Glycerol Price in Belgium - 2023
Contents:
- Glycerol Price in Belgium (FOB) - 2022
- Glycerol Price in Belgium (CIF) - 2022
- Glycerol Exports in Belgium
- Glycerol Imports in Belgium
Glycerol Price in Belgium (FOB) - 2022
In 2022, the average glycerol export price amounted to $1,044 per ton, growing by 33% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glycerol export price increased by +81.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($13,556 per ton), while the average price for exports to Romania ($689 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 Thailand (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Price in Belgium (CIF) - 2022
The average glycerol import price stood at $1,128 per ton in 2022, increasing by 76% against the previous year. Over the period under review, the import price enjoyed resilient growth. As a result, import price attained 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 Netherlands ($1,573 per ton), while the price for France ($728 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+41.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Exports in Belgium
Glycerol exports from Belgium skyrocketed to 103K tons in 2022, rising by 19% on 2021 figures. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 27%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, glycerol exports skyrocketed to $107M in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glycerol in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.7 | 11.9 | 21.8 | 34.9 | 58.9% |
| Netherlands | 7.7 | 10.3 | 16.1 | 24.9 | 47.9% |
| France | 10.4 | 10.6 | 11.9 | 19.3 | 22.9% |
| Spain | 2.0 | 2.1 | 3.4 | 6.5 | 48.1% |
| United Kingdom | 2.2 | 1.5 | 3.4 | 4.6 | 27.9% |
| Romania | 0.9 | 0.9 | 1.0 | 3.1 | 51.0% |
| United States | 1.5 | 1.1 | 0.9 | 2.1 | 11.9% |
| Others | 6.8 | 6.2 | 9.2 | 11.9 | 20.5% |
| Total | 40.2 | 44.5 | 67.7 | 107 | 38.6% |
Top Export Markets for Glycerol from Belgium in 2022:
- Germany (32.7K tons)
- Netherlands (23.0K tons)
- France (20.1K tons)
- Spain (7.9K tons)
- United Kingdom (5.1K tons)
- Romania (4.5K tons)
- United States (2.0K tons)
Glycerol Imports in Belgium
In 2022, purchases abroad of glycerol decreased by -13.3% to 87K tons, falling for the second consecutive year after two years of growth. In general, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2020 with an increase of 24%. As a result, imports reached the peak of 124K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, glycerol imports soared to $98M in 2022. Over the period under review, imports, however, posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.9 | 18.4 | 30.2 | 43.9 | 32.4% |
| Netherlands | 8.2 | 15.4 | 14.0 | 27.3 | 49.3% |
| Czech Republic | 1.6 | 2.3 | 3.5 | 10.5 | 87.2% |
| France | 8.3 | 4.3 | 8.5 | 6.1 | -9.8% |
| Spain | 1.8 | 1.2 | 1.7 | 3.6 | 26.0% |
| Denmark | 0.1 | N/A | N/A | 2.2 | 180.2% |
| Brazil | N/A | 0.1 | 0.1 | 1.4 | 274.2% |
| Others | 0.8 | 6.4 | 6.4 | 3.0 | 55.4% |
| Total | 39.7 | 48.1 | 64.4 | 98.1 | 35.2% |
Top Suppliers of Glycerol to Belgium in 2022:
- Germany (42.5K tons)
- Netherlands (17.4K tons)
- Czech Republic (9.2K tons)
- France (8.3K tons)
- Spain (4.6K tons)
- Brazil (1.8K tons)
- Denmark (1.7K tons)
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