Price for Poly(Lactic Acid); in Primary Forms in Greece - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Greece (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Greece (FOB) - 2023
- Imports of Poly(Lactic Acid); in Primary Forms in Greece
- Exports of Poly(Lactic Acid); in Primary Forms in Greece
Price for Poly(Lactic Acid); in Primary Forms in Greece (CIF) - 2022
The average import price for poly(lactic acid); in primary formses stood at $3,536 per ton in 2022, dropping by -26% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poly(lactic acid); in primary forms import price increased by +19.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 62% against the previous year. As a result, import price attained the peak level of $4,776 per ton, and then dropped rapidly in the following year.
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 Turkey ($6,948 per ton), while the price for Italy ($1,874 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+24.2%), while the prices for the other major suppliers experienced a decline.
Price for Poly(Lactic Acid); in Primary Forms in Greece (FOB) - 2023
In June 2023, the average export price for poly(lactic acid); in primary formses amounted to $3,995 per ton, dropping by -7.7% against the previous month. In general, the export price showed a slight downturn. The pace of growth was the most pronounced in April 2023 when the average export price increased by 49% m-o-m. As a result, the export price attained the peak level of $6,236 per ton. From May 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bulgaria.
From June 2022 to June 2023, the rate of growth in terms of prices for Bulgaria amounted to -1.3% per month.
Imports of Poly(Lactic Acid); in Primary Forms in Greece
In 2022, the amount of poly(lactic acid); in primary formses imported into Greece contracted markedly to 170 tons, shrinking by -68% against the previous year. Over the period under review, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 172%. As a result, imports attained the peak of 532 tons, and then contracted significantly in the following year.
In value terms, poly(lactic acid); in primary forms imports reduced sharply to $602K in 2022. In general, imports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 340%. As a result, imports attained the peak of $2.5M, and then shrank dramatically in the following year.
| Import of Poly(Lactic Acid); in Primary Forms in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 70.6 | 123 | 477 | 184 | 37.6% |
| Bulgaria | 188 | 65.3 | 103 | 175 | -2.4% |
| Germany | 48.0 | N/A | 27.6 | 133 | 40.5% |
| Belgium | 24.8 | 158 | 287 | 48.4 | 25.0% |
| Italy | 5.0 | 1.9 | 2.7 | 19.8 | 58.2% |
| United States | 1,018 | 221 | 1,590 | 19.7 | -73.2% |
| Others | 52.0 | 9.9 | 52.6 | 22.3 | -24.6% |
| Total | 1,406 | 578 | 2,541 | 602 | -24.6% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Greece in 2022:
- Bulgaria (80.2 tons)
- Germany (35.3 tons)
- Turkey (26.5 tons)
- Belgium (12.4 tons)
- Italy (10.6 tons)
- United States (3.1 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Greece
In 2022, after two years of decline, there was significant growth in overseas shipments of poly(lactic acid); in primary formses, when their volume increased by 1,833% to 1.9 tons. Over the period under review, exports, however, recorded a precipitous curtailment.
In value terms, poly(lactic acid); in primary forms exports skyrocketed to $11K in 2022. In general, exports, however, showed a significant decrease.
| Export of Poly(Lactic Acid); in Primary Forms in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | N/A | 20.7 | N/A | 10.7 | -28.1% |
| Spain | 5.9 | N/A | N/A | N/A | 0% |
| Italy | 34.2 | N/A | N/A | N/A | 0% |
| Others | 6.8 | 0.2 | 0.6 | N/A | -70.3% |
| Total | 46.9 | 20.9 | 0.6 | 10.7 | -38.9% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Greece in 2022:
- Bulgaria (1.9 tons)
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