Belgium - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Refined or Synthetic Glycerol in Belgium - 2023
Contents:
- Price for Refined or Synthetic Glycerol in Belgium (FOB) - 2023
- Price for Refined or Synthetic Glycerol in Belgium (CIF) - 2022
- Exports of Refined or Synthetic Glycerol in Belgium
- Imports of Refined or Synthetic Glycerol in Belgium
Price for Refined or Synthetic Glycerol in Belgium (FOB) - 2023
In June 2023, the average refined or synthetic glycerol export price amounted to $1,138 per ton, dropping by -3.8% against the previous month. Overall, the export price recorded a abrupt decline. The pace of growth was the most pronounced in December 2022 when the average export price increased by 9.2% month-to-month. The export price peaked at $2,264 per ton in July 2022; however, from August 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($1,434 per ton), while the average price for exports to Hungary ($532 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (-3.1%), while the prices for the other major destinations experienced a decline.
Price for Refined or Synthetic Glycerol in Belgium (CIF) - 2022
The average refined or synthetic glycerol import price stood at $1,481 per ton in 2022, increasing by 81% against the previous year. In general, the import price posted a strong expansion. 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 the UK ($2,376 per ton), while the price for France ($272 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Refined or Synthetic Glycerol in Belgium
In 2022, approx. 34K tons of refined or synthetic glycerol were exported from Belgium; waning by -22.6% compared with 2021. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, the exports reached the peak of 44K tons, and then shrank rapidly in the following year.
In value terms, refined or synthetic glycerol exports skyrocketed to $65M in 2022. In general, exports, however, showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Refined or Synthetic Glycerol in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.3 | 8.7 | 10.1 | 16.8 | 17.7% |
| Netherlands | 5.8 | 6.9 | 12.5 | 13.4 | 32.2% |
| Spain | 2.0 | 2.2 | 3.7 | 5.5 | 40.1% |
| Germany | 3.7 | 4.3 | 6.2 | 4.4 | 5.9% |
| United Kingdom | 2.1 | 1.4 | 2.4 | 3.5 | 18.6% |
| Romania | 0.9 | 1.0 | 1.2 | 3.2 | 52.6% |
| United States | 1.5 | 0.7 | 1.0 | 2.1 | 11.9% |
| Italy | 0.9 | 0.9 | 2.1 | 2.0 | 30.5% |
| Poland | 1.5 | 0.4 | 0.9 | 0.8 | -18.9% |
| Others | 4.2 | 3.5 | 4.0 | 13.6 | 47.9% |
| Total | 32.9 | 30.1 | 44.1 | 65.2 | 25.6% |
Top Export Markets for Refined or Synthetic Glycerol from Belgium in 2022:
- France (17.5K tons)
- Netherlands (7.2K tons)
- Romania (4.4K tons)
- United Kingdom (3.5K tons)
- Spain (3.5K tons)
- Germany (2.3K tons)
- United States (2.1K tons)
- Italy (1.4K tons)
- Poland (0.9K tons)
Imports of Refined or Synthetic Glycerol in Belgium
In 2022, after three years of growth, there was significant decline in purchases abroad of refined or synthetic glycerol, when their volume decreased by -7.8% to 43K tons. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 9.3% against the previous year. As a result, imports attained the peak of 47K tons, and then shrank in the following year.
In value terms, refined or synthetic glycerol imports skyrocketed to $64M in 2022. Over the period under review, imports, however, showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Refined or Synthetic Glycerol in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.1 | 16.7 | 23.8 | 27.6 | 17.3% |
| Netherlands | 6.9 | 8.4 | 9.9 | 18.3 | 38.4% |
| Spain | 1.8 | 1.3 | 1.4 | 2.4 | 10.1% |
| Brazil | N/A | 0.1 | 0.1 | 1.5 | 287.3% |
| France | 0.4 | 0.6 | 1.4 | 0.5 | 7.7% |
| Others | 1.0 | 1.5 | 1.6 | 13.7 | 139.3% |
| Total | 27.2 | 28.6 | 38.2 | 63.9 | 32.9% |
Top Suppliers of Refined or Synthetic Glycerol to Belgium in 2022:
- Germany (20.2K tons)
- Netherlands (11.0K tons)
- Spain (3.3K tons)
- France (2.0K tons)
- Brazil (1.8K tons)
This report provides an in-depth analysis of the market for refined or synthetic glycerol in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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