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Crude glycerin: top exporters and importers (2024)

In 2024, world trade in crude glycerin totaled $2.6 billion (5.1 million tonnes). The top exporters were Indonesia (34%), Germany (18%) and Malaysia (12%); the top importers were China (31%), the United States (7%) and the Netherlands (6%). Compared with 2019, the value rose 41%.

Summary

World trade
$2.6billion
Tonnes
5.1million tonnes
Price per tonne
$510
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Indonesia$882 million · 33.6%
  2. Germany$475 million · 18.1%
  3. Malaysia$306 million · 11.7%
  4. Brazil$217 million · 8.3%
  5. Netherlands$121 million · 4.6%
    re-exports
  6. United States$76 million · 2.9%
  7. Belgium$52 million · 2%
    re-exports
  8. Argentina$51 million · 1.9%
  9. Thailand$42 million · 1.6%
  10. Spain$35 million · 1.3%
  11. Poland$34 million · 1.3%
  12. France$31 million · 1.2%
  13. Denmark$27 million · 1%
  14. India$26 million · 0.99%
  15. Canada$23 million · 0.87%
  16. Italy$21 million · 0.79%
  17. Czechia$20 million · 0.75%
  18. Austria$16 million · 0.61%
  19. Colombia$13 million · 0.48%
  20. Bulgaria$11 million · 0.43%

Top importers

  1. China$816 million · 31.1%
  2. United States$188 million · 7.2%
  3. Netherlands$144 million · 5.5%
    re-exports
  4. Denmark$116 million · 4.4%
  5. India$93 million · 3.5%
  6. Malaysia$81 million · 3.1%
  7. Germany$80 million · 3.1%
  8. France$79 million · 3%
  9. Japan$74 million · 2.8%
  10. United Kingdom$64 million · 2.4%
  11. Italy$64 million · 2.4%
  12. Mexico$63 million · 2.4%
  13. Czechia$49 million · 1.9%
  14. Poland$45 million · 1.7%
  15. Canada$45 million · 1.7%
  16. Thailand$44 million · 1.7%
  17. Spain$44 million · 1.7%
  18. Belgium$35 million · 1.3%
    re-exports
  19. South Korea$35 million · 1.3%
  20. Switzerland$26 million · 1%

Trend

Who sells it

Indonesia has been the top exporter since 2018

Value in USD billions. The five largest exporters in 2024.

  • Indonesia 0.88
  • Germany 0.47
  • Malaysia 0.31
  • Brazil 0.22
  • Netherlands 0.12

Source: CEPII BACI

Show the numbers
Country19952024
Indonesia0.040.88
Germany0.160.47
Malaysia0.150.31
Brazil0.010.22
Netherlands0.040.12

Price

Implied price

The price per tonne fell 70% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $510

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,684
1996$1,200
1997$951
1998$749
1999$776
2000$1,030
2001$867
2002$475
2003$888
2004$778
2005$589
2006$544
2007$635
2008$914
2009$453
2010$433
2011$505
2012$583
2013$651
2014$564
2015$465
2016$412
2017$535
2018$644
2019$435
2020$449
2021$709
2022$1,084
2023$590
2024$510

What it includes

  • 1520 · Crude glycerin

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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