Lithuania - Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlycerol Price in Lithuania - 2023
Contents:
- Glycerol Price in Lithuania (FOB) - 2022
- Glycerol Price in Lithuania (CIF) - 2022
- Glycerol Exports in Lithuania
- Glycerol Imports in Lithuania
Glycerol Price in Lithuania (FOB) - 2022
In 2022, the average glycerol export price amounted to $580 per ton, flattening at the previous year. Overall, the export price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 50%. As a result, the export price attained the peak level of $589 per ton, and then contracted in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($10,917 per ton), while the average price for exports to the Czech Republic ($397 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 Ukraine (+44.4%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Price in Lithuania (CIF) - 2022
In 2022, the average glycerol import price amounted to $1,615 per ton, with an increase of 13% against the previous year. Overall, the import price posted strong growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 95% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,516 per ton), while the price for Finland ($311 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Exports in Lithuania
Glycerol exports from Lithuania soared to 37K tons in 2022, increasing by 70% on 2021. In general, exports recorded resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, glycerol exports surged to $22M in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 107%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Glycerol in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 0.9 | 0.6 | 0.5 | 8.2 | 108.9% |
| Russia | 2.8 | 3.5 | 9.1 | 7.3 | 37.6% |
| Poland | 0.1 | 0.5 | 1.1 | 2.1 | 175.9% |
| Estonia | 0.3 | 0.3 | 0.5 | 1.5 | 71.0% |
| Belarus | 1.5 | 0.8 | 1.1 | 0.7 | -22.4% |
| Others | 0.5 | 0.5 | 0.5 | 1.7 | 50.4% |
| Total | 6.2 | 6.2 | 12.9 | 21.6 | 51.6% |
Top Export Markets for Glycerol from Lithuania in 2022:
- Latvia (16.7K tons)
- Russia (13.8K tons)
- Poland (2.9K tons)
- Estonia (2.0K tons)
- Belarus (0.8K tons)
Glycerol Imports in Lithuania
After two years of decline, purchases abroad of glycerol increased by 21% to 4.3K tons in 2022. In general, imports, however, saw a deep setback.
In value terms, glycerol imports soared to $7M in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Glycerol in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 965 | 399 | 1,415 | 2,179 | 31.2% |
| Latvia | 1,565 | 1,510 | 1,361 | 1,535 | -0.6% |
| Germany | 34.5 | 72.6 | 726 | 934 | 200.3% |
| Finland | N/A | N/A | N/A | 208 | 0% |
| Estonia | 2.7 | N/A | 6.6 | 198 | 318.6% |
| Netherlands | 3.8 | 223 | 179 | 172 | 256.4% |
| Belgium | 329 | 167 | 95.1 | 2.7 | -79.8% |
| Others | 469 | 758 | 1,388 | 1,787 | 56.2% |
| Total | 3,368 | 3,129 | 5,172 | 7,015 | 27.7% |
Top Suppliers of Glycerol to Lithuania in 2022:
- Poland (1533.7 tons)
- Latvia (1372.4 tons)
- Finland (670.7 tons)
- Germany (371.1 tons)
- Estonia (192.6 tons)
- Netherlands (75.6 tons)
- Belgium (1.7 tons)
This report provides an in-depth analysis of the glycerol market in Lithuania. 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)
- Prodcom 20411000 - Glycerol (glycerine), crude, glycerol waters and glycerol lyes
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- 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.
-
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
-
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
-
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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