Greece: Gold Ore Market 2020

Gold Ore Market Size in Greece

The revenue of the gold ore market in Greece amounted to $X in 2017, falling by -X% against the previous year. In general, gold ore consumption continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2011, when market value increased by X% y-o-y. Greece gold ore consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Gold Ore Production in Greece

In 2017, the amount of gold ores and concentrates produced in Greece amounted to X tons, standing approx. at the previous year. Overall, gold ore production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. Greece gold ore production peaked of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Gold Ore Exports from Greece

In 2017, the amount of gold ores and concentrates exported from Greece amounted to X tons, coming up by X% against the previous year. In general, gold ore exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2017, when exports increased by X% year-to-year. In that year, the gold ore exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, gold ore exports amounted to $X in 2017. Overall, gold ore exports continue to indicate a skyrocketing growth. In that year, the gold ore exports attained their peak level, and are likely to continue its growth in the immediate term.

Gold Ore Exports by Country from Greece

Australia was the key exporter of gold ores and concentrates in the world, with the volume of exports recording X tons, which was near X% of total exports in 2017. It was distantly followed by Russia (X tons), Turkey (X tons) and Tanzania (X tons), together generating X% share of total exports. Greece (X tons), Ecuador (X tons), Papua New Guinea (X tons), Peru (X tons), Malaysia (X tons) and Spain (X tons) occupied the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest gold ore supplier from Greece, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Tanzania, with a X% share.

In Australia, gold ore exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+X% per year) and Tanzania (+X% per year).

Gold Ore Export Prices by Country in Greece

The gold ore export price in Greece stood at $X per ton in 2017, surging by X% against the previous year. Overall, the export price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gold ore export price increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2017, when it surged by X% y-o-y. In that year, the export prices for gold ores and concentrates attained their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tanzania ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Gold Ore Imports into Greece

In 2017, approx. X tons of gold ores and concentrates were imported into Greece; increasing by X% against the previous year. In general, the total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gold ore imports increased by +X% against 2011 indices. The growth pace was the most rapid in 2012, with an increase of X% year-to-year. Greece imports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, gold ore imports amounted to $X in 2017. In general, the total imports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gold ore imports increased by +X% against 2011 indices. Greece imports peaked in 2017, and are likely to see steady growth in the immediate term.

Gold Ore Imports by Country into Greece

In 2017, South Korea (X tons), distantly followed by China (X tons), the UK (X tons) and Mexico (X tons) represented the main importers of gold ores and concentrates, together constituting X% of total imports. The Philippines (X tons), Kazakhstan (X tons), Belgium (X tons) and India (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported gold ores and concentrates into Greece, making up X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-X% per year) and South Korea (+X% per year).

Gold Ore Import Prices by Country in Greece

In 2017, the gold ore import price in Greece amounted to $X per ton, remaining stable against the previous year. In general, gold ore import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for gold ores and concentrates reached its peak figure level of $X per ton in 2007; afterwards, it flattened through to 2017.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Philippines ($X per kg), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform