Greece - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Greece - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights

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Carboxylic Acid Price in Greece - 2023

Contents:

  1. Carboxylic Acid Price in Greece (CIF) - 2023
  2. Carboxylic Acid Price in Greece (FOB) - 2022
  3. Carboxylic Acid Imports in Greece
  4. Carboxylic Acid Exports in Greece

Carboxylic Acid Price in Greece (CIF) - 2023

The average carboxylic acid import price stood at $7,262 per ton in July 2023, with an increase of 116% against the previous month. Overall, the import price continues to indicate tangible growth. The pace of growth was the most pronounced in February 2023 an increase of 357% month-to-month. As a result, import price reached the peak level of $20,748 per ton. From March 2023 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($13,143 per ton), while the price for China ($1,345 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Carboxylic Acid Price in Greece (FOB) - 2022

In 2022, the average carboxylic acid export price amounted to $12,189 per ton, with an increase of 10% against the previous year. Overall, the export price posted strong growth. The growth pace was the most rapid in 2013 an increase of 88%. The export price peaked at $13,017 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($24,562 per ton), while the average price for exports to Romania ($5,895 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+58.2%), while the prices for the other major destinations experienced more modest paces of growth.

Carboxylic Acid Imports in Greece

In 2022, the amount of carboxylic acid with alcohol, phenol, aldehyde or ketone functions imported into Greece rose rapidly to 5.3K tons, increasing by 14% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, imports reached the peak of 6.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, carboxylic acid imports expanded notably to $23M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 95% against the previous year. As a result, imports reached the peak of $24M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Carboxylic Acid in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus7.013.110.08.46.3%
Spain0.92.72.83.151.0%
China0.30.81.23.0115.4%
France0.61.01.31.432.6%
Italy0.70.71.10.98.7%
Germany0.51.21.50.817.0%
Belgium0.40.40.40.826.0%
PolandN/AN/A0.10.5400.0%
Bulgaria0.20.30.60.1-20.6%
Others1.53.52.43.633.9%
Total12.123.721.422.623.2%

Top Suppliers of Carboxylic Acid to Greece in 2022:

  1. China (1301.4 tons)
  2. Spain (1263.7 tons)
  3. Cyprus (1048.0 tons)
  4. France (513.8 tons)
  5. Belgium (284.2 tons)
  6. Poland (208.8 tons)
  7. Italy (195.2 tons)
  8. Germany (72.2 tons)
  9. Bulgaria (9.8 tons)

Carboxylic Acid Exports in Greece

In 2022, the amount of carboxylic acid with alcohol, phenol, aldehyde or ketone functions exported from Greece fell dramatically to 94 tons, waning by -19.5% on 2021 figures. Overall, exports faced a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 52% against the previous year.

In value terms, carboxylic acid exports fell to $1.2M in 2022. In general, exports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2021 with an increase of 29%.

Export of Carboxylic Acid in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia27642659370136.4%
Bulgaria48934663.1213-24.2%
Cyprus29.468.127.769.032.9%
Albania34.936.157.647.410.7%
Romania82.742.314829.8-28.8%
Egypt12.6N/AN/A25.426.3%
Italy20.615.4N/A24.55.9%
Germany1670.8N/A5.4-68.1%
Togo149N/AN/AN/A0%
Others68.872.440534.9-20.2%
Total1,3311,0071,2951,151-4.7%

Top Export Markets for Carboxylic Acid from Greece in 2022:

  1. Croatia (58.1 tons)
  2. Bulgaria (8.7 tons)
  3. Cyprus (5.9 tons)
  4. Romania (5.1 tons)
  5. Albania (5.1 tons)
  6. Italy (3.9 tons)
  7. Egypt (2.0 tons)
  8. Germany (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carboxylic acid 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions

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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