Greece: Heterocyclic Compound Market 2024

Heterocyclic Compound Market Size in Greece

The Greek heterocyclic compound market shrank dramatically to $X in 2022, with a decrease of 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). In general, consumption saw a pronounced curtailment. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Heterocyclic Compound Exports

Exports from Greece

In 2022, approx. X kg of heterocyclic compounds were exported from Greece; which is down by X% on the previous year's figure. Over the period under review, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, heterocyclic compound exports declined remarkably to $X in 2022. Overall, exports faced a sharp reduction. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Cyprus (X kg) was the main destination for heterocyclic compound exports from Greece, accounting for a X% share of total exports. Moreover, heterocyclic compound exports to Cyprus exceeded the volume sent to the second major destination, India (X kg), fourfold. The third position in this ranking was held by Jordan (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cyprus amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Jordan (X% per year).

In value terms, India ($X), Slovenia ($X) and Jordan ($X) constituted the largest markets for heterocyclic compound exported from Greece worldwide, with a combined X% share of total exports.

Among the main countries of destination, Slovenia, with a CAGR of X%, 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

The average heterocyclic compound 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 mild expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X,133 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X,750 per ton), while the average price for exports to Cyprus ($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 Slovenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Heterocyclic Compound Imports

Imports into Greece

In 2022, approx. X tons of heterocyclic compounds were imported into Greece; reducing by X% against the previous year. Over the period under review, imports, however, continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, heterocyclic compound imports fell sharply to $X in 2022. Overall, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of heterocyclic compound imports to Greece, with a combined X% share of total imports. India, Belgium, Slovakia, Cyprus, France, Japan, Romania, Argentina and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest heterocyclic compound suppliers to Greece were India ($X), Belgium ($X) and Cyprus ($X), together accounting for X% of total imports. Germany, Slovakia, Argentina, Japan, the Netherlands, France, Italy, the UK and Romania lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Slovakia, with a CAGR of X%, 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 heterocyclic compound import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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