Greece - Phenols - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 8, 2024

Greece - Phenols - Market Analysis, Forecast, Size, Trends and Insights

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Phenols Price in Greece - 2023

Contents:

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

Phenols Price in Greece (CIF) - 2022

In 2022, the average phenols import price amounted to $2,757 per ton, increasing by 24% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $3,078 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,477 per ton), while the price for Bulgaria ($1,105 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Phenols Price in Greece (FOB) - 2022

The average phenols export price stood at $7,617 per ton in 2022, reducing by -47.5% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of 1,360% against the previous year. The export price peaked at $46,724 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($16,254 per ton), while the average price for exports to Hungary ($4,976 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 Cyprus (-7.3%), while the prices for the other major destinations experienced a decline.

Phenols Imports in Greece

After three years of growth, overseas purchases of phenols decreased by -5.1% to 1.6K tons in 2022. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of 1.7K tons, and then declined in the following year.

In value terms, phenols imports soared to $4.4M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Phenols in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey6374541,2331,14221.5%
France8239631,0631,13911.4%
Germany24317447798559.4%
Italy96.642025022432.4%
Bulgaria31.834.582.184.538.5%
Others896793606803-3.6%
Total2,7282,8393,7124,37717.1%

Top Suppliers of Phenols to Greece in 2022:

  1. France (717.2 tons)
  2. Turkey (594.4 tons)
  3. Germany (103.9 tons)
  4. Bulgaria (76.5 tons)
  5. Italy (35.8 tons)

Phenols Exports in Greece

In 2022, approx. 7.9 tons of phenols were exported from Greece; increasing by 209% compared with the previous year's figure. In general, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 341%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, phenols exports surged to $60K in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 289%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Phenols in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BulgariaN/A0.29.118.8869.5%
IsraelN/AN/AN/A18.40%
HungaryN/AN/AN/A14.30%
Cyprus0.83.30.92.342.2%
Italy1.21.41.12.222.4%
Slovenia5.26.08.51.9-28.5%
NigeriaN/A17.1N/AN/A0%
Bosnia and HerzegovinaN/AN/A3.0N/A0%
Others0.72.814.92.654.9%
Total7.930.837.360.597.1%

Top Export Markets for Phenols from Greece in 2022:

  1. Slovenia (undefined tons)
  2. Bulgaria (3.5 tons)
  3. Hungary (2.9 tons)
  4. Israel (1.3 tons)
  5. Cyprus (0.2 tons)
  6. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the phenols 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 20142410 - Monophenols
  • Prodcom 20142433 - 4,4-Isopropylidenediphenol (bisphenol A, diphenylolpropane) a nd its salts
  • Prodcom 20142439 - Polyphenols (including salts, excluding 4,4 isopropylidenediphenol) and phenol-alcohols
  • Prodcom 20142450 - Halogenated, sulphonated, nitrated or nitrosated derivatives of phenols or phenol-alcohols

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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