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Greece - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
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Greece: Magnesite Market Overview 2021

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Magnesite Market Size in Greece

In 2020, the Greek magnesite market increased by X% to $X, rising for the fourth consecutive year after three years of decline. Overall, consumption showed a prominent expansion. The pace of growth appeared the most rapid in 2019 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs in 2020 and is likely to see steady growth in the near future.

Magnesite Production in Greece

In value terms, magnesite production skyrocketed to $X in 2020 estimated in export prices. Overall, production continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Magnesite production peaked in 2020 and is likely to see steady growth in the immediate term.

Magnesite Exports

Exports from Greece

In 2020, overseas shipments of magnesite increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. From 2012 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, magnesite exports expanded sharply to $X in 2020. Overall, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2012 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Italy (X tonnes) was the main destination for magnesite exports from Greece, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Italy stood at +X%.

In value terms, Italy ($X) also remains the key foreign market for magnesite exports from Greece.

From 2007 to 2020, the average annual growth rate of value to Italy totaled +X%.

Export Prices by Country

The average magnesite export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the export price recorded a noticeable descent. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2007 to 2020, the rate of growth in terms of prices for Italy amounted to +X% per year.

Magnesite Imports

Imports into Greece

In 2020, imports of magnesite into Greece soared to X tonnes, surging by X% on 2019. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, magnesite imports rose to $X in 2020. Over the period under review, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are likely to continue growth in years to come.

Imports by Country

In 2020, Turkey (X tonnes) was the main supplier of magnesite to Greece, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Turkey totaled +X%.

In value terms, Turkey ($X) constituted the largest supplier of magnesite to Greece.

From 2007 to 2020, the average annual growth rate of value from Turkey amounted to +X%.

Import Prices by Country

The average magnesite import price stood at $X per tonne in 2020, reducing by -X% against the previous year. Over the period under review, import price indicated mild growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, magnesite import price decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2019 to 2020, the growth in terms of the average import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2007 to 2020, the rate of growth in terms of prices for Turkey amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for magnesite in the world?
+
China (216K tonnes) constituted the country with the largest volume of magnesite consumption, accounting for 35% of total volume. Moreover, magnesite consumption in China exceeded the figures recorded by the second-largest consumer, India (55K tonnes), fourfold. The United Arab Emirates (37K tonnes) ranked third in terms of total consumption with a 6.1% share.
What are the largest producers of magnesite in the world?
+
China (277K tonnes) constituted the country with the largest volume of magnesite production, comprising approx. 53% of total volume. Moreover, magnesite production in China exceeded the figures recorded by the second-largest producer, Turkey (62K tonnes), fourfold. The third position in this ranking was occupied by the United Arab Emirates (39K tonnes), with a 7.5% share.
What are the leading suppliers of magnesite to Greece?
+
In value terms, Turkey ($2.2M) constituted the largest supplier of magnesite to Greece.
What are the leading importers of magnesite from Greece?
+
In value terms, Italy ($276K) remains the key foreign market for magnesite exports from Greece.
What is the average export price for magnesite in Greece?
+
The average magnesite export price stood at $109 per tonne in 2020, which is down by -37.9% against the previous year.
What is the average import price for magnesite in Greece?
+
The average magnesite import price stood at $104 per tonne in 2020, with a decrease of -26.5% against the previous year.

Product coverage:
• UNCode 16390-1 - Magnesite

This report provides an in-depth analysis of the magnesite 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
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
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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