Greece: Miscellaneous Ferro-Alloys Market 2024

Miscellaneous Ferro-Alloys Market Size in Greece

The Greek miscellaneous ferro-alloys market expanded markedly to $X in 2023, growing by X% against the previous year. In general, the total consumption indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Miscellaneous Ferro-Alloys Production in Greece

In value terms, miscellaneous ferro-alloys production rose rapidly to $X in 2023 estimated in export price. Overall, the total production indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Miscellaneous Ferro-Alloys Exports

Exports from Greece

For the fourth consecutive year, Greece recorded decline in shipments abroad of miscellaneous ferro-alloys, which decreased by X% to X kg in 2023. Overall, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, miscellaneous ferro-alloys exports totaled $X in 2023. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) and Bulgaria (X kg) were the main destinations of miscellaneous ferro-alloys exports from Greece.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%).

From 2012 to 2023, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

The average miscellaneous ferro-alloys export price stood at $X per ton in 2023, therefore, remained relatively stable against the previous year. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Bulgaria amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Miscellaneous Ferro-Alloys Imports

Imports into Greece

In 2023, approx. X tons of miscellaneous ferro-alloys were imported into Greece; with an increase of X% compared with the year before. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, miscellaneous ferro-alloys imports amounted to $X in 2023. In general, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Italy (X tons), China (X tons) and Germany (X tons) were the main suppliers of miscellaneous ferro-alloys imports to Greece, together comprising X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest miscellaneous ferro-alloys suppliers to Greece were Italy ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Spain, the UK, France, Mexico and Bulgaria lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average miscellaneous ferro-alloys import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform