Glycerol Price in Germany - 2023
Contents:
- Glycerol Price in Germany (FOB) - 2022
- Glycerol Price in Germany (CIF) - 2022
- Glycerol Exports in Germany
- Glycerol Imports in Germany
Glycerol Price in Germany (FOB) - 2022
In 2022, the average glycerol export price amounted to $1,056 per ton, increasing by 40% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +78.8% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,942 per ton), while the average price for exports to Denmark ($637 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 Czech Republic (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Price in Germany (CIF) - 2022
The average glycerol import price stood at $892 per ton in 2022, rising by 54% against the previous year. Overall, the import price enjoyed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,169 per ton), while the price for the Czech Republic ($472 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 (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Exports in Germany
After two years of decline, overseas shipments of glycerol increased by 19% to 537K tons in 2022. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, glycerol exports soared to $567M in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Glycerol in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 32.7 | 29.1 | 58.9 | 107 | 48.5% |
Denmark | 33.3 | 41.2 | 39.5 | 85.3 | 36.8% |
Czech Republic | 24.3 | 23.8 | 28.3 | 49.5 | 26.8% |
France | 13.6 | 16.3 | 26.3 | 46.2 | 50.3% |
United Kingdom | 24.9 | 25.7 | 24.1 | 40.9 | 18.0% |
Poland | 22.1 | 18.6 | 23.7 | 35.0 | 16.6% |
Belgium | 12.4 | 11.3 | 19.9 | 33.5 | 39.3% |
Italy | 14.2 | 13.4 | 21.4 | 31.3 | 30.1% |
Spain | 10.4 | 9.6 | 11.8 | 20.0 | 24.4% |
Mexico | 15.1 | 11.4 | 5.1 | 12.1 | -7.1% |
Hungary | 9.0 | 7.0 | 9.7 | 11.0 | 6.9% |
China | 5.4 | 5.2 | 4.6 | 6.8 | 8.0% |
Others | 58.4 | 54.3 | 66.7 | 88.4 | 14.8% |
Total | 276 | 267 | 340 | 567 | 27.1% |
Top Export Markets for Glycerol from Germany in 2022:
- Denmark (134.0K tons)
- Netherlands (114.9K tons)
- United Kingdom (45.9K tons)
- Belgium (38.5K tons)
- Czech Republic (33.5K tons)
- France (31.1K tons)
- Poland (25.0K tons)
- Italy (24.8K tons)
- Spain (10.3K tons)
- Mexico (9.0K tons)
- Hungary (7.8K tons)
- China (5.2K tons)
Glycerol Imports in Germany
After two years of decline, supplies from abroad of glycerol increased by 21% to 223K tons in 2022. Overall, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, glycerol imports soared to $199M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Glycerol in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 29.2 | 30.7 | 42.5 | 90.8 | 46.0% |
Belgium | 11.6 | 11.5 | 21.3 | 27.3 | 33.0% |
Poland | 6.8 | 11.4 | 12.9 | 24.1 | 52.5% |
France | 8.0 | 3.9 | 5.5 | 12.5 | 16.0% |
United Kingdom | 4.1 | 5.4 | 2.9 | 8.3 | 26.5% |
Czech Republic | 4.3 | 5.9 | 4.6 | 7.8 | 22.0% |
Austria | 2.3 | 4.6 | 4.7 | 7.7 | 49.6% |
Hungary | 1.5 | 1.1 | 3.1 | 5.5 | 54.2% |
Others | 7.3 | 7.5 | 9.2 | 15.1 | 27.4% |
Total | 75.1 | 82.2 | 107 | 199 | 38.4% |
Top Suppliers of Glycerol to Germany in 2022:
- Netherlands (79.2K tons)
- Poland (27.7K tons)
- Belgium (23.4K tons)
- France (21.2K tons)
- Czech Republic (16.5K tons)
- United Kingdom (14.8K tons)
- Hungary (10.6K tons)
- Austria (10.3K tons)
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In June 2023, the growth rate of Crude Glycerol imports reached its highest point, with an impressive increase of 84% compared to the previous month. However, the value of crude glycerol imports declined to $3.5M in September 2023.
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