Glycerol Price in Spain - 2023
Contents:
- Glycerol Price in Spain (FOB) - 2022
- Glycerol Price in Spain (CIF) - 2022
- Glycerol Exports in Spain
- Glycerol Imports in Spain
Glycerol Price in Spain (FOB) - 2022
In 2022, the average glycerol export price amounted to $342 per ton, surging by 6.7% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $375 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($882 per ton), while the average price for exports to Italy ($138 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 Belgium (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Price in Spain (CIF) - 2022
In 2022, the average glycerol import price amounted to $1,059 per ton, surging by 21% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glycerol import price increased by +54.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain 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 ($1,924 per ton), while the price for Portugal ($222 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Exports in Spain
Glycerol exports from Spain skyrocketed to 305K tons in 2022, rising by 47% against the previous year. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, glycerol exports soared to $105M in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 85%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Glycerol in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.9 | 16.5 | 19.0 | 35.7 | 40.4% |
| China | 12.7 | 6.0 | 18.1 | 29.7 | 32.7% |
| India | 4.3 | 2.8 | 10.1 | 8.8 | 27.0% |
| United Arab Emirates | 0.3 | 0.3 | 1.2 | 5.5 | 163.7% |
| Pakistan | 1.2 | 0.2 | 2.2 | 4.2 | 51.8% |
| France | 1.5 | 2.3 | 2.6 | 4.0 | 38.7% |
| Turkey | 1.0 | 1.3 | 2.2 | 2.9 | 42.6% |
| Belgium | 1.5 | 1.3 | 1.5 | 2.7 | 21.6% |
| Italy | 0.7 | 0.3 | 0.7 | 1.1 | 16.3% |
| Others | 5.0 | 4.9 | 9.1 | 10.0 | 26.0% |
| Total | 41.0 | 35.9 | 66.6 | 105 | 36.8% |
Top Export Markets for Glycerol from Spain in 2022:
- Netherlands (163.2K tons)
- China (64.9K tons)
- India (14.4K tons)
- France (10.8K tons)
- United Arab Emirates (10.6K tons)
- Turkey (8.4K tons)
- Italy (8.3K tons)
- Belgium (6.6K tons)
- Pakistan (4.7K tons)
Glycerol Imports in Spain
Glycerol imports into Spain skyrocketed to 88K tons in 2022, picking up by 46% compared with the previous year. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, glycerol imports soared to $94M in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.9 | 14.8 | 17.8 | 27.8 | 36.6% |
| Netherlands | 7.1 | 6.5 | 7.8 | 16.2 | 31.6% |
| Indonesia | 4.0 | 5.6 | 4.8 | 14.7 | 54.3% |
| Italy | 4.6 | 4.9 | 11.2 | 14.3 | 45.9% |
| Belgium | 3.7 | 2.8 | 4.0 | 6.8 | 22.5% |
| France | 2.1 | 1.5 | 2.6 | 4.6 | 29.9% |
| Portugal | 0.4 | 0.2 | 1.1 | 2.2 | 76.5% |
| Others | 1.9 | 2.4 | 3.4 | 7.0 | 54.4% |
| Total | 34.7 | 38.6 | 52.8 | 93.7 | 39.3% |
Top Suppliers of Glycerol to Spain in 2022:
- Indonesia (20.9K tons)
- Netherlands (18.3K tons)
- Germany (14.5K tons)
- Italy (10.2K tons)
- Portugal (10.0K tons)
- France (6.0K tons)
- Belgium (3.9K tons)
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