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Norway - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Refined or Synthetic Glycerol in Norway - 2023
Contents:
- Price for Refined or Synthetic Glycerol in Norway (CIF) - 2022
- Price for Refined or Synthetic Glycerol in Norway (FOB) - 2022
- Imports of Refined or Synthetic Glycerol in Norway
- Exports of Refined or Synthetic Glycerol in Norway
Price for Refined or Synthetic Glycerol in Norway (CIF) - 2022
In 2022, the average refined or synthetic glycerol import price amounted to $2,692 per ton, rising by 76% against the previous year. In general, the import price posted a buoyant increase. As a result, import price reached 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 Japan ($6,397 per ton), while the price for Poland ($1,620 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined or Synthetic Glycerol in Norway (FOB) - 2022
The average refined or synthetic glycerol export price stood at $1,784 per ton in 2022, with an increase of 48% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 160%. The export price peaked at $2,132 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,983 per ton), while the average price for exports to Sweden amounted to $1,289 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+10.1%), while the prices for the other major destinations experienced a decline.
Imports of Refined or Synthetic Glycerol in Norway
In 2022, approx. 1.5K tons of refined or synthetic glycerol were imported into Norway; growing by 26% against 2021. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, refined or synthetic glycerol imports skyrocketed to $4M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Refined or Synthetic Glycerol in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 390 | 679 | 1,007 | 2,505 | 85.9% |
Denmark | 320 | 470 | 510 | 671 | 28.0% |
Germany | 107 | 21.4 | 85.0 | 361 | 50.0% |
Poland | 114 | 46.5 | 47.3 | 232 | 26.7% |
Netherlands | 52.0 | 70.8 | 54.8 | 115 | 30.3% |
Japan | 457 | N/A | N/A | 0.4 | -90.4% |
Others | 703 | 442 | 97.9 | 90.3 | -49.5% |
Total | 2,143 | 1,731 | 1,802 | 3,976 | 22.9% |
Top Suppliers of Refined or Synthetic Glycerol to Norway in 2022:
- Sweden (864.0 tons)
- Denmark (263.9 tons)
- Germany (151.4 tons)
- Poland (143.5 tons)
- Netherlands (36.6 tons)
- Japan (0.1 tons)
Exports of Refined or Synthetic Glycerol in Norway
In 2022, after three years of growth, there was significant decline in shipments abroad of refined or synthetic glycerol, when their volume decreased by -71.5% to 86 tons. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 747%. As a result, the exports reached the peak of 303 tons, and then shrank remarkably in the following year.
In value terms, refined or synthetic glycerol exports reduced markedly to $154K in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 407%. As a result, the exports attained the peak of $366K, and then fell dramatically in the following year.
Export of Refined or Synthetic Glycerol in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 31.6 | 67.3 | 312 | 91.4 | 42.5% |
Sweden | 4.8 | N/A | N/A | 49.3 | 117.4% |
Others | 7.8 | 4.8 | 53.6 | 13.4 | 19.8% |
Total | 44.2 | 72.1 | 366 | 154 | 51.6% |
Top Export Markets for Refined or Synthetic Glycerol from Norway in 2022:
- United States (46.1 tons)
- Sweden (38.3 tons)
This report provides an in-depth analysis of the market for refined or synthetic glycerol in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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