Greece - Esters Of Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece - 2023
Contents:
- Price for Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece (CIF) - 2023
- Price for Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece (FOB) - 2022
- Imports of Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece
- Exports of Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece
Price for Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece (CIF) - 2023
In September 2023, the average import price for esters of acetic acid (excluding ethyl acetate) amounted to $1,769 per ton, picking up by 28% against the previous month. In general, the import price, however, showed a slight decrease. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 31% month-to-month. Over the period under review, average import prices attained the maximum at $2,443 per ton in October 2022; however, from November 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($9,277 per ton), while the price for Saudi Arabia ($1,116 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece (FOB) - 2022
In 2022, the average export price for esters of acetic acid (excluding ethyl acetate) amounted to $2,256 per ton, reducing by -20.2% against the previous year. In general, the export price faced a deep reduction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 177%. The export price peaked at $15,520 per ton in 2012; however, from 2013 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 Romania ($2,848 per ton), while the average price for exports to Italy ($1,742 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 the Czech Republic (+1,030.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece
Imports of esters of acetic acid (excluding ethyl acetate) into Greece rose markedly to 8.1K tons in 2022, growing by 8.4% on 2021. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.3% 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 +53.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of esters of acetic acid (excluding ethyl acetate) skyrocketed to $18M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 140% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.5 | 1.8 | 6.5 | 4.8 | 47.4% |
Russia | 1.9 | 1.6 | 2.0 | 3.0 | 16.4% |
United Kingdom | 0.6 | 0.5 | 0.6 | 2.2 | 54.2% |
Turkey | 1.3 | 1.4 | 3.5 | 1.9 | 13.5% |
Belgium | 0.3 | 0.2 | 1.1 | 1.9 | 85.0% |
China | 0.3 | 0.2 | 1.1 | 1.7 | 78.3% |
Saudi Arabia | N/A | N/A | N/A | 0.7 | 0% |
Netherlands | 1.4 | 0.1 | N/A | 0.6 | -24.6% |
Others | 0.8 | 0.7 | 1.0 | 1.4 | 20.5% |
Total | 7.9 | 6.5 | 15.7 | 18.2 | 32.1% |
Top Suppliers of Esters of Acetic Acid (Excluding Ethyl Acetate) to Greece in 2022:
- Germany (2337.5 tons)
- Russia (1292.3 tons)
- Turkey (990.1 tons)
- Belgium (877.8 tons)
- China (866.1 tons)
- United Kingdom (684.2 tons)
- Saudi Arabia (305.0 tons)
- Netherlands (197.4 tons)
Exports of Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece
In 2022, approx. 318 tons of esters of acetic acid (excluding ethyl acetate) were exported from Greece; with a decrease of -51.8% against 2021 figures. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 418% against the previous year. As a result, the exports attained the peak of 660 tons, and then contracted sharply in the following year.
In value terms, exports of esters of acetic acid (excluding ethyl acetate) contracted markedly to $717K in 2022. In general, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 898%. As a result, the exports attained the peak of $1.9M, and then fell dramatically in the following year.
Export of Esters of Acetic Acid (Excluding Ethyl Acetate) in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | N/A | 28.5 | 551 | 293 | 220.6% |
Albania | 105 | 107 | 146 | 173 | 18.1% |
Serbia | 13.3 | N/A | 317 | 172 | 134.7% |
Romania | 1.7 | 35.3 | 122 | 27.9 | 154.1% |
Lithuania | N/A | N/A | N/A | 25.0 | 0% |
Italy | 470 | 9.5 | 186 | 20.0 | -65.1% |
Cyprus | N/A | N/A | 75.4 | 1.2 | -98.4% |
Germany | N/A | N/A | 201 | N/A | 0% |
France | N/A | N/A | 106 | N/A | 0% |
Egypt | N/A | N/A | 53.9 | N/A | 0% |
Turkey | N/A | N/A | 91.8 | N/A | 0% |
Others | 24.1 | 6.1 | 15.2 | 6.6 | -35.1% |
Total | 614 | 187 | 1,865 | 717 | 5.3% |
Top Export Markets for Esters of Acetic Acid (Excluding Ethyl Acetate) from Greece in 2022:
- Bulgaria (135.8 tons)
- Albania (80.6 tons)
- Serbia (63.8 tons)
- Lithuania (13.8 tons)
- Italy (11.5 tons)
- Romania (9.8 tons)
- Cyprus (0.5 tons)
This report provides an in-depth analysis of the market for esters of acetic acid (excluding ethyl acetate) 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 20143219 - Esters of acetic acid (excluding ethyl acetate)
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
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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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