Greece: Toluene Market 2024

Toluene Market Size in Greece

The Greek toluene market declined to $X in 2022, falling by X% against the previous year. In general, consumption recorded a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Toluene Production in Greece

In value terms, toluene production reduced to $X in 2022 estimated in export price. Overall, production recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Toluene production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Toluene Exports

Exports from Greece

In 2022, exports of toluene from Greece shrank markedly to X tons, with a decrease of X% against 2021. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, toluene exports contracted sharply to $X in 2022. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Cyprus (X tons) was the main destination for toluene exports from Greece, accounting for a X% share of total exports. Moreover, toluene exports to Cyprus exceeded the volume sent to the second major destination, Romania (X tons), more than tenfold. The third position in this ranking was taken by Poland (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Cyprus totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Poland (X.0% per year).

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

From 2012 to 2022, the average annual growth rate of value to Cyprus totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Poland (X.7% per year).

Export Prices by Country

The average toluene export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

Toluene Imports

Imports into Greece

In 2022, purchases abroad of toluene increased by X% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, toluene imports soared to $X in 2022. Overall, imports enjoyed strong growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of toluene to Greece, accounting for a X% share of total imports. Moreover, toluene imports from Spain exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Slovakia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Slovakia (X% per year).

In value terms, Spain ($X) constituted the largest supplier of toluene to Greece, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Belgium, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average toluene import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, continues to indicate a pronounced decline. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :