United Kingdom - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Refined or Synthetic Glycerol in the UK - 2023
Contents:
- Price for Refined or Synthetic Glycerol in the UK (CIF) - 2023
- Price for Refined or Synthetic Glycerol in the UK (FOB) - 2022
- Imports of Refined or Synthetic Glycerol in the UK
- Exports of Refined or Synthetic Glycerol in the UK
Price for Refined or Synthetic Glycerol in the UK (CIF) - 2023
The average refined or synthetic glycerol import price stood at $1,282 per ton in August 2023, shrinking by -57.8% against the previous month. Over the period under review, the import price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 192% against the previous month. As a result, import price attained the peak level of $5,869 per ton. From January 2023 to August 2023, the average import prices remained at a 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 Malaysia ($2,045 per ton), while the price for Indonesia ($1,026 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 Malaysia (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Refined or Synthetic Glycerol in the UK (FOB) - 2022
In 2022, the average refined or synthetic glycerol export price amounted to $1,842 per ton, picking up by 24% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 116% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($2,968 per ton), while the average price for exports to Spain ($701 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 Germany (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined or Synthetic Glycerol in the UK
In 2022, the amount of refined or synthetic glycerol imported into the UK surged to 166K tons, picking up by 195% compared with 2021 figures. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, refined or synthetic glycerol imports soared to $149M in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Refined or Synthetic Glycerol in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.2 | 21.9 | 32.0 | 80.5 | 53.6% |
| Netherlands | 10.3 | 10.2 | 11.5 | 30.6 | 43.8% |
| Indonesia | 0.2 | 0.7 | 0.3 | 19.7 | 361.8% |
| Malaysia | 0.3 | 1.7 | 1.1 | 5.0 | 155.4% |
| Belgium | 3.4 | 2.6 | 2.4 | 4.0 | 5.6% |
| Others | 4.4 | 6.5 | 3.5 | 8.7 | 25.5% |
| Total | 40.9 | 43.6 | 50.9 | 149 | 53.9% |
Top Suppliers of Refined or Synthetic Glycerol to the UK in 2022:
- Germany (89.0K tons)
- Netherlands (41.0K tons)
- Indonesia (26.5K tons)
- Malaysia (3.5K tons)
- Belgium (1.8K tons)
Exports of Refined or Synthetic Glycerol in the UK
In 2022, the amount of refined or synthetic glycerol exported from the UK reduced to 3.9K tons, waning by -5.5% on 2021 figures. In general, exports saw a dramatic decrease.
In value terms, refined or synthetic glycerol exports soared to $7.2M in 2022. Overall, exports saw a significant decline.
| Export of Refined or Synthetic Glycerol in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 0.7 | 1.1 | 2.8 | 2.9 | 60.6% |
| Netherlands | 2.8 | 3.0 | 0.5 | 0.8 | -34.1% |
| France | 0.3 | 0.3 | 0.5 | 0.7 | 32.6% |
| Germany | 0.1 | 0.1 | 0.2 | 0.7 | 91.3% |
| Spain | 0.4 | 0.3 | 0.2 | 0.4 | 0.0% |
| Poland | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Belgium | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
| Italy | N/A | N/A | N/A | 0.2 | 0% |
| Hong Kong SAR | 12.7 | 8.2 | N/A | N/A | -35.4% |
| Others | 1.3 | 1.6 | 1.6 | 0.8 | -14.9% |
| Total | 18.8 | 15.0 | 6.1 | 7.2 | -27.4% |
Top Export Markets for Refined or Synthetic Glycerol from the UK in 2022:
- Ireland (1274.0 tons)
- Netherlands (931.5 tons)
- Spain (550.0 tons)
- France (379.6 tons)
- Germany (265.4 tons)
- Poland (96.2 tons)
- Italy (91.3 tons)
- Belgium (90.7 tons)
- Hong Kong SAR (0.5 tons)
This report provides an in-depth analysis of the market for refined or synthetic glycerol in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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