Report Update Nov 1, 2024

Greece - Thiosulphates - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Thiosulphates Market 2024

Thiosulphates Market Size in Greece

For the fifth consecutive year, the Greek thiosulphates market recorded growth in sales value, which increased by 6.4% to $X in 2021. In general, consumption, however, posted a resilient expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Thiosulphates Exports

Exports from Greece

After three years of decline, overseas shipments of thiosulphates increased by 633% to X kg in 2021. In general, exports, however, recorded a precipitous contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 10,160% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, thiosulphates exports surged to $X in 2021. Over the period under review, exports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2017 with an increase of 6,081% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Albania (X kg) was the main destination for thiosulphates exports from Greece, with a 77% share of total exports. Moreover, thiosulphates exports to Albania exceeded the volume sent to the second major destination, Finland (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume to Albania stood at +26.8%.

In value terms, Albania ($X) emerged as the key foreign market for thiosulphates exports from Greece, comprising 92% of total exports. The second position in the ranking was taken by Finland ($X), with a 7.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Albania stood at +44.4%.

Export Prices by Country

The average thiosulphates export price stood at $X per ton in 2021, surging by 62% against the previous year. In general, the export price recorded resilient growth. The growth pace was the most rapid in 2020 an increase of 64% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Albania ($X per ton), while the average price for exports to Finland stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

Thiosulphates Imports

Imports into Greece

In 2021, supplies from abroad of thiosulphates decreased by -11.1% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, saw strong growth. The pace of growth was the most pronounced in 2018 with an increase of 123%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, thiosulphates imports expanded sharply to $X in 2021. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 126% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Belgium (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of thiosulphates imports to Greece, with a combined 81% share of total imports. These countries were followed by France, the Netherlands and Bulgaria, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +106.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Italy ($X) and Germany ($X) were the largest thiosulphates suppliers to Greece, with a combined 72% share of total imports. Bulgaria, France and the Netherlands lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, the Netherlands, with a CAGR of +85.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average thiosulphates import price amounted to $X per ton, jumping by 23% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for thiosulphates in the world?

The country with the largest volume of thiosulphates consumption was China, comprising approx. 22% of total volume. Moreover, thiosulphates consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 7.8% share.

What are the largest producers of thiosulphates in the world?

China constituted the country with the largest volume of thiosulphates production, comprising approx. 29% of total volume. Moreover, thiosulphates production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.7% share.

What are the leading suppliers of thiosulphates to Greece?

In value terms, the largest thiosulphates suppliers to Greece were Belgium, Italy and Germany, with a combined 82% share of total imports. Bulgaria, France and the Netherlands lagged somewhat behind, together accounting for a further 18%.

What are the leading importers of thiosulphates from Greece?

In value terms, Slovenia $3) and Finland $3) appeared to be the largest markets for thiosulphates exported from Greece worldwide.

What is the average export price for thiosulphates in Greece?

In 2020, the average thiosulphates export price amounted to $3,318 per ton, jumping by 80% against the previous year.

What is the average import price for thiosulphates in Greece?

The average thiosulphates import price stood at $687 per ton in 2020, rising by 17% against the previous year.

This report provides an in-depth analysis of the thiosulphates 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 20134135 - Thiosulphates

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