Greece Imports Surge in Crude Glycerol Amid Detergent Demand Boom
Greek Importers Boost Crude Glycerol Purchases Amid Growing Demand for Biofuels
• Greek imports of crude glycerol rose 12% year-over-year to 30,000 metric tons in June.
• The surge in demand is driven by a significant increase in production at local biofuel refineries.
• Prices for crude glycerol remain stable at around $450 per metric ton.
Greek importers have increased their purchases of crude glycerol in recent months as the country’s detergent and soap manufacturers ramp up production to meet growing domestic demand. The boost is also driven by a significant increase in production at local biofuel refineries, which are seeking to capitalize on favorable market conditions. As a result, Greek imports of the commodity are expected to remain strong throughout the summer months.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 90,155 | 43,796 |
| 2021 | 26,737 | 74,140 |
| 2022 | 79,812 | 153,735 |
| 2023 | 242,776 | 123,061 |
| 2024 | 196,857 | 89,289 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Romania | 98,040 | 25,028 |
| Bulgaria | 46,100 | 6,832 |
| XS | 26,572 | 7,917 |
| Germany | 22,538 | 22,550 |
| Finland | 2,133 | 23,689 |
| Italy | 1,200 | 576 |
| Poland | 251 | 1,480 |
| Spain | 20 | 1,096 |
| United Kingdom | 3 | 121 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Romania | 126,700 | 44,916 |
| Bulgaria | 69,580 | 18,255 |
| Germany | 45,367 | 46,965 |
| Finland | 1,011 | 12,235 |
| Spain | 74 | 554 |
| Italy | 40 | 89 |
| United Kingdom | 4 | 47 |
