Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Greece - 2023

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Greece (CIF) - 2023
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Greece (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Greece
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Greece

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Greece (CIF) - 2023

In November 2023, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $6,003 per ton, reducing by -14% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average import price increased by 665% m-o-m. The import price peaked at $62,752 per ton in April 2023; however, from May 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($69,721 per ton), while the price for China ($4,619 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Greece (FOB) - 2022

In 2022, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $26,601 per ton, almost unchanged from the previous year. In general, the export price, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by 40% against the previous year. The export price peaked at $33,532 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($60,489 per ton), while the average price for exports to Germany ($22,279 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 Romania (+56.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Greece

In 2022, overseas purchases of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses were finally on the rise to reach 429 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed pronounced growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses expanded significantly to $3M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Greece in 2022:

1. China (347.4 tons)
2. Poland (38.6 tons)
3. Germany (34.1 tons)
4. Italy (3.5 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Greece

In 2022, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses from Greece dropped remarkably to 12 tons, which is down by -33.3% on the previous year. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 2.2% against the previous year.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses contracted sharply to $328K in 2022. Overall, exports faced a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 7.8% against the previous year. As a result, the exports attained the peak of $496K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Greece in 2022:

1. Germany (10.8 tons)
2. Cyprus (1.2 tons)

Source: IndexBox Market Intelligence Platform