Lithuania - Crude Glycerol, Glycerine Waters And Lyes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Glycerol Price in Lithuania - 2023
Contents:
- Crude Glycerol Price in Lithuania (FOB) - 2023
- Crude Glycerol Price in Lithuania (CIF) - 2022
- Crude Glycerol Exports in Lithuania
- Crude Glycerol Imports in Lithuania
Crude Glycerol Price in Lithuania (FOB) - 2023
The average crude glycerol export price stood at $319 per ton in September 2023, falling by -5.5% against the previous month. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 6.4% m-o-m. The export price peaked at $836 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were Russia ($385 per ton) and Latvia ($306 per ton), while the average price for exports to Cyprus ($272 per ton) and Germany ($295 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (0.0%), while the prices for the other major destinations experienced a decline.
Crude Glycerol Price in Lithuania (CIF) - 2022
The average crude glycerol import price stood at $613 per ton in 2022, falling by -82.8% against the previous year. Over the period under review, the import price continues to indicate a sharp downturn. The growth pace was the most rapid in 2015 when the average import price increased by 933%. The import price peaked at $10,549 per ton in 2013; however, from 2014 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 Poland ($1,915 per ton), while the price for Latvia ($198 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+1.3%), while the prices for the other major suppliers experienced a decline.
Crude Glycerol Exports in Lithuania
In 2022, approx. 34K tons of crude glycerol, glycerine waters and lyes were exported from Lithuania; with an increase of 77% compared with 2021. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, crude glycerol exports soared to $17M in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 131%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Crude Glycerol in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 0.1 | 0.1 | N/A | 8.0 | 330.9% |
| Russia | 2.8 | 3.5 | 8.7 | 6.6 | 33.1% |
| Poland | 0.1 | 0.2 | 0.6 | 1.0 | 115.4% |
| Estonia | 0.1 | 0.2 | 0.3 | 0.6 | 81.7% |
| Others | 0.5 | 0.4 | 0.5 | 0.7 | 11.9% |
| Total | 3.6 | 4.4 | 10.1 | 17.0 | 67.8% |
Top Export Markets for Crude Glycerol from Lithuania in 2022:
- Latvia (16.6K tons)
- Russia (13.3K tons)
- Poland (2.3K tons)
- Estonia (1.4K tons)
Crude Glycerol Imports in Lithuania
In 2022, approx. 1.2K tons of crude glycerol, glycerine waters and lyes were imported into Lithuania; jumping by 1,344% against the year before. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, crude glycerol imports surged to $706K in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 178%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Crude Glycerol in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 67.7 | 13.1 | 262 | 357 | 74.1% |
| Finland | N/A | N/A | N/A | 208 | 0% |
| Estonia | N/A | N/A | N/A | 61.9 | 0% |
| Italy | N/A | N/A | N/A | 32.6 | 0% |
| Latvia | N/A | 40.6 | N/A | 30.3 | -13.6% |
| Others | 7.8 | 48.5 | 21.6 | 16.1 | 27.3% |
| Total | 75.6 | 102 | 284 | 706 | 110.6% |
Top Suppliers of Crude Glycerol to Lithuania in 2022:
- Finland (670.7 tons)
- Poland (186.6 tons)
- Latvia (152.8 tons)
- Estonia (119.3 tons)
- Italy (22.5 tons)
This report provides an in-depth analysis of the crude glycerol market in Lithuania. 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:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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