Luxembourg: Crude Glycerol Market 2025

Crude Glycerol Market Size in Luxembourg

In 2021, after two years of decline, there was significant growth in the Luxembourg crude glycerol market, when its value increased by 5.4% to $X. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.0% against 2018 indices. Crude glycerol consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Crude Glycerol Production in Luxembourg

In value terms, crude glycerol production rose markedly to $X in 2021 estimated in export price. Overall, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -12.5% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 30% against the previous year. Crude glycerol production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Crude Glycerol Exports

Exports from Luxembourg

In 2021, exports of crude glycerol, glycerine waters and lyes from Luxembourg reached X tons, leveling off at 2020 figures. Overall, exports continue to indicate a perceptible expansion. The growth pace was the most rapid in 2019 with an increase of 119%. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, crude glycerol exports skyrocketed to $X in 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 176%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for crude glycerol exports from Luxembourg, with a 66% share of total exports. Moreover, crude glycerol exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), fourfold.

From 2016 to 2021, the average annual rate of growth in terms of volume to the Netherlands stood at -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-15.3% per year) and Spain (+402.0% per year).

In value terms, the largest markets for crude glycerol exported from Luxembourg were Spain ($X), Germany ($X) and the Netherlands ($X), together comprising 99.9% of total exports.

Spain, with a CAGR of +378.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average crude glycerol export price amounted to $X per ton, growing by 79% against the previous year. Overall, the export price showed significant growth. The pace of growth was the most pronounced in 2017 an increase of 217% against the previous year. The export price peaked at $X per ton in 2019; afterwards, it flattened through to 2021.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+32.2%), while the prices for the other major destinations experienced a decline.

Crude Glycerol Imports

Imports into Luxembourg

In 2021, purchases abroad of crude glycerol, glycerine waters and lyes decreased by -45% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of 8,629% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, crude glycerol imports fell rapidly to $X in 2021. In general, imports saw a perceptible downturn. The growth pace was the most rapid in 2019 when imports increased by 13,504% against the previous year. Imports peaked at $X in 2020, and then fell markedly in the following year.

Imports by Country

In 2021, Germany (X tons) was the main crude glycerol supplier to Luxembourg, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to -11.2%.

In value terms, Germany ($X) constituted the largest supplier of crude glycerol, glycerine waters and lyes to Luxembourg.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -2.5%.

Import Prices by Country

The average crude glycerol import price stood at $X per ton in 2021, waning by -70.6% against the previous year. Over the period under review, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 1,582%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then shrank notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +305.3% per year.

Source: IndexBox Platform

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