Report Update Nov 1, 2024

Greece - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Industrial Diamond Market 2024

Industrial Diamond Market Size in Greece

In 2021, the Greek industrial diamond market decreased by 99.9% to less than $X, falling for the sixth year in a row after four years of growth. Over the period under review, consumption, however, faced a deep reduction. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Industrial Diamond Production in Greece

In value terms, industrial diamond production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 314% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Industrial Diamond Exports

Exports from Greece

In 2020, after two years of growth, there was significant decline in shipments abroad of diamonds (industrial), when their volume decreased by -91.3% to X tons. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by 114,552% against the previous year. As a result, the exports reached the peak of X tons, and then reduced rapidly in the following year.

In value terms, industrial diamond exports contracted remarkably to $X in 2020. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 61,592% against the previous year. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

Italy (X tons) was the main destination for industrial diamond exports from Greece, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Italy amounted to +62.5%.

In value terms, Italy ($X) also remains the key foreign market for industrial diamond exports from Greece.

From 2012 to 2020, the average annual rate of growth in terms of value to Italy stood at +27.3%.

Export Prices by Country

The average industrial diamond export price stood at $X per kg in 2020, which is down by -9% against the previous year. Over the period under review, the export price showed a sharp contraction. The growth pace was the most rapid in 2015 when the average export price increased by 13% against the previous year. As a result, the export price reached the peak level of $X per kg. From 2016 to 2020, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2020, the rate of growth in terms of prices for Italy amounted to -21.7% per year.

Industrial Diamond Imports

Imports into Greece

After five years of growth, purchases abroad of diamonds (industrial) decreased by -54% to X tons in 2021. Overall, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 346%. As a result, imports attained the peak of X tons, and then contracted sharply in the following year.

In value terms, industrial diamond imports declined sharply to $X in 2021. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2019 when imports increased by 158% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) were the main suppliers of industrial diamond imports to Greece.

From 2014 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +92.1%).

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the largest industrial diamond suppliers to Greece.

The Netherlands, with a CAGR of +50.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average industrial diamond import price stood at $X per kg in 2021, picking up by 59% against the previous year. Over the period under review, the import price, however, saw a pronounced shrinkage. The import price peaked at $X per kg in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per kg), while the price for Belgium amounted to $X per kg.

From 2014 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+145.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diamonds (industrial) in the world?

The United Arab Emirates constituted the country with the largest volume of industrial diamond consumption, comprising approx. 59% of total volume. Moreover, industrial diamond consumption in the United Arab Emirates exceeded the figures recorded by the second-largest consumer, Ireland, threefold. The third position in this ranking was occupied by China, with a 3.4% share.

What are the largest producers of diamonds (industrial) in the world?

Angola constituted the country with the largest volume of industrial diamond production, comprising approx. 25% of total volume. Moreover, industrial diamond production in Angola exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was occupied by Canada, with an 8.1% share.

What are the leading suppliers of diamonds (industrial) to Greece?

In value terms, the Netherlands and Belgium appeared to be the largest industrial diamond suppliers to Greece.

What are the leading importers of diamonds (industrial) from Greece?

In value terms, Italy remains the key foreign market for industrial diamond exports from Greece.

What is the average export price for diamonds (industrial) in Greece?

The average industrial diamond export price stood at $0.8 per kg in 2020, shrinking by -40.6% against the previous year.

What is the average import price for diamonds (industrial) in Greece?

In 2021, the average industrial diamond import price amounted to $11 per kg, dropping by -46.8% against the previous year.

This report provides an in-depth analysis of the industrial diamond market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives

Country coverage:

Greece

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023