Greece: Worked Slate Market 2024

Worked Slate Market Size in Greece

The Greek worked slate market surged to $X in 2022, increasing by 26% against the previous year. Over the period under review, consumption, however, showed a pronounced descent. Worked slate consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Worked Slate Production in Greece

In value terms, worked slate production rose remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 31%. Worked slate production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Worked Slate Exports

Exports from Greece

After three years of growth, shipments abroad of worked slate decreased by -19.1% to X tons in 2022. Overall, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by 55% against the previous year. The exports peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, worked slate exports dropped sharply to $X in 2022. Over the period under review, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 69% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Australia (X tons) was the main destination for worked slate exports from Greece, with a 20% share of total exports. Moreover, worked slate exports to Australia exceeded the volume sent to the second major destination, North Macedonia (X tons), threefold. The third position in this ranking was held by Romania (X tons), with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to +101.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+34.4% per year) and Romania (+32.3% per year).

In value terms, Australia ($X) remains the key foreign market for worked slate exports from Greece, comprising 18% of total exports. The second position in the ranking was taken by Austria ($X), with a 6.7% share of total exports. It was followed by France, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at +143.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+55.1% per year) and France (+27.8% per year).

Export Prices by Country

In 2022, the average worked slate export price amounted to $X per ton, growing by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2017 when the average export price increased by 21%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Worked Slate Imports

Imports into Greece

Worked slate imports into Greece surged to X tons in 2022, growing by 22% on the previous year's figure. Over the period under review, imports showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 168%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, worked slate imports contracted sharply to $X in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 323% against the previous year. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest worked slate supplier to Greece, accounting for a 79% share of total imports. Moreover, worked slate imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Bulgaria (X tons) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+74.6% per year) and Bulgaria (-8.2% per year).

In value terms, China ($X) constituted the largest supplier of worked slate to Greece, comprising 54% of total imports. The second position in the ranking was held by Italy ($X), with a 21% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +24.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+90.1% per year) and Germany (+20.4% per year).

Import Prices by Country

In 2022, the average worked slate import price amounted to $X per ton, which is down by -31.6% against the previous year. In general, the import price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 67%. The import price peaked at $X per ton in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of origin: 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 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+138.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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