Ghana - Crude Glycerol, Glycerine Waters And Lyes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ghana - Crude Glycerol, Glycerine Waters And Lyes - Market Analysis, Forecast, Size, Trends And Insights

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Crude Glycerol Price in Ghana - 2022

Contents:

  1. Crude Glycerol Price in Ghana (CIF) - 2022
  2. Crude Glycerol Price in Ghana (FOB) - 2022
  3. Crude Glycerol Imports in Ghana
  4. Crude Glycerol Exports in Ghana

Crude Glycerol Price in Ghana (CIF) - 2022

In 2022, the average crude glycerol import price amounted to $2,151 per ton, waning by -35.4% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 59% against the previous year. As a result, import price attained the peak level of $3,332 per ton, and then contracted sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($32,390 per ton), while the price for Malaysia ($1,481 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Crude Glycerol Price in Ghana (FOB) - 2022

In 2022, the average crude glycerol export price amounted to $923 per ton, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2013 an increase of 50% against the previous year. The export price peaked at $1,044 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($938 per ton), while the average price for exports to the UK totaled $200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+0.9%), while the prices for the other major destinations experienced a decline.

Crude Glycerol Imports in Ghana

In 2022, approx. 14 tons of crude glycerol, glycerine waters and lyes were imported into Ghana; jumping by 616% compared with 2021. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,058% against the previous year. As a result, imports reached the peak of 25 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, crude glycerol imports surged to $29K in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,734% against the previous year. As a result, imports reached the peak of $53K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Crude Glycerol in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1.730.13.615.0106.6%
Belgium0.59.51.35.7125.1%
South AfricaN/A2.90.64.625.9%
Denmark0.23.60.41.386.6%
India0.10.90.21.2128.9%
SingaporeN/A3.0N/AN/A0%
Others0.22.60.31.8108.0%
Total2.952.66.429.5116.7%

Top Suppliers of Crude Glycerol to Ghana in 2022:

  1. Malaysia (10.1 tons)
  2. South Africa (1.5 tons)
  3. Belgium (1.2 tons)
  4. Denmark (0.4 tons)
  5. India (0.3 tons)

Crude Glycerol Exports in Ghana

In 2022, shipments abroad of crude glycerol, glycerine waters and lyes increased by 12% to 248 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a deep contraction.

In value terms, crude glycerol exports expanded remarkably to $229 in 2022. Overall, exports, however, continue to indicate a abrupt decrease.

Export of Crude Glycerol in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso314251202227-10.3%
United Kingdom3.02.01.01.0-30.7%
Others1.01.01.01.00.0%
Total318254204229-10.4%

Top Export Markets for Crude Glycerol from Ghana in 2022:

  1. Burkina Faso (242.0 kg)
  2. United Kingdom (5.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crude glycerol market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20411000 - Glycerol (glycerine), crude, glycerol waters and glycerol lyes

Country coverage:

  • Ghana

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ghana
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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