Europe: Market for Refined or Synthetic Glycerol 2025

Market Size for Refined or Synthetic Glycerol in Europe

For the third year in a row, the Europe refined or synthetic glycerol market recorded growth in sales value, which increased by 65% to $X in 2022. Over the period under review, consumption enjoyed a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Refined or Synthetic Glycerol in Europe

In value terms, refined or synthetic glycerol production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 54% against the previous year. The level of production peaked in 2022 and is expected to retain growth in the near future.

Exports of Refined or Synthetic Glycerol

Exports in Europe

In 2022, shipments abroad of refined or synthetic glycerol increased by 24% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, refined or synthetic glycerol exports skyrocketed to $X in 2022. Over the period under review, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) and the Netherlands (X tons) dominates exports structure, together comprising 73% of total exports. Poland (X tons) held a 5.7% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (5.3%). France (X tons), Italy (X tons), Austria (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +11.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022, together comprising 81% of total exports.

The Netherlands, with a CAGR of +18.6%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, surging by 39% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined or synthetic glycerol export price increased by +43.9% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), while the other leaders experienced more modest paces of growth.

Imports of Refined or Synthetic Glycerol

Imports in Europe

In 2022, the amount of refined or synthetic glycerol imported in Europe skyrocketed to X tons, with an increase of 57% compared with the year before. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, refined or synthetic glycerol imports surged to $X in 2022. Overall, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons), distantly followed by the UK (X tons), Denmark (X tons), France (X tons), Germany (X tons), Spain (X tons), Italy (X tons) and Poland (X tons) were the major importers of refined or synthetic glycerol, together mixing up 79% of total imports. The following importers - Russia (X tons), Belgium (X tons) and the Czech Republic (X tons) - each finished at an 11% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the UK (with a CAGR of +15.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the UK ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together comprising 40% of total imports. Germany, Spain, Italy, Denmark, Poland, the Czech Republic, Belgium and Russia lagged somewhat behind, together accounting for a further 46%.

Among the main importing countries, the Czech Republic, with a CAGR of +18.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, growing by 20% against the previous year. Import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined or synthetic glycerol import price increased by +21.4% against 2018 indices. The pace of growth was the most pronounced in 2018 when the import price increased by 32%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform