Glycerol Price in China - 2023
Contents:
- Glycerol Price in China (CIF) - 2022
- Glycerol Price in China (FOB) - 2022
- Glycerol Imports in China
- Glycerol Exports in China
Glycerol Price in China (CIF) - 2022
In 2022, the average glycerol import price amounted to $903 per ton, with an increase of 44% against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 85%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($1,139 per ton), while the price for Spain ($651 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Price in China (FOB) - 2022
In 2022, the average glycerol export price amounted to $2,338 per ton, increasing by 52% against the previous year. Overall, the export price posted buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11,844 per ton), while the average price for exports to Cameroon ($1,365 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 the United States (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports in China
In 2022, the amount of glycerol imported into China reached 1.7M tons, stabilizing at the year before. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, glycerol imports surged to $1.6B in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 117%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Glycerol in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 220 | 249 | 612 | 852 | 57.0% |
| Brazil | 81.0 | 92.7 | 167 | 294 | 53.7% |
| Malaysia | 79.9 | 73.3 | 132 | 177 | 30.4% |
| Spain | 16.1 | 9.3 | 24.3 | 44.6 | 40.4% |
| Argentina | 32.0 | 16.8 | 24.8 | 41.8 | 9.3% |
| Thailand | 14.3 | 23.4 | 34.8 | 29.2 | 26.9% |
| Colombia | 7.1 | 4.6 | 14.2 | 28.3 | 58.6% |
| France | 6.3 | 3.4 | 9.0 | 20.4 | 47.9% |
| South Korea | 6.1 | 6.2 | 19.9 | 19.1 | 46.3% |
| Others | 35.6 | 21.2 | 47.4 | 58.5 | 18.0% |
| Total | 498 | 500 | 1,086 | 1,565 | 46.5% |
Top Suppliers of Glycerol to China in 2022:
- Indonesia (927.7K tons)
- Brazil (347.3K tons)
- Malaysia (155.8K tons)
- Spain (68.5K tons)
- Argentina (42.1K tons)
- Colombia (34.1K tons)
- South Korea (29.2K tons)
- France (28.2K tons)
- Thailand (28.0K tons)
Glycerol Exports in China
In 2022, the amount of glycerol exported from China surged to 5.7K tons, increasing by 21% compared with 2021 figures. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 127%. As a result, the exports reached the peak of 6.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, glycerol exports soared to $13M in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 98% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Glycerol in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 223 | 1,076 | 2,482 | 2,896 | 135.1% |
| United States | 1,466 | 954 | 1,516 | 2,526 | 19.9% |
| Russia | 3.2 | 27.4 | 29.5 | 1,386 | 656.6% |
| Canada | 2.2 | 227 | 5.1 | 1,158 | 707.4% |
| Taiwan (Chinese) | 70.0 | 262 | 967 | 737 | 119.2% |
| Democratic People's Republic of Korea | 674 | 80.7 | 30.6 | 728 | 2.6% |
| Australia | 11.6 | 337 | 41.6 | 326 | 204.0% |
| Cameroon | 1.2 | 2.0 | 8.6 | 294 | 525.7% |
| Vietnam | 46.0 | 54.6 | 69.8 | 233 | 71.7% |
| Thailand | 10.4 | 575 | 239 | 208 | 171.4% |
| Uzbekistan | 233 | 172 | 135 | 170 | -10.0% |
| Others | 1,154 | 3,956 | 1,727 | 2,662 | 32.1% |
| Total | 3,896 | 7,725 | 7,250 | 13,324 | 50.7% |
Top Export Markets for Glycerol from China in 2022:
- Japan (1444.7 tons)
- Democratic People's Republic of Korea (518.3 tons)
- Russia (514.0 tons)
- Canada (440.0 tons)
- Taiwan (Chinese) (342.1 tons)
- Cameroon (215.1 tons)
- United States (213.3 tons)
- Australia (146.6 tons)
- Vietnam (133.6 tons)
- Thailand (108.4 tons)
- Uzbekistan (86.9 tons)
613
This report provides an in-depth analysis of the crude glycerol market in China.
303
This report provides an in-depth analysis of the sanitary alluminium ware market in China.
457
This report provides an in-depth analysis of the table flatware market in China.
347
This report provides an in-depth analysis of the tie market in China.
237
This report provides an in-depth analysis of the stainless steel tableware market in China.
241
This report provides an in-depth analysis of the scientific non-electronic surveyer market in China.
626
This report provides an in-depth analysis of the air conditioning machine market in China.
563
This report provides an in-depth analysis of the potassium hydroxide market in China.
378
This report provides an in-depth analysis of the metal skid chain market in China.
597
This report provides an in-depth analysis of the wood flat pallet market in China.
405
In February 2023, the price of crude glycerol dropped by 13.5%, reaching $308 per ton on a CIF (Cost, Insurance & Freight) basis in China.
317
In value terms, table flatware exports dropped modestly to $233M in April 2023.
281
In value terms, air conditioning machine exports dropped slightly to $1.7B in April 2023.
244
The exports of Potassium Hydroxide exhibited a stagnant growth from April 2023 to November 2023, with a slight increase in value to $6M in November 2023.
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...
