Greece: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Greece

The Greek market for plasticised mixed polyvinyl chloride in primary forms soared to $X in 2022, growing by 37% against the previous year. In general, consumption, however, continues to indicate a pronounced setback. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in Greece

In value terms, production of plasticised mixed polyvinyl chloride in primary forms rose markedly to $X in 2022 estimated in export price. Over the period under review, production posted buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 154% against the previous year. Production of peaked in 2022 and is expected to retain growth in years to come.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Greece

In 2022, exports of plasticised mixed polyvinyl chloride in primary forms from Greece reduced notably to X tons, with a decrease of -49.8% against the year before. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 65%. Over the period under review, the exports of reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms fell sharply to $X in 2022. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 140%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X tons) was the main destination for exports of plasticised mixed polyvinyl chloride in primary forms from Greece, accounting for a 59% share of total exports. Moreover, exports of plasticised mixed polyvinyl chloride in primary forms to Romania exceeded the volume sent to the second major destination, Bulgaria (X tons), fourfold. The third position in this ranking was held by Turkey (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Romania stood at -13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-7.6% per year) and Turkey (+19.2% per year).

In value terms, Romania ($X) remains the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from Greece, comprising 63% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a 13% share of total exports. It was followed by Turkey, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Romania stood at -9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-5.9% per year) and Turkey (+21.6% per year).

Export Prices by Country

The average export price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, increasing by 20% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plasticised mixed polyvinyl chloride in primary forms increased by +74.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 45%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Serbia ($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 Romania (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Greece

After two years of growth, overseas purchases of plasticised mixed polyvinyl chloride in primary forms decreased by -4.8% to X tons in 2022. In general, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +5.1% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms amounted to $X in 2022. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Italy (X tons) constituted the largest plasticised mixed polyvinyl chloride in primary forms supplier to Greece, with a 59% share of total imports. Moreover, imports of plasticised mixed polyvinyl chloride in primary forms from Italy exceeded the figures recorded by the second-largest supplier, Romania (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+52.7% per year) and Germany (+6.1% per year).

In value terms, Italy ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Greece, comprising 65% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.2% share of total imports. It was followed by Romania, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.4% per year) and Romania (+50.4% per year).

Import Prices by Country

In 2022, the average import price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, increasing by 5.1% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for plasticised mixed polyvinyl chloride in primary forms increased by +24.2% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by 23% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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 Bulgaria ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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