Glycerol Price in Denmark - 2023

Contents:

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

Glycerol Price in Denmark (CIF) - 2022

In 2022, the average glycerol import price amounted to $529 per ton, rising by 9.2% against the previous year. Overall, the import price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by 23%. The import price peaked at $852 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($584 per ton), while the price for France ($279 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Glycerol Price in Denmark (FOB) - 2022

In 2022, the average glycerol export price amounted to $1,652 per ton, declining by -43.2% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2021 an increase of 36% against the previous year. The export price peaked at $4,140 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($109,791 per ton), while the average price for exports to Italy ($473 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 Brazil (+37.2%), while the prices for the other major destinations experienced more modest paces of growth.

Glycerol Imports in Denmark

In 2022, approx. 228K tons of glycerol were imported into Denmark; increasing by 101% compared with the previous year's figure. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glycerol imports soared to $121M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glycerol in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany24.633.037.984.951.1%
Netherlands3.13.33.111.052.5%
Norway1.11.43.15.470.0%
France0.21.61.34.4180.2%
Italy0.71.41.93.469.4%
Sweden2.42.62.33.07.7%
United Kingdom1.75.04.12.412.2%
Others3.84.81.46.318.4%
Total37.553.055.012147.8%

Top Suppliers of Glycerol to Denmark in 2022:

  1. Germany (147.9K tons)
  2. Netherlands (21.0K tons)
  3. France (16.0K tons)
  4. Italy (10.1K tons)
  5. Norway (9.9K tons)
  6. Sweden (5.9K tons)
  7. United Kingdom (5.4K tons)

Glycerol Exports in Denmark

In 2022, the amount of glycerol exported from Denmark surged to 11K tons, with an increase of 162% compared with 2021 figures. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glycerol exports soared to $19M in 2022. Overall, exports showed 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 Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1.32.02.55.056.7%
Italy0.50.30.62.161.3%
Belgium0.1N/AN/A1.9166.8%
Norway0.40.60.60.931.0%
NetherlandsN/A0.3N/A0.1-42.3%
Others7.27.98.98.97.3%
Total9.511.012.618.925.8%

Top Export Markets for Glycerol from Denmark in 2022:

  1. Sweden (4.6K tons)
  2. Italy (4.5K tons)
  3. Belgium (1.5K tons)
  4. Norway (0.4K tons)
  5. Netherlands (0.2K tons)

Source: IndexBox Market Intelligence Platform

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