Production of Glycerol in Denmark - 2022

Glycerol Production in Denmark - 2022

Glycerol production in Denmark expanded sharply to 13K tons in 2022, picking up by 12% compared with 2021. In general, production saw a strong increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 60%. As a result, production attained the peak volume of 14K tons. From 2021 to 2022, production growth remained at a lower figure.

In value terms, glycerol production skyrocketed to $21M in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 207%. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the near future.

Source: IndexBox Market Intelligence Platform

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