Price for Waste, Parings and Scrap, of Plastics in Greece - 2023

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Greece (FOB) - 2023
2. Price for Waste, Parings and Scrap, of Plastics in Greece (CIF) - 2023
3. Exports of Waste, Parings and Scrap, of Plastics in Greece
4. Imports of Waste, Parings and Scrap, of Plastics in Greece

Price for Waste, Parings and Scrap, of Plastics in Greece (FOB) - 2023

The average export price for waste, parings and scrap, of plasticses stood at $365 per ton in October 2023, standing approximately at the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 23% month-to-month. Over the period under review, the average export prices attained the maximum at $546 per ton in February 2023; however, from March 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Italy ($968 per ton), while the average price for exports to Malaysia ($174 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in Greece (CIF) - 2023

In October 2023, the average import price for waste, parings and scrap, of plasticses amounted to $144 per ton, with a decrease of -45.4% against the previous month. Overall, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 31% month-to-month. As a result, import price reached the peak level of $370 per ton. From January 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($285 per ton), while the price for the UK ($33.0 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Waste, Parings and Scrap, of Plastics in Greece

For the fourth consecutive year, Greece recorded growth in overseas shipments of waste, parings and scrap, of plasticses, which increased by 8% to 64K tons in 2022. The total export volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of waste, parings and scrap, of plasticses skyrocketed to $34M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Greece in 2022:

1. Bulgaria (21.2K tons)
2. Romania (10.5K tons)
3. Turkey (8.2K tons)
4. Malaysia (4.8K tons)
5. Netherlands (3.5K tons)
6. Germany (3.4K tons)
7. Latvia (2.7K tons)
8. Italy (2.4K tons)

Imports of Waste, Parings and Scrap, of Plastics in Greece

Imports of waste, parings and scrap, of plasticses into Greece skyrocketed to 39K tons in 2022, picking up by 20% against the previous year's figure. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of waste, parings and scrap, of plasticses surged to $16M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.8% 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 increased by +74.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Greece in 2022:

1. United Kingdom (12.1K tons)
2. Italy (4.2K tons)
3. Germany (4.2K tons)
4. Romania (3.7K tons)
5. Israel (3.6K tons)
6. Cyprus (3.6K tons)
7. Bulgaria (1.2K tons)
8. United States (1.0K tons)
9. Spain (0.2K tons)

Source: IndexBox Market Intelligence Platform