Portugal - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Portugal - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends And Insights

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Price for Refined or Synthetic Glycerol in Portugal - 2023

Contents:

  1. Price for Refined or Synthetic Glycerol in Portugal (CIF) - 2023
  2. Price for Refined or Synthetic Glycerol in Portugal (FOB) - 2022
  3. Imports of Refined or Synthetic Glycerol in Portugal
  4. Exports of Refined or Synthetic Glycerol in Portugal

Price for Refined or Synthetic Glycerol in Portugal (CIF) - 2023

The average refined or synthetic glycerol import price stood at $1,614 per ton in August 2023, jumping by 48% against the previous month. Over the period under review, the import price, however, recorded a perceptible reduction. Over the period under review, average import prices hit record highs at $2,264 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($1,703 per ton), while the price for Brazil ($657 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (-2.7%), while the prices for the other major suppliers experienced a decline.

Price for Refined or Synthetic Glycerol in Portugal (FOB) - 2022

The average refined or synthetic glycerol export price stood at $1,189 per ton in 2022, surging by 137% against the previous year. In general, the export price posted resilient growth. 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 Angola ($4,397 per ton), while the average price for exports to Spain ($545 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 Egypt (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refined or Synthetic Glycerol in Portugal

In 2022, refined or synthetic glycerol imports into Portugal soared to 6.1K tons, picking up by 22% against the year before. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, refined or synthetic glycerol imports soared to $8.7M in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 52%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Refined or Synthetic Glycerol in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,1411,0981,6262,49629.8%
Germany8885101,5601,98530.8%
Brazil1795023561,519104.0%
Italy4685207881,36843.0%
TurkeyN/AN/A23746897.5%
Netherlands588441565282-21.7%
Belgium628513558168-35.6%
MalaysiaN/AN/AN/A1630%
Others30.919346.921490.6%
Total3,9223,7775,7378,66330.2%

Top Suppliers of Refined or Synthetic Glycerol to Portugal in 2022:

  1. Spain (2489.6 tons)
  2. Brazil (1053.6 tons)
  3. Germany (926.2 tons)
  4. Italy (687.7 tons)
  5. Turkey (463.8 tons)
  6. Netherlands (142.9 tons)
  7. Malaysia (106.3 tons)
  8. Belgium (62.1 tons)

Exports of Refined or Synthetic Glycerol in Portugal

In 2022, approx. 488 tons of refined or synthetic glycerol were exported from Portugal; shrinking by -58% on the previous year. Over the period under review, exports continue to indicate a sharp setback. The smallest decline of -10.3% was in 2021.

In value terms, refined or synthetic glycerol exports dropped modestly to $581K in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, the exports attained the peak of $584K, leveling off in the following year.

Export of Refined or Synthetic Glycerol in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola42.512613233899.6%
Spain63.180.027513428.5%
TurkeyN/AN/AN/A65.20%
Germany30.9N/A0.242.010.8%
China43.035.9N/AN/A-16.5%
India38.176.07.4N/A-55.9%
Egypt23525.2117N/A-29.4%
South Africa36.855.842.2N/A7.1%
Others41.714.310.22.0-63.7%
Total5314135845813.0%

Top Export Markets for Refined or Synthetic Glycerol from Portugal in 2022:

  1. Spain (246.0 tons)
  2. Turkey (103.2 tons)
  3. Angola (76.8 tons)
  4. Germany (62.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for refined or synthetic glycerol in Portugal. 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:

  • Portugal

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Portugal
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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