Report Update Nov 1, 2024

Greece - O-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Greece: O-Xylene Market 2024

O-Xylene Market Size in Greece

In 2022, the Greek o-xylene market decreased by -69.1% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption continues to indicate a deep downturn. O-xylene consumption peaked at $X in 2021, and then dropped sharply in the following year.

O-Xylene Production in Greece

In value terms, o-xylene production fell modestly to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when the production volume increased by 10% against the previous year. O-xylene production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

O-Xylene Exports

Exports from Greece

After two years of decline, overseas shipments of o-xylene decreased by 0% to X kg in 2016. Over the period under review, exports faced a sharp reduction. The smallest decline of 99.9% was in 2014. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2016, the exports remained at a lower figure.

In value terms, o-xylene exports stood at $X in 2016. Overall, exports saw a significant contraction. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2016, the exports stood at a somewhat lower figure.

Exports by Country

China (X kg) was the main destination for o-xylene exports from Greece, with a 83% share of total exports. Moreover, o-xylene exports to China exceeded the volume sent to the second major destination, the Netherlands (X kg), fivefold.

From 2013 to 2016, the average annual growth rate of volume to China was relatively modest.

From 2013 to 2016, the average annual growth rate of value to China was relatively modest.

Export Prices by Country

The average o-xylene export price stood at $X per ton in 2016, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the maximum in 2016 and is likely to continue growth in years to come.

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

From 2013 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

O-Xylene Imports

Imports into Greece

In 2022, overseas purchases of o-xylene decreased by -98.1% to X kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports faced a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 17,588% against the previous year. Imports peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, o-xylene imports shrank notably to $X in 2022. Overall, imports recorded a precipitous decrease. The growth pace was the most rapid in 2020 when imports increased by 21,662% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined significantly in the following year.

Imports by Country

In 2022, Belgium (X kg) was the main supplier of o-xylene to Greece, with a 95% share of total imports. It was followed by Austria (X kg), with a 3.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to -13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (0.0% per year) and Germany (-43.7% per year).

In value terms, Belgium ($X) constituted the largest supplier of o-xylene to Greece, comprising 76% of total imports. The second position in the ranking was taken by Austria ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled -19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (0.0% per year) and Germany (-44.2% per year).

Import Prices by Country

In 2022, the average o-xylene import price amounted to $X per ton, rising by 18% against the previous year. Over the period under review, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 51% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Austria ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-xylene in the world?

The countries with the highest volumes of in 2021 were the UK, China and Singapore, together accounting for 33% of global consumption. These countries were followed by Germany, Italy, the United States, Russia, Belgium, South Korea, India, Iran, the Netherlands and Indonesia, which together accounted for a further 45%.

What are the largest producers of o-xylene in the world?

The countries with the highest volumes of in 2021 were India, Singapore and the UK, with a combined 45% share of global production.

What are the leading suppliers of o-xylene to Greece?

In value terms, Belgium constituted the largest supplier of o-xylene to Greece.

What is the average export price for o-xylene in Greece?

The average o-xylene export price stood at $1,398 per ton in 2018, standing approx. at the previous year.

What is the average import price for o-xylene in Greece?

In 2021, the average o-xylene import price amounted to $5,780 per ton, dropping by -64.2% against the previous year.

This report provides an in-depth analysis of the o-xylene 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 20141243 - o-Xylene

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