Greece: Acrylic Polymer Market Overview 2020

Acrylic Polymer Market Size in Greece

The revenue of the acrylic polymer market in Greece amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, acrylic polymer consumption continues to indicate a mild decrease. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. Over the period under review, the acrylic polymer market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Acrylic Polymer Production in Greece

In value terms, acrylic polymer production amounted to $X in 2018 estimated in export prices. Over the period under review, acrylic polymer production, however, continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2009 when production volume decreased by -X% y-o-y. Over the period under review, acrylic polymer production reached its maximum level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Acrylic Polymer Exports

Exports from Greece

In 2018, approx. X tonnes of acrylic polymers (in primary forms) were exported from Greece; surging by X% against the previous year. Overall, acrylic polymer exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. In that year, acrylic polymer exports reached their peak of X tonnes. From 2009 to 2018, the growth of acrylic polymer exports remained at a somewhat lower figure.

In value terms, acrylic polymer exports stood at $X in 2018. Overall, acrylic polymer exports continue to indicate pronounced growth. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. In that year, acrylic polymer exports reached their peak of $X. From 2009 to 2018, the growth of acrylic polymer exports remained at a somewhat lower figure.

Exports by Country

Cyprus (X tonnes), Turkey (X tonnes) and Serbia (X tonnes) were the main destinations of acrylic polymer exports from Greece, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X), Turkey ($X) and Tunisia ($X) were the largest markets for acrylic polymer exported from Greece worldwide, with a combined X% share of total exports.

Among the main countries of destination, Turkey experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average acrylic polymer export price stood at $X per tonne in 2018, rising by X% against the previous year. Over the period under review, the acrylic polymer export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the average export prices for acrylic polymers (in primary forms) attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for acrylic polymers (in primary forms) remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Tunisia ($X per tonne), while the average price for exports to Serbia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Egypt, while the prices for the other major destinations experienced more modest paces of growth.

Acrylic Polymer Imports

Imports into Greece

In 2018, approx. X tonnes of acrylic polymers (in primary forms) were imported into Greece; picking up by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, acrylic polymer imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, acrylic polymer imports totaled $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, acrylic polymer imports attained their peak figure in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest supplier of acrylic polymer to Greece, accounting for a X% share of total imports. Moreover, acrylic polymer imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X tonnes), threefold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Italy (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of acrylic polymer to Greece, comprising X% of total acrylic polymer imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and France (-X% per year).

Import Prices by Country

In 2018, the average acrylic polymer import price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the acrylic polymer import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the Netherlands ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform