Glycerol Price in Switzerland - 2023
Contents:
- Glycerol Price in Switzerland (CIF) - 2022
- Glycerol Price in Switzerland (FOB) - 2022
- Glycerol Imports in Switzerland
- Glycerol Exports in Switzerland
Glycerol Price in Switzerland (CIF) - 2022
The average glycerol import price stood at $1,285 per ton in 2022, rising by 9.6% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glycerol import price increased by +51.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 35% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 ($2,858 per ton), while the price for France ($176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Glycerol Price in Switzerland (FOB) - 2022
The average glycerol export price stood at $6,153 per ton in 2022, which is down by -12% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 39% against the previous year. The export price peaked at $8,038 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
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 the UK ($27,153 per ton), while the average price for exports to Belgium ($1,340 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 Italy (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Glycerol Imports in Switzerland
In 2022, imports of glycerol into Switzerland rose sharply to 17K tons, with an increase of 12% compared with the previous year. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 20%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, glycerol imports soared to $21M in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Glycerol in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.6 | 7.8 | 9.2 | 10.2 | 15.6% |
| Italy | 2.2 | 3.6 | 5.4 | 7.6 | 51.2% |
| Netherlands | 0.2 | 0.4 | 0.3 | 0.9 | 65.1% |
| Belgium | 0.1 | 0.1 | 0.8 | 0.5 | 71.0% |
| France | 0.7 | 1.0 | 0.6 | 0.3 | -24.6% |
| Austria | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 0.8 | 0.7 | 1.0 | 1.7 | 28.6% |
| Total | 10.7 | 13.6 | 17.4 | 21.4 | 26.0% |
Top Suppliers of Glycerol to Switzerland in 2022:
- Germany (10.1K tons)
- Italy (2.7K tons)
- France (1.5K tons)
- Austria (0.9K tons)
- Belgium (0.5K tons)
- Netherlands (0.4K tons)
Glycerol Exports in Switzerland
In 2022, the amount of glycerol exported from Switzerland skyrocketed to 252 tons, jumping by 26% on the previous year. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 80%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, glycerol exports reached $1.5M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +73.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 70% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Glycerol in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 482 | 531 | 410 | 586 | 6.7% |
| Italy | 32.9 | 305 | 354 | 325 | 114.6% |
| United Kingdom | 64.4 | 190 | 168 | 202 | 46.4% |
| United States | 68.9 | 157 | 57.0 | 126 | 22.3% |
| China | 23.6 | 30.7 | 64.5 | 50.2 | 28.6% |
| France | 35.1 | 47.1 | 28.6 | 39.4 | 3.9% |
| Belgium | 0.2 | 1.9 | 1.5 | 33.0 | 448.5% |
| Others | 189 | 259 | 314 | 188 | -0.2% |
| Total | 896 | 1,522 | 1,397 | 1,550 | 20.0% |
Top Export Markets for Glycerol from Switzerland in 2022:
- Germany (108.6 tons)
- Italy (78.3 tons)
- Belgium (24.6 tons)
- China (11.8 tons)
- United Kingdom (7.4 tons)
- United States (7.3 tons)
- France (3.6 tons)
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