Glycerol Price in Australia - 2023
Contents:
- Glycerol Price in Australia (CIF) - 2022
- Glycerol Price in Australia (FOB) - 2022
- Glycerol Imports in Australia
- Glycerol Exports in Australia
Glycerol Price in Australia (CIF) - 2022
In 2022, the average glycerol import price amounted to $2,000 per ton, picking up by 79% against the previous year. Overall, the import price posted a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($2,054 per ton) and Indonesia ($1,849 per ton), while the price for the Philippines ($1,400 per ton) and Thailand ($1,749 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Price in Australia (FOB) - 2022
In 2022, the average glycerol export price amounted to $511 per ton, declining by -32.3% against the previous year. Overall, the export price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2016 an increase of 293% against the previous year. As a result, the export price attained the peak level of $1,801 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($3,259 per ton), while the average price for exports to South Korea ($297 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports in Australia
In 2022, imports of glycerol into Australia expanded sharply to 16K tons, growing by 12% against the previous year. The total import volume increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 35%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, glycerol imports surged to $32M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 6.4 | 8.5 | 12.0 | 24.4 | 56.2% |
| Indonesia | 2.2 | 2.7 | 3.1 | 5.3 | 34.1% |
| Philippines | N/A | N/A | N/A | 0.5 | 0% |
| Thailand | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Others | 0.4 | 0.9 | 0.7 | 1.3 | 48.1% |
| Total | 9.1 | 12.2 | 16.0 | 32.0 | 52.1% |
Top Suppliers of Glycerol to Australia in 2022:
- Malaysia (11.9K tons)
- Indonesia (2.9K tons)
- Philippines (0.3K tons)
- Thailand (0.3K tons)
Glycerol Exports in Australia
In 2022, glycerol exports from Australia soared to 1.1K tons, picking up by 40% against the previous year. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 261% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, glycerol exports contracted to $564K in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 177% against the previous year. As a result, the exports reached the peak of $594K, and then reduced in the following year.
| Export of Glycerol in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 0.7 | 2.0 | 45.5 | 185 | 541.7% |
| India | N/A | N/A | 11.4 | 123 | 978.9% |
| Indonesia | N/A | N/A | N/A | 65.2 | 0% |
| Saudi Arabia | N/A | N/A | 29.9 | 58.3 | 95.0% |
| New Zealand | 22.9 | 16.0 | 12.6 | 32.1 | 11.9% |
| Singapore | N/A | N/A | N/A | 28.3 | 0% |
| South Korea | 3.8 | N/A | N/A | 7.4 | 24.9% |
| Taiwan (Chinese) | 90.5 | 4.0 | 1.9 | 4.8 | -62.4% |
| Hong Kong SAR | 57.1 | 70.7 | 12.8 | N/A | -52.7% |
| China | N/A | N/A | 379 | N/A | 0% |
| Pakistan | N/A | 12.6 | N/A | N/A | 0% |
| Others | 80.6 | 109 | 101 | 59.8 | -9.5% |
| Total | 256 | 214 | 594 | 564 | 30.1% |
Top Export Markets for Glycerol from Australia in 2022:
- Malaysia (519.1 tons)
- India (380.0 tons)
- Singapore (85.5 tons)
- New Zealand (41.8 tons)
- South Korea (25.0 tons)
- Indonesia (20.0 tons)
- Saudi Arabia (19.0 tons)
- Taiwan (Chinese) (2.5 tons)
615
This report provides an in-depth analysis of the crude glycerol market in Australia.
258
This report provides an in-depth analysis of the sanitary alluminium ware market in Australia.
649
This report provides an in-depth analysis of the table flatware market in Australia.
280
This report provides an in-depth analysis of the tie market in Australia.
232
This report provides an in-depth analysis of the stainless steel tableware market in Australia.
382
This report provides an in-depth analysis of the scientific non-electronic surveyer market in Australia.
399
This report provides an in-depth analysis of the air conditioning machine market in Australia.
378
This report provides an in-depth analysis of the potassium hydroxide market in Australia.
261
This report provides an in-depth analysis of the metal skid chain market in Australia.
437
This report provides an in-depth analysis of the wood flat pallet market in Australia.
273
In May 2023, the price of Table Flatware remained steady at $11,607 per ton (CIF, Australia), similar to the previous month.
68
Explore the top import markets for glycerol based on data from IndexBox, including countries like China, Denmark, Netherlands, and more.
552
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
918
In 2016, the global tableware imports amounted to X tons, approximately equating the previous year figure. Overall, tableware imports continue to indicate a relatively flat trend pattern. The pac...
646
In 2016, the global tableware imports amounted to X tons, approximately equating the previous year figure. Overall, tableware imports continue to indicate a relatively flat trend pattern. The pac...
1376
In value terms, ties, bow ties and cravats imports totaled $X in 2016. In general, ties, bow ties and cravats imports continue to indicate a drastic decline. Global ties, bow ties and cravats impor...
2839
In value terms, ties, bow ties and cravats exports amounted to $X in 2016. Overall, ties, bow ties and cravats exports continue to indicate a drastic decline. Global ties, bow ties and cravats expo...
2662
Global air conditioning imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
1071
Global air conditioning imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
1389
On a scorching summer day, there is hardly anything that can beat the refreshing coolness of an air-conditioned space. It is no wonder that in recent years, rising disposable incomes have been pushing the global air conditioner market forward. Moreover
