Greece: Market for Wire Rod Used For Concrete Reinforcing 2022

Market Size for Wire Rod Used For Concrete Reinforcing in Greece

The Greek concrete reinforcing wire rod market totaled less than $X in 2020, almost unchanged from the previous year. Over the period under review, consumption saw a relatively flat trend pattern.

Production of Wire Rod Used For Concrete Reinforcing in Greece

In value terms, concrete reinforcing wire rod production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production saw a prominent expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Wire Rod Used For Concrete Reinforcing

Exports from Greece

In 2021, the amount of wire rod used for concrete reinforcing exported from Greece surged to X tons, increasing by X% on 2020. Overall, exports saw a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, concrete reinforcing wire rod exports skyrocketed to $X in 2021. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Romania (X tons) was the main destination for concrete reinforcing wire rod exports from Greece, with a X% share of total exports. Moreover, concrete reinforcing wire rod exports to Romania exceeded the volume sent to the second major destination, Israel (X tons), twofold. The third position in this ranking was taken by Bulgaria (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+X% per year) and Bulgaria (+X% per year).

In value terms, Romania ($X) remains the key foreign market for concrete reinforcing wire rod exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+X% per year) and Bulgaria (+X% per year).

Export Prices by Country

The average concrete reinforcing wire rod export price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, the countries with the highest prices were Kosovo ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Israel ($X per ton) and Cyprus ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kosovo (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wire Rod Used For Concrete Reinforcing

Imports into Greece

In 2021, the amount of wire rod used for concrete reinforcing imported into Greece skyrocketed to X tons, growing by X% on the previous year's figure. In general, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete reinforcing wire rod imports soared to $X in 2021. Overall, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons), Spain (X tons) and Ukraine (X tons) were the main suppliers of concrete reinforcing wire rod imports to Greece, with a combined X% share of total imports.

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

In value terms, Russia ($X), Spain ($X) and Ukraine ($X) appeared to be the largest concrete reinforcing wire rod suppliers to Greece, with a combined X% share of total imports.

Among the main suppliers, Russia, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average concrete reinforcing wire rod import price stood at $X per ton in 2021, jumping by X% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Turkey ($X per ton) and Spain ($X per ton), while the price for Algeria ($X per ton) and Italy ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform