Greece - Phosphoric Acid and Polyphosphoric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPhosphoric Acid Price in Greece - 2023
Contents:
- Phosphoric Acid Price in Greece (CIF) - 2023
- Phosphoric Acid Price in Greece (FOB) - 2022
- Phosphoric Acid Imports in Greece
- Phosphoric Acid Exports in Greece
Phosphoric Acid Price in Greece (CIF) - 2023
The average phosphoric acid import price stood at $1,509 per ton in August 2023, reducing by -15.7% against the previous month. Overall, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 130% m-o-m. As a result, import price reached the peak level of $2,336 per ton. From February 2023 to August 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was Israel ($1,636 per ton), while the price for China ($1,111 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Israel (+8.2%), while the prices for the other major suppliers experienced a decline.
Phosphoric Acid Price in Greece (FOB) - 2022
In 2022, the average phosphoric acid export price amounted to $2,606 per ton, picking up by 101% against the previous year. In general, the export price recorded a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($5,268 per ton), while the average price for exports to Serbia ($1,668 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 Hungary (+48.0%), while the prices for the other major destinations experienced more modest paces of growth.
Phosphoric Acid Imports in Greece
In 2022, the amount of phosphoric acid and polyphosphoric acids imported into Greece surged to 2.9K tons, with an increase of 58% on the previous year. In general, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.2% against 2020 indices.
In value terms, phosphoric acid imports surged to $5.4M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphoric Acid in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 213 | 233 | 71.9 | 2,286 | 120.6% |
| Israel | 1,680 | 2,261 | 1,355 | 1,789 | 2.1% |
| Turkey | N/A | 45.4 | 53.3 | 958 | 359.4% |
| Czech Republic | 184 | 20.1 | N/A | N/A | -89.1% |
| Others | 89.4 | 169 | 357 | 325 | 53.8% |
| Total | 2,166 | 2,729 | 1,836 | 5,358 | 35.2% |
Top Suppliers of Phosphoric Acid to Greece in 2022:
- Israel (1377.0 tons)
- China (1043.7 tons)
- Turkey (346.8 tons)
Phosphoric Acid Exports in Greece
Phosphoric acid exports from Greece soared to 356 tons in 2022, increasing by 36% compared with the previous year's figure. Over the period under review, exports, however, showed a significant contraction.
In value terms, phosphoric acid exports surged to $929K in 2022. Overall, exports, however, recorded a mild decrease.
| Export of Phosphoric Acid in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | 39.1 | N/A | 43.2 | 368 | 111.1% |
| Bulgaria | 485 | 21.8 | 40.0 | 199 | -25.7% |
| North Macedonia | 80.2 | 10.6 | 47.0 | 102 | 8.3% |
| Romania | 231 | 114 | 91.8 | 87.0 | -27.8% |
| Germany | N/A | N/A | N/A | 60.5 | 0% |
| Hungary | 78.4 | N/A | 44.4 | 55.9 | -10.7% |
| Albania | 8.3 | 17.4 | 16.0 | 52.3 | 84.7% |
| Cyprus | 36.7 | 34.5 | 57.5 | 4.0 | -52.2% |
| Others | 7.3 | 28.7 | 0.1 | N/A | -88.3% |
| Total | 965 | 227 | 340 | 929 | -1.3% |
Top Export Markets for Phosphoric Acid from Greece in 2022:
- Serbia (220.5 tons)
- Bulgaria (53.6 tons)
- North Macedonia (24.0 tons)
- Romania (19.9 tons)
- Hungary (13.5 tons)
- Albania (12.6 tons)
- Germany (11.5 tons)
- Cyprus (1.0 tons)
This report provides an in-depth analysis of the phosphoric 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 20132455 - Phosphoric acid and polyphosphoric acids
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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