Chlorides, bromides, iodides and its oxides and hydroxides market in Greece

Earlier Report Observations

The market volume for chlorides, bromides, iodides and its oxides and hydroxides in Greece experienced notable fluctuations between 2018 and 2024. Starting at 10 295 tonnes in 2018, it dropped to 8 930 tonnes in 2019 before recovering to over 12 000 tonnes in 2021. After a modest decline to 11 387 tonnes in 2022, the market resumed growth, reaching 13 029 tonnes in 2024. In value terms, the market expanded from 7.5 million US dollars in 2018 to 8.8 million US dollars in 2024, with a peak of nearly 10 million US dollars in 2022.

Domestic production showed a strong upward trend, more than doubling from 4 516 tonnes in 2018 to 8 874 tonnes in 2024. This increase in output coincided with a period where organic farming in Greece expanded significantly, with certified organic agricultural area nearly doubling between 2012 and 2022. This shift in the related agricultural sector likely supported demand for chloride-based products used as fertilizers or additives. Meanwhile, import volumes varied, and export volumes grew, reflecting changes in trade patterns.

Production chlorides, bromides, iodides and its oxides and hydroxides in Greece

In value, 2017-2020, K $ US

Greece's production of chlorides, bromides, iodides, and their oxides and hydroxides declined for the second consecutive year. In 2020, output was valued at 1 291 K $ US, showing minimal year-over-year change. Between 2017 and 2020, production increased by 15.8%, equating to an annualized growth rate of 5.0%. The largest increase occurred in 2018, with a 22.8% rise to a peak value of 1 369 K $ US. The following year, in 2019, production saw its largest decline of 5.5%.

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

In kind, 2017-2020, t

After a two-year increase, Greece's production volume of chlorides, bromides, iodides, and their oxides and hydroxides declined. In 2020, 4 733 tonnes were produced, down by 5.9% compared to the previous year. Over the period from 2017 to 2020, production grew by 19.1%, translating to an annualized rate of 6.0%. The largest increase was recorded in 2018 at 13.6%, leading to a peak output of 5 029 tonnes in 2019.

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

Exports chlorides, bromides, iodides and its oxides and hydroxides from Greece

Exports in kind, t

In 2020, exports of chlorides, bromides, iodides, and their oxides and hydroxides from Greece totaled 1 535 tonnes, marking a significant drop of 19.3% year-over-year. From 2017 to 2020, exports increased by 8.6%, with a compound annual growth rate of 2.8%. The lowest volume was recorded in 2018 at 1 180 tonnes, while the highest was in 2019 at 1 903 tonnes, which also saw the largest increase of 61.2%.

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

Between 2017 and 2020, Israel, Bulgaria, and Cyprus were the core markets for Greece's exports in kind, accounting for 21.5%, 21.0%, and 18.7% of total flows, respectively. Together, these three countries represented 61.2% of all exports in this category.

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

Following a two-year rise, exports of chlorides, bromides, iodides, and their oxides and hydroxides from Greece declined. In 2020, exports were valued at 1 170 K $ US, down 3.1% compared to 2019. Over the 2017-2020 period, export value surged by 113.8%, with a compound annual growth rate of 28.8%. The peak value was recorded in 2019 at 1 208 K $ US, which also experienced the largest increase of 65.3%.

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

From 2017 to 2020, Cyprus, Israel, and Spain were the key destinations for Greece's exports in value terms, representing 49.6%, 11.7%, and 7.0% of total flows, respectively. Collectively, these three markets accounted for 68.3% of all 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 chlorides, bromides, iodides and its oxides and hydroxides to Greece

Imports in kind, t

In 2020, imports of chlorides, bromides, iodides, and their oxides and hydroxides into Greece amounted to 6 527 tonnes, up 12.5% from 2019. The lowest import volume was recorded in 2019 at 5 804 tonnes, while the highest was in 2018 at 6 958 tonnes. The largest decline occurred in 2019, with a 16.6% decrease.

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

Throughout 2017-2020, Hungary, Bulgaria, and Romania were the main sources for Greece's imports in kind, accounting for 25.3%, 22.3%, and 12.5% of total flows, respectively. Together, these three countries made up 60.1% of all imports in this category.

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

In 2020, imports of chlorides, bromides, iodides, and their oxides and hydroxides into Greece were valued at 7 876 K $ US, a 19.2% increase from the previous year. Between 2017 and 2020, import value grew by 36.5%, equating to an annualized rate of 10.9%. The largest increase was recorded in 2018 at 19.5%, while the largest decline occurred in 2019 with a 4.2% drop.

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

From 2017 to 2020, Bulgaria, Italy, and Germany were the principal sources for Greece's imports in value terms, representing 48.4%, 18.7%, and 4.7% of total flows, respectively. Collectively, these three countries accounted for 71.8% of all import value.

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

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