Glycerol Price in Italy - 2023
Contents:
- Glycerol Price in Italy (CIF) - 2022
- Glycerol Price in Italy (FOB) - 2022
- Glycerol Imports in Italy
- Glycerol Exports in Italy
Glycerol Price in Italy (CIF) - 2022
The average glycerol import price stood at $1,182 per ton in 2022, jumping by 54% against the previous year. In general, the import price posted a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Austria ($1,622 per ton), while the price for Spain ($612 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Price in Italy (FOB) - 2022
In 2022, the average glycerol export price amounted to $731 per ton, with an increase of 19% against the previous year. Over the period under review, the export price, however, saw a slight curtailment. The growth pace was the most rapid in 2018 an increase of 44% against the previous year. As a result, the export price reached the peak level of $884 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,093 per ton), while the average price for exports to Denmark ($256 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 Spain (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports in Italy
In 2022, supplies from abroad of glycerol was finally on the rise to reach 89K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt decrease.
In value terms, glycerol imports surged to $105M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.0 | 14.4 | 21.8 | 33.1 | 33.2% |
| Netherlands | 5.7 | 8.5 | 9.4 | 16.3 | 41.9% |
| Austria | 4.5 | 4.3 | 8.8 | 14.2 | 46.7% |
| France | 4.6 | 6.2 | 6.4 | 10.4 | 31.2% |
| Belgium | 6.0 | 2.6 | 3.9 | 8.0 | 10.1% |
| Brazil | 0.8 | 1.9 | 1.5 | 7.0 | 106.1% |
| Poland | 1.9 | 1.0 | 2.7 | 4.4 | 32.3% |
| Slovakia | 1.0 | 0.4 | 1.1 | 1.2 | 6.3% |
| Spain | 2.1 | 0.9 | 0.6 | 1.2 | -17.0% |
| Others | 5.8 | 5.8 | 4.2 | 9.5 | 17.9% |
| Total | 46.4 | 45.8 | 60.4 | 105 | 31.3% |
Top Suppliers of Glycerol to Italy in 2022:
- Germany (25.8K tons)
- France (14.2K tons)
- Netherlands (11.0K tons)
- Austria (8.8K tons)
- Belgium (8.7K tons)
- Brazil (4.5K tons)
- Poland (3.5K tons)
- Spain (2.0K tons)
- Slovakia (1.8K tons)
Glycerol Exports in Italy
In 2022, glycerol exports from Italy soared to 71K tons, with an increase of 22% compared with 2021 figures. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 115% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, glycerol exports skyrocketed to $52M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glycerol in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.4 | 4.8 | 11.7 | 14.6 | 49.2% |
| France | 3.7 | 4.8 | 4.6 | 9.4 | 36.5% |
| Switzerland | 2.1 | 3.9 | 5.1 | 7.3 | 51.5% |
| Slovenia | 1.0 | 1.6 | 1.7 | 3.1 | 45.8% |
| Denmark | 0.1 | 4.3 | 1.5 | 2.7 | 200.0% |
| China | 0.8 | 0.2 | 0.7 | 1.7 | 28.6% |
| Romania | 0.7 | 0.5 | 0.5 | 1.6 | 31.7% |
| Greece | 1.0 | 0.6 | 1.1 | 1.6 | 17.0% |
| Netherlands | 0.5 | 1.1 | 0.2 | 1.2 | 33.9% |
| Others | 3.4 | 3.6 | 8.7 | 8.6 | 36.3% |
| Total | 18.0 | 25.4 | 35.8 | 51.8 | 42.2% |
Top Export Markets for Glycerol from Italy in 2022:
- Switzerland (16.6K tons)
- Spain (13.4K tons)
- France (10.8K tons)
- Denmark (10.5K tons)
- Romania (3.6K tons)
- China (3.6K tons)
- Netherlands (2.9K tons)
- Slovenia (1.9K tons)
- Greece (1.4K tons)
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