Report Update Nov 1, 2024

Greece - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Market for 2,2-Oxydiethanol (Diethylene Glycol, Digol) 2024

Market Size for 2,2-Oxydiethanol (Diethylene Glycol, Digol) in Greece

The Greek diethylene glycol and digol market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption showed a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Exports from Greece

In 2021, approx. X kg of X-oxydiethanol (diethylene glycol, digol) were exported from Greece; with an increase of 23% against the previous year's figure. Overall, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 140%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, diethylene glycol and digol exports surged to $X in 2021. In general, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2017 when exports increased by 125% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Cyprus (X kg), Germany (X kg) and Lithuania (X kg) were the main destinations of diethylene glycol and digol exports from Greece, with a combined 96% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +105.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for X-oxydiethanol (diethylene glycol, digol) exports from Greece, comprising 61% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 22% share of total exports. It was followed by Cyprus, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (0.0% per year) and Cyprus (+35.1% per year).

Export Prices by Country

In 2021, the average diethylene glycol and digol export price amounted to $X per ton, surging by 4.2% against the previous year. Over the period under review, the export price recorded a modest expansion. The most prominent rate of growth was recorded in 2018 an increase of 679%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Lithuania ($X per ton), while the average price for exports to Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+20.7%).

Imports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Imports into Greece

In 2021, purchases abroad of X-oxydiethanol (diethylene glycol, digol) increased by 160% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, diethylene glycol and digol imports surged to $X in 2021. In general, imports showed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of diethylene glycol and digol to Greece, accounting for a 67% share of total imports. Moreover, diethylene glycol and digol imports from Turkey exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+34.5% per year) and the United States (0.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of X-oxydiethanol (diethylene glycol, digol) to Greece, comprising 61% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 22% share of total imports. It was followed by Spain, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from Turkey totaled +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+36.2% per year) and Spain (0.0% per year).

Import Prices by Country

The average diethylene glycol and digol import price stood at $X per ton in 2021, with an increase of 103% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decrease. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for 2,2-oxydiethanol (diethylene glycol, digol) in the world?

The countries with the highest volumes of in 2021 were China, Saudi Arabia and Taiwan Chinese), with a combined 58% share of global consumption.

What are the largest producers of 2,2-oxydiethanol (diethylene glycol, digol) in the world?

The country with the largest volume of diethylene glycol and digol production was Saudi Arabia, comprising approx. 39% of total volume. Moreover, diethylene glycol and digol production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Canada, fourfold. Taiwan Chinese) ranked third in terms of total production with a 9.8% share.

What are the leading suppliers of 2,2-oxydiethanol (diethylene glycol, digol) to Greece?

In value terms, Turkey constituted the largest supplier of diethylene glycol and digol to Greece, comprising 61% of total imports. The second position in the ranking was occupied by the Netherlands, with a 22% share of total imports. It was followed by Spain, with a 7.6% share.

What are the leading importers of 2,2-oxydiethanol (diethylene glycol, digol) from Greece?

In value terms, Germany $972) remains the key foreign market for diethylene glycol and digol exports from Greece, comprising 61% of total exports. The second position in the ranking was occupied by Lithuania $349), with a 22% share of total exports. It was followed by Cyprus, with a 12% share.

What is the average export price for 2,2-oxydiethanol (diethylene glycol, digol) in Greece?

The average diethylene glycol and digol export price stood at $6,590 per ton in 2021, surging by 49% against the previous year.

What is the average import price for 2,2-oxydiethanol (diethylene glycol, digol) in Greece?

In 2021, the average diethylene glycol and digol import price amounted to $1,480 per ton, picking up by 103% against the previous year.

This report provides an in-depth analysis of the market for diethylene glycol and digol 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 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023