Greece: Non-Alloy Aluminium Bar Market 2025

Non-Alloy Aluminium Bar Market Size in Greece

The Greek non-alloy aluminium bar market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption saw a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Alloy Aluminium Bar Production in Greece

In value terms, non-alloy aluminium bar production surged to $X in 2021 estimated in export price. In general, production saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 68% against the previous year. Over the period under review, production hit record highs in 2021 and is expected to retain growth in years to come.

Non-Alloy Aluminium Bar Exports

Exports from Greece

Non-alloy aluminium bar exports from Greece skyrocketed to X tons in 2021, with an increase of 26% compared with 2020. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +98.0% against 2014 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-alloy aluminium bar exports skyrocketed to $X in 2021. In general, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of non-alloy aluminium bar exports from Greece, together comprising 51% of total exports. Israel, the UK, Austria, Poland, Serbia, Romania, Italy, Cyprus, Switzerland and Bulgaria lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +67.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for non-alloy aluminium bar exported from Greece worldwide, together comprising 46% of total exports. These countries were followed by the UK, Israel, Austria, Poland, Serbia, Cyprus, Romania, Italy, Switzerland and Bulgaria, which together accounted for a further 45%.

Poland, with a CAGR of +61.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-alloy aluminium bar export price stood at $X per ton in 2021, jumping by 28% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Austria ($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 Bulgaria (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Aluminium Bar Imports

Imports into Greece

In 2021, after four years of decline, there was significant growth in overseas purchases of non-alloy aluminium bars, rods and profiles, when their volume increased by 31% to X tons. Overall, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 67% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, non-alloy aluminium bar imports soared to $X in 2021. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of 68% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), Bulgaria (X tons) and Germany (X tons) were the main suppliers of non-alloy aluminium bar imports to Greece, with a combined 74% share of total imports. Italy, Serbia, Albania, the United Arab Emirates, Spain, China and India lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +176.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Bulgaria ($X) and Germany ($X) appeared to be the largest non-alloy aluminium bar suppliers to Greece, with a combined 71% share of total imports. These countries were followed by Albania, Italy, Serbia, China, the United Arab Emirates, Spain and India, which together accounted for a further 22%.

The United Arab Emirates, with a CAGR of +121.3%, recorded the highest rates of growth with regard to the value of imports, among 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 non-alloy aluminium bar import price amounted to $X per ton, increasing by 24% against the previous year. Over the last nine years, it increased at an average annual rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Albania ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Albania (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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