Greece: Market for Cyanides, Cyanide Oxides And Complex Cyanides 2024

Market Size for Cyanides, Cyanide Oxides And Complex Cyanides in Greece

The Greek cyanides and cyanide oxides market expanded rapidly to $X in 2022, surging by X% 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). Overall, consumption showed a buoyant increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports from Greece

In 2022, after two years of growth, there was significant decline in overseas shipments of cyanides, cyanide oxides and complex cyanides, when their volume decreased by X% to X kg. Overall, exports saw a slight shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at X kg in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyanides and cyanide oxides exports fell significantly to $X in 2022. Over the period under review, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced sharply in the following year.

Exports by Country

Albania (X kg) was the main destination for cyanides and cyanide oxides exports from Greece, accounting for a X% share of total exports. Moreover, cyanides and cyanide oxides exports to Albania exceeded the volume sent to the second major destination, Bulgaria (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume to Albania amounted to X%.

In value terms, Albania ($X) remains the key foreign market for cyanides, cyanide oxides and complex cyanides exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Albania totaled X%.

Export Prices by Country

The average cyanides and cyanide oxides export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Albania ($X per ton), while the average price for exports to Bulgaria stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (X%).

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports into Greece

In 2022, the amount of cyanides, cyanide oxides and complex cyanides imported into Greece expanded to X tons, picking up by X% against 2021. Over the period under review, imports posted a moderate expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cyanides and cyanide oxides imports skyrocketed to $X in 2022. Overall, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. 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

In 2022, the Czech Republic (X tons) constituted the largest cyanides and cyanide oxides supplier to Greece, accounting for a X% share of total imports. Moreover, cyanides and cyanide oxides imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by Belgium (X tons), with a X% share.

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

In value terms, the Czech Republic ($X) constituted the largest supplier of cyanides, cyanide oxides and complex cyanides to Greece, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average cyanides and cyanide oxides import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a pronounced increase. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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