Greece: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Greece

The Greek market for clays for construction and industrial use contracted slightly to $X in 2022, falling by -4.5% against the previous year. Over the period under review, consumption showed a deep reduction. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Clays For Construction and Industrial Use in Greece

In value terms, production of clays for construction and industrial use contracted slightly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 19% against the previous year. Over the period under review, production of reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Clays For Construction and Industrial Use

Exports from Greece

In 2022, approx. X tons of clays for construction and industrial use were exported from Greece; with an increase of 12% compared with the previous year. Over the period under review, exports recorded buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 92% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of clays for construction and industrial use rose rapidly to $X in 2022. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 89% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Cyprus (X tons), Italy (X tons) and India (X tons) were the main destinations of exports of clays for construction and industrial use from Greece, with a combined 47% share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +222.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Cyprus ($X) and Serbia ($X) were the largest markets for clays for construction and industrial use exported from Greece worldwide, with a combined 42% share of total exports. India, Nigeria, Indonesia, Bulgaria, Saudi Arabia, the United Arab Emirates, Ukraine, France and Turkey lagged somewhat behind, together accounting for a further 32%.

India, with a CAGR of +232.9%, recorded the highest growth rate of 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

The average export price for clays for construction and industrial use stood at $X per ton in 2022, leveling off at the previous year. In general, the export price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 10% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Turkey ($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 Indonesia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clays For Construction and Industrial Use

Imports into Greece

In 2022, overseas purchases of clays for construction and industrial use decreased by -11.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +14.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 151% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of clays for construction and industrial use soared to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 68% against the previous year. Over the period under review, imports of attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Egypt (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of imports of clays for construction and industrial use to Greece, with a combined 45% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +64.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Peru ($X) were the largest clays for construction and industrial use suppliers to Greece, with a combined 52% share of total imports. China, Spain, Egypt, Turkey, Italy, the UK, the Netherlands and Ukraine lagged somewhat behind, together accounting for a further 35%.

In terms of the main suppliers, Egypt, with a CAGR of +71.8%, recorded the highest rates of growth with regard to 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

The average import price for clays for construction and industrial use stood at $X per ton in 2022, increasing by 37% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the UK ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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