Petroleum Jelly Price in Greece - 2023
Contents:
- Petroleum Jelly Price in Greece (CIF) - 2022
- Petroleum Jelly Price in Greece (FOB) - 2022
- Petroleum Jelly Imports in Greece
- Petroleum Jelly Exports in Greece
Petroleum Jelly Price in Greece (CIF) - 2022
The average petroleum jelly import price stood at $3,156 per ton in 2022, with an increase of 21% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 37% against the previous year. The import price peaked at $3,517 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,856 per ton), while the price for Bulgaria ($2,380 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum Jelly Price in Greece (FOB) - 2022
In 2022, the average petroleum jelly export price amounted to $5,442 per ton, growing by 2% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Albania ($19,091 per ton), while the average price for exports to Romania ($2,191 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 (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Petroleum Jelly Imports in Greece
In 2022, purchases abroad of petroleum jellies decreased by -24% to 397 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2020 with an increase of 88%. As a result, imports reached the peak of 776 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, petroleum jelly imports dropped to $1.3M in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 70%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Petroleum Jelly in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 258 | 559 | 440 | 395 | 15.3% |
| India | 5.4 | 13.1 | 43.3 | 262 | 264.7% |
| France | 132 | 205 | 90.1 | 234 | 21.0% |
| Italy | 192 | 258 | 407 | 197 | 0.9% |
| Netherlands | 418 | 683 | 260 | 66.6 | -45.8% |
| Bulgaria | 45.2 | 84.0 | 91.8 | 34.7 | -8.4% |
| United Kingdom | 44.8 | 45.3 | 17.7 | 2.2 | -63.4% |
| Others | 1.8 | 17.1 | 9.1 | 60.5 | 222.7% |
| Total | 1,097 | 1,864 | 1,359 | 1,252 | 4.5% |
Top Suppliers of Petroleum Jelly to Greece in 2022:
- Germany (149.9 tons)
- India (105.8 tons)
- Italy (71.3 tons)
- France (34.2 tons)
- Bulgaria (14.6 tons)
- Netherlands (12.7 tons)
- United Kingdom (1.0 tons)
Petroleum Jelly Exports in Greece
In 2022, exports of petroleum jellies from Greece skyrocketed to 31 tons, with an increase of 110% against the year before. In general, exports saw a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 152% against the previous year. As a result, the exports reached the peak of 48 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, petroleum jelly exports soared to $167K in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 359% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Petroleum Jelly in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.5 | 79.4 | 47.9 | 101 | 306.8% |
| Italy | 6.1 | 8.8 | 19.6 | 54.2 | 107.1% |
| Cyprus | 3.1 | 2.4 | 3.1 | 6.0 | 24.6% |
| Latvia | N/A | N/A | N/A | 2.6 | 0% |
| Romania | 14.3 | 53.2 | 7.1 | 2.5 | -44.1% |
| Albania | 6.1 | 5.6 | N/A | 0.2 | -68.0% |
| Others | 1.7 | 1.0 | 0.5 | 0.3 | -43.9% |
| Total | 32.8 | 150 | 78.3 | 167 | 72.0% |
Top Export Markets for Petroleum Jelly from Greece in 2022:
- Albania (undefined tons)
- Italy (20.1 tons)
- France (8.2 tons)
- Romania (1.1 tons)
- Cyprus (0.7 tons)
- Latvia (0.6 tons)
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