
Greece - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Greece: Market for Precious Metal Ores And Concentrates 2023
Market Size for Precious Metal Ores And Concentrates in Greece
The Greek market for precious metal ores and concentrates plummeted to $X in 2021, reducing by -27.2% against the previous year. Over the period under review, consumption, however, showed prominent growth. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.
Production of Precious Metal Ores And Concentrates in Greece
In value terms, precious metal ore and concentrate production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, posted a significant expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 96% against the previous year. Precious metal ore and concentrate production peaked at $X in 2020, and then shrank in the following year.
Exports of Precious Metal Ores And Concentrates
Exports from Greece
After four years of growth, overseas shipments of precious metal ores and concentrates decreased by -8.5% to X tons in 2021. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 132% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020, and then shrank in the following year.
In value terms, precious metal ore and concentrate exports contracted to $X in 2021. Overall, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 115%. The exports peaked at $X in 2020, and then contracted in the following year.
Exports by Country
China (X tons) was the main destination for precious metal ore and concentrate exports from Greece, with a 72% share of total exports. Moreover, precious metal ore and concentrate exports to China exceeded the volume sent to the second major destination, Russia (X tons), threefold.
From 2012 to 2021, the average annual growth rate of volume to China stood at +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (0.0% per year) and Malaysia (+10.2% per year).
In value terms, China ($X) remains the key foreign market for precious metal ore and concentrate exports from Greece, comprising 71% of total exports. The second position in the ranking was held by Russia ($X), with a 25% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +17.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (0.0% per year) and Malaysia (-6.7% per year).
Export Prices by Country
In 2021, the average export price for precious metal ores and concentrates amounted to $X per ton, falling by -3.6% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 37% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to China ($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 (-4.5%), while the prices for the other major destinations experienced a decline.
Imports of Precious Metal Ores And Concentrates
Imports into Greece
In 2021, supplies from abroad of precious metal ores and concentrates decreased by -99.7% to X kg, falling for the third year in a row after five years of growth. Over the period under review, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2016 with an increase of 2,018% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.
In value terms, precious metal ore and concentrate imports declined sharply to $X in 2021. In general, imports showed a precipitous descent. The growth pace was the most rapid in 2016 with an increase of 4,738% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, China (X kg) constituted the largest precious metal ore and concentrate supplier to Greece, with a 68% share of total imports. Moreover, precious metal ore and concentrate imports from China exceeded the figures recorded by the second-largest supplier, the UK (X kg), twofold.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +64.0%.
In value terms, China ($X) constituted the largest supplier of precious metal ore and concentrate to Greece, comprising 73% of total imports. The second position in the ranking was held by the UK ($X), with a 27% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China stood at +81.7%.
Import Prices by Country
In 2021, the average import price for precious metal ores and concentrates amounted to $X per ton, growing by 560% against the previous year. Over the period under review, the import price saw a remarkable increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 954% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for the UK totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.7%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for precious metal ore and concentrate 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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