Glycerol Price in Israel - 2023
Contents:
- Glycerol Price in Israel (CIF) - 2022
- Glycerol Price in Israel (FOB) - 2022
- Glycerol Imports in Israel
- Glycerol Exports in Israel
Glycerol Price in Israel (CIF) - 2022
The average glycerol import price stood at $910 per ton in 2022, approximately mirroring the previous year. Overall, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the peak figure at $1,068 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($966 per ton), while the price for Switzerland ($609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Glycerol Price in Israel (FOB) - 2022
In 2022, the average glycerol export price amounted to $1,730 per ton, jumping by 82% against the previous year. Overall, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 144%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Denmark ($1,750 per ton) and Japan ($1,750 per ton), while the average price for exports to Belgium ($1,318 per ton) and Italy ($1,750 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+68.3%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports in Israel
Glycerol imports into Israel skyrocketed to 13K tons in 2022, with an increase of 81% compared with the year before. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, glycerol imports surged to $11M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 877 | 996 | 1,402 | 4,380 | 70.9% |
| Singapore | 537 | 1,016 | 183 | 2,691 | 71.1% |
| Brazil | 122 | 101 | 629 | 786 | 86.1% |
| Italy | 285 | 314 | 375 | 652 | 31.8% |
| Switzerland | 26.1 | 169 | 24.0 | 603 | 184.8% |
| Turkey | 1.2 | 33.8 | 146 | 561 | 676.1% |
| Thailand | 383 | 513 | 331 | 488 | 8.4% |
| Indonesia | 792 | 414 | 1,612 | 211 | -35.7% |
| India | 107 | 290 | 138 | 170 | 16.7% |
| Malaysia | 408 | 2.6 | 511 | N/A | 11.9% |
| Others | 228 | 578 | 949 | 841 | 54.5% |
| Total | 3,766 | 4,427 | 6,300 | 11,383 | 44.6% |
Top Suppliers of Glycerol to Israel in 2022:
- Germany (4.7K tons)
- Singapore (2.9K tons)
- Switzerland (1.0K tons)
- Brazil (0.9K tons)
- Turkey (0.8K tons)
- Italy (0.7K tons)
- Thailand (0.6K tons)
- Indonesia (0.2K tons)
- India (0.2K tons)
Glycerol Exports in Israel
Glycerol exports from Israel surged to 150 tons in 2022, growing by 37% against the previous year. Overall, exports, however, recorded a sharp downturn.
In value terms, glycerol exports surged to $260K in 2022. Over the period under review, exports, however, showed a noticeable contraction.
| Export of Glycerol in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 20.0 | 28.0 | 48.0 | 54.9% |
| United States | 46.0 | 17.0 | 7.0 | 43.0 | -2.2% |
| Japan | 5.0 | 5.0 | 9.0 | 34.0 | 89.5% |
| Poland | 1.0 | 2.0 | 2.0 | 27.0 | 200.0% |
| Denmark | N/A | N/A | N/A | 17.0 | 0% |
| Finland | N/A | N/A | N/A | 16.0 | 0% |
| Russia | 1.0 | 26.0 | 1.0 | 15.0 | 146.6% |
| Latvia | N/A | N/A | N/A | 13.0 | 0% |
| Spain | 32.0 | 8.0 | N/A | 13.0 | -25.9% |
| Netherlands | 49.0 | 27.0 | 13.0 | 12.0 | -37.4% |
| Belgium | 2.0 | 2.0 | 3.0 | 9.0 | 65.1% |
| Palestine | 94.6 | 137 | 2.9 | N/A | -82.5% |
| Azerbaijan | 29.0 | N/A | 3.0 | N/A | -67.8% |
| Others | 23.0 | 37.0 | 35.1 | 13.0 | -17.3% |
| Total | 283 | 281 | 104 | 260 | -2.8% |
Top Export Markets for Glycerol from Israel in 2022:
- Italy (27.4 tons)
- United States (24.6 tons)
- Japan (19.4 tons)
- Poland (15.4 tons)
- Denmark (9.7 tons)
- Finland (9.1 tons)
- Russia (8.6 tons)
- Latvia (7.4 tons)
- Spain (7.4 tons)
- Netherlands (6.9 tons)
- Belgium (6.8 tons)
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