Eastern Europe: Crude Glycerol Market 2024

Crude Glycerol Market Size in Eastern Europe

In 2022, the East European crude glycerol market decreased by X% to $X, falling for the third year in a row after four years of growth. The total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Crude Glycerol Production in Eastern Europe

In value terms, crude glycerol production skyrocketed to $X in 2022 estimated in export price. In general, production showed a buoyant expansion. The growth pace was the most rapid in 2017 when the production volume increased by X%. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

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Crude Glycerol Exports

Exports in Eastern Europe

Crude glycerol exports soared to X tons in 2022, rising by X% against the year before. Over the period under review, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, crude glycerol exports surged to $X in 2022. In general, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Poland (X tons), distantly followed by Lithuania (X tons), Latvia (X tons), the Czech Republic (X tons), Hungary (X tons), Romania (X tons), Bulgaria (X tons) and Slovakia (X tons) were the main exporters of crude glycerol, glycerine waters and lyes, together making up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest crude glycerol supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

In Poland, crude glycerol exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Crude Glycerol Imports

Imports in Eastern Europe

In 2022, supplies from abroad of crude glycerol, glycerine waters and lyes increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports recorded a strong expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, crude glycerol imports skyrocketed to $X in 2022. Over the period under review, imports showed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Russia (X tons) and the Czech Republic (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Latvia (X tons) and Poland (X tons), together mixing up a X% share of total imports. The following importers - Ukraine (X tons) and Bulgaria (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Russia ($X) and Poland ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Latvia, Ukraine and Bulgaria lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price enjoyed tangible growth. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform