Disperse dyes and preparations based thereon market in Greece

Earlier Report Observations

Between 2018 and 2020, the Greek market for disperse dyes and preparations based thereon expanded in physical volume from 2 063 tons to 2 275 tons, representing a total growth of over 10%. This increase was supported by a steady rise in domestic production, which grew from 1 976 tons to 2 246 tons during the same timeframe.

Measured in value, the market exhibited more volatility, declining from 8 929 thousand USD in 2018 to 8 086 thousand USD in 2019 before partially recovering to 8 478 thousand USD in 2020. The 2019 contraction in market value occurred alongside a decrease in the average value of production, indicating shifting price dynamics within the period.

Production disperse dyes and preparations based thereon in Greece

In value, 2017-2020, K $ US

In Greece, the production value of disperse dyes and preparations based thereon reached 8 082 thousand US dollars in 2020, marking a 6.2% increase compared to 2019. Over the period from 2017 to 2020, production grew by 7.4%, with a compound annual growth rate of 2.4%. The highest value was recorded in 2018 at 8 110 thousand US dollars, while the largest decline occurred in 2019 at 6.2%. The most significant increase was also in 2018, with a rise of 7.8%.

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

In kind, 2017-2020, t

Production of disperse dyes and preparations based thereon in Greece has increased for the third consecutive year. In 2020, Greece produced 2 246 tonnes of these products, showing a moderate increase of 7.9% compared to the previous year. From 2017 to 2020, production rose by 16.1%, with a compound annual growth rate of 5.1%.

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

Exports disperse dyes and preparations based thereon from Greece

Exports in kind, t

The market exhibited volatility during this period. Exports peaked in 2019 at 52.0 tonnes and reached their lowest point in 2020 at 11.6 tonnes, resulting in a 4.5-fold fluctuation. In 2020, Greece exported 11.6 tonnes of disperse dyes and preparations based thereon, representing a sharp year-over-year decline of 77.8%. The largest increase was recorded in 2019, with a rise of 147.3%.

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

From 2017 to 2020, Bosnia and Herzegovina remained the dominant destination for exports in kind, accounting for 70.1% of total flows, while the remainder was fragmented across other markets.

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 data shows irregular changes, reflecting a volatile market environment. Exports reached a high in 2019 at 284.0 thousand US dollars and dropped to a low in 2020 at 86.7 thousand US dollars, varying by a factor of 3.3. In 2020, exports of disperse dyes and preparations based thereon from Greece amounted to 86.7 thousand US dollars, indicating a 69.5% loss compared to the previous year. The largest increase was recorded in 2019, with a rise of 153.8%.

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

Between 2017 and 2020, Bosnia and Herzegovina, North Macedonia, and Romania were the main destinations for exports in value terms. Bosnia and Herzegovina accounted for 42.7% of exports, North Macedonia for 25.8%, and Romania for 12.8%, together absorbing 81.4% of total exports in value terms from Greece.

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

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

Imports disperse dyes and preparations based thereon to Greece

Imports in kind, t

Greece's imports of disperse dyes and preparations based thereon declined for the second consecutive year. In 2020, Greece imported 40.8 tonnes, indicating a sharp drop of 40.2% compared to the previous year. From 2017 to 2020, imports decreased by 47.6%, equating to an annualized rate of 19.4%. The highest import volume was recorded in 2018 at 108.0 tonnes, with the largest increase also in 2018 at 38.7%.

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

From 2017 to 2020, Germany, Italy, and the United Kingdom were the primary sources for imports in kind. Germany accounted for 38.2% of imports, Italy for 36.6%, and the United Kingdom for 7.5%, together making up 82.2% of total imports in kind to Greece.

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

Greece's import volume of disperse dyes and preparations based thereon declined for the second consecutive year. In 2020, imports reached 482.6 thousand US dollars, showing a steep decline of 36.8% compared to the previous year. Between 2017 and 2020, imports decreased by 42.6%, equating to an annualized rate of 16.9%. The maximum value was recorded in 2018 at 931.3 thousand US dollars, with the largest increase also in 2018 at 10.7%.

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

Over the period from 2017 to 2020, Germany, Italy, and the United Kingdom made the biggest contribution to imports in value terms. Germany accounted for 39.5% of imports, Italy for 25.1%, and the United Kingdom for 9.2%, jointly representing 73.8% of total flows.

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

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