Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $2,204 per ton in 2022, picking up by 8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 an increase of 14%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($2,631 per ton) and Belgium ($2,601 per ton), while the price for China ($1,874 per ton) and the Netherlands ($2,021 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $2,455 per ton in 2022, rising by 14% against the previous year. Over the period under review, the export price continues to indicate modest growth. The growth pace was the most rapid in 2020 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Albania ($2,524 per ton) and Cyprus ($2,459 per ton), while the average price for exports to Bulgaria ($2,182 per ton) and Austria ($2,252 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece
Imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Greece skyrocketed to 987 tons in 2022, with an increase of 33% on 2021 figures. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 58%. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses surged to $2.2M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 48%. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 129 | 257 | 571 | 630 | 69.7% |
| China | 33.6 | 36.5 | 80.4 | 482 | 143.0% |
| Germany | 218 | 440 | 295 | 279 | 8.6% |
| Italy | 263 | 191 | 87.1 | 264 | 0.1% |
| Canada | 358 | 305 | 182 | 223 | -14.6% |
| France | 129 | 99.3 | 106 | 105 | -6.6% |
| Belgium | 337 | 995 | 27.4 | 28.6 | -56.1% |
| Others | 154 | 84.7 | 163 | 161 | 1.5% |
| Total | 1,622 | 2,408 | 1,512 | 2,175 | 10.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Greece in 2022:
- Netherlands (312.0 tons)
- China (257.5 tons)
- Germany (119.2 tons)
- Italy (116.1 tons)
- Canada (104.6 tons)
- France (40.1 tons)
- Belgium (11.0 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece
In 2022, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses from Greece surged to 61 tons, rising by 27% compared with the previous year. Overall, exports, however, saw a sharp setback.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses surged to $150K in 2022. Over the period under review, exports, however, recorded a abrupt curtailment.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 40.8 | 55.6 | 55.8 | 92.8 | 31.5% |
| Albania | 33.9 | 35.0 | 43.8 | 40.0 | 5.7% |
| Romania | 34.8 | 0.9 | 1.0 | 7.3 | -40.6% |
| Austria | N/A | N/A | 2.5 | 5.4 | 116.0% |
| Bulgaria | 115 | N/A | N/A | 4.9 | -65.1% |
| Russia | 21.8 | N/A | N/A | N/A | 0% |
| Poland | 33.9 | N/A | N/A | N/A | 0% |
| Others | 13.3 | 0.5 | 0.8 | N/A | -75.5% |
| Total | 293 | 91.9 | 104 | 150 | -20.0% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Greece in 2022:
- Cyprus (37.8 tons)
- Albania (15.8 tons)
- Romania (3.0 tons)
- Austria (2.4 tons)
- Bulgaria (2.3 tons)
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