Report Update Nov 1, 2024

Greece - Esters of Acrylic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Acrylic Acid Esters Market 2024

Acrylic Acid Esters Market Size in Greece

The Greek acrylic acid esters market reduced remarkably to $X in 2022, which is down by -23% 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, however, enjoyed a buoyant increase. As a result, consumption attained the peak level of $X, and then fell significantly in the following year.

Acrylic Acid Esters Exports

Exports from Greece

After two years of growth, shipments abroad of esters of acrylic acid decreased by -52.3% to X tons in 2022. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 171%. As a result, the exports attained the peak of X tons, and then dropped notably in the following year.

In value terms, acrylic acid esters exports dropped markedly to $X in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 208% against the previous year. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for acrylic acid esters exports from Greece, accounting for a approx. 100% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +503.7%.

In value terms, the Netherlands ($X) emerged as the key foreign market for esters of acrylic acid exports from Greece.

From 2020 to 2022, the average annual growth rate of value to the Netherlands totaled +719.5%.

Export Prices by Country

The average acrylic acid esters export price stood at $X per ton in 2022, surging by 39% against the previous year. In general, export price indicated significant growth from 2020 to 2022: its price increased at an average annual rate of +25.7% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, acrylic acid esters export price increased by +58.1% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2020 to 2022, the rate of growth in terms of prices for Hungary amounted to +584.7% per year.

Acrylic Acid Esters Imports

Imports into Greece

In 2022, imports of esters of acrylic acid into Greece declined remarkably to X tons, falling by -29.1% against the previous year's figure. In general, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 102%. As a result, imports attained the peak of X tons, and then declined significantly in the following year.

In value terms, acrylic acid esters imports fell markedly to $X in 2022. Overall, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 202% against the previous year. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

Germany (X tons), Turkey (X tons) and China (X tons) were the main suppliers of acrylic acid esters imports to Greece, with a combined 96% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +27.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Turkey ($X) and China ($X) constituted the largest acrylic acid esters suppliers to Greece, with a combined 95% share of total imports.

Among the main suppliers, China, with a CAGR of +27.4%, saw the highest rates of growth with regard to 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

In 2022, the average acrylic acid esters import price amounted to $X per ton, with an increase of 12% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 49%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

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 South Korea ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+65.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for esters of acrylic acid in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 40% share of global consumption.

What are the largest producers of esters of acrylic acid in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 41% share of global production.

What are the leading suppliers of esters of acrylic acid to Greece?

In value terms, Germany, Turkey and China constituted the largest acrylic acid esters suppliers to Greece, together comprising 91% of total imports.

What are the leading importers of esters of acrylic acid from Greece?

In value terms, Germany remains the key foreign market for acrylic acid esters exports from Greece.

What is the average export price for esters of acrylic acid in Greece?

The average acrylic acid esters export price stood at $1,176 per ton in 2021, growing by 5.3% against the previous year.

What is the average import price for esters of acrylic acid in Greece?

The average acrylic acid esters import price stood at $2,248 per ton in 2021, rising by 42% against the previous year.

This report provides an in-depth analysis of the acrylic acid esters 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 20143320 - Esters of acrylic acid

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