Greece: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Greece

In 2022, the Greek metal pickling preparations market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a abrupt setback. Metal pickling preparations consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Pickling Preparations Production in Greece

In value terms, metal pickling preparations production plummeted to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Metal Pickling Preparations Exports

Exports from Greece

In 2022, overseas shipments of pickling preparations for metal surfaces decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, metal pickling preparations exports soared to $X in 2022. In general, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Romania (X tons), Bulgaria (X tons) and Albania (X tons) were the main destinations of metal pickling preparations exports from Greece, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X) emerged as the key foreign market for pickling preparations for metal surfaces exports from Greece, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Cyprus amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Romania (X% per year).

Export Prices by Country

In 2022, the average metal pickling preparations export price amounted to $X per ton, rising by X% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Serbia ($X 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 Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Pickling Preparations Imports

Imports into Greece

In 2022, approx. X tons of pickling preparations for metal surfaces were imported into Greece; rising by X% on 2021. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, metal pickling preparations imports soared to $X in 2022. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Italy (X tons) constituted the largest metal pickling preparations supplier to Greece, accounting for a X% share of total imports. Moreover, metal pickling preparations imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

In value terms, Italy ($X), France ($X) and Germany ($X) constituted the largest metal pickling preparations suppliers to Greece, together comprising X% of total imports. Turkey, Belgium and Bulgaria lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal pickling preparations import price amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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