Glycerol Price in Kazakhstan - 2021
Contents:
- Glycerol Price in Kazakhstan (CIF) - 2022
- Glycerol Price in Kazakhstan (FOB) - 2022
- Glycerol Imports in Kazakhstan
- Glycerol Exports in Kazakhstan
Glycerol Price in Kazakhstan (CIF) - 2022
The average glycerol import price stood at $1,168 per ton in 2022, waning by -5.1% against the previous year. Over the period under review, the import price showed a slight slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 61% against the previous year. As a result, import price reached the peak level of $1,751 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
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 Germany ($1,944 per ton), while the price for Russia ($850 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Price in Kazakhstan (FOB) - 2022
In 2022, the average glycerol export price amounted to $6,731 per ton, growing by 352% against the previous year. In general, the export price continues to indicate a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($52,042 per ton), while the average price for exports to Russia totaled $1,641 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+92.8%).
Glycerol Imports in Kazakhstan
After two years of decline, purchases abroad of glycerol increased by 72% to 1K tons in 2022. In general, imports, however, continue to indicate a pronounced descent.
In value terms, glycerol imports surged to $1.2M in 2022. Overall, imports, however, continue to indicate a slight descent.
| Import of Glycerol in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 628 | 649 | 332 | 571 | -3.1% |
| Germany | 169 | 127 | 47.1 | 388 | 31.9% |
| Czech Republic | 38.2 | 51.8 | 28.0 | 128 | 49.6% |
| Poland | 129 | 117 | 95.2 | 42.0 | -31.2% |
| Latvia | 28.9 | 36.6 | 30.9 | N/A | 3.4% |
| Others | 253 | 200 | 196 | 60.8 | -37.8% |
| Total | 1,246 | 1,182 | 730 | 1,190 | -1.5% |
Top Suppliers of Glycerol to Kazakhstan in 2022:
- Russia (671.7 tons)
- Germany (199.7 tons)
- Czech Republic (80.0 tons)
- Poland (38.2 tons)
Glycerol Exports in Kazakhstan
In 2022, the amount of glycerol exported from Kazakhstan shrank notably to 9.3 tons, falling by -58.8% compared with 2021. Over the period under review, exports recorded a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. As a result, the exports reached the peak of 23 tons, and then dropped significantly in the following year.
In value terms, glycerol exports skyrocketed to $63K in 2022. Overall, exports, however, enjoyed 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 Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | N/A | N/A | N/A | 48.3 | 0% |
| Russia | 25.0 | 19.9 | 33.6 | 13.8 | -18.0% |
| Others | 2.3 | N/A | N/A | 0.7 | -32.7% |
| Total | 27.3 | 19.9 | 33.6 | 62.7 | 31.9% |
Top Export Markets for Glycerol from Kazakhstan in 2022:
- Russia (8.4 tons)
- Kyrgyzstan (0.9 tons)
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