Greece: Market for Gypsum, Anhydrite And Limestone 2025

Market Size for Gypsum, Anhydrite And Limestone in Greece

The Greek gypsum, anhydrite and limestone market reached $X in 2021, picking up by 7.2% against the previous year. Overall, consumption posted buoyant growth. Gypsum, anhydrite and limestone consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Gypsum, Anhydrite And Limestone in Greece

In value terms, gypsum, anhydrite and limestone production amounted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 38%. Gypsum, anhydrite and limestone production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Gypsum, Anhydrite And Limestone

Exports from Greece

In 2021, gypsum, anhydrite and limestone exports from Greece declined significantly to X tons, with a decrease of -22.5% against 2020. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, gypsum, anhydrite and limestone exports fell to $X in 2021. In general, exports saw a abrupt decline. The pace of growth was the most pronounced in 2013 with an increase of 26%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Romania (X tons), Lebanon (X tons) and Turkey (X tons) were the main destinations of gypsum, anhydrite and limestone exports from Greece, together accounting for 100% 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 Romania (with a CAGR of -0.2%), while the other leaders experienced a decline.

In value terms, Lebanon ($X) remains the key foreign market for gypsum, anhydrite and limestone exports from Greece, comprising 58% of total exports. The second position in the ranking was taken by Romania ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Lebanon was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-1.6% per year) and Turkey (-17.1% per year).

Export Prices by Country

The average gypsum, anhydrite and limestone export price stood at $X per ton in 2021, picking up by 16% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 48%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the average price for exports to Romania ($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 Lebanon (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Gypsum, Anhydrite And Limestone

Imports into Greece

In 2021, after three years of decline, there was significant growth in overseas purchases of gypsum, anhydrite and limestone, when their volume increased by 43% to X tons. Over the period under review, imports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 54% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, gypsum, anhydrite and limestone imports soared to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 51% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

North Macedonia (X tons), the Czech Republic (X tons) and Bulgaria (X tons) were the main suppliers of gypsum, anhydrite and limestone imports to Greece, together accounting for 67% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +119.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gypsum, anhydrite and limestone suppliers to Greece were the Czech Republic ($X), North Macedonia ($X) and Turkey ($X), together comprising 62% of total imports.

The Czech Republic, with a CAGR of +49.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average gypsum, anhydrite and limestone import price amounted to $X per ton, which is down by -1.8% against the previous year. In general, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 62%. The import price peaked at $X per ton in 2020, and then dropped modestly in the following year.

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 Germany ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by North Macedonia (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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