Glycerol Price in Poland - 2023
Contents:
- Glycerol Price in Poland (FOB) - 2022
- Glycerol Price in Poland (CIF) - 2022
- Glycerol Exports in Poland
- Glycerol Imports in Poland
Glycerol Price in Poland (FOB) - 2022
The average glycerol export price stood at $931 per ton in 2022, surging by 34% against the previous year. Overall, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 83% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($1,502 per ton), while the average price for exports to Denmark ($698 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 Italy (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Price in Poland (CIF) - 2022
In 2022, the average glycerol import price amounted to $1,234 per ton, growing by 56% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 +74.7% against 2020 indices. 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 Belgium ($1,909 per ton), while the price for Slovakia ($373 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Exports in Poland
In 2022, glycerol exports from Poland expanded rapidly to 102K tons, surging by 5.5% compared with 2021. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, glycerol exports soared to $95M in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 118%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Glycerol in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 12.3 | 18.2 | 31.2 | 59.4% |
| Czech Republic | 4.8 | 4.7 | 8.3 | 13.3 | 40.5% |
| Netherlands | 1.1 | 1.0 | 3.3 | 11.4 | 118.0% |
| France | N/A | 0.2 | 0.6 | 5.2 | 409.9% |
| Italy | 1.9 | 1.2 | 3.1 | 4.3 | 31.3% |
| Russia | 1.8 | 1.8 | 6.3 | 4.1 | 31.6% |
| Ukraine | 2.6 | 2.2 | 4.1 | 3.2 | 7.2% |
| Romania | 1.3 | 0.7 | 1.8 | 3.1 | 33.6% |
| Lithuania | 0.9 | 0.5 | 1.8 | 3.0 | 49.4% |
| Belarus | 0.7 | 0.6 | 2.1 | 2.7 | 56.8% |
| Austria | 0.9 | 1.5 | 1.4 | 1.7 | 23.6% |
| Denmark | 0.3 | 0.2 | 0.5 | 1.5 | 71.0% |
| Others | 4.2 | 3.9 | 15.5 | 10.8 | 37.0% |
| Total | 28.2 | 30.9 | 67.3 | 95.4 | 50.1% |
Top Export Markets for Glycerol from Poland in 2022:
- Germany (39.9K tons)
- Czech Republic (17.7K tons)
- Netherlands (10.4K tons)
- France (4.7K tons)
- Russia (4.4K tons)
- Romania (4.1K tons)
- Italy (3.4K tons)
- Lithuania (3.0K tons)
- Ukraine (2.3K tons)
- Denmark (2.2K tons)
- Belarus (1.8K tons)
- Austria (1.8K tons)
Glycerol Imports in Poland
For the fourth consecutive year, Poland recorded growth in supplies from abroad of glycerol, which increased by 16% to 67K tons in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, glycerol imports skyrocketed to $83M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.0 | 20.8 | 26.5 | 41.5 | 23.6% |
| Netherlands | 1.2 | 2.8 | 3.8 | 12.9 | 120.7% |
| Czech Republic | 1.5 | 2.8 | 6.0 | 12.7 | 103.8% |
| Slovakia | N/A | 0.6 | 1.1 | 3.1 | 127.3% |
| Lithuania | 0.1 | 0.4 | 0.9 | 1.9 | 166.8% |
| Romania | N/A | 0.1 | 1.6 | 1.3 | 260.6% |
| Bulgaria | N/A | N/A | 0.2 | 1.2 | 500.0% |
| Belgium | 1.4 | 0.7 | 1.2 | 0.8 | -17.0% |
| Others | 2.5 | 2.7 | 4.4 | 7.6 | 44.9% |
| Total | 28.7 | 30.8 | 45.8 | 83.0 | 42.5% |
Top Suppliers of Glycerol to Poland in 2022:
- Germany (28.2K tons)
- Czech Republic (11.0K tons)
- Slovakia (8.3K tons)
- Netherlands (7.2K tons)
- Romania (2.8K tons)
- Lithuania (1.7K tons)
- Bulgaria (1.6K tons)
- Belgium (0.4K tons)
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