U.S. - Crude Glycerol, Glycerine Waters And Lyes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Glycerol Price in the United States - 2023
Contents:
- Crude Glycerol Price in the United States (FOB) - 2023
- Crude Glycerol Price in the United States (CIF) - 2023
- Crude Glycerol Exports in the United States
- Crude Glycerol Imports in the United States
Crude Glycerol Price in the United States (FOB) - 2023
In August 2023, the average crude glycerol export price amounted to $448 per ton, jumping by 25% against the previous month. In general, the export price, however, recorded a pronounced shrinkage. The growth pace was the most rapid in December 2022 when the average export price increased by 67% against the previous month. As a result, the export price attained the peak level of $758 per ton. From January 2023 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($1,600 per ton), while the average price for exports to India ($341 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Glycerol Price in the United States (CIF) - 2023
The average crude glycerol import price stood at $489 per ton in August 2023, growing by 13% against the previous month. Overall, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in June 2023 an increase of 41% month-to-month. Over the period under review, average import prices attained the peak figure at $1,196 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($6,173 per ton), while the price for Canada ($313 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by India (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Crude Glycerol Exports in the United States
For the fourth year in a row, the United States recorded growth in overseas shipments of crude glycerol, glycerine waters and lyes, which increased by 40% to 76K tons in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 83%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, crude glycerol exports soared to $53M in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Crude Glycerol in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 2.9 | 2.2 | 4.6 | 13.4 | 66.6% |
India | 0.4 | 1.9 | 6.6 | 12.6 | 215.8% |
Canada | 3.0 | 4.3 | 6.4 | 9.2 | 45.3% |
Malaysia | 1.5 | 2.7 | 3.7 | 6.6 | 63.9% |
South Korea | 0.3 | 0.2 | 1.1 | 2.9 | 113.0% |
Saudi Arabia | 2.4 | 2.8 | 1.8 | 2.6 | 2.7% |
Denmark | 0.4 | 0.1 | N/A | 2.0 | 71.0% |
China | 5.5 | 1.3 | 0.7 | 1.3 | -38.2% |
Germany | 1.1 | 0.5 | 0.4 | 0.1 | -55.0% |
Others | 1.3 | 2.8 | 4.9 | 2.5 | 24.4% |
Total | 18.8 | 18.8 | 30.3 | 53.2 | 41.4% |
Top Export Markets for Crude Glycerol from the United States in 2022:
- Mexico (18.1K tons)
- India (17.1K tons)
- Canada (15.3K tons)
- Malaysia (7.9K tons)
- Denmark (4.9K tons)
- Saudi Arabia (4.3K tons)
- South Korea (3.7K tons)
- China (1.8K tons)
- Germany (0.1K tons)
Crude Glycerol Imports in the United States
For the fourth consecutive year, the United States recorded growth in purchases abroad of crude glycerol, glycerine waters and lyes, which increased by 38% to 43K tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.4% against 2019 indices. 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 $41M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Crude Glycerol in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 4.7 | 6.5 | 12.6 | 31.8 | 89.1% |
Argentina | N/A | N/A | 1.3 | 4.3 | 230.8% |
India | 3.1 | 2.7 | 3.0 | 3.6 | 5.1% |
Brazil | 0.8 | 1.3 | 0.6 | 0.7 | -4.4% |
Others | 0.7 | 0.5 | 0.7 | 0.7 | 0.0% |
Total | 9.3 | 10.9 | 18.2 | 41.1 | 64.1% |
Top Suppliers of Crude Glycerol to the United States in 2022:
- Canada (35.0K tons)
- Argentina (6.4K tons)
- India (0.8K tons)
- Brazil (0.7K tons)
This report provides an in-depth analysis of the crude glycerol market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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
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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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