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Glycol Ether Price In Germany

  • Germany: 1297 USD/MT

In the final quarter of 2023, glycol ether prices in the European region initially increased due to production disruptions linked to volatile Ethylene Oxide prices and maintenance at Sasol's facility. Mid-quarter, prices fell as demand from cleaning agent and personal care product manufacturers declined, coupled with reduced Ethylene offtakes from downstream industries. The price of glycol ether in Germany dropped to 1297 USD/MT due to decreased Ethylene demand from downstream glycol industries, reducing Ethylene's cost support and adversely affecting glycol ether production costs. Towards the quarter's end, prices remained low amid a broader economic slowdown and growing feedstock inventories.

The latest report by IMARC Group, titled “Glycol Ether Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” delivers a comprehensive analysis of glycol ether prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The report also provides a detailed glycol ether price chart.

Glycol Ether Prices December 2023:

  • Germany: 1297 USD/MT

Report Offering:

  • Monthly Updates – Annual Subscription
  • Quarterly Updates – Annual Subscription
  • Biannually Updates – Annual Subscription

The study delves into the factors affecting glycol ether price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report:  https://www.imarcgroup.com/glycol-ether-pricing-report/requestsample

Glycol Ether Price Trend- Q4 2023

The glycol ether market is experiencing significant growth due to increased demand from the household & personal care sector, where glycol ethers are extensively used in products such as cleaning agents, cosmetics, and personal care items. Seasonal events and festivals in regions such as Asia, including the Lunar New Year and Seollal in South Korea and China, have further escalated consumption, leading to higher stocking practices among manufacturers. Additionally, the growth of the e-commerce sector has heightened global air cargo demand, influenced supply chain dynamics, and contributed to price fluctuations. Limited production rates due to high energy costs and constrained feedstock availability, notably ethylene and propylene, have further tightened supply, exacerbating the upward price trend. Geopolitical tensions and disruptions in key shipping routes, particularly in the Red Sea region, have also played a role in constraining supply chains and influencing market dynamics.

Glycol Ether Market Analysis

The global glycol ether market size reached 0.9 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 1.3 Million Tons, at a projected CAGR of 4.50% during 2023-2032. In North America, prices increased at the beginning of the first quarter of 2024 due to moderate to low availability of stocks and improved consumption post-new-year holidays. Exporter supplies were limited due to high energy costs and constrained ethylene supplies, impacted further by geopolitical tensions and the red sea crisis. The mid-quarter saw a further rise in prices driven by robust international demand from the household & personal care sector. However, production rates were hindered by sluggish feedstock availability, compounded by OPEC+ production cuts affecting upstream crude oil supplies. Towards the end of the quarter, rising global air cargo demand, fueled by e-commerce growth and shipping route disruptions, caused fluctuations in air freight rates and supplies, leading to increased quotations from exporters amidst firm demand from cosmetics manufacturers.

In the Asia-Pacific region, glycol ether prices rose by 6% from the previous quarter due to strong orders from cleaning agent manufacturers and increased consumption in the household sector ahead of the lunar new year. Mid-quarter, demand increased further amid the Seollal and Lunar New Year festivals in South Korea and China and the ongoing wedding season in India. The steady demand from the household sector during various festivals around the spring season also contributed to price increments. However, product availability was moderately low due to weak production rates, influenced by limited feedstock supplies and global disruptions in shipping routes. In Europe, the glycol ether market witnessed a bullish trend, with prices rising by almost 10% from the previous quarter. The initial phase of the quarter was marked by high energy costs and weak feedstock ethylene availability, with geopolitical tensions and the Red Sea crisis exacerbating supply chain disruptions.

Browse Full Report: https://www.imarcgroup.com/glycol-ether-pricing-report

Key Points Covered in the Glycol Ether Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

  • Glycol Ether Prices
  • Glycol Ether Price Trend
  • Glycol Ether Demand & Supply
  • Glycol Ether Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Glycol Ether Price Analysis
  • Glycol Ether Industry Drivers, Restraints, and Opportunities
  • Glycol Ether News and Recent developments
  • Global Event Analysis
  • List of Key Players

Regional Price Analysis:

  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Browse More Pricing Reports by IMARC Group:

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

About Us:

IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-114

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