The Argon market in Greece has experienced fluctuations over the past decade. In 2023, the market size stood at approximately 5.2949 million euros. Year-on-year percentage variations indicate declines in recent years, with a significant decrease noted in 2014 and 2016, while 2017 and 2019 saw growth. Over the last two years, the market continued its decline, with year-on-year decreases of 2.71% in 2022 and 2.76% in 2023. The compound annual growth rate over the last five years was slightly positive at 0.71%.
Future trends to watch for:
- Global economic conditions impacting industrial gas markets.
- Technological advancements in applications utilizing Argon.
- Potential regulatory changes in environmental or manufacturing policies affecting demand.
How does Greece rank in Argon Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 137,830,000 | 2023 | -0.97% | -2.21% | View data |
| 2 | 2 Spain | 129,800,000 | 2023 | +2.99% | +1.58% | View data |
| 3 | 3 Germany | 99,965,000 | 2023 | +0.14% | -1.73% | View data |
| 4 | 4 Poland | 82,356,000 | 2023 | +4.69% | +4.39% | View data |
| 5 | 5 Hungary | 47,723,000 | 2023 | +5.47% | +6.82% | View data |
| 6 | 6 Belgium | 34,931,000 | 2023 | +1.34% | +0.26% | View data |
| 7 | 7 Portugal | 20,647,000 | 2023 | +10.94% | +8.49% | View data |
| 8 | 8 Greece | 5,294,900 | 2023 | -2.76% | +0.71% | |
| 9 | 9 Croatia | 3,965,700 | 2023 | +0.83% | +2.35% | View data |
| 10 | 10 Bulgaria | 3,651,600 | 2023 | +0.75% | +1.26% | View data |
