Greece: Articles Of Zinc Market 2025

Articles Of Zinc Market Size in Greece

In 2021, the Greek articles of zinc market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Articles Of Zinc Production in Greece

In value terms, articles of zinc production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, production attained the maximum level at $X in 2018; afterwards, it flattened through to 2021.

Articles Of Zinc Exports

Exports from Greece

In 2021, shipments abroad of articles of zinc decreased by -51.5% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports saw a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, articles of zinc exports declined remarkably to $X in 2021. In general, exports, however, recorded mild growth. The most prominent rate of growth was recorded in 2019 when exports increased by 67%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bulgaria (X tons), Israel (X tons) and Turkey (X tons) were the main destinations of articles of zinc exports from Greece, with a combined 63% share of total exports. These countries were followed by Italy, Germany, Cyprus, Liberia, Romania and Montenegro, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +59.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Israel ($X) and Germany ($X) appeared to be the largest markets for articles of zinc exported from Greece worldwide, together comprising 56% of total exports. These countries were followed by Turkey, Cyprus, Romania, Italy, Liberia and Montenegro, which together accounted for a further 33%.

Italy, with a CAGR of +63.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average articles of zinc export price amounted to $X per ton, increasing by 22% against the previous year. In general, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2014 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+45.1%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Zinc Imports

Imports into Greece

In 2021, the amount of articles of zinc imported into Greece soared to X tons, increasing by 16% against 2020 figures. Overall, imports showed a remarkable increase. The growth pace was the most rapid in 2014 with an increase of 109%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, articles of zinc imports reduced to $X in 2021. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2014 when imports increased by 83% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of articles of zinc imports to Greece, together accounting for 85% of total imports. Austria, Bulgaria and the Netherlands lagged somewhat behind, together comprising a further 8.9%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +100.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest articles of zinc suppliers to Greece were China ($X), Austria ($X) and Italy ($X), with a combined 69% share of total imports. These countries were followed by Germany, Bulgaria and the Netherlands, which together accounted for a further 15%.

Bulgaria, with a CAGR of +69.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average articles of zinc import price stood at $X per ton in 2021, waning by -25.4% against the previous year. In general, the import price recorded a mild setback. The pace of growth appeared the most rapid in 2017 an increase of 46%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then reduced rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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