Greece: Fireclay Market 2024

Fireclay Market Size in Greece

The Greek fireclay market was estimated at $X in 2021, remaining stable against the previous year. The market value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Fireclay Production in Greece

In value terms, fireclay production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 38% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Fireclay Exports

Exports from Greece

Fireclay exports from Greece soared to X tons in 2021, with an increase of 149% on 2020. Over the period under review, exports saw a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 992% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, fireclay exports surged to $X in 2021. In general, exports showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 483% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Albania (X tons), the United Arab Emirates (X tons) and Jordan (X tons) were the main destinations of fireclay exports from Greece, with a combined 99% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Albania (with a CAGR of +52.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for fireclay exports from Greece, comprising 78% of total exports. The second position in the ranking was held by Albania ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +47.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (+74.3% per year) and Jordan (0.0% per year).

Export Prices by Country

The average fireclay export price stood at $X per ton in 2021, which is down by -10.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 231%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Albania ($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 the United Arab Emirates (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fireclay Imports

Imports into Greece

In 2021, approx. X kg of fireclay were imported into Greece; which is down by -99.5% on 2020 figures. Over the period under review, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 102,089% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, fireclay imports dropped notably to $X in 2021. Overall, imports faced a dramatic contraction. The growth pace was the most rapid in 2020 with an increase of 3,246% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X kg), Australia (X kg) and Tunisia (X kg) were the main suppliers of fireclay imports to Greece, together accounting for 83% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Tunisia (with a CAGR of 0.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X) constituted the largest supplier of fireclay to Greece, comprising 66% of total imports. The second position in the ranking was held by Australia ($X), with a 13% share of total imports. It was followed by Tunisia, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value from the UK amounted to -28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-23.2% per year) and Tunisia (0.0% per year).

Import Prices by Country

In 2021, the average fireclay import price amounted to $X per ton, increasing by 6,069% against the previous year. Over the period under review, the import price posted a buoyant increase. 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 2021, the country with the highest price was the UK ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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