Greece: Odoriferous Substance Mixture Market Overview 2020

Odoriferous Substance Mixture Market Size in Greece

The revenue of the odoriferous substance mixture market in Greece amounted to $X in 2018, lowering by -X% against the previous year. Over the period under review, odoriferous substance mixture consumption, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Odoriferous substance mixture consumption peaked at $X in 2009; however, from 2010 to 2018, consumption stood at a somewhat lower figure.

Odoriferous Substance Mixture Production in Greece

In value terms, odoriferous substance mixture production totaled $X in 2018 estimated in export prices. Overall, the total output indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, odoriferous substance mixture production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2014 when production volume increased by X% year-to-year. In that year, odoriferous substance mixture production attained its peak level of $X. From 2015 to 2018, odoriferous substance mixture production growth remained at a lower figure.

Odoriferous Substance Mixture Exports

Exports from Greece

Odoriferous substance mixture exports from Greece totaled X tonnes in 2018, jumping by X% against the previous year. Overall, odoriferous substance mixture exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. In that year, odoriferous substance mixture exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, odoriferous substance mixture exports amounted to $X in 2018. In general, odoriferous substance mixture exports continue to indicate temperate growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, odoriferous substance mixture exports attained their peak figure at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

Nigeria (X tonnes), Cyprus (X tonnes) and Yemen (X tonnes) were the main destinations of odoriferous substance mixture exports from Greece, together accounting for X% of total exports. Albania, Serbia, Romania, Spain, Thailand, Poland, Turkey, Russia and China lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Spain (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) remains the key foreign market for odoriferous substance mixture exports from Greece, comprising X% of total odoriferous substance mixture exports. The second position in the ranking was occupied by Romania ($X), with a X% share of total exports. It was followed by Cyprus, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Nigeria stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+X% per year) and Cyprus (+X% per year).

Export Prices by Country

The average odoriferous substance mixture export price stood at $X per tonne in 2018, dropping by -X% against the previous year. Over the period under review, the odoriferous substance mixture export price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2012 an increase of X% year-to-year. Over the period under review, the average export prices for mixtures of odoriferous substances and their preparations attained their peak figure at $X per tonne in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Russia ($X per tonne), while the average price for exports to Yemen ($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 China, while the prices for the other major destinations experienced mixed trend patterns.

Odoriferous Substance Mixture Imports

Imports into Greece

In 2018, the odoriferous substance mixture imports into Greece amounted to X tonnes, jumping by X% against the previous year. Overall, odoriferous substance mixture imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Over the period under review, odoriferous substance mixture imports reached their peak figure at X tonnes in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, odoriferous substance mixture imports amounted to $X in 2018. Overall, odoriferous substance mixture imports continue to indicate a mild drop. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

Ireland (X tonnes), France (X tonnes) and Switzerland (X tonnes) were the main suppliers of odoriferous substance mixture imports to Greece, together accounting for X% of total imports. These countries were followed by Germany, Spain, the Netherlands and Bulgaria, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Bulgaria, while the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) constituted the largest supplier of odoriferous substance mixture to Greece, comprising X% of total odoriferous substance mixture imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

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

Import Prices by Country

The average odoriferous substance mixture import price stood at $X per tonne in 2018, falling by -X% against the previous year. Overall, the odoriferous substance mixture import price continues to indicate a temperate downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for mixtures of odoriferous substances and their preparations reached their peak figure at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox AI Platform