Greece: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2025

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Greece

The Greek cement prefabricated structural components market soared to $X in 2021, jumping by 55% against the previous year. Overall, consumption showed a notable increase. Cement prefabricated structural components consumption peaked in 2021 and is likely to see steady growth in years to come.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Greece

In value terms, cement prefabricated structural components production soared to $X in 2021 estimated in export price. Over the period under review, production posted a remarkable increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 65%. Cement prefabricated structural components production peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Greece

In 2021, shipments abroad of prefabricated structural components of cement, concrete or artificial stone was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 1,086%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, cement prefabricated structural components exports skyrocketed to $X in 2021. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2014 when exports increased by 2,497%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Spain (X tons), Turkey (X tons) and Chile (X tons) were the main destinations of cement prefabricated structural components exports from Greece, with a combined 30% share of total exports. These countries were followed by Algeria, the United Arab Emirates, Argentina, Italy, Cyprus, Uruguay, Hong Kong SAR, North Macedonia, China and Morocco, which together accounted for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +182.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cement prefabricated structural components exported from Greece were Spain ($X), Turkey ($X) and Algeria ($X), with a combined 30% share of total exports. These countries were followed by the United Arab Emirates, Cyprus, Chile, Italy, North Macedonia, Hong Kong SAR, Argentina, Morocco, China and Uruguay, which together accounted for a further 39%.

Among the main countries of destination, Morocco, with a CAGR of +180.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cement prefabricated structural components export price stood at $X per ton in 2021, shrinking by -4.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 119%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Uruguay ($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 North Macedonia (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Greece

In 2021, supplies from abroad of prefabricated structural components of cement, concrete or artificial stone increased by 299% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports showed mild growth. The growth pace was the most rapid in 2016 with an increase of 532%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, cement prefabricated structural components imports soared to $X in 2021. Over the period under review, imports posted a prominent increase. The pace of growth appeared the most rapid in 2016 when imports increased by 1,341% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) was the main cement prefabricated structural components supplier to Greece, with a 91% share of total imports. Moreover, cement prefabricated structural components imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+32.5% per year) and Bulgaria (+4.5% per year).

In value terms, Turkey ($X), Bulgaria ($X) and Italy ($X) constituted the largest cement prefabricated structural components suppliers to Greece, together accounting for 93% of total imports.

Italy, with a CAGR of +35.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average cement prefabricated structural components import price amounted to $X per ton, waning by -45.8% against the previous year. In general, the import price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 161%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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