Glycerol Price in Romania - 2023
Contents:
- Glycerol Price in Romania (FOB) - 2022
- Glycerol Price in Romania (CIF) - 2022
- Glycerol Exports in Romania
- Glycerol Imports in Romania
Glycerol Price in Romania (FOB) - 2022
In 2022, the average glycerol export price amounted to $544 per ton, with an increase of 54% against the previous year. In general, the export price posted a strong expansion. The growth pace was the most rapid in 2021 an increase of 69%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($701 per ton), while the average price for exports to India ($334 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 Serbia (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Price in Romania (CIF) - 2022
In 2022, the average glycerol import price amounted to $1,073 per ton, rising by 12% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,938 per ton), while the price for Poland ($787 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+39.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Exports in Romania
Glycerol exports from Romania shrank notably to 23K tons in 2022, with a decrease of -26.2% on the year before. In general, exports saw a noticeable reduction. The pace of growth was the most pronounced in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of 31K tons, and then dropped notably in the following year.
In value terms, glycerol exports rose markedly to $12M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 155%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Glycerol in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 256 | 658 | 3,792 | 5,520 | 178.3% |
| Czech Republic | 338 | 399 | 561 | 1,571 | 66.9% |
| Poland | 247 | 557 | 1,595 | 1,103 | 64.7% |
| Netherlands | 1.2 | 36.0 | 0.5 | 840 | 787.9% |
| Germany | 287 | 87.0 | 750 | 629 | 29.9% |
| Serbia | 189 | 229 | 362 | 605 | 47.4% |
| Ukraine | 1,423 | 1,151 | 1,506 | 546 | -27.3% |
| Italy | 204 | 128 | 489 | 510 | 35.7% |
| India | 334 | 197 | 156 | 352 | 1.8% |
| Hungary | 643 | 439 | 461 | 152 | -38.2% |
| United Kingdom | 182 | 1.7 | N/A | N/A | -99.1% |
| Others | 350 | 394 | 1,246 | 611 | 20.4% |
| Total | 4,454 | 4,275 | 10,918 | 12,439 | 40.8% |
Top Export Markets for Glycerol from Romania in 2022:
- Turkey (9.1K tons)
- Czech Republic (2.2K tons)
- Netherlands (2.0K tons)
- Poland (2.0K tons)
- Germany (1.6K tons)
- Ukraine (1.1K tons)
- Serbia (1.1K tons)
- India (1.1K tons)
- Italy (1.0K tons)
- Hungary (0.4K tons)
Glycerol Imports in Romania
After two years of decline, overseas purchases of glycerol increased by 49% to 14K tons in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, glycerol imports skyrocketed to $15M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.3 | 2.1 | 1.9 | 4.2 | 47.8% |
| Poland | 1.7 | 0.8 | 1.9 | 3.0 | 20.8% |
| Belgium | 1.1 | 0.9 | 1.1 | 2.9 | 38.1% |
| Italy | 0.8 | 0.5 | 0.5 | 1.6 | 26.0% |
| Czech Republic | 0.3 | 0.7 | 0.6 | 1.1 | 54.2% |
| Bulgaria | 1.0 | 1.2 | 1.5 | 1.1 | 3.2% |
| Austria | 0.4 | 0.5 | 0.2 | 0.4 | 0.0% |
| Ukraine | 0.1 | 0.6 | 1.0 | 0.2 | 26.0% |
| Others | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Total | 7.0 | 7.6 | 9.0 | 14.9 | 28.6% |
Top Suppliers of Glycerol to Romania in 2022:
- Poland (3.8K tons)
- Belgium (3.7K tons)
- Germany (2.6K tons)
- Czech Republic (1.2K tons)
- Bulgaria (1.0K tons)
- Italy (0.8K tons)
- Austria (0.4K tons)
- Ukraine (0.1K tons)
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