Glycerol Price in Sweden - 2023
Contents:
- Glycerol Price in Sweden (CIF) - 2022
- Glycerol Price in Sweden (FOB) - 2022
- Glycerol Imports in Sweden
- Glycerol Exports in Sweden
Glycerol Price in Sweden (CIF) - 2022
The average glycerol import price stood at $1,258 per ton in 2022, surging by 30% against the previous year. In general, the import price recorded strong growth. The pace of growth was the most pronounced in 2021 an increase of 86%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain 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 Italy ($8,000 per ton), while the price for Norway ($475 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Price in Sweden (FOB) - 2022
In 2022, the average glycerol export price amounted to $820 per ton, with an increase of 44% against the previous year. In general, the export price continues to indicate a moderate expansion. The growth pace was the most rapid in 2021 when the average export price increased by 69% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($2,936 per ton), while the average price for exports to India ($307 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 the United Arab Emirates (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports in Sweden
In 2022, after two years of decline, there was growth in supplies from abroad of glycerol, when their volume increased by 0.6% to 10K tons. Overall, imports, however, saw a abrupt contraction.
In value terms, glycerol imports surged to $13M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +71.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1.3 | 1.8 | 2.7 | 4.6 | 52.4% |
| Germany | 3.0 | 2.8 | 2.9 | 2.5 | -5.9% |
| Netherlands | 0.8 | 1.0 | 2.0 | 2.0 | 35.7% |
| Norway | 1.7 | 1.4 | 1.2 | 1.8 | 1.9% |
| Poland | N/A | N/A | N/A | 1.3 | 0% |
| Malaysia | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Finland | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Italy | 0.3 | 0.4 | 1.0 | N/A | 82.6% |
| Others | 0.2 | 0.4 | 0.2 | 0.5 | 35.7% |
| Total | 7.7 | 8.1 | 10.1 | 13.2 | 19.7% |
Top Suppliers of Glycerol to Sweden in 2022:
- Italy (undefinedK tons)
- Finland (undefinedK tons)
- Norway (3.8K tons)
- Denmark (2.6K tons)
- Netherlands (1.3K tons)
- Poland (1.3K tons)
- Germany (1.1K tons)
- Malaysia (0.2K tons)
Glycerol Exports in Sweden
In 2022, shipments abroad of glycerol decreased by -4.8% to 17K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a pronounced curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 23% against the previous year. As a result, the exports attained the peak of 24K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, glycerol exports skyrocketed to $14M in 2022. In general, exports, however, saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Glycerol in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 2,402 | 3,724 | 3,047 | 5,210 | 29.4% |
| Norway | 423 | 788 | 1,143 | 2,682 | 85.1% |
| Germany | 491 | 533 | 987 | 1,314 | 38.8% |
| Poland | 9.9 | 267 | 435 | 1,285 | 406.3% |
| Finland | 134 | 274 | 579 | 757 | 78.1% |
| Italy | 459 | 602 | 995 | 678 | 13.9% |
| Greece | 116 | 156 | 243 | 358 | 45.6% |
| United Kingdom | 311 | 163 | 238 | 315 | 0.4% |
| Russia | 1,440 | 881 | 1,209 | 305 | -40.4% |
| Netherlands | 177 | 348 | 0.4 | 22.1 | -50.0% |
| Others | 340 | 331 | 1,147 | 787 | 32.3% |
| Total | 6,302 | 8,067 | 10,026 | 13,713 | 29.6% |
Top Export Markets for Glycerol from Sweden in 2022:
- Denmark (10.4K tons)
- Poland (1.4K tons)
- Germany (1.2K tons)
- Norway (0.9K tons)
- Italy (0.7K tons)
- Finland (0.5K tons)
- Greece (0.3K tons)
- Russia (0.3K tons)
- United Kingdom (0.2K tons)
- Netherlands (0.1K tons)
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