Alumina Market Overview in Greece
In value terms, alumina production shrank dramatically to $ in 2019 estimated in export prices. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by % against the previous year. As a result, production attained the peak level of $, and then declined significantly in the following year.
The revenue of the alumina market in Greece shrank dramatically to $ in 2019, which is down by -% 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, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of % y-o-y. Over the period under review, the market hit record highs at $ in 2018, and then reduced rapidly in the following year.