Greece - Amino Resins - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 2, 2024

Greece - Amino Resins - Market Analysis, Forecast, Size, Trends And Insights

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Amino Resin Price in Greece - 2023

Contents:

  1. Amino Resin Price in Greece (CIF) - 2023
  2. Amino Resin Price in Greece (FOB) - 2023
  3. Amino Resin Imports in Greece
  4. Amino Resin Exports in Greece

Amino Resin Price in Greece (CIF) - 2023

The average amino resin import price stood at $2,280 per ton in August 2023, with a decrease of -4.1% against the previous month. Over the period under review, the import price saw a mild curtailment. The pace of growth appeared the most rapid in October 2022 an increase of 6.9% m-o-m. The import price peaked at $2,826 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Turkey ($2,797 per ton) and Belgium ($2,671 per ton), while the price for Germany ($2,158 per ton) and South Korea ($2,200 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (-0.4%), while the prices for the other major suppliers experienced a decline.

Amino Resin Price in Greece (FOB) - 2023

In August 2023, the average amino resin export price amounted to $3,158 per ton, shrinking by -23.5% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 50% month-to-month. As a result, the export price attained the peak level of $6,873 per ton. From April 2023 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($6,664 per ton), while the average price for exports to Albania ($2,568 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Amino Resin Imports in Greece

In 2022, the amount of amino resins imported into Greece shrank to 13K tons, with a decrease of -7.9% compared with the year before. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of 14K tons, and then shrank in the following year.

In value terms, amino resin imports declined modestly to $37M in 2022. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 85%. As a result, imports attained the peak of $39M, and then dropped in the following year.

Import of Amino Resin in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.75.411.07.8123.4%
South Korea2.62.16.27.743.6%
Netherlands10.06.38.26.5-13.4%
Hungary1.72.34.56.455.6%
Germany1.52.12.82.417.0%
Spain1.11.02.51.920.0%
Turkey0.70.70.91.837.0%
Italy1.30.92.01.30.0%
Others0.40.41.11.555.4%
Total19.821.239.237.423.6%

Top Suppliers of Amino Resin to Greece in 2022:

  1. Belgium (3.0K tons)
  2. South Korea (2.9K tons)
  3. Hungary (2.3K tons)
  4. Netherlands (2.0K tons)
  5. Germany (0.8K tons)
  6. Turkey (0.6K tons)
  7. Spain (0.6K tons)
  8. Italy (0.4K tons)

Amino Resin Exports in Greece

Amino resin exports from Greece expanded significantly to 1.4K tons in 2022, increasing by 10% on the previous year's figure. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, amino resin exports declined dramatically to $5.5M in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 105%. As a result, the exports reached the peak of $6.7M, and then shrank dramatically in the following year.

Export of Amino Resin in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Albania3.932.81,4571,909688.1%
Bulgaria55745362189217.0%
India83.217639237465.0%
Cyprus3083613823160.9%
Romania42.365.726728388.4%
Israel12870650326327.1%
United States4674231,329254-18.4%
Serbia14017023219311.3%
Turkey10315.466.116617.2%
Netherlands11378.025015310.6%
Croatia37.166.768.895.337.0%
North Macedonia15669.147.127.8-43.7%
Hungary53.755.011922.4-25.3%
Others31857292853719.1%
Total2,5123,2436,6635,48529.7%

Top Export Markets for Amino Resin from Greece in 2022:

  1. Albania (590.9 tons)
  2. Bulgaria (217.3 tons)
  3. Romania (114.5 tons)
  4. Cyprus (76.4 tons)
  5. India (54.9 tons)
  6. Serbia (50.3 tons)
  7. Netherlands (39.4 tons)
  8. Israel (38.6 tons)
  9. United States (37.2 tons)
  10. Turkey (26.2 tons)
  11. Croatia (23.0 tons)
  12. North Macedonia (12.4 tons)
  13. Hungary (5.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the amino resin market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)

Country coverage:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Amino Resins in Primary Forms (Excluding Urea and Thiourea Resins, Melamine Resins) - Greece