Glycerol Price in Germany - 2023

Contents:

  1. Glycerol Price in Germany (FOB) - 2022
  2. Glycerol Price in Germany (CIF) - 2022
  3. Glycerol Exports in Germany
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands32.729.158.910748.5%
Denmark33.341.239.585.336.8%
Czech Republic24.323.828.349.526.8%
France13.616.326.346.250.3%
United Kingdom24.925.724.140.918.0%
Poland22.118.623.735.016.6%
Belgium12.411.319.933.539.3%
Italy14.213.421.431.330.1%
Spain10.49.611.820.024.4%
Mexico15.111.45.112.1-7.1%
Hungary9.07.09.711.06.9%
China5.45.24.66.88.0%
Others58.454.366.788.414.8%
Total27626734056727.1%

Top Export Markets for Glycerol from Germany in 2022:

  1. Denmark (134.0K tons)
  2. Netherlands (114.9K tons)
  3. United Kingdom (45.9K tons)
  4. Belgium (38.5K tons)
  5. Czech Republic (33.5K tons)
  6. France (31.1K tons)
  7. Poland (25.0K tons)
  8. Italy (24.8K tons)
  9. Spain (10.3K tons)
  10. Mexico (9.0K tons)
  11. Hungary (7.8K tons)
  12. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands29.230.742.590.846.0%
Belgium11.611.521.327.333.0%
Poland6.811.412.924.152.5%
France8.03.95.512.516.0%
United Kingdom4.15.42.98.326.5%
Czech Republic4.35.94.67.822.0%
Austria2.34.64.77.749.6%
Hungary1.51.13.15.554.2%
Others7.37.59.215.127.4%
Total75.182.210719938.4%

Top Suppliers of Glycerol to Germany in 2022:

  1. Netherlands (79.2K tons)
  2. Poland (27.7K tons)
  3. Belgium (23.4K tons)
  4. France (21.2K tons)
  5. Czech Republic (16.5K tons)
  6. United Kingdom (14.8K tons)
  7. Hungary (10.6K tons)
  8. Austria (10.3K tons)

Source: IndexBox Market Intelligence Platform

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