Concrete tiles and flagstones market in Greece

Earlier Report Observations

From 2018 to 2024, the Greek market for concrete tiles and flagstones showed significant fluctuations in physical volume but a strong upward trend in value. Market size in tons fell from 56 591 t in 2018 to 50 028 t in 2019, then rose to 60 675 t in 2020 before dropping again to 52 263 t in 2021. From 2021 onward, the market entered a phase of sustained expansion, reaching 69 807 t by 2024.

In monetary terms, the market's growth was more pronounced and consistent, nearly doubling from $5.9 million in 2018 to $11.1 million in 2024. This sharp value increase occurred despite a temporary decline to $4.6 million in 2019, highlighting a significant rise in the market's overall revenue over the period.

Domestic production followed a similar volatile pattern, starting at 54 033 t in 2018, dipping to 48 483 t in 2019, and then recovering strongly to peak at 70 092 t in 2024. Imports remained relatively stable, ranging from 4 846 t to 6 829 t, while exports grew from 3 080 t to 7 114 t, reflecting increased international trade activity in the sector.

Production concrete tiles and flagstones in Greece

In value, 2017-2020, K $ US

After two consecutive years of decline, Greece's production of concrete tiles and flagstones rebounded in 2020. The output value reached 3 835 thousand US dollars, marking a significant year-over-year increase of 19.4%. Looking at the broader period from 2017 to 2020, production overall decreased by 9.9%, which translates to an average annual decline of 3.4%. The lowest point was in 2019, with a value of 3 212 thousand US dollars, when the largest decline of 14.0% was recorded.

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

In kind, 2017-2020, t

Following two years of contraction, concrete tiles and flagstones production in Greece saw a recovery in 2020. The country produced 58 922 tonnes, representing a robust 21.5% increase compared to the previous year. The lowest production volume was in 2019, at 48 483 tonnes, which also saw the largest decline of 10.3%.

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

Exports concrete tiles and flagstones from Greece

Exports in kind, t

In 2020, Greece's exports of concrete tiles and flagstones amounted to 3 147 tonnes, showing a moderate decrease of 4.6% from 2019. Over the period from 2017 to 2020, exports fell by 20.6%, averaging an annual decline of 7.4%. The lowest export volume was in 2018, at 3 080 tonnes, when the largest decline of 22.3% occurred. In contrast, 2019 saw the largest increase, with exports rising by 7.1%.

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

From 2017 to 2020, Albania dominated Greece's export structure in kind, accounting for 85.5% of total flows. Other destinations contributed relatively minor shares during this period.

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

In 2020, the value of Greece's concrete tiles and flagstones exports was 735 thousand US dollars, remaining broadly stable compared to 2019. Between 2017 and 2020, export value increased by 10.9%, with an average annual growth rate of 3.5%. The lowest value was recorded in 2018 at 516 thousand US dollars, which also experienced the largest decline of 22.1%. The highest value was in 2019 at 737 thousand US dollars, when the largest increase of 42.7% was observed.

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

During 2017–2020, Albania, Israel, and Cyprus were the leading destinations for Greece's exports in value terms. Albania accounted for 58.1% of exports, Israel for 9.4%, and Cyprus for 7.4%, together making up 74.9% 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 concrete tiles and flagstones to Greece

Imports in kind, t

The data shows irregular fluctuations, indicating a volatile market environment. Imports varied significantly, with a low in 2017 and a high in 2018, differing by a factor of 1.9. In 2020, imports of concrete tiles and flagstones into Greece stood at 4 900 tonnes, up by 1.1% from 2019. The peak was in 2018 at 5 639 tonnes, which also saw the largest increase of 87.6%. The largest decline occurred in 2019, with a drop of 14.1%.

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

From 2017 to 2020, Italy, China, and Spain were the primary sources for Greece's imports in kind. Italy contributed 57.1%, China 19.5%, and Spain 7.2%, collectively accounting for 83.7% 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

In 2020, Greece's imports of concrete tiles and flagstones were valued at 2 433 thousand US dollars, reflecting a 14.5% increase year-over-year. Over the 2017–2020 period, imports grew by 18.3%, with a compound annual growth rate of 5.8%. The highest value was in 2018 at 2 664 thousand US dollars, when the largest increase of 29.5% was recorded. The largest decline occurred in 2019, with a decrease of 20.3%.

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

Between 2017 and 2020, Italy, China, and Spain were the main sources for Greece's imports in value terms. Italy accounted for 47.8%, China for 22.7%, and Spain for 10.7%, together representing 81.3% 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