Greece - Propene (Propylene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPropene Price in Greece - 2023
Contents:
- Propene Price in Greece (CIF) - 2022
- Propene Price in Greece (FOB) - 2022
- Propene Imports in Greece
- Propene Exports in Greece
Propene Price in Greece (CIF) - 2022
In 2022, the average propene import price amounted to $1,430 per ton, with an increase of 8.5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 53% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($1,717 per ton), while the price for Italy ($865 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+19.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Propene Price in Greece (FOB) - 2022
The average propene export price stood at $7,225 per ton in 2022, which is down by -4.3% against the previous year. Over the period under review, the export price, however, recorded temperate growth. The pace of growth was the most pronounced in 2013 an increase of 43%. The export price peaked at $10,208 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($10,807 per ton), while the average price for exports to Cyprus ($4,548 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 United States (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Propene Imports in Greece
In 2022, approx. 72K tons of propene (propylene) were imported into Greece; picking up by 15% on 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 -8.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. As a result, imports attained the peak of 79K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, propene imports skyrocketed to $103M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.8% 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 +99.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 31%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Propene in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 16.0 | 48.5 | 203.1% |
| Turkey | 16.2 | 30.1 | 24.4 | 25.3 | 16.0% |
| Saudi Arabia | N/A | N/A | 5.1 | 11.9 | 133.3% |
| Spain | N/A | 3.1 | 5.4 | 9.9 | 78.7% |
| Italy | 34.7 | 28.2 | 28.0 | 6.6 | -42.5% |
| Others | 1.1 | 6.6 | 4.2 | 1.2 | 2.9% |
| Total | 51.9 | 68.1 | 83.0 | 103 | 25.7% |
Top Suppliers of Propene to Greece in 2022:
- Netherlands (33.5K tons)
- Turkey (17.8K tons)
- Italy (7.6K tons)
- Saudi Arabia (6.9K tons)
- Spain (6.3K tons)
Propene Exports in Greece
After three years of growth, overseas shipments of propene (propylene) decreased by -3.6% to 17 tons in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 278% against the previous year. As a result, the exports reached the peak of 18 tons, and then dropped in the following year.
In value terms, propene exports contracted to $124K in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 266%. As a result, the exports attained the peak of $134K, and then fell in the following year.
| Export of Propene in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 71.3 | 0% |
| Bulgaria | N/A | N/A | 3.0 | 18.2 | 506.7% |
| Romania | 7.9 | 2.9 | 19.7 | 12.5 | 16.5% |
| Cyprus | N/A | 21.6 | 9.0 | 12.3 | -24.5% |
| Poland | N/A | N/A | 6.3 | 5.8 | -7.9% |
| North Macedonia | 21.4 | 11.8 | 59.1 | 1.6 | -57.9% |
| United Kingdom | N/A | N/A | 27.5 | N/A | 0% |
| Serbia | N/A | N/A | 9.4 | N/A | 0% |
| Others | N/A | 0.4 | 0.3 | 2.0 | 123.6% |
| Total | 29.3 | 36.7 | 134 | 124 | 61.8% |
Top Export Markets for Propene from Greece in 2022:
- Germany (6.6 tons)
- Bulgaria (3.8 tons)
- Cyprus (2.7 tons)
- Romania (2.5 tons)
- Poland (1.0 tons)
- North Macedonia (0.2 tons)
This report provides an in-depth analysis of the propene 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 20141140 - Propene (propylene)
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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