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United Kingdom - Propylene Glycol (Propane-1,2-Diol) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2025

United Kingdom - Propylene Glycol (Propane-1,2-Diol) - Market Analysis, Forecast, Size, Trends And Insights

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Aug 31, 2023

Price of Propylene Glycol in UK Decreases to $1,811 per Ton

United Kingdom Propylene Glycol Import Price in April 2023

In April 2023, the propylene glycol price stood at $1,811 per ton (CIF, United Kingdom), declining by -1.8% against the previous month. Overall, the import price recorded a perceptible decline. The pace of growth was the most pronounced in February 2023 when the average import price increased by 49% month-to-month. The import price peaked at $3,143 per ton in April 2022; however, from May 2022 to April 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In April 2023, the countries with the highest prices were South Korea ($1,942 per ton) and Germany ($1,864 per ton), while the price for the Netherlands ($1,609 per ton) and China ($1,729 per ton) were amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by South Korea (-0.7%), while the prices for the other major suppliers experienced a decline.

United Kingdom Propylene Glycol Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Propylene Glycol in United Kingdom (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
South Korea2,1181,5822,3622,8282,8362,4992,7082,5421,8172,3193,1392,2111,942
Germany3,6633,2363,4192,9792,9962,5782,7102,6862,4202,4932,2992,3581,864
France2,5971,5202,8362,4261,7882,0611,7151,8801,8561,5481,5131,7091,753
China2,4562,9012,8722,9693,3183,0251,5892,0651,6911,4021,5081,2761,729
Netherlands3,0112,3331,5801,5132,3752,5452,3822,22916,2032,04713,6881,7961,609
Average3,1433,0202,1541,9802,8492,4202,2642,5402,5491,8522,7671,8441,811

United Kingdom Propylene Glycol Imports

In April 2023, the amount of propylene glycol (propane-1,2-diol) imported into the UK surged to 1.7K tons, growing by 30% on the previous month. In general, imports recorded a mild expansion. The most prominent rate of growth was recorded in May 2022 with an increase of 160% m-o-m. As a result, imports reached the peak of 3.8K tons. From June 2022 to April 2023, the growth of imports failed to regain momentum.

In value terms, propylene glycol imports surged to $3.1M (IndexBox estimates) in April 2023. Over the period under review, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in May 2022 with an increase of 149% month-to-month. As a result, imports attained the peak of $11M. From June 2022 to April 2023, the growth of imports remained at a somewhat lower figure.

United Kingdom Propylene Glycol Imports by Country

In April 2023, France (1.1K tons) constituted the largest supplier of propylene glycol to the UK, with a 63% share of total imports. Moreover, propylene glycol imports from France exceeded the figures recorded by the second-largest supplier, Germany (283 tons), fourfold. The third position in this ranking was held by the Netherlands (99 tons), with a 5.9% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume from France totaled +20.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-7.3% per month) and the Netherlands (+0.3% per month).

In value terms, France ($1.9M) constituted the largest supplier of propylene glycol to the UK, comprising 61% of total imports. The second position in the ranking was taken by Germany ($527K), with a 17% share of total imports. It was followed by the Netherlands, with a 5.2% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of value from France amounted to +16.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-12.4% per month) and the Netherlands (-4.8% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the propylene glycol market in the UK. 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 20142320 - Propylene glycol (propane-1,2-diol)

Country coverage:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    14. Production Volume and Growth
    15. Exports and Growth
    16. Export Prices and Growth
    17. Market Size and Growth
    18. Per Capita Consumption
    19. Imports and Growth
    20. Import Prices
    21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024

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