throughout Q4, with prices falling steadily in November and December. This decline stemmed from subdued demand in the construction sector where labor constraints and material shortages delayed projects. Though public infrastructure investments offered some support, the weak housing market and cautious procurement amid political uncertainty limited consumption. Additionally, falling feedstock Ethylene Oxide prices and reduced upstream crude oil costs further pressured the market. By year-end, manufacturers operated with thin margins as seasonal slowdowns and inventory management strategies compounded demand weakness.

Analyst Insight

According to Procurement Resource, the Triethanolamine market is expected to remain under pressure in early 2025, with recovery anticipated by mid-year contingent on government measures to stimulate construction and industrial activity.
 

Triethanolamine Price Trend for the First Half of 2024

Asia

In Asia, triethanolamine prices followed global suit as the pricing patterns of the commodity trended upward, influenced by rising freight rates and logistical bottlenecks caused by the Red Sea crisis. A shortage of container and vessel space led to significant delays and increased transportation costs, which were passed on to buyers.

Despite relatively weak end-product demand, local supply tightness and the surge in freight costs drove up prices. In China, macroeconomic factors, such as a reduction in interest rates, provided some positive momentum, boosting local market prices and contributing to an overall improvement in the market during May. For most other months, the procurement rates were fueled by escalating overseas queries and rising transportation charges.

Europe

In Europe, the triethanolamine market faced similar challenges as the US market, with prices rising sharply due to reduced production rates and maintenance turnarounds at major facilities, such as BASF SE in Germany. The shutdown of upstream ethylene oxide plants added to the supply shortage, exacerbating the tightness in the market. European producers grappled with low profitability and intense competition, leading some to consider closing upstream units and relying more on imports from Asia. Additionally, geopolitical tensions and logistical issues, particularly related to the Red Sea crisis, further disrupted supply chains and increased freight costs, contributing to the elevated prices in the region.

North America

In the US market, prices were notably affected by severe shortages and production delays, particularly due to an extended Force Majeure declared by Dow Chemicals. This production halt, coupled with harsh weather conditions that disrupted operations, led to reduced inventory levels and escalated operational costs for key producers. As a result, sellers in the US market offered triethanolamine at higher prices, anticipating further disruptions and preparing for a potential uptick in March.

The situation was compounded by ongoing logistical challenges, including port closures and adverse weather conditions, which further constrained supply chains. Traders adjusted their pricing strategies based on limited stock availability, and market participants took a cautious approach to inventory management to mitigate profitability pressures. Despite some recovery in downstream industries like construction, the balance between supply and demand remained delicate, with ongoing supply constraints exerting upward pressure on prices.

Analyst Insight

According to Procurement Resource, the price of Triethanolamine is expected to move northwards as the market outlook remains uncertain, with geopolitical tensions and continued supply chain challenges expected to keep prices elevated in the near term.
 

Triethanolamine Price Trend for the Second Half of 2023

Asia

The positive momentum of the triethanolamine market was carried forward into the third quarter, too, as the prices inclined swiftly throughout the quarter. The Asian currencies registered a slight uptick in comparison to the US Dollar, and with increased export volumes, the overall dynamics of the market moved northwards.

In view of this rising consumer demand and favorable market conditions, a number of manufacturers increased their profit margins and expanded their consumer base. However, these sentiments were not carried forward in the fourth quarter as across the Asian countries, the trading activities declined due to the disruption of the Red Sea route, and the inventories rose beyond demand, resulting in the downfall of the triethanolamine price trend.

Europe

The European countries registered a significant uptick in the triethanolamine market outlook during the third quarter of 2023 as supply chain disruptions caused by the unexpected shutting down of several production plants worked in favor of the market. In addition to this, the downstream demand from domestic and overseas industries also remained in the green zone throughout the quarter, resulting in an incline in the triethanolamine price trend. The lower level of inventories and limited availability of raw materials kept this momentum of the market going in the fourth quarter, too, as the prices ended the year on a positive note.

North America

The disturbance in the supply of feedstock materials and rapidly depleting inventories, along with rising demand for triethanolamine, created an imbalance of supply-demand equilibria and led to the rise in the triethanolamine price trend. The market, however, took on a bearish note during the end phase of the third quarter due to insufficient inquiries but soon regained its pace in the fourth on account of rising demand and scarcity of raw materials.

Analyst Insight

According to Procurement Resource, the price trend of Triethanolamine is estimated to be driven by the support from the downstream procurement rates and unbalanced trade of raw materials.
 

Triethanolamine Price Trend for the First Half of 2023

Asia

In the initial months of the first quarter of 2023, the price trend of triethanolamine dipped due to the weak support from the feedstock materials and declining demand from the downstream industries. But in the subsequent months, the demand and overall market sentiments of the triethanolamine sector improved, giving the required push to the triethanolamine price trend.

In the second quarter, the downstream industries, such as cosmetics and automotive sectors, increased their number of orders and thus drove the price trend of triethanolamine in an upward trajectory. However, the trading activities saw a delay that slightly depleted the availability of the product in the market.

Europe

In Europe, the price trend of triethanolamine declined steeply in the first quarter as the domestic downstream industries continued to showcase low demand amid a high supply of the product in the region. In addition to this, in the second quarter, the falling prices of feedstock materials, weak economic conditions, and strong supply of triethanolamine adversely affected triethanolamine prices and ultimately caused the price trend of triethanolamine to slump.

North America

In North America, the price trend of triethanolamine suffered from muted demand from domestic and international buyers. Along with this, the cost of feedstocks also failed to support the triethanolamine market. Additionally, a high number of cheap imports from Asian nations and strong supply led to the problem of oversupply amid the falling North American economy, which eventually caused the price trend of triethanolamine to fall.

Analyst Insight

According to Procurement Resource, the price trend of Triethanolamine is estimated to depict a falling trend as struggling global economic conditions are expected to affect the demand for triethanolamine negatively.

Procurement Resource provides latest prices of Triethanolamine. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.