Greece: Alumina Market 2024

Alumina Market Size in Greece

The Greek alumina market reduced to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, recorded a mild descent. Alumina consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Alumina Production in Greece

In value terms, alumina production dropped to $X in 2022 estimated in export price. Overall, production saw a mild downturn. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Alumina Exports

Exports from Greece

Alumina exports from Greece declined to X tons in 2022, which is down by X% on the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, alumina exports expanded significantly to $X in 2022. Overall, total exports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), the Netherlands (X tons) and Slovenia (X tons) were the main destinations of alumina exports from Greece, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for alumina exported from Greece were France ($X), the Netherlands ($X) and Slovenia ($X), together accounting for X% of total exports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average alumina export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alumina export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Azerbaijan ($X per ton) and Slovenia ($X per ton), while the average price for exports to France ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

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

Alumina Imports

Imports into Greece

In 2022, the amount of alumina imported into Greece expanded to X tons, picking up by X% compared with 2021. Over the period under review, imports, however, continue to indicate a noticeable reduction. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, alumina imports fell to $X in 2022. In general, imports continue to indicate moderate growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Slovenia (X tons), China (X tons) and Germany (X tons) were the main suppliers of alumina imports to Greece, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest alumina suppliers to Greece were France ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total imports. Slovenia, China, Turkey, South Korea, Italy and Austria lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average alumina import price amounted to $X per ton, reducing by X% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alumina import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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 Austria ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :