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Greece - Ethylene - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Ethylene Market 2024

Ethylene Market Size in Greece

The Greek ethylene market shrank to $X in 2021, remaining relatively unchanged against the previous year. In general, consumption showed a pronounced descent. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Ethylene Production in Greece

In value terms, ethylene production reached $X in 2021 estimated in export price. In general, production showed a abrupt downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 21% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

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Ethylene Exports

Exports from Greece

In 2021, shipments abroad of ethylene decreased by -43.5% to X kg, falling for the second consecutive year after two years of growth. Overall, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 1,159%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, ethylene exports shrank notably to $X in 2021. In general, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2019 when exports increased by 7,739% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Bulgaria (X kg) was the main destination for ethylene exports from Greece, with a 97% share of total exports. Moreover, ethylene exports to Bulgaria exceeded the volume sent to the second major destination, Cyprus (X kg), more than tenfold.

From 2014 to 2021, the average annual growth rate of volume to Bulgaria amounted to -3.5%.

In value terms, Bulgaria ($X) remains the key foreign market for ethylene exports from Greece, comprising 98% of total exports. The second position in the ranking was held by Cyprus ($X), with a 1.8% share of total exports.

From 2014 to 2021, the average annual growth rate of value to Bulgaria stood at -28.5%.

Export Prices by Country

In 2021, the average ethylene export price amounted to $X per ton, rising by 26% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2019 when the average export price increased by 523% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Cyprus stood at $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+20.0%), while the prices for the other major destinations experienced mixed trend patterns.

Ethylene Imports

Imports into Greece

Ethylene imports into Greece skyrocketed to X tons in 2021, growing by 348% compared with 2020. Over the period under review, imports, however, recorded a abrupt curtailment. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, ethylene imports declined sharply to $X in 2021. Overall, imports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 119% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of ethylene to Greece, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of ethylene to Greece.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

The average ethylene import price stood at $X per ton in 2021, waning by -82.7% against the previous year. Over the period under review, the import price faced a abrupt setback. The pace of growth was the most pronounced in 2013 an increase of 41%. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +53.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethylene in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 37% of global consumption. These countries were followed by Japan, Indonesia, Brazil, Pakistan, Russia, Nigeria, the UK, Qatar, Germany and Mexico, which together accounted for a further 27%.

What are the largest producers of ethylene in the world?

The countries with the highest volumes of production in 2021 were China, the United States and India, together accounting for 36% of global production. Japan, Brazil, Pakistan, the UK, Russia, Nigeria, Indonesia, Qatar, Mexico and Germany lagged somewhat behind, together accounting for a further 27%.

What are the leading suppliers of ethylene to Greece?

In value terms, China constituted the largest supplier of ethylene to Greece.

What are the leading importers of ethylene from Greece?

In value terms, Bulgaria $922) remains the key foreign market for ethylene exports from Greece, comprising 98% of total exports. The second position in the ranking was held by Cyprus $17), with a 1.8% share of total exports.

What is the average export price for ethylene in Greece?

The average ethylene export price stood at $3,172 per ton in 2021, picking up by 26% against the previous year.

What is the average import price for ethylene in Greece?

The average ethylene import price stood at $1,108 per ton in 2021, which is down by -82.7% against the previous year.

This report provides an in-depth analysis of the ethylene 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 20141130 - Ethylene

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023