Greece’s marble exports in the first ten months of 2020

What was the course of Greece’s marble exports in the first ten months of 2020?

Greece’s marble exports are on the rise in the first ten months of 2020, however they remain lower than in 2019. Specifically, between the first ten months of 2019 – 2020, a decrease of -30.77% was recorded in the total value of marble exports and in the total quantity -26.06% . In the Table below we see the changes (%) in the marble exports of Greece between the first ten months of 2019 – 2020.

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In the volume of exports in October 2020 we observe the reduction of the difference compared to 2019 for the first time after eight months. The improvement is due to the increase in exports of marble blocks and slabs between September – October by 10.53% in value and by 20.05% in quantity. On the contrary, exports of finished marble products decreased by -9.83% in value and -11.93% in quantity.

The main reason for the rise in exports of  marble blocks and slabs is the increase in exports to China, where October was the highest of the year. The continued increase in exports to China since April, with the exception of August, shows that the Chinese market is recovering. However, they are still quite far from the levels of 2019.

In the process of marble, the decline is mainly due to the decrease in exports to the main destinations of the USA, the United Arab Emirates and Qatar.

 

* The statistics are derived from the analysis of the Tariff Class Codes – Harmonized System (HS) Codes:

25151100: Marble and travertine, crude or roughly trimmed.

25151200: Marble and travertine, merely cut, by sawing or otherwise, into blocks or slabs of a square or rectangular shape.

68022100: Marble, travertine and alabaster articles thereof, simply cut or sawn, with a flat or even surface (excl. With a completely or partly planed, sand-dressed, coarsely or finely ground or polished surface, tiles, cubes and similar articles of subheading 6802.10, setts, curbstones and flagstones)

68029100: Marble, travertine and alabaster, in any form (excl. Tiles, cubes and similar articles of subheading 6802.10, imitation jewelery, clocks, lamps and lighting fittings and parts thereof, buttons, original sculptures and statuary, setts, curbstones and flagstones)

*Due to consistent data flow, statistics may alter during the year

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