Report Update Nov 1, 2024

Greece - Aromatic Alcohols and Their Derivatives - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Aromatic Alcohols Market 2024

Aromatic Alcohols Market Size in Greece

In 2021, the Greek aromatic alcohols market decreased by -39.5% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption, however, continues to indicate a strong increase. Aromatic alcohols consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Aromatic Alcohols Exports

Exports from Greece

In 2021, the amount of aromatic alcohols and their derivatives exported from Greece totaled X tons, with an increase of 3.7% on 2020 figures. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2016 with an increase of 291% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, aromatic alcohols exports declined slightly to $X in 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 591%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for aromatic alcohols exports from Greece, accounting for a 99% share of total exports. It was followed by Cyprus (X kg), with a 1.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Romania amounted to +37.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (-22.6% per year) and Bulgaria (-60.5% per year).

In value terms, Romania ($X) remains the key foreign market for aromatic alcohols and their derivatives exports from Greece, comprising 75% of total exports. The second position in the ranking was held by Cyprus ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania totaled +46.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+16.6% per year) and Bulgaria (-54.1% per year).

Export Prices by Country

In 2021, the average aromatic alcohols export price amounted to $X per ton, declining by -4% against the previous year. Over the period under review, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 77% against the previous year. The export price peaked at $X per ton in 2020, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Romania ($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 (+50.5%), while the prices for the other major destinations experienced more modest paces of growth.

Aromatic Alcohols Imports

Imports into Greece

In 2021, overseas purchases of aromatic alcohols and their derivatives decreased by -13.8% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by 77%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, aromatic alcohols imports dropped markedly to $X in 2021. In general, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2015 when imports increased by 101%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Germany (X tons) and India (X tons) were the main suppliers of aromatic alcohols imports to Greece, with a combined 75% share of total imports. The UK, Spain, the Netherlands, France, Ireland and Poland lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +42.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of aromatic alcohols and their derivatives to Greece, comprising 38% of total imports. The second position in the ranking was taken by India ($X), with a 17% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+19.9% per year) and Italy (+19.1% per year).

Import Prices by Country

The average aromatic alcohols import price stood at $X per ton in 2021, declining by -40.3% against the previous year. In general, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 72%. As a result, import price attained the peak level of $X per ton, and then contracted notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+8.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aromatic alcohols and their derivatives in the world?

The countries with the highest volumes of aromatic alcohols consumption in 2021 were China, the United States and India, together accounting for 51% of global consumption. These countries were followed by Russia, Mexico, the UK, Canada, Turkey, Italy, Saudi Arabia, Japan, Brazil and Australia, which together accounted for a further 25%.

What are the largest producers of aromatic alcohols and their derivatives in the world?

The countries with the highest volumes of aromatic alcohols production in 2021 were China, Saudi Arabia and India, with a combined 62% share of global production.

What are the leading suppliers of aromatic alcohols and their derivatives to Greece?

In value terms, Germany constituted the largest supplier of aromatic alcohols to Greece, comprising 38% of total imports. The second position in the ranking was occupied by India, with a 17% share of total imports. It was followed by Italy, with a 13% share.

What are the leading importers of aromatic alcohols and their derivatives from Greece?

In value terms, Romania remains the key foreign market for aromatic alcohols exports from Greece.

What is the average export price for aromatic alcohols and their derivatives in Greece?

In 2021, the average aromatic alcohols export price amounted to $10,440 per ton, rising by 3.5% against the previous year.

What is the average import price for aromatic alcohols and their derivatives in Greece?

In 2021, the average aromatic alcohols import price amounted to $5,544 per ton, reducing by -10.5% against the previous year.

This report provides an in-depth analysis of the aromatic alcohols market 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 20142375 - Aromatic alcohols and their halogenated, sulphonated, n itrated or nitrosated derivatives

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