In an era where the global economy faces significant challenges, the Greek marble industry continues to thrive. As emphasized by George Lianos, president of the Association of Marble Enterprises of Macedonia and Thrace (SEMMTH), despite geopolitical disruptions and economic hardships, Greek marble still adorns some of the world’s most iconic buildings. The resilience and sustained growth of the sector set a bright example for the Greek economy.
The Importance of Exports and Greek Marble’s Global Presence
Greek marble has achieved a strong international reputation and demand. Marble exports from Greece are expected to reach 300 million euros in 2024, affirming the global market presence of Greek marble despite recent difficulties. From the sacred sites of Mecca and Medina to luxury hotels and presidential palaces, Greek marble continues to represent Greece on the world stage. China is the largest export market, absorbing 30% of Greek marble exports, with annual purchases reaching 100 million euros. Following China in export value are Saudi Arabia, the USA, the United Arab Emirates, and Turkey, while substantial exports also go to countries like Cyprus, India, Qatar, and Australia.
Pandemic Impact and Development Challenges
Although resilient, the Greek marble industry has not been untouched by the economic disruptions caused by the pandemic. Exports of raw marble decreased by about 150 million euros due to reduced demand from China, where factories were closed for extended periods, along with global supply chain issues. Today, Greek marble companies are focused on recovering lost exports, expanding their markets, and promoting processed marble, with export targets set at 30 million euros annually.
Challenges in Transportation and Rising Energy Costs
The high cost of energy and disruptions in shipping have added burdens to the industry. According to Mr. Lianos, delivery times increased from 30-40 days to 70 days due to bottlenecks in the Red Sea and supply chain disarray, significantly impacting cash flow and product availability. Most Greek marble products are shipped from Thessaloniki’s port to international markets, but high freight rates and limited container availability remain significant challenges.
Licensing Challenges and Growth Prospects
Starting a new marble quarrying operation in Greece is a slow process, often taking up to five years due to multiple required approvals. According to SEMMTH, this situation limits the sector’s flexibility and hampers faster growth. To address this issue, the Association recommends improvements to the regulatory framework and the exploration of new marble deposits, especially in Northern Greece, where substantial reserves are available, and lease applications are pending.
Environmental Commitment and Sustainable Practices
Despite these challenges, the Greek marble industry demonstrates strong environmental consciousness. Companies have adopted environmentally friendly quarry restoration practices, gradually restoring sites during operation and fully rehabilitating them after extraction activities end. Marble, as a building material, has a lower environmental footprint than alternatives like ceramic tiles, while companies ensure comprehensive quarry restoration through financial guarantees.
Vision and Prospects for the Future
The growth of Greek marble companies over the past 30 years is driven by the dedication and vision of Greek entrepreneurs in the industry, who continuously invest in innovation and extroversion, making Greece a global force in marble. With the support of the unified brand “Greek Marble | Then. Now. Forever,” Greek marble continues to evoke the reputation, history, and culture of the country, enhancing Greece’s image worldwide.
Source: www.amna.gr
