Greece: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in Greece

The Greek double or complex silicates market reduced to $X in 2022, declining by X% against 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). In general, consumption, however, recorded a resilient increase. Double or complex silicates consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Double Or Complex Silicates

Exports from Greece

In 2022, overseas shipments of double or complex silicates decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped remarkably in the following year.

In value terms, double or complex silicates exports fell dramatically to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Cyprus (X tons), China (X tons) and Albania (X tons) were the main destinations of double or complex silicates exports from Greece, with a combined X% share of total exports. North Macedonia and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Cyprus ($X) and Albania ($X) appeared to be the largest markets for double or complex silicates exported from Greece worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Albania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average double or complex silicates export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced a decline.

Imports of Double Or Complex Silicates

Imports into Greece

In 2022, the amount of double or complex silicates imported into Greece fell sharply to X tons, declining by X% on the year before. Over the period under review, imports, however, showed notable growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, double or complex silicates imports reduced modestly to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), the Netherlands (X tons) and Spain (X tons) were the main suppliers of double or complex silicates imports to Greece, with a combined X% share of total imports. Germany, Bosnia and Herzegovina, Belgium, Turkey, Poland, Serbia and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest double or complex silicates suppliers to Greece were India ($X), Germany ($X) and the Netherlands ($X), together comprising X% of total imports. Spain, Belgium, Poland, Bosnia and Herzegovina, Turkey, Italy and Serbia lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average double or complex silicates import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price recorded a temperate expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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