Greece - Synthetic Organic Coloring Matter And Pigments - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Greece - Synthetic Organic Coloring Matter And Pigments - Market Analysis, Forecast, Size, Trends and Insights

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Organic Pigments Price in Greece - 2023

Contents:

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

Organic Pigments Price in Greece (FOB) - 2023

The average organic pigments export price stood at $3,525 per ton in July 2023, standing approximately at the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 14% month-to-month. The export price peaked at $3,742 per ton in August 2022; however, from September 2022 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($4,630 per ton), while the average price for exports to Egypt ($2,124 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Organic Pigments Price in Greece (CIF) - 2023

The average organic pigments import price stood at $9,449 per ton in July 2023, rising by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The growth pace was the most rapid in December 2022 an increase of 44% month-to-month. Over the period under review, average import prices reached the maximum in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($35,715 per ton), while the price for Turkey ($3,315 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 (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Organic Pigments Exports in Greece

In 2022, overseas shipments of synthetic organic coloring matter and pigments decreased by -21.4% to 22K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 11%.

In value terms, organic pigments exports reduced to $82M in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 29%. As a result, the exports attained the peak of $92M, and then fell in the following year.

Export of Organic Pigments in Greece (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China6.27.09.322.5%
Turkey6.87.89.115.7%
France3.95.16.832.0%
Russia2.32.86.568.1%
Romania5.15.26.210.3%
Germany3.63.24.714.3%
Poland3.33.54.516.8%
Israel2.73.14.021.7%
Bulgaria2.33.04.031.9%
Serbia2.22.73.118.7%
Egypt2.12.63.019.5%
Italy1.91.72.514.7%
Spain1.41.21.66.9%
Others21.122.526.812.7%
Total64.771.492.319.4%

Top Export Markets for Organic Pigments from Greece in 2022:

  1. Turkey (3.5K tons)
  2. China (2.6K tons)
  3. Russia (2.1K tons)
  4. Romania (1.9K tons)
  5. Poland (1.7K tons)
  6. Israel (1.6K tons)
  7. France (1.6K tons)
  8. Germany (1.3K tons)
  9. Serbia (1.1K tons)
  10. Italy (1.0K tons)
  11. Egypt (1.0K tons)
  12. Bulgaria (1.0K tons)
  13. Spain (0.7K tons)

Organic Pigments Imports in Greece

Organic pigments imports into Greece contracted to 4K tons in 2022, which is down by -14.2% compared with the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of 4.6K tons, and then declined in the following year.

In value terms, organic pigments imports dropped to $31M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of $35M, and then reduced in the following year.

Import of Organic Pigments in Greece (Million USD)
COUNTRY201920202021CAGR,
2019-2021
India4.95.18.027.8%
Germany6.16.87.913.8%
Italy3.32.83.98.7%
Cyprus2.91.62.4-9.0%
China1.51.52.118.3%
Belgium2.11.41.9-4.9%
Netherlands2.22.81.7-12.1%
Poland1.10.81.38.7%
Sweden0.11.11.2246.4%
France0.70.40.913.4%
Spain0.50.40.934.2%
United Kingdom1.61.70.5-44.1%
Others2.51.82.3-4.1%
Total29.828.335.18.5%

Top Suppliers of Organic Pigments to Greece in 2022:

  1. India (1268.5 tons)
  2. Italy (790.1 tons)
  3. Germany (724.5 tons)
  4. China (332.0 tons)
  5. Cyprus (231.1 tons)
  6. Spain (226.9 tons)
  7. Sweden (199.4 tons)
  8. Belgium (167.7 tons)
  9. Poland (159.7 tons)
  10. France (96.9 tons)
  11. Netherlands (90.9 tons)
  12. United Kingdom (59.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the organic pigments 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 20122110 - Disperse dyes and preparations based thereon
  • Prodcom 20122120 - Acid and mordant dyes and preparations based thereon
  • Prodcom 20122130 - Basic dyes and preparations based thereon
  • Prodcom 20122140 - Direct dyes and preparations based thereon
  • Prodcom 20122150 - Other synthetic organic colouring matters
  • Prodcom 20122160 - Synthetic organic products used as fluorescent brightening agents
  • Prodcom 20122170 - Colour lakes, preparations based on colour lakes

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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