Greece: Marble And Travertine Market 2024

Marble And Travertine Market Size in Greece

The Greek marble and travertine market rose markedly to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, showed a deep reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Marble And Travertine Production in Greece

In value terms, marble and travertine production shrank notably to $X in 2022 estimated in export price. In general, production, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Marble And Travertine Exports

Exports from Greece

In 2022, the amount of marble and travertine exported from Greece declined dramatically to X tons, waning by X% against the year before. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 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 failed to regain momentum.

In value terms, marble and travertine exports shrank notably to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for marble and travertine exports from Greece, with a X% share of total exports. Moreover, marble and travertine exports to China exceeded the volume sent to the second major destination, Algeria (X tons), ninefold. The third position in this ranking was taken by Egypt (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and Egypt (X% per year).

In value terms, China ($X) remains the key foreign market for marble and travertine exports from Greece, comprising X% of total exports. The second position in the ranking was taken by Algeria ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and India (X% per year).

Export Prices by Country

In 2021, the average marble and travertine export price amounted to $X per ton, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Marble And Travertine Imports

Imports into Greece

In 2022, the amount of marble and travertine imported into Greece reduced to X tons, declining by X% against 2021. In general, total imports indicated a notable increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, marble and travertine imports dropped slightly to $X in 2022. Over the period under review, total imports indicated a perceptible increase 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

North Macedonia (X tons), Turkey (X tons) and Albania (X tons) were the main suppliers of marble and travertine imports to Greece, with a combined X% share of total imports. Bulgaria, Portugal, Egypt and Morocco lagged somewhat behind, together accounting for a further X%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, North Macedonia ($X), Turkey ($X) and Albania ($X) constituted the largest marble and travertine suppliers to Greece, together accounting for X% of total imports. Bulgaria, Portugal, Egypt and Morocco lagged somewhat behind, together accounting for a further X%.

Portugal, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average marble and travertine import price stood at $X per ton in 2021, rising by X% against the previous year. In general, the import price, however, saw a mild decrease. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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