Greece Sees Surge in Coal Tar Derivative Imports Amid EU Demand
Imports Rise as Refining Sector Expands to Meet Seasonal Demands
• Greek imports of oils from distillation of high-temperature coal tar increased by 12% year-over-year in June, reaching 1.3 million liters.
• The surge is attributed to a rise in domestic refining capacity, driven by EU environmental regulations and increasing demand for petrochemicals.
• Prices for these products have stabilized at around €450 per tonne due to improved supply chain efficiency.
Greek refineries are taking advantage of seasonal peaks in demand to boost production of coal tar derivatives. The country’s expanding refining sector is expected to support continued growth in imports, driven by EU directives on petrochemicals and a stabilizing market price for these products.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 91,585,239 | 31,718,673 |
| 2021 | 26,202,721 | 13,061,171 |
| 2022 | 10,032,322 | 12,062,910 |
| 2023 | 9,614,316 | 11,183,642 |
| 2024 | 30,954,663 | 21,577,057 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Spain | 19,872,823 | 9,861,568 |
| Israel | 2,714,982 | 2,647,191 |
| Denmark | 2,106,740 | 2,197,378 |
| Bulgaria | 1,852,593 | 1,947,738 |
| Turkey | 1,770,698 | 2,018,298 |
| Germany | 1,460,499 | 1,595,216 |
| Belgium | 778,000 | 719,476 |
| India | 185,820 | 223,824 |
| Netherlands | 90,338 | 145,031 |
| United Arab Emirates | 89,020 | 102,114 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Denmark | 2,226,860 | 2,348,712 |
| Spain | 2,158,568 | 2,316,798 |
| Turkey | 2,090,714 | 2,637,470 |
| Bulgaria | 1,493,610 | 1,749,854 |
| Germany | 582,238 | 643,153 |
| Israel | 383,400 | 448,471 |
| United Arab Emirates | 313,050 | 394,718 |
| Belgium | 251,859 | 344,880 |
| India | 42,230 | 50,964 |
| Cyprus | 34,599 | 81,469 |
