Greece: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Greece

The Greek oxygen-function amino-compound market rose rapidly to $X in 2021, increasing by 10% 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). The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Oxygen-Function Amino-Compound Exports

Exports from Greece

In 2021, the amount of oxygen-function amino-compounds exported from Greece soared to X tons, increasing by 221% on the previous year's figure. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, oxygen-function amino-compound exports skyrocketed to $X in 2021. Overall, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 27% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Romania (X tons) was the main destination for oxygen-function amino-compound exports from Greece, with a 71% share of total exports. Moreover, oxygen-function amino-compound exports to Romania exceeded the volume sent to the second major destination, Bulgaria (X tons), more than tenfold. Spain (X tons) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania stood at +42.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+2.3% per year) and Spain (+34.1% per year).

In value terms, the largest markets for oxygen-function amino-compound exported from Greece were Belgium ($X), Romania ($X) and Serbia ($X), together accounting for 38% of total exports.

Among the main countries of destination, Serbia, with a CAGR of +92.9%, saw 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 2021, the average oxygen-function amino-compound export price amounted to $X per ton, reducing by -61.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 76%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Greece

In 2021, approx. X tons of oxygen-function amino-compounds were imported into Greece; picking up by 24% compared with the previous year. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 44% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, oxygen-function amino-compound imports expanded sharply to $X in 2021. In general, imports, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2018 when imports increased by 19%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of oxygen-function amino-compound imports to Greece, together comprising 75% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +33.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of oxygen-function amino-compounds to Greece, comprising 31% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by the Netherlands, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.3% per year) and the Netherlands (-0.6% per year).

Import Prices by Country

The average oxygen-function amino-compound import price stood at $X per ton in 2021, with a decrease of -14.9% against the previous year. Over the period under review, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 20% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+16.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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