Greece: Market for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function 2024

Market Size for Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function in Greece

The Greek market for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function dropped markedly to $X in 2022, reducing by -49% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a abrupt decrease. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Exports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Exports from Greece

In 2022, overseas shipments of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function decreased by -55.3% to X kg, falling for the third consecutive year after three years of growth. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 when exports increased by 8,524%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, butanal butanal and acyclic aldehydes exports contracted sharply to $X in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 29,162%. Over the period under review, the exports attained the maximum at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

France (X kg) was the main destination for butanal butanal and acyclic aldehydes exports from Greece, accounting for a 92% share of total exports. Moreover, butanal butanal and acyclic aldehydes exports to France exceeded the volume sent to the second major destination, Cyprus (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to France totaled -22.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+6.6% per year) and Germany (-86.6% per year).

In value terms, the largest markets for butanal butanal and acyclic aldehydes exported from Greece were Germany ($X), France ($X) and Cyprus ($X), with a combined 98% share of total exports.

In terms of the main countries of destination, Cyprus, with a CAGR of +5.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function amounted to $X per ton, with a decrease of -40.3% against the previous year. Overall, the export price, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2021 an increase of 754%. As a result, the export price reached the peak level of $X per ton, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Cyprus ($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 Austria (+2,375.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Butanal (Butyraldehyde, Normal Isomer) And Acyclic Aldehydes, Without Other Oxygen Function

Imports into Greece

In 2022, imports of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function into Greece declined markedly to X tons, which is down by -50.7% on the previous year's figure. Overall, imports saw a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 64%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, butanal butanal and acyclic aldehydes imports contracted notably to $X in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 52%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of butanal butanal and acyclic aldehydes imports to Greece, together accounting for 84% of total imports. Italy and France lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +6.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function to Greece, comprising 43% of total imports. The second position in the ranking was held by France ($X), with a 20% share of total imports. It was followed by Germany, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.4% per year) and Germany (-1.6% per year).

Import Prices by Country

The average import price for butanal (butyraldehyde, normal isomer) and acyclic aldehydes, without other oxygen function stood at $X per ton in 2022, increasing by 6.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 41%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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