Acrylic Polymer Market Overview in Greece
In value terms, acrylic polymer production expanded to $ in 2019 estimated in export prices. Over the period under review, the total production indicated a slight expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -% against 2017 indices. The pace of growth was the most pronounced in 2011 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2014; however, from 2015 to 2019, production failed to regain the momentum.
The revenue of the acrylic polymer market in Greece reached $ in 2019, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of % y-o-y. Over the period under review, the market attained the maximum level in 2019 and is expected to retain growth in years to come.