**Greece Sees Surge in Pine Oil Imports Amid Seasonal Demand**
**Market Trends Point to Rising Demand for Aromatics in Summer Months**
• Greek imports of pine oil rose by 15% in June compared to the same month last year, reaching 1,200 metric tons.
• The increase is attributed to a rise in demand from the pharmaceutical and cosmetic sectors, driven by summer sales.
• Prices for pine oil at the port of Piraeus have stabilized at $2,500 per metric ton, following a seasonal adjustment.
Greece’s imports of pine oil continued their upward trend in June, as the country’s cosmetics and pharmaceutical industries ramp up production ahead of the peak summer season. The surge in demand is expected to persist through July and August, with prices remaining stable due to a balanced supply situation. Industry insiders attribute the increase to a rise in consumer spending on personal care products and health supplements during the warmest months of the year.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 14,950 | 73,112 |
| 2021 | 15,145 | 74,587 |
| 2022 | 43,405 | 290,963 |
| 2023 | 7,078 | 46,612 |
| 2024 | 1,077 | 9,510 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Spain | 736 | 8,005 |
| India | 341 | 1,505 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| India | 6,780 | 43,245 |
| Spain | 298 | 3,367 |
