Netherlands: Crude Glycerol Market 2024

Crude Glycerol Market Size in the Netherlands

The Dutch crude glycerol market surged to $X in 2021, picking up by 60% against the previous year. Over the period under review, consumption continues to indicate a resilient increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Crude Glycerol Production in the Netherlands

In value terms, crude glycerol production totaled $X in 2021 estimated in export price. Over the period under review, production showed a dramatic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 507%. Crude glycerol production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Crude Glycerol Exports

Exports from the Netherlands

In 2021, approx. X tons of crude glycerol, glycerine waters and lyes were exported from the Netherlands; declining by -26.9% compared with the year before. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2016 when exports increased by 48%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, crude glycerol exports declined to $X in 2021. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2016 when exports increased by 48% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for crude glycerol exports from the Netherlands, with a 59% share of total exports. Moreover, crude glycerol exports to Germany exceeded the volume sent to the second major destination, Denmark (X tons), fivefold. Belgium (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+166.5% per year) and Belgium (-3.5% per year).

In value terms, Germany ($X) remains the key foreign market for crude glycerol, glycerine waters and lyes exports from the Netherlands, comprising 54% of total exports. The second position in the ranking was taken by Denmark ($X), with a 19% share of total exports. It was followed by the Czech Republic, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+165.3% per year) and the Czech Republic (-10.3% per year).

Export Prices by Country

The average crude glycerol export price stood at $X per ton in 2021, growing by 22% against the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Crude Glycerol Imports

Imports into the Netherlands

Crude glycerol imports into the Netherlands skyrocketed to X tons in 2021, with an increase of 18% against the previous year. In general, imports saw a temperate expansion. The pace of growth was the most pronounced in 2018 when imports increased by 112%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, crude glycerol imports skyrocketed to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 230% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Spain (X tons) and Argentina (X tons) were the main suppliers of crude glycerol imports to the Netherlands, with a combined 73% share of total imports. Indonesia, the UK, the United States, France, Belgium and Brazil lagged somewhat behind, together comprising a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +135.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest crude glycerol suppliers to the Netherlands were Germany ($X), Spain ($X) and Indonesia ($X), together comprising 68% of total imports. Argentina, France, the UK, the United States, Belgium and Brazil lagged somewhat behind, together comprising a further 25%.

In terms of the main suppliers, the United States, with a CAGR of +126.5%, saw 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 average crude glycerol import price stood at $X per ton in 2021, increasing by 32% against the previous year. Over the period under review, the import price, however, showed a pronounced descent. The pace of growth was the most pronounced in 2018 an increase of 56% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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