Greece: Market for Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals 2024

Market Size for Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals in Greece

In 2022, the Greek compounds of rare-earth metals market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a drastic downturn. Compounds of rare-earth metals consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Exports of Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals

Exports from Greece

In 2022, exports of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals from Greece stood at X kg, approximately mirroring the previous year. Overall, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, compounds of rare-earth metals exports surged to $X in 2022. In general, exports continue to indicate a dramatic descent. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Tunisia (X kg) was the main destination for compounds of rare-earth metals exports from Greece, accounting for a X% share of total exports. Moreover, compounds of rare-earth metals exports to Tunisia exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tunisia was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to Tunisia was relatively modest.

Export Prices by Country

The average compounds of rare-earth metals export price stood at $X per ton in 2022, remaining constant against the previous year. In general, the export price recorded a sharp contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Tunisia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%).

Imports of Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals

Imports into Greece

In 2022, purchases abroad of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals was finally on the rise to reach X tons after two years of decline. Overall, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, compounds of rare-earth metals imports reduced to $X in 2022. Over the period under review, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of compounds of rare-earth metals to Greece, accounting for a X% share of total imports. Moreover, compounds of rare-earth metals imports from China exceeded the figures recorded by the second-largest supplier, the UK (X kg), threefold. Spain (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Spain (X% per year).

In value terms, the UK ($X) constituted the largest supplier of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals to Greece, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

Import Prices by Country

The average compounds of rare-earth metals import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price, however, showed a moderate expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 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 the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :