Greece - Adipic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAdipic Acid Price in Greece - 2023
Contents:
- Adipic Acid Price in Greece (CIF) - 2023
- Adipic Acid Price in Greece (FOB) - 2022
- Adipic Acid Imports in Greece
- Adipic Acid Exports in Greece
Adipic Acid Price in Greece (CIF) - 2023
In June 2023, the average adipic acid import price amounted to $3,453 per ton, growing by 73% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($4,199 per ton), while the price for Croatia totaled $2,668 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Adipic Acid Price in Greece (FOB) - 2022
In 2022, the average adipic acid export price amounted to $11,623 per ton, surging by 4.1% against the previous year. In general, export price indicated a notable increase from 2013 to 2022: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, adipic acid export price increased by +4.8% against 2018 indices. The growth pace was the most rapid in 2017 an increase of 32%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($12,564 per ton), while the average price for exports to Romania ($6,317 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+4.4%).
Adipic Acid Imports in Greece
In 2022, imports of adipic acid, its salts and esters into Greece expanded significantly to 1.9K tons, with an increase of 9.9% on the previous year. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, adipic acid imports surged to $5M in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 108% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Adipic Acid in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,707 | 768 | 2,943 | 4,317 | 36.2% |
| Italy | 86.2 | 95.6 | 257 | 356 | 60.4% |
| Belgium | 0.8 | 1.6 | 100 | 95.6 | 392.6% |
| Germany | 420 | 968 | 560 | 37.3 | -55.4% |
| Others | 70.1 | 51.1 | 65.9 | 226 | 47.7% |
| Total | 2,285 | 1,884 | 3,926 | 5,032 | 30.1% |
Top Suppliers of Adipic Acid to Greece in 2022:
- China (1680.0 tons)
- Italy (81.4 tons)
- Belgium (40.0 tons)
- Germany (14.6 tons)
Adipic Acid Exports in Greece
In 2022, exports of adipic acid, its salts and esters from Greece soared to 851 kg, picking up by 42% against the previous year. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, the exports reached the peak of 1.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, adipic acid exports surged to $9.9K in 2022. In general, exports posted a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 103% against the previous year. As a result, the exports reached the peak of $12K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Adipic Acid in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 5.9 | 12.0 | 6.7 | 8.9 | 14.7% |
| Romania | N/A | N/A | N/A | 0.8 | 0% |
| Israel | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.9 | 12.0 | 6.7 | 9.9 | 18.8% |
Top Export Markets for Adipic Acid from Greece in 2022:
- Cyprus (711.0 kg)
- Romania (120.0 kg)
- Israel (20.0 kg)
This report provides an in-depth analysis of the adipic acid 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 20143385 - Adipic acid, its salts and esters
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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