Greece - Iron and Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIron and Steel Price in Greece - 2023
Contents:
- Iron and Steel Price in Greece (CIF) - 2022
- Iron and Steel Price in Greece (FOB) - 2022
- Iron and Steel Imports in Greece
- Iron and Steel Exports in Greece
Iron and Steel Price in Greece (CIF) - 2022
In 2022, the average iron and steel import price amounted to $775 per ton, picking up by 11% against the previous year. Over the period under review, the import price, however, recorded a pronounced decrease. The growth pace was the most rapid in 2016 when the average import price increased by 169%. The import price peaked at $1,233 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($4,919 per ton), while the price for Italy ($712 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Iron and Steel Price in Greece (FOB) - 2022
In 2022, the average iron and steel export price amounted to $1,089 per ton, rising by 15% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 62%. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($1,479 per ton), while the average price for exports to Bulgaria totaled $1,181 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (-2.1%), while the prices for the other major destinations experienced a decline.
Iron and Steel Imports in Greece
In 2022, the amount of iron and steel imported into Greece declined to 13K tons, which is down by -12.8% compared with the previous year. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports attained the peak of 15K tons, and then shrank in the following year.
In value terms, iron and steel imports fell to $9.8M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 104%. As a result, imports attained the peak of $10M, and then dropped modestly in the following year.
| Import of Iron and Steel in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 3,800 | 3,003 | 4,754 | 1,362 | -29.0% |
| Romania | 145 | 444 | 275 | 792 | 76.1% |
| Italy | 297 | 461 | 608 | 414 | 11.7% |
| Germany | 289 | 304 | 217 | 310 | 2.4% |
| Spain | N/A | N/A | 5.0 | 140 | 2700.0% |
| France | N/A | 30.3 | 437 | 132 | 108.7% |
| South Africa | 88.1 | 14.8 | 17.5 | 50.5 | -16.9% |
| Russia | N/A | 37.9 | 2,146 | N/A | 5562.3% |
| Serbia | N/A | 536 | N/A | N/A | 0% |
| Ukraine | N/A | N/A | 1,646 | N/A | 0% |
| Others | 388 | 131 | 41.0 | 6,631 | 157.6% |
| Total | 5,006 | 4,962 | 10,146 | 9,832 | 25.2% |
Top Suppliers of Iron and Steel to Greece in 2022:
- Bulgaria (1.6K tons)
- Italy (0.6K tons)
- Romania (0.2K tons)
- Germany (0.2K tons)
- South Africa (0.1K tons)
- France (0.1K tons)
- Spain (0.1K tons)
Iron and Steel Exports in Greece
In 2022, after two years of decline, there was significant growth in shipments abroad of iron and steel, when their volume increased by 9.7% to 16 tons. Over the period under review, exports, however, recorded a dramatic slump.
In value terms, iron and steel exports skyrocketed to $17K in 2022. Overall, exports, however, showed a precipitous descent.
| Export of Iron and Steel in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 2.9 | N/A | N/A | 0.3 | -53.1% |
| Cyprus | N/A | N/A | N/A | 0.1 | 0% |
| North Macedonia | 12.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | -0.4 | 0% |
| Total | 15.3 | N/A | N/A | N/A | 0% |
Top Export Markets for Iron and Steel from Greece in 2022:
- Bulgaria (289.5 tons)
- Cyprus (52.1 tons)
This report provides an in-depth analysis of the iron and steel 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
438
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This report provides an in-depth analysis of the iron and steel market in Greece.
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This report provides an in-depth analysis of the global iron and steel market.
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