Greece: Market for Unsaturated Polyesters In Primary Forms 2024

Market Size for Unsaturated Polyesters In Primary Forms in Greece

The Greek market for unsaturated polyesters in primary forms dropped to $X in 2022, waning by X% against the previous year. In general, consumption, however, recorded prominent growth. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Production of Unsaturated Polyesters In Primary Forms in Greece

In value terms, unsaturated polyesters in primary forms production soared to $X in 2022 estimated in export price. Overall, production enjoyed significant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in the near future.

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Exports of Unsaturated Polyesters In Primary Forms

Exports from Greece

In 2022, overseas shipments of unsaturated polyesters in primary forms decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, posted a mild increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, unsaturated polyesters in primary forms exports contracted to $X in 2022. Overall, exports showed a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Cyprus (X tons), Turkey (X tons) and Morocco (X tons) were the main destinations of unsaturated polyesters in primary forms exports from Greece, with a combined X% share of total exports. Serbia, Cote d'Ivoire, Albania, Lebanon, Bulgaria and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lebanon (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X) remains the key foreign market for unsaturated polyesters in primary forms exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Serbia ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

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

Export Prices by Country

The average export price for unsaturated polyesters in primary forms stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 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 Romania ($X per ton), while the average price for exports to Turkey ($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 Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unsaturated Polyesters In Primary Forms

Imports into Greece

In 2022, approx. X tons of unsaturated polyesters in primary forms were imported into Greece; waning by X% on 2021. Overall, imports saw a mild decrease. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then reduced dramatically in the following year.

In value terms, unsaturated polyesters in primary forms imports shrank significantly to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then dropped sharply in the following year.

Imports by Country

Germany (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of unsaturated polyesters in primary forms imports to Greece, together comprising X% of total imports. France, Spain, India, Croatia and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, Italy ($X), Germany ($X) and Turkey ($X) appeared to be the largest unsaturated polyesters in primary forms suppliers to Greece, together comprising X% of total imports. France, Spain, Croatia, the UK and India lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for unsaturated polyesters in primary forms stood at $X per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

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

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

Source: IndexBox Platform