Greece: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Greece

In 2023, the Greek market for aluminium alloy plates, sheets and strip of thickness over X mm decreased by X% to $X, falling for the fifth consecutive year after three years of growth. Overall, consumption showed a abrupt curtailment. Consumption of peaked at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Production of Aluminium Alloy Plates, Sheets and Strip of Thickness over X mm in Greece

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm totaled $X in 2023 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

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Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Greece

In 2023, overseas shipments of aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to X tons, rising for the third year in a row after two years of decline. In general, total exports indicated a tangible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm rose markedly to $X in 2023. Over the period under review, exports showed strong growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports of reached the peak figure in 2023 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Poland (X tons) and Spain (X tons) were the main destinations of exports of aluminium alloy plates, sheets and strip of thickness over X mm from Greece, together comprising X% of total exports. Turkey, the United States, France, Italy, Serbia, Romania, the UK, the Netherlands, Denmark and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium alloy plate, sheet and strip of thickness over X mm exported from Greece were Germany ($X), Poland ($X) and Spain ($X), together accounting for X% of total exports. The United States, France, Turkey, Italy, Romania, the UK, the Netherlands, Serbia, Denmark and the Czech Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Serbia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, declining by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Greece

In 2023, imports of aluminium alloy plates, sheets and strip of thickness over X mm into Greece declined sharply to X tons, which is down by X% against the year before. In general, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm shrank markedly to $X in 2023. Overall, imports continue to indicate a mild slump. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2023, the UK (X tons) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to Greece, accounting for a X% share of total imports. Moreover, imports of aluminium alloy plates, sheets and strip of thickness over X mm from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

In value terms, the UK ($X) constituted the largest supplier of aluminium alloy plates, sheets and strip of thickness over X mm to Greece, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2023, the average annual growth rate of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

In 2023, the average import price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, declining by X% against the previous year. Overall, import price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform