Greece - Ferro-Alloys - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 24, 2024

Greece - Ferro-Alloys - Market Analysis, Forecast, Size, Trends And Insights

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Ferro-Alloys Price in Greece - 2023

Contents:

  1. Ferro-Alloys Price in Greece (CIF) - 2022
  2. Ferro-Alloys Price in Greece (FOB) - 2022
  3. Ferro-Alloys Imports in Greece
  4. Ferro-Alloys Exports in Greece

Ferro-Alloys Price in Greece (CIF) - 2022

The average ferro-alloys import price stood at $2,019 per ton in 2022, with an increase of 30% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ferro-alloys import price increased by +76.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 45%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($3,330 per ton), while the price for China ($1,616 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Ferro-Alloys Price in Greece (FOB) - 2022

In 2022, the average ferro-alloys export price amounted to $2,124 per ton, growing by 18% against the previous year. Over the period under review, the export price, however, saw a noticeable slump. The growth pace was the most rapid in 2015 an increase of 34%. Over the period under review, the average export prices reached the maximum at $3,251 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($2,455 per ton), while the average price for exports to Italy ($1,952 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 Taiwan (Chinese) (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Alloys Imports in Greece

Ferro-alloys imports into Greece expanded sharply to 29K tons in 2022, picking up by 14% on the year before. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, ferro-alloys imports surged to $60M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 93%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Ferro-Alloys in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine15.013.226.514.7-0.7%
Gabon2.20.3N/A14.085.3%
Italy0.92.64.010.0123.1%
China0.30.62.83.1117.8%
PolandN/AN/AN/A2.90%
NorwayN/AN/AN/A2.60%
Bulgaria0.7N/A0.12.348.7%
Others5.34.06.89.923.2%
Total24.320.840.159.634.9%

Top Suppliers of Ferro-Alloys to Greece in 2022:

  1. Ukraine (7.5K tons)
  2. Gabon (7.5K tons)
  3. Italy (4.2K tons)
  4. China (1.9K tons)
  5. Poland (1.6K tons)
  6. Norway (1.5K tons)
  7. Bulgaria (1.2K tons)

Ferro-Alloys Exports in Greece

In 2022, approx. 646 tons of ferro-alloys were exported from Greece; with an increase of 5.3% compared with 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 26%.

In value terms, ferro-alloys exports skyrocketed to $1.4M in 2022. Overall, total exports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Ferro-Alloys in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,050588993707-12.4%
Bulgaria14.322272.2537234.9%
SpainN/A10.6N/A43.1101.6%
Oman112N/AN/AN/A0%
Others37.044.038.485.232.1%
Total1,2138641,1041,3724.2%

Top Export Markets for Ferro-Alloys from Greece in 2022:

  1. Italy (362.4 tons)
  2. Bulgaria (253.7 tons)
  3. Spain (17.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ferro-alloys market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Greece

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Greece
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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