Greece: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in Greece

In 2022, the Greek ammonia in aqueous solution market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, enjoyed a perceptible expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Ammonia In Aqueous Solution in Greece

In value terms, ammonia in aqueous solution production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Ammonia In Aqueous Solution

Exports from Greece

In 2022, exports of ammonia in aqueous solution from Greece surged to X tons, picking up by X% compared with 2021. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ammonia in aqueous solution exports soared to $X in 2022. Overall, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for ammonia in aqueous solution exports from Greece, accounting for a X% share of total exports. Moreover, ammonia in aqueous solution exports to Italy exceeded the volume sent to the second major destination, North Macedonia (X tons), fourfold. The third position in this ranking was taken by Slovakia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (X% per year) and Slovakia (X% per year).

In value terms, Italy ($X) remains the key foreign market for ammonia in aqueous solution exports from Greece, comprising X% of total exports. The second position in the ranking was held by Slovakia ($X), with a X% share of total exports. It was followed by North Macedonia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and North Macedonia (X% per year).

Export Prices by Country

In 2022, the average ammonia in aqueous solution export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price saw a deep setback. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to North Macedonia ($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 Bulgaria (X%), while the prices for the other major destinations experienced a decline.

Imports of Ammonia In Aqueous Solution

Imports into Greece

In 2022, supplies from abroad of ammonia in aqueous solution decreased by X% to X tons, falling for the third consecutive year after three years of growth. In general, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, ammonia in aqueous solution imports contracted dramatically to $X in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then reduced notably in the following year.

Imports by Country

In 2022, Bulgaria (X tons) was the main ammonia in aqueous solution supplier to Greece, accounting for a X% share of total imports. Moreover, ammonia in aqueous solution imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bulgaria totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Hungary (X% per year).

In value terms, Bulgaria ($X) constituted the largest supplier of ammonia in aqueous solution to Greece, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Bulgaria stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Hungary (X% per year).

Import Prices by Country

The average ammonia in aqueous solution import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price recorded a tangible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Belgium ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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