Carbonates; Potassium Carbonate Price in Greece - 2023

Contents:

  1. Carbonates; Potassium Carbonate Price in Greece (CIF) - 2022
  2. Carbonates; Potassium Carbonate Price in Greece (FOB) - 2022
  3. Carbonates; Potassium Carbonate Imports in Greece
  4. Carbonates; Potassium Carbonate Exports in Greece

Carbonates; Potassium Carbonate Price in Greece (CIF) - 2022

The average carbonates; potassium carbonate import price stood at $1,756 per ton in 2022, jumping by 49% against the previous year. Over the period under review, the import price recorded a modest expansion. The pace of growth was the most pronounced in 2016 an increase of 112% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 France ($2,932 per ton), while the price for Italy ($1,095 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Potassium Carbonate Price in Greece (FOB) - 2022

The average carbonates; potassium carbonate export price stood at $3,282 per ton in 2022, surging by 68% against the previous year. Overall, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 75%. As a result, the export price attained the peak level of $3,473 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($3,462 per ton), while the average price for exports to Bulgaria ($2,270 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 Albania (+4.2%), while the prices for the other major destinations experienced a decline.

Carbonates; Potassium Carbonate Imports in Greece

For the fourth year in a row, Greece recorded growth in overseas purchases of carbonates; potassium carbonates, which increased by 17% to 369 tons in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, carbonates; potassium carbonate imports surged to $647K in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Potassium Carbonate in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27.923.746.0252108.3%
Spain24.758.610210863.5%
RussiaN/A15.1N/A98.5155.4%
Italy78.753.596.380.30.7%
Poland20.217.340.070.251.5%
United StatesN/AN/A23.529.425.1%
France11.96.123.44.6-27.2%
BulgariaN/A47.2N/AN/A0%
South Korea18.8N/AN/AN/A0%
RomaniaN/AN/A25.1N/A0%
Others1.20.616.04.251.8%
Total18322237264752.3%

Top Suppliers of Carbonates; Potassium Carbonate to Greece in 2022:

  1. Germany (113.5 tons)
  2. Italy (73.3 tons)
  3. Russia (54.3 tons)
  4. Spain (51.8 tons)
  5. Poland (46.7 tons)
  6. United States (25.9 tons)
  7. France (1.6 tons)

Carbonates; Potassium Carbonate Exports in Greece

Carbonates; potassium carbonate exports from Greece surged to 3.3 tons in 2022, picking up by 24% on the year before. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, carbonates; potassium carbonate exports skyrocketed to $11K in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Carbonates; Potassium Carbonate in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Albania2.52.33.75.530.1%
Cyprus1.31.31.54.955.6%
BulgariaN/AN/AN/A0.30%
OthersN/AN/AN/AN/A0%
Total3.83.65.110.741.2%

Top Export Markets for Carbonates; Potassium Carbonate from Greece in 2022:

  1. Albania (1.6 tons)
  2. Cyprus (1.5 tons)
  3. Bulgaria (0.1 tons)

Source: IndexBox Market Intelligence Platform

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