As of 2023, Indonesia leads the global glycerol export market with $541.96 million, followed by Malaysia, Germany, and the Netherlands. Key players like Brazil and Argentina have shown substantial growth, with Brazil experiencing a 3.55% year-on-year increase. Thailand demonstrated rapid growth at 13.89% in 2023. Meanwhile, Singapore and Mexico saw declines of -22.35% and -14.71%, respectively. Overall, the market is experiencing a mild growth trajectory with variations influenced by regional economic activities.
Going forward, global glycerol export demand is expected to remain robust, driven by the increasing application in pharmaceuticals, personal care, and food industries. Monitoring regional policy changes, technological advancements, and eco-friendly product preferences will be crucial to understanding future trends in glycerol exports.
Top countries in Export of Glycerol (Glycerine) by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 541,960,000 | 2023 | +4.93% | +2.81% | View data |
| 2 | 2 Malaysia | 425,140,000 | 2023 | +3.49% | +2.17% | View data |
| 3 | 3 Germany | 374,280,000 | 2023 | +2.93% | +1.33% | View data |
| 4 | 4 Netherlands | 270,000,000 | 2023 | +4.43% | +2.97% | View data |
| 5 | 5 Brazil | 187,720,000 | 2023 | +5.13% | +3.55% | View data |
| 6 | 6 Argentina | 124,530,000 | 2023 | +3.76% | +3.31% | View data |
| 7 | 7 France | 97,072,000 | 2023 | +2.97% | +2.04% | View data |
| 8 | 8 Thailand | 90,678,000 | 2023 | +4.4% | +13.89% | View data |
| 9 | 9 Spain | 86,496,000 | 2023 | +5.56% | +3.58% | View data |
| 10 | 10 United States | 85,619,000 | 2023 | +3.83% | +1.28% | View data |