Glycerol Price in the Czech Republic - 2023

Contents:

  1. Glycerol Price in the Czech Republic (CIF) - 2022
  2. Glycerol Price in the Czech Republic (FOB) - 2022
  3. Glycerol Imports in the Czech Republic
  4. Glycerol Exports in the Czech Republic

Glycerol Price in the Czech Republic (CIF) - 2022

The average glycerol import price stood at $954 per ton in 2022, growing by 32% against the previous year. In general, the import price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 80%. The import price peaked 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 Germany ($1,519 per ton), while the price for the Netherlands ($355 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Glycerol Price in the Czech Republic (FOB) - 2022

The average glycerol export price stood at $940 per ton in 2022, jumping by 24% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glycerol export price increased by +126.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($1,622 per ton), while the average price for exports to Germany ($502 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 Hungary (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Glycerol Imports in the Czech Republic

In 2022, approx. 90K tons of glycerol were imported into the Czech Republic; rising by 44% against the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +48.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glycerol imports soared to $85M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glycerol in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany24.223.828.251.628.7%
Poland3.93.96.015.859.4%
Hungary1.51.22.13.228.7%
Austria0.80.31.62.953.6%
Slovakia0.71.31.72.960.6%
Netherlands0.70.91.82.756.8%
Romania0.40.50.52.071.0%
Lithuania0.21.92.11.595.7%
Others0.30.50.82.8110.5%
Total32.734.244.985.537.8%

Top Suppliers of Glycerol to the Czech Republic in 2022:

  1. Germany (34.0K tons)
  2. Poland (26.6K tons)
  3. Netherlands (7.7K tons)
  4. Hungary (7.0K tons)
  5. Slovakia (5.0K tons)
  6. Romania (2.5K tons)
  7. Lithuania (2.0K tons)
  8. Austria (1.9K tons)

Glycerol Exports in the Czech Republic

In 2022, glycerol exports from the Czech Republic surged to 50K tons, picking up by 55% against the previous year. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.0% against 2020 indices. 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 $47M in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Glycerol in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.53.25.414.680.1%
Belgium1.31.94.611.2105.0%
Germany5.87.35.97.27.5%
Denmark0.20.31.03.6162.1%
Slovakia0.80.50.82.342.2%
Hungary0.80.61.21.831.0%
Others1.62.85.46.055.4%
Total13.316.624.346.752.0%

Top Export Markets for Glycerol from the Czech Republic in 2022:

  1. Poland (15.3K tons)
  2. Germany (14.4K tons)
  3. Belgium (9.5K tons)
  4. Denmark (2.7K tons)
  5. Slovakia (1.7K tons)
  6. Hungary (1.1K tons)

Source: IndexBox Market Intelligence Platform

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