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Russian Federation - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Refined or Synthetic Glycerol in Russia - 2022
Contents:
- Price for Refined or Synthetic Glycerol in Russia (CIF) - 2022
- Price for Refined or Synthetic Glycerol in Russia (FOB) - 2022
- Imports of Refined or Synthetic Glycerol in Russia
- Exports of Refined or Synthetic Glycerol in Russia
Price for Refined or Synthetic Glycerol in Russia (CIF) - 2022
In January 2022, the average refined or synthetic glycerol import price amounted to $1,400 per ton, rising by 13% against the previous month. Overall, the import price recorded a resilient expansion. The pace of growth was the most pronounced in November 2021 an increase of 29% month-to-month. Over the period under review, average import prices hit record highs in January 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,771 per ton), while the price for Sweden ($942 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Refined or Synthetic Glycerol in Russia (FOB) - 2022
The average refined or synthetic glycerol export price stood at $1,279 per ton in 2022, declining by -20.2% against the previous year. Overall, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2018 an increase of 93%. As a result, the export price attained the peak level of $2,157 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($1,932 per ton), while the average price for exports to Georgia ($780 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 Ukraine (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Refined or Synthetic Glycerol in Russia
After two years of decline, purchases abroad of refined or synthetic glycerol increased by 10% to 41K tons in 2022. In general, imports, however, showed a abrupt downturn.
In value terms, refined or synthetic glycerol imports fell to $27M in 2022. Overall, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 24%.
Import of Refined or Synthetic Glycerol in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 16.0 | 6.4 | 8.1 | 11.7 | -9.9% |
Ukraine | 8.3 | 8.9 | 6.6 | 3.6 | -24.3% |
Latvia | 1.3 | 0.7 | 0.9 | 3.2 | 35.0% |
Germany | 4.9 | 3.1 | 4.0 | 2.6 | -19.0% |
Poland | 0.2 | 0.3 | 3.8 | 1.9 | 111.8% |
Netherlands | 0.9 | 0.6 | 3.2 | 1.8 | 26.0% |
Indonesia | 0.2 | 0.3 | 0.1 | 0.7 | 51.8% |
Sweden | 1.7 | 0.9 | 1.3 | 0.6 | -29.3% |
Argentina | 1.4 | 0.3 | N/A | N/A | -78.6% |
Others | 4.5 | 3.0 | 2.4 | 1.2 | -35.6% |
Total | 39.4 | 24.5 | 30.3 | 27.4 | -11.4% |
Top Suppliers of Refined or Synthetic Glycerol to Russia in 2022:
- Brazil (16.4K tons)
- Latvia (7.0K tons)
- Ukraine (5.0K tons)
- Germany (3.0K tons)
- Netherlands (2.9K tons)
- Poland (2.4K tons)
- Indonesia (1.4K tons)
- Sweden (1.4K tons)
Exports of Refined or Synthetic Glycerol in Russia
In 2022, the amount of refined or synthetic glycerol exported from Russia skyrocketed to 1.3K tons, picking up by 19% on the year before. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.9% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 48% against the previous year. As a result, the exports attained the peak of 1.5K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, refined or synthetic glycerol exports fell slightly to $1.6M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 45%.
Export of Refined or Synthetic Glycerol in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 705 | 701 | 579 | 386 | -18.2% |
Belarus | 32.9 | 87.8 | 245 | 378 | 125.6% |
Uzbekistan | 77.1 | 343 | 402 | 356 | 66.5% |
Azerbaijan | 0.8 | 2.0 | 28.9 | 258 | 585.8% |
Ukraine | 86.5 | 112 | 173 | 128 | 14.0% |
Armenia | 82.7 | 71.6 | 176 | 45.9 | -17.8% |
Georgia | 5.6 | 5.4 | 4.6 | 23.6 | 61.5% |
Tajikistan | 29.6 | 131 | 7.7 | N/A | -49.0% |
Others | 30.9 | 66.7 | 63.5 | 24.0 | -8.1% |
Total | 1,051 | 1,521 | 1,680 | 1,600 | 15.0% |
Top Export Markets for Refined or Synthetic Glycerol from Russia in 2022:
- Kazakhstan (311.3 tons)
- Belarus (309.2 tons)
- Uzbekistan (267.8 tons)
- Azerbaijan (206.0 tons)
- Ukraine (89.3 tons)
- Georgia (30.3 tons)
- Armenia (23.8 tons)
This report provides an in-depth analysis of the market for refined or synthetic glycerol in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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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