Greece: Alumina Market 2020

Alumina Market Size in Greece

The revenue of the alumina market in Greece amounted to $X in 2018, growing by X% against the previous year. Over the period under review, alumina consumption, however, continues to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Alumina consumption peaked at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Alumina Production in Greece

In value terms, alumina production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated moderate growth from 2007 to 2018: 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 2018 figures, alumina production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 when production volume increased by X% against the previous year. Over the period under review, alumina production attained its maximum level in 2018 and is likely to see steady growth in the immediate term.

Alumina Exports

Exports from Greece

In 2018, approx. X tons of alumina were exported from Greece; remaining relatively unchanged against the previous year. In general, alumina exports, however, continue to indicate a measured descent. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, alumina exports stood at $X in 2018. Overall, alumina exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Ukraine (X tons), Bosnia and Herzegovina (X tons) and Slovenia (X tons) were the main destinations of alumina exports from Greece, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for alumina exported from Greece were Bosnia and Herzegovina ($X), Slovenia ($X) and Slovakia ($X), together accounting for X% of total exports.

Bosnia and Herzegovina experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average alumina export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price indicated a temperate increase from 2007 to 2018: its price 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 2018 figures, alumina export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for alumina attained their maximum in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina, while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into Greece

In 2018, approx. X tons of alumina were imported into Greece; growing by X% against the previous year. Over the period under review, alumina imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at X tons in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, alumina imports amounted to $X in 2018. Overall, alumina imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. In that year, alumina imports reached their peak of $X. From 2012 to 2018, the growth of alumina imports remained at a lower figure.

Imports by Country

In 2018, France (X tons) constituted the largest alumina supplier to Greece, with a X% share of total imports. Moreover, alumina imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Germany (+X% per year).

In value terms, France ($X), Italy ($X) and the U.S. ($X) constituted the largest alumina suppliers to Greece, together comprising X% of total imports. These countries were followed by the Netherlands, Germany, Austria and South Korea, which together accounted for a further X Netherlands (+X% per year) recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average alumina import price stood at $X per ton in 2018, reducing by -X% against the previous year. Over the period under review, the import price indicated a slight increase from 2007 to 2018: its price 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 2018 figures, alumina import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average import prices for alumina attained their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :