Anti-freezing preparations and prepared de-icing fluids market in Greece

Earlier Report Observations

The Greek market for anti-freezing preparations and de-icing fluids experienced considerable volatility in volume between 2018 and 2024. In the initial year, demand was partly sustained by the essential use of these fluids in solar thermal systems, where they prevent freezing damage and corrosion in pipes and components, ensuring safe and efficient year-round operation.

After a rise to 6 216 t in 2019, market volume contracted to 5 494 t in 2020 before a strong rebound propelled it to a peak of 7 652 t in 2022. A subsequent decline in 2023 to 6 137 t was followed by a sharp recovery to 7 720 t in 2024, the highest level in the period. Import volumes, a major supply component, mirrored this pattern of swings.

In value terms, the market followed a similar trajectory but with distinct variations, such as a decline to $6.9 million in 2019 despite higher physical volume, indicating shifts in average prices or product mix. The overall market value grew from $7.8 million in 2018 to $10.4 million in 2024.

Production anti-freezing preparations and prepared de-icing fluids in Greece

In value, 2017-2020, K $ US

Greece's production of anti-freezing preparations and prepared de-icing fluids declined for the second consecutive year. In 2020, output was valued at 2 597 thousand US dollars, marking a modest reduction of 3.7% compared to 2019. Over the period from 2017 to 2020, production decreased by 2.1%, with a compound annual growth rate of 0.7%. The highest value was recorded in 2018 at 3 281 thousand US dollars, which represented a significant increase of 23.6% from the previous year. In contrast, the largest decline occurred in 2019, with a drop of 17.8%.

Annual dynamics of production in Greece in value, 2017-2020, K $ US

In kind, 2017-2020, t

Production of anti-freezing preparations and prepared de-icing fluids in Greece declined for the second year in a row. In 2020, Greece produced 2 288 tonnes, down by 4.4% from 2019. Between 2017 and 2020, overall production increased by 17.3%, equating to an annualized growth rate of 5.5%. The peak was reached in 2018 with 2 436 tonnes, which saw the largest increase of 24.9% during the period.

Annual dynamics of production in Greece in kind, 2017-2020, t

Exports anti-freezing preparations and prepared de-icing fluids from Greece

Exports in kind, t

The market showed an unstable trend throughout the timeframe. From 2017 to 2019, exports fluctuated significantly, with a peak-to-trough amplitude of 2.5 times. In 2020, Greece exported 517 tonnes of anti-freezing preparations and prepared de-icing fluids, a sharp decline of 58.3% compared to the previous year. The maximum value was recorded in 2019 at 1 238 tonnes, which also experienced the largest increase of 87.1%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, t

Between 2017 and 2020, the main markets for Greece's exports in kind were Algeria, accounting for 21.3% of exports, North Macedonia with 17.9%, and Bulgaria at 15.4%. Together, these three countries represented 54.6% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Greece in kind, 2017-2020

Exports in value, K $ US

The market exhibited an unstable trend over the period. Import levels varied significantly, with a threefold fluctuation between the high in 2019 and the low in 2017. In 2020, Greece exported anti-freezing preparations and prepared de-icing fluids worth 670 thousand US dollars, equivalent to a dramatic contraction of 62.4% year-over-year. The maximum value was recorded in 2019 at 1 780 thousand US dollars, which saw the largest increase of 126.3%.

Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US

From 2017 to 2020, the principal buyers of anti-freezing preparations and prepared de-icing fluids from Greece in value terms were Algeria, representing 24.9% of exports, Bulgaria at 20.9%, and Cyprus with 16.7%. Collectively, these three markets accounted for 62.5% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Greece in value, 2017-2020

Imports anti-freezing preparations and prepared de-icing fluids to Greece

Imports in kind, t

In 2020, deliveries of anti-freezing preparations and prepared de-icing fluids to Greece reached 3 723 tonnes, marking an intense drop of 26.5% compared to the previous year. Between 2017 and 2020, imports decreased by 9.7%, equating to an annualized decline rate of 3.3%. The maximum value was recorded in 2019 at 5 063 tonnes, which also experienced the largest increase of 35.4%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, t

During the period from 2017 to 2020, the main sources for imports in kind were Belgium, accounting for 54.5% of imports, Germany with 19.6%, and Lithuania at 4.7%. Together, these three countries represented 78.9% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Greece in kind, 2017-2020

Imports in value, K $ US

After a two-year uptick, shipments of anti-freezing preparations and prepared de-icing fluids to Greece from abroad declined. In 2020, imports reached 4 357 thousand US dollars, down by 27.5% compared to 2019. Between 2017 and 2020, imports decreased by 16.4%, equating to an annualized decline rate of 5.8%. The maximum value was recorded in 2019 at 6 011 thousand US dollars, which saw the largest increase of 12.6%.

Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US

Throughout 2017 to 2020, the core group of markets for imports in value terms consisted of Belgium, representing 42.4% of imports, Germany with 28.3%, and Italy at 6.3%. Together, these three countries accounted for 77.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Greece in value, 2017-2020