Greece: Imines Market 2025

Imines Market Size in Greece

The Greek imines market shrank to $X in 2021, which is down by -9% 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). Over the period under review, consumption, however, posted a significant expansion. Imines consumption peaked at $X in 2020, and then reduced in the following year.

Imines Exports

Exports from Greece

Imines exports from Greece surged to X tons in 2021, rising by 310% on 2020. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 792% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, imines exports surged to $X in 2021. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,130%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for imines exports from Greece, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) emerged as the key foreign market for imines and their derivatives and salts thereof exports from Greece.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

The average imines export price stood at $X per ton in 2021, with a decrease of -28.2% against the previous year. In general, the export price showed a slight descent. The most prominent rate of growth was recorded in 2013 an increase of 43% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Bulgaria amounted to +2.4% per year.

Imines Imports

Imports into Greece

In 2021, imines imports into Greece expanded significantly to X tons, growing by 8.2% against the previous year's figure. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2014 with an increase of 497%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imines imports rose remarkably to $X in 2021. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 332%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Norway (X tons) constituted the largest imines supplier to Greece, with a 71% share of total imports. Moreover, imines imports from Norway exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Norway amounted to +51.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+69.3% per year) and Germany (+37.3% per year).

In value terms, Norway ($X) constituted the largest supplier of imines and their derivatives and salts thereof to Greece, comprising 76% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.1% share of total imports. It was followed by France, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway stood at +55.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+44.7% per year) and France (+69.2% per year).

Import Prices by Country

In 2021, the average imines import price amounted to $X per ton, declining by -1.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2013 when the average import price increased by 38% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :