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

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

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Crude Glycerol Price in Greece - 2023

Contents:

  1. Crude Glycerol Price in Greece (FOB) - 2023
  2. Crude Glycerol Price in Greece (CIF) - 2022
  3. Crude Glycerol Exports in Greece
  4. Crude Glycerol Imports in Greece

Crude Glycerol Price in Greece (FOB) - 2023

In July 2023, the average crude glycerol export price amounted to $251 per ton, with a decrease of -19.8% against the previous month. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in February 2023 an increase of 18% month-to-month. The export price peaked at $867 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($454 per ton), while the average price for exports to India ($202 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Glycerol Price in Greece (CIF) - 2022

In 2022, the average crude glycerol import price amounted to $2,028 per ton, surging by 54% against the previous year. Over the period under review, the import price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2014 when the average import price increased by 182% against the previous year. Over the period under review, average import prices attained the maximum at $2,812 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($3,739 per ton), while the price for Bulgaria ($1,892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Crude Glycerol Exports in Greece

In 2022, exports of crude glycerol, glycerine waters and lyes from Greece contracted dramatically to 8.5K tons, shrinking by -53.5% on the previous year. In general, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, the exports reached the peak of 18K tons, and then shrank remarkably in the following year.

In value terms, crude glycerol exports contracted sharply to $5.5M in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 204%. As a result, the exports reached the peak of $7.6M, and then shrank markedly in the following year.

Export of Crude Glycerol in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3255753,4092,35093.4%
India3736041,75776627.1%
Italy45126125061711.0%
China2573151,10053827.9%
Ukraine1,874601N/A416-39.5%
Pakistan60.238.885.929870.4%
United Arab EmiratesN/AN/AN/A2240%
ThailandN/AN/A668128-80.8%
Hong Kong SARN/A12.964.180.8150.3%
Others15896.829141.9-35.8%
Total3,4982,5057,6255,45916.0%

Top Export Markets for Crude Glycerol from Greece in 2022:

  1. Turkey (3224.1 tons)
  2. India (1656.0 tons)
  3. Italy (850.8 tons)
  4. China (821.9 tons)
  5. United Arab Emirates (541.7 tons)
  6. Pakistan (492.2 tons)
  7. Ukraine (480.0 tons)
  8. Hong Kong SAR (190.9 tons)
  9. Thailand (190.6 tons)

Crude Glycerol Imports in Greece

For the fourth year in a row, Greece recorded growth in supplies from abroad of crude glycerol, glycerine waters and lyes, which increased by 23% to 80 tons in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 121% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, crude glycerol imports soared to $162K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Crude Glycerol in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BulgariaN/A22.748.599.0108.8%
Germany18.316.329.247.337.2%
Finland7.74.93.58.42.9%
Netherlands0.10.93.76.1293.6%
Others2.35.40.81.1-21.8%
Total28.450.285.716278.7%

Top Suppliers of Crude Glycerol to Greece in 2022:

  1. Bulgaria (52.3 tons)
  2. Germany (22.5 tons)
  3. Netherlands (2.5 tons)
  4. Finland (2.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crude glycerol market in Greece. 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:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • 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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