Price for Mineral Substances Not Elsewhere Specified or Included in Greece - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Greece (FOB) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Greece (CIF) - 2022
- Exports of Mineral Substances Not Elsewhere Specified or Included in Greece
- Imports of Mineral Substances Not Elsewhere Specified or Included in Greece
Price for Mineral Substances Not Elsewhere Specified or Included in Greece (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $69 per ton in 2022, approximately equating the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $70 per ton in 2021, and then dropped modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($183 per ton), while the average price for exports to Israel ($20 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 Lebanon (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Greece (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $137 per ton in 2022, increasing by 28% against the previous year. Over the period under review, the import price, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 72% against the previous year. The import price peaked at $434 per ton in 2016; however, from 2017 to 2022, 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 Belgium ($590 per ton), while the price for Bulgaria ($85 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mineral Substances Not Elsewhere Specified or Included in Greece
In 2022, the amount of mineral substances not elsewhere specified or includeds exported from Greece expanded modestly to 523K tons, growing by 4.6% compared with the previous year. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 6.1%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of mineral substances not elsewhere specified or includeds rose modestly to $36M in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Mineral Substances Not Elsewhere Specified or Included in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.1 | 12.7 | 12.7 | 14.1 | 5.2% |
| Canada | 4.2 | 5.1 | 4.8 | 4.4 | 1.6% |
| Netherlands | 2.7 | 2.3 | 3.5 | 3.5 | 9.0% |
| Spain | 1.1 | 0.8 | 1.1 | 2.2 | 26.0% |
| Israel | 1.8 | 2.0 | 2.0 | 1.7 | -1.9% |
| Germany | 4.1 | 1.2 | 1.7 | 1.5 | -28.5% |
| Italy | 0.6 | 0.6 | 0.6 | 1.2 | 26.0% |
| Saudi Arabia | 0.2 | 0.1 | 0.5 | 0.9 | 65.1% |
| Denmark | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
| Belgium | 1.2 | 0.5 | 1.2 | 0.3 | -37.0% |
| Lebanon | 0.2 | 0.3 | 0.1 | 0.2 | 0.0% |
| Others | 3.5 | 4.3 | 6.2 | 5.3 | 14.8% |
| Total | 32.2 | 30.4 | 34.8 | 36.0 | 3.8% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Greece in 2022:
- United States (206.8K tons)
- Israel (85.3K tons)
- Italy (50.8K tons)
- Canada (43.3K tons)
- Spain (25.1K tons)
- Netherlands (19.2K tons)
- Germany (18.6K tons)
- Denmark (10.3K tons)
- Saudi Arabia (8.3K tons)
- Lebanon (6.1K tons)
- Belgium (3.1K tons)
Imports of Mineral Substances Not Elsewhere Specified or Included in Greece
Imports of mineral substances not elsewhere specified or includeds into Greece declined to 26K tons in 2022, falling by -9.3% on the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of 29K tons, and then dropped in the following year.
In value terms, imports of mineral substances not elsewhere specified or includeds skyrocketed to $3.6M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +79.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,180 | 686 | 1,164 | 1,961 | 18.4% |
| Germany | 325 | 206 | 639 | 354 | 2.9% |
| Turkey | 193 | 173 | 173 | 317 | 18.0% |
| France | 33.9 | 37.6 | 102 | 118 | 51.6% |
| Bulgaria | 168 | 293 | 347 | 74.7 | -23.7% |
| China | 390 | 293 | 75.0 | 50.2 | -49.5% |
| Others | 363 | 325 | 604 | 727 | 26.0% |
| Total | 2,653 | 2,012 | 3,104 | 3,601 | 10.7% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Greece in 2022:
- Italy (22.2K tons)
- Bulgaria (0.9K tons)
- Turkey (0.7K tons)
- Germany (0.7K tons)
- France (0.6K tons)
- China (0.1K tons)
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