Production of Glycerol in Greece - 2022
Glycerol Production in Greece - 2022
In 2022, approx. 11K tons of glycerol were produced in Greece; declining by -41.1% against 2021. Over the period under review, production saw a sharp decrease. The most prominent rate of growth was recorded in 2018 with a decrease of -3%. Glycerol production peaked at 45K tons in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.
In value terms, glycerol production shrank significantly to $5.1M in 2022 estimated in export price. Overall, production, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 132%. As a result, production reached the peak level of $6.4M, and then declined notably in the following year.
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