Greece: Market for Zirconium Ores and Concentrates 2023

Market Size for Zirconium Ores and Concentrates in Greece

The Greek zirconium ore and concentrate market surged to $X in 2021, rising by 581% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Zirconium Ores and Concentrates

Exports from Greece

In 2019, overseas shipments of zirconium ores and concentrates decreased by -43.8% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when exports increased by 168%. The exports peaked at X tons in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

In value terms, zirconium ore and concentrate exports fell sharply to $X in 2019. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2015 with an increase of 90% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for zirconium ore and concentrate exports from Greece, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to France totaled -4.3%.

In value terms, France ($X) also remains the key foreign market for zirconium ores and concentrates exports from Greece.

From 2012 to 2019, the average annual rate of growth in terms of value to France stood at -8.0%.

Export Prices by Country

In 2019, the average zirconium ore and concentrate export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 43% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices stood at a somewhat lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for France amounted to -3.8% per year.

Imports of Zirconium Ores and Concentrates

Imports into Greece

In 2021, approx. X tons of zirconium ores and concentrates were imported into Greece; increasing by 359% on 2020 figures. Overall, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, zirconium ore and concentrate imports surged to $X in 2021. Over the period under review, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest zirconium ore and concentrate supplier to Greece, with a 86% share of total imports. Moreover, zirconium ore and concentrate imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium was relatively modest.

In value terms, Belgium ($X) constituted the largest supplier of zirconium ores and concentrates to Greece, comprising 93% of total imports. The second position in the ranking was held by Germany ($X), with a 6.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Belgium was relatively modest.

Import Prices by Country

The average zirconium ore and concentrate import price stood at $X per ton in 2021, jumping by 70% against the previous year. Over the period under review, the import price recorded resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+41.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :