Report Update Nov 1, 2024

Libya - Refined or Synthetic Glycerol - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Libya: Market for Refined or Synthetic Glycerol 2024

Market Size for Refined or Synthetic Glycerol in Libya

The Libyan refined or synthetic glycerol market soared to $X in 2022, jumping by 24% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a drastic downturn. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Refined or Synthetic Glycerol

Exports from Libya

In 2021, approx. X kg of refined or synthetic glycerol were exported from Libya; leveling off at 2020. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, refined or synthetic glycerol exports stood at $X in 2021. Overall, exports posted a significant expansion. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

Exports by Country

The United Arab Emirates (X kg) was the main destination for refined or synthetic glycerol exports from Libya, with a approx. 100% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2015 to 2021, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2021, the average refined or synthetic glycerol export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price recorded a significant increase. The growth pace was the most rapid in 2016 a decrease of 99.9%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Refined or Synthetic Glycerol

Imports into Libya

In 2022, after two years of decline, there was significant growth in supplies from abroad of refined or synthetic glycerol, when their volume increased by 35% to X tons. Overall, imports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2018 with an increase of 1,056%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, refined or synthetic glycerol imports stood at $X in 2022. In general, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 880% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of refined or synthetic glycerol to Libya, accounting for a 65% share of total imports. Moreover, refined or synthetic glycerol imports from Spain exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold. The third position in this ranking was taken by Turkey (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +102.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+0.4% per year) and Turkey (-0.7% per year).

In value terms, Tunisia ($X) constituted the largest supplier of refined or synthetic glycerol to Libya, comprising 46% of total imports. The second position in the ranking was taken by Spain ($X), with a 20% share of total imports. It was followed by South Korea, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Tunisia amounted to +23.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+65.2% per year) and South Korea (+18.0% per year).

Import Prices by Country

The average refined or synthetic glycerol import price stood at $X per ton in 2022, dropping by -19.1% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tunisia ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+35.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined or synthetic glycerol in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 42% of global consumption. Pakistan, Germany, Indonesia, Brazil, France, South Korea, Canada, Japan, Thailand and Australia lagged somewhat behind, together comprising a further 27%.

What are the largest producers of refined or synthetic glycerol in the world?

The country with the largest volume of refined or synthetic glycerol production was Indonesia, accounting for 19% of total volume. Moreover, refined or synthetic glycerol production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia, twofold. China ranked third in terms of total production with a 9.6% share.

What are the leading suppliers of refined or synthetic glycerol to Libya?

In value terms, Turkey constituted the largest supplier of refined or synthetic glycerol to Libya.

What is the average export price for refined or synthetic glycerol in Libya?

The average refined or synthetic glycerol export price stood at $739 per ton in 2015, approximately equating the previous year.

What is the average import price for refined or synthetic glycerol in Libya?

The average refined or synthetic glycerol import price stood at $816 per ton in 2021, falling by -9.2% against the previous year.

This report provides an in-depth analysis of the market for refined or synthetic glycerol in Libya. 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 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)

Country coverage:

Libya

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023