Serbia - Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlycerol Price in Serbia - 2023
Contents:
- Glycerol Price in Serbia (CIF) - 2022
- Glycerol Price in Serbia (FOB) - 2022
- Glycerol Imports in Serbia
- Glycerol Exports in Serbia
Glycerol Price in Serbia (CIF) - 2022
In 2022, the average glycerol import price amounted to $1,399 per ton, increasing by 62% against the previous year. Overall, the import price saw a noticeable expansion. The growth pace was the most rapid in 2021 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain 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 ($4,755 per ton), while the price for Slovakia ($510 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Price in Serbia (FOB) - 2022
In 2022, the average glycerol export price amounted to $1,719 per ton, rising by 28% against the previous year. Overall, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 122%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($3,096 per ton), while the average price for exports to Bulgaria ($342 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 Slovenia (+32.3%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports in Serbia
For the fourth consecutive year, Serbia recorded growth in purchases abroad of glycerol, which increased by 31% to 8.2K tons in 2022. Over the period under review, imports continue to indicate 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. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Glycerol in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 1.9 | 1.1 | 907 | 4,765 | 1258.6% |
Germany | 239 | 992 | 2,552 | 3,791 | 151.3% |
Czech Republic | 366 | 351 | 499 | 998 | 39.7% |
Romania | 232 | 285 | 405 | 667 | 42.2% |
Poland | 289 | 161 | 229 | 401 | 11.5% |
Austria | 431 | 497 | 117 | 220 | -20.1% |
Slovakia | 89.0 | 119 | 174 | 113 | 8.3% |
Others | 719 | 194 | 477 | 447 | -14.7% |
Total | 2,368 | 2,599 | 5,359 | 11,401 | 68.9% |
Top Suppliers of Glycerol to Serbia in 2022:
- Germany (4.2K tons)
- Romania (1.1K tons)
- Netherlands (1.0K tons)
- Czech Republic (0.7K tons)
- Poland (0.3K tons)
- Austria (0.2K tons)
- Slovakia (0.2K tons)
Glycerol Exports in Serbia
In 2022, overseas shipments of glycerol decreased by -66.8% to 83 tons, falling for the second year in a row after two years of growth. Overall, exports saw a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 94%. As a result, the exports reached the peak of 446 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, glycerol exports dropped rapidly to $143K in 2022. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 62%.
Export of Glycerol in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 8.5 | 12.1 | 13.9 | 43.0 | 71.7% |
North Macedonia | 66.8 | 98.8 | 153 | 40.8 | -15.2% |
Turkey | 12.6 | 14.5 | 113 | 21.5 | 19.5% |
Netherlands | N/A | N/A | N/A | 17.6 | 0% |
Montenegro | 10.3 | 11.8 | 11.5 | 9.1 | -4.0% |
Bulgaria | N/A | N/A | N/A | 4.4 | 0% |
Albania | 63.5 | 75.9 | 21.6 | 1.3 | -72.6% |
Italy | N/A | 49.3 | N/A | N/A | 0% |
Others | 6.7 | 10.9 | 21.9 | 5.0 | -9.3% |
Total | 168 | 273 | 334 | 143 | -5.2% |
Top Export Markets for Glycerol from Serbia in 2022:
- Bosnia and Herzegovina (23.5 tons)
- North Macedonia (22.4 tons)
- Bulgaria (13.0 tons)
- Turkey (11.5 tons)
- Netherlands (5.7 tons)
- Montenegro (3.5 tons)
- Albania (1.3 tons)
This report provides an in-depth analysis of the glycerol market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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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