Greece: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Greece

The Greek anti-freezing preparations market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption saw a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Anti-Freezing Preparations Production in Greece

In value terms, anti-freezing preparations production surged to $X in 2021 estimated in export price. Over the period under review, production showed a significant increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 372% against the previous year. Anti-freezing preparations production peaked in 2021 and is expected to retain growth in years to come.

Anti-Freezing Preparations Exports

Exports from Greece

Anti-freezing preparations exports from Greece surged to X tons in 2021, jumping by 56% on 2020. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by 145% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, anti-freezing preparations exports skyrocketed to $X in 2021. Over the period under review, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 164% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Georgia (X tons), North Macedonia (X tons) and Cyprus (X tons) were the main destinations of anti-freezing preparations exports from Greece, together comprising 50% of total exports. Bulgaria, Turkey, Albania, Iraq and Algeria lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +65.6%), while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Cyprus ($X) and Georgia ($X) appeared to be the largest markets for anti-freezing preparations exported from Greece worldwide, with a combined 56% share of total exports. These countries were followed by Turkey, Albania, North Macedonia, Iraq and Algeria, which together accounted for a further 30%.

Turkey, with a CAGR of +51.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average anti-freezing preparations export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 25% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Anti-Freezing Preparations Imports

Imports into Greece

In 2021, the amount of anti-freezing preparations and prepared de-icing fluids imported into Greece surged to X tons, jumping by 24% against the previous year. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -9.4% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 35% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, anti-freezing preparations imports skyrocketed to $X in 2021. Overall, total imports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of anti-freezing preparations imports to Greece, together accounting for 79% of total imports. These countries were followed by Poland, Lithuania, France, Bulgaria, the UK, Turkey and the Netherlands, which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +36.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) were the largest anti-freezing preparations suppliers to Greece, with a combined 79% share of total imports. These countries were followed by Lithuania, Poland, the Netherlands, the UK, France, Bulgaria and Turkey, which together accounted for a further 17%.

Among the main suppliers, Lithuania, with a CAGR of +45.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average anti-freezing preparations import price stood at $X per ton in 2021, surging by 19% against the previous year. Overall, the import price, however, recorded a pronounced decrease. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($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 (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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