Greece: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2024

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Greece

The Greek hypochlorites, chlorites and hypobromites market was estimated at $X in 2022, increasing by 13% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +87.3% against 2015 indices. Hypochlorites, chlorites and hypobromites consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Greece

In value terms, hypochlorites, chlorites and hypobromites production expanded rapidly to $X in 2022 estimated in export price. Overall, production continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of 45%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Greece

In 2022, shipments abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites decreased by -54.8% to X tons, falling for the second year in a row after five years of growth. Over the period under review, exports saw a slight descent. The pace of growth appeared the most rapid in 2018 when exports increased by 223% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, hypochlorites, chlorites and hypobromites exports declined remarkably to $X in 2022. In general, exports, however, recorded a temperate expansion. The pace of growth appeared the most rapid in 2018 with an increase of 465%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hungary (X tons), North Macedonia (X tons) and Cyprus (X tons) were the main destinations of hypochlorites, chlorites and hypobromites exports from Greece, together comprising 77% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +68.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X), North Macedonia ($X) and Hungary ($X) constituted the largest markets for hypochlorites, chlorites and hypobromites exported from Greece worldwide, together accounting for 67% of total exports.

In terms of the main countries of destination, Hungary, with a CAGR of +51.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hypochlorites, chlorites and hypobromites export price amounted to $X per ton, falling by -41.4% against the previous year. In general, the export price, however, showed perceptible growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 75% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Hungary ($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 Italy (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Greece

After three years of decline, supplies from abroad of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites increased by 19% to X tons in 2022. In general, imports saw a moderate expansion. The growth pace was the most rapid in 2014 when imports increased by 185%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, hypochlorites, chlorites and hypobromites imports skyrocketed to $X in 2022. Overall, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 69% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Albania (X tons) constituted the largest hypochlorites, chlorites and hypobromites supplier to Greece, accounting for a 61% share of total imports. Moreover, hypochlorites, chlorites and hypobromites imports from Albania exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The third position in this ranking was taken by Bulgaria (X tons), with a 3.1% share.

From 2012 to 2022, the average annual growth rate of volume from Albania totaled +22.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-8.7% per year) and Bulgaria (+21.8% per year).

In value terms, Albania ($X) constituted the largest supplier of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites to Greece, comprising 37% of total imports. The second position in the ranking was taken by Turkey ($X), with a 14% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Albania amounted to +33.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-9.7% per year) and China (+21.0% per year).

Import Prices by Country

In 2022, the average hypochlorites, chlorites and hypobromites import price amounted to $X per ton, increasing by 33% against the previous year. Overall, the import price, however, saw a mild slump. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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