Report Update Jan 1, 2025

Greece - Flat-Rolled Products of Silicon-Electrical Steel - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Market for Flat-Rolled Products Of Silicon-Electrical Steel 2025

Market Size for Flat-Rolled Products Of Silicon-Electrical Steel in Greece

In 2021, the Greek silicon-electrical steel flat-rolled product market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption recorded a abrupt slump. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Exports of Flat-Rolled Products Of Silicon-Electrical Steel

Exports from Greece

In 2020, exports of flat-rolled products of silicon-electrical steel from Greece shrank sharply to X tons, with a decrease of -35.3% on 2019. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 179% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2020, the exports stood at a somewhat lower figure.

In value terms, silicon-electrical steel flat-rolled product exports declined rapidly to $X in 2020. Overall, exports showed a significant decline. The growth pace was the most rapid in 2018 when exports increased by 97%. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for silicon-electrical steel flat-rolled product exports from Greece, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Malaysia was relatively modest.

In value terms, Malaysia ($X) emerged as the key foreign market for flat-rolled products of silicon-electrical steel exports from Greece.

From 2012 to 2020, the average annual rate of growth in terms of value to Malaysia was relatively modest.

Export Prices by Country

The average silicon-electrical steel flat-rolled product export price stood at $X per ton in 2020, reducing by -76.5% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 63%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Bulgaria amounted to +3.0% per year.

Imports of Flat-Rolled Products Of Silicon-Electrical Steel

Imports into Greece

In 2021, overseas purchases of flat-rolled products of silicon-electrical steel decreased by -27.1% to X tons, falling for the third consecutive year after two years of growth. Overall, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 102% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, silicon-electrical steel flat-rolled product imports surged to $X in 2021. Over the period under review, imports showed a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by 64%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Bulgaria (X tons) and Italy (X tons) were the main suppliers of silicon-electrical steel flat-rolled product imports to Greece, together accounting for 99.9% of total imports.

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 +37.3%), while imports for the other leaders experienced a decline.

In value terms, the largest silicon-electrical steel flat-rolled product suppliers to Greece were Germany ($X), Bulgaria ($X) and Italy ($X), with a combined 99.9% share of total imports.

Bulgaria, with a CAGR of +66.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average silicon-electrical steel flat-rolled product import price stood at $X per ton in 2021, jumping by 110% against the previous year. In general, the import price saw a remarkable 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, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany ($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 (+78.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flat-rolled products of silicon-electrical steel in the world?

The country with the largest volume of silicon-electrical steel flat-rolled product consumption was China, accounting for 62% of total volume. Moreover, silicon-electrical steel flat-rolled product consumption in China exceeded the figures recorded by the second-largest consumer, Kazakhstan, more than tenfold. The third position in this ranking was occupied by India, with a 3.5% share.

What are the largest producers of flat-rolled products of silicon-electrical steel in the world?

The country with the largest volume of silicon-electrical steel flat-rolled product production was China, comprising approx. 64% of total volume. Moreover, silicon-electrical steel flat-rolled product production in China exceeded the figures recorded by the second-largest producer, Kazakhstan, more than tenfold. Japan ranked third in terms of total production with a 4.8% share.

What are the leading suppliers of flat-rolled products of silicon-electrical steel to Greece?

In value terms, Germany, Bulgaria and Italy appeared to be the largest silicon-electrical steel flat-rolled product suppliers to Greece, with a combined 98% share of total imports.

What is the average export price for flat-rolled products of silicon-electrical steel in Greece?

The average silicon-electrical steel flat-rolled product export price stood at $323 per ton in 2020, dropping by -73% against the previous year.

What is the average import price for flat-rolled products of silicon-electrical steel in Greece?

In 2021, the average silicon-electrical steel flat-rolled product import price amounted to $7,738 per ton, surging by 103% against the previous year.

This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product 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 24105310 - Electrical sheet and strip, grain oriented of a width of .600 mm or more
Prodcom 24105330 - Flat-rolled products of silicon-electrical steel, of a width . .600 mm, non-grain-oriented
Prodcom 24105410 - Electrical cold-rolled slit strip, grain oriented, in silicon-alloy steel, of a width of < .600 mm
Prodcom 24105430 - Flat-rolled products of silicon-electrical steel, of a width < .600 mm, non-grain-oriented

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024