Glycerol Price in Austria - 2023
Contents:
- Glycerol Price in Austria (FOB) - 2022
- Glycerol Price in Austria (CIF) - 2022
- Glycerol Exports in Austria
- Glycerol Imports in Austria
Glycerol Price in Austria (FOB) - 2022
The average glycerol export price stood at $1,012 per ton in 2022, with an increase of 41% against the previous year. Overall, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2021 an increase of 60% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($1,715 per ton), while the average price for exports to Switzerland ($171 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 Netherlands (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Price in Austria (CIF) - 2022
In 2022, the average glycerol import price amounted to $1,932 per ton, picking up by 47% against the previous year. Overall, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 49% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($3,108 per ton), while the price for the Czech Republic ($1,224 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Exports in Austria
In 2022, the amount of glycerol exported from Austria soared to 29K tons, growing by 20% compared with 2021 figures. The total export volume increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, glycerol exports surged to $30M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glycerol in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.5 | 4.0 | 7.7 | 11.6 | 49.1% |
| Germany | 1.3 | 1.9 | 2.8 | 8.7 | 88.4% |
| Czech Republic | 0.8 | 0.3 | 1.6 | 2.9 | 53.6% |
| Poland | 0.4 | 0.3 | 0.9 | 1.4 | 51.8% |
| Slovenia | 0.4 | 0.4 | 0.6 | 1.1 | 40.1% |
| Bulgaria | 0.6 | 0.5 | 0.7 | 1.0 | 18.6% |
| Hungary | 0.5 | 0.8 | 0.8 | 0.8 | 17.0% |
| Romania | 0.4 | 0.5 | 0.2 | 0.4 | 0.0% |
| Netherlands | 1.3 | 1.3 | 1.6 | 0.3 | -38.7% |
| Denmark | N/A | N/A | N/A | 0.2 | 0% |
| Serbia | 0.4 | 0.5 | 0.1 | 0.2 | -20.6% |
| Switzerland | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Russia | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.6 | 0.7 | 0.6 | 0.7 | 5.3% |
| Total | 10.1 | 11.2 | 17.7 | 29.7 | 43.3% |
Top Export Markets for Glycerol from Austria in 2022:
- Germany (11.4K tons)
- Italy (7.9K tons)
- Czech Republic (2.0K tons)
- Slovenia (2.0K tons)
- Poland (1.2K tons)
- Switzerland (1.0K tons)
- Bulgaria (0.9K tons)
- Russia (0.6K tons)
- Denmark (0.5K tons)
- Hungary (0.5K tons)
- Netherlands (0.4K tons)
- Romania (0.3K tons)
- Serbia (0.2K tons)
Glycerol Imports in Austria
In 2022, the amount of glycerol imported into Austria totaled 3.4K tons, with an increase of 3.8% against 2021 figures. In general, imports, however, showed a noticeable decline. The growth pace was the most rapid in 2020 when imports increased by 18%. As a result, imports reached the peak of 4.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, glycerol imports soared to $6.6M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% 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 +75.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Glycerol in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.0 | 3.9 | 3.7 | 4.9 | 17.8% |
| Czech Republic | 0.2 | 0.3 | 0.2 | 0.7 | 51.8% |
| Belgium | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
| Netherlands | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Others | 0.3 | 0.2 | 0.1 | 0.1 | -30.7% |
| Total | 3.7 | 4.7 | 4.3 | 6.6 | 21.3% |
Top Suppliers of Glycerol to Austria in 2022:
- Germany (2276.2 tons)
- Czech Republic (567.7 tons)
- Belgium (264.2 tons)
- Netherlands (237.1 tons)
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