Greece - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSodium Triphosphate Price in Greece - 2023
Contents:
- Sodium Triphosphate Price in Greece (CIF) - 2023
- Sodium Triphosphate Price in Greece (FOB) - 2022
- Sodium Triphosphate Imports in Greece
- Sodium Triphosphate Exports in Greece
Sodium Triphosphate Price in Greece (CIF) - 2023
The average sodium triphosphate import price stood at $1,444 per ton in August 2023, which is down by -12.3% against the previous month. In general, the import price showed a perceptible decline. The pace of growth was the most pronounced in May 2023 an increase of 86% month-to-month. As a result, import price reached the peak level of $3,362 per ton. From June 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Bulgaria ($2,617 per ton), while the price for China stood at $1,407 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sodium Triphosphate Price in Greece (FOB) - 2022
In 2022, the average sodium triphosphate export price amounted to $3,497 per ton, with an increase of 59% against the previous year. Over the period under review, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 104% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($4,511 per ton), while the average price for exports to North Macedonia ($2,317 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 Turkey (+79.7%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Triphosphate Imports in Greece
Sodium triphosphate imports into Greece rose markedly to 785 tons in 2022, picking up by 6.3% compared with the year before. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 15%. As a result, imports reached the peak of 787 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sodium triphosphate imports soared to $1.6M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Triphosphate in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 151 | 59.6 | 213 | 418 | 40.4% |
| Tunisia | 93.5 | 97.2 | 114 | 315 | 49.9% |
| Sweden | 45.5 | 121 | 45.2 | 212 | 67.0% |
| China | 170 | 290 | 131 | 131 | -8.3% |
| Poland | 39.4 | 7.3 | 48.9 | 101 | 36.9% |
| Slovenia | 167 | 130 | 307 | 93.8 | -17.5% |
| Czech Republic | 48.6 | 55.3 | 68.1 | 88.5 | 22.1% |
| Bulgaria | 73.5 | 41.6 | 79.6 | 83.3 | 4.3% |
| France | N/A | 56.6 | 31.4 | N/A | -44.5% |
| Others | 34.1 | 47.3 | 18.1 | 108 | 46.9% |
| Total | 823 | 906 | 1,056 | 1,551 | 23.5% |
Top Suppliers of Sodium Triphosphate to Greece in 2022:
- Belgium (177.5 tons)
- Tunisia (170.7 tons)
- Sweden (107.8 tons)
- Poland (77.3 tons)
- Bulgaria (64.1 tons)
- China (62.4 tons)
- Czech Republic (53.8 tons)
- Slovenia (33.0 tons)
Sodium Triphosphate Exports in Greece
In 2022, after three years of growth, there was significant decline in shipments abroad of sodium triphosphate (sodium tripolyphosphates), when their volume decreased by -14.8% to 30 tons. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 28%. As a result, the exports attained the peak of 35 tons, and then declined in the following year.
In value terms, sodium triphosphate exports surged to $104K in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 49%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Sodium Triphosphate in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Albania | 20.2 | 22.4 | 35.6 | 66.3 | 48.6% |
| Netherlands | N/A | N/A | N/A | 20.1 | 0% |
| North Macedonia | 8.1 | N/A | 21.0 | 9.3 | 4.7% |
| Cyprus | 7.4 | 3.0 | 12.1 | 6.5 | -4.2% |
| Bulgaria | 5.1 | N/A | 0.4 | 2.2 | -24.4% |
| Italy | N/A | 26.0 | N/A | N/A | 0% |
| Romania | 1.3 | N/A | 7.2 | N/A | 135.3% |
| Others | 0.3 | 0.1 | 0.5 | N/A | 29.1% |
| Total | 42.5 | 51.5 | 76.9 | 104 | 34.8% |
Top Export Markets for Sodium Triphosphate from Greece in 2022:
- Albania (14.7 tons)
- Netherlands (8.5 tons)
- North Macedonia (4.0 tons)
- Cyprus (2.0 tons)
- Bulgaria (0.7 tons)
This report provides an in-depth analysis of the sodium triphosphate 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)
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.
-
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
-
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
-
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
-
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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