Glycerol Price in France - 2023
Contents:
- Glycerol Price in France (CIF) - 2022
- Glycerol Price in France (FOB) - 2022
- Glycerol Imports in France
- Glycerol Exports in France
Glycerol Price in France (CIF) - 2022
In 2022, the average glycerol import price amounted to $1,346 per ton, jumping by 43% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glycerol import price increased by +77.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany ($1,787 per ton), while the price for Poland ($275 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Price in France (FOB) - 2022
The average glycerol export price stood at $578 per ton in 2022, growing by 20% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glycerol export price increased by +86.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 55%. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,411 per ton), while the average price for exports to Denmark ($288 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 UK (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports in France
For the fourth consecutive year, France recorded growth in purchases abroad of glycerol, which increased by 20% to 101K tons in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +56.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, glycerol imports soared to $136M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Glycerol in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 16.3 | 19.4 | 37.2 | 66.8 | 60.0% |
Netherlands | 9.1 | 12.6 | 14.3 | 21.1 | 32.4% |
Belgium | 18.6 | 16.1 | 14.3 | 20.4 | 3.1% |
Italy | 4.4 | 4.8 | 4.5 | 8.6 | 25.0% |
Poland | N/A | 0.5 | 0.6 | 5.1 | 219.4% |
Spain | 1.2 | 2.0 | 3.2 | 4.2 | 51.8% |
Others | 4.4 | 5.6 | 5.8 | 9.8 | 30.6% |
Total | 54.0 | 61.0 | 79.8 | 136 | 36.1% |
Top Suppliers of Glycerol to France in 2022:
- Germany (37.4K tons)
- Poland (18.4K tons)
- Netherlands (12.8K tons)
- Belgium (12.8K tons)
- Spain (10.4K tons)
- Italy (5.0K tons)
Glycerol Exports in France
After two years of decline, shipments abroad of glycerol increased by 48% to 170K tons in 2022. The total export volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, glycerol exports skyrocketed to $98M in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Glycerol in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 9.1 | 5.3 | 9.7 | 19.0 | 27.8% |
China | 3.0 | 4.7 | 10.1 | 17.9 | 81.4% |
Italy | 7.2 | 7.3 | 8.4 | 14.7 | 26.9% |
Netherlands | 2.9 | 5.5 | 4.8 | 12.1 | 61.0% |
Turkey | 1.3 | 1.7 | 1.7 | 8.6 | 87.7% |
Belgium | 7.3 | 4.2 | 8.4 | 7.6 | 1.4% |
Spain | 3.9 | 3.5 | 3.2 | 5.7 | 13.5% |
Denmark | 1.0 | 1.5 | 1.4 | 3.2 | 47.4% |
United Kingdom | 3.8 | 4.6 | 0.8 | 1.6 | -25.0% |
Ukraine | 3.0 | 1.8 | 0.2 | N/A | -74.2% |
Others | 9.2 | 6.3 | 6.4 | 8.0 | -4.6% |
Total | 51.7 | 46.2 | 55.1 | 98.4 | 23.9% |
Top Export Markets for Glycerol from France in 2022:
- Netherlands (40.4K tons)
- Germany (32.2K tons)
- China (26.2K tons)
- Italy (20.2K tons)
- Turkey (14.5K tons)
- Denmark (11.2K tons)
- Belgium (10.4K tons)
- Spain (6.2K tons)
- United Kingdom (1.1K tons)
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In April 2023, the price of Crude Glycerol reached $324 per ton (FOB, France), reflecting a 4.2% increase compared to the previous month.
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