Calcium carbonate market in Greece

Earlier Report Observations

The calcium carbonate market in Greece displayed considerable volatility in volume between 2018 and 2024. Starting at 204 thousand tons in 2018, the market contracted sharply the following year, falling by over 35% to 132 thousand tons. A sustained recovery then took hold, driving volume up to 220 thousand tons by 2021.

This growth was interrupted by a two-year decline, with the market shrinking to 186 thousand tons in 2023. The trend reversed decisively in 2024, as market volume jumped to 236 thousand tons, establishing a new peak for the period and surpassing the 2018 level by more than 15%.

Production calcium carbonate in Greece

In value, 2017-2020, K $ US

In 2020, Greece's calcium carbonate production was valued at 15 672 K $ US, marking a modest increase of 3.6% compared to the previous year. Over the period from 2017 to 2020, production declined by 11.5%, with an average annual growth rate of -4.0%. The lowest value was recorded in 2019 at 15 134 K $ US, while the highest was in 2018 at 19 174 K $ US. The most significant decrease occurred in 2019, dropping by 21.1%, whereas the largest increase was in 2018, rising by 8.3%.

Annual dynamics of production in Greece in value, 2017-2020, K $ US

In kind, 2017-2020, K t

In 2020, Greece produced 253.9 K t of calcium carbonate, representing a substantial increase of 22.3% from 2019. The lowest production volume was in 2019 at 207.6 K t, and the highest was in 2018 at 268.2 K t. The most notable decline was recorded in 2019, with a decrease of 22.6%.

Annual dynamics of production in Greece in kind, 2017-2020, K t

Exports calcium carbonate from Greece

Exports in kind, t

Following two consecutive years of growth, calcium carbonate exports from Greece experienced a decline. In 2020, exports totaled 71 236 t, reflecting a slight reduction of 6.7% year-over-year. From 2017 to 2020, exports overall increased by 16.4%, with an average annual growth rate of 5.2%. The peak export volume was in 2019 at 76 366 t, and the largest increase occurred that same year, rising by 16.1%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, t

Between 2017 and 2020, Greece's calcium carbonate exports in kind were distributed across a wide range of partners. Romania accounted for 17.0% of exports, Bulgaria for 16.7%, and Israel for 9.7%, with these three countries together representing only 43.5% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Greece in kind, 2017-2020

Exports in value, K $ US

After two years of growth, calcium carbonate exports from Greece saw a downturn. In 2020, exports amounted to 6 868 K $ US, down by 5.5% compared to the previous year. Over the 2017-2020 period, exports increased by 15.8%, with an average annual growth rate of 5.0%. The highest value was recorded in 2019 at 7 271 K $ US, and the most significant increase was in 2018, rising by 12.1%.

Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US

From 2017 to 2020, Greece's calcium carbonate exports in value terms were spread across numerous countries. Romania contributed 16.5% of exports, Bulgaria 14.9%, and the United Arab Emirates 9.7%, with these three nations jointly accounting for just 41.1% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Greece in value, 2017-2020

Imports calcium carbonate to Greece

Imports in kind, t

In 2020, Greece imported 992 t of calcium carbonate, which is 7.2% higher than in the previous year. Over the 2017-2020 period, imports decreased by 36.2%, with an average annual decline of 13.9%. The lowest import volume was in 2019 at 925 t, while the highest was in 2018 at 1 581 t. The most substantial drop occurred in 2019, falling by 41.5%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, t

Between 2017 and 2020, Austria, Germany, and Italy were the primary sources for Greece's calcium carbonate imports in kind. Austria accounted for 28.2% of imports, Germany for 21.7%, and Italy for 14.9%, with these three countries together making up 64.7% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Greece in kind, 2017-2020

Imports in value, K $ US

Following a two-year decline, calcium carbonate imports into Greece rebounded. In 2020, imports amounted to 696 K $ US, up by 20.1% compared to 2019. From 2017 to 2020, imports overall decreased by 31.3%, equating to an average annual decline of 11.8%. The lowest value was recorded in 2019 at 580 K $ US, and the largest decrease occurred that year, dropping by 38.1%.

Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US

From 2017 to 2020, Austria, Germany, and the United Kingdom remained the key suppliers of calcium carbonate to Greece in value terms. Austria accounted for 24.1% of imports, Germany for 15.3%, and the United Kingdom for 14.6%, with these three countries jointly representing 54.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Greece in value, 2017-2020