Greece's Bentonite Industry Booms in 2024 Despite Export Dip
Greece's bentonite exports and production have shown robust growth in 2024, despite a dip in export volumes. The market size has expanded significantly, with Malaysia being the primary destination.
Bentonite exports from Greece reached $X in 2024, marking a buoyant increase over the period. However, export volumes dropped to X tons, following a decline in 2023. This decrease did not dampen the overall expansion trend.
Production in Greece surged to $X in 2024, with a prominent growth rate. Meanwhile, imports contracted modestly to $X, falling for the second consecutive year. Despite this, the market size grew notably to $X, up X% from the previous year.
Malaysia remained the top destination for Greek bentonite exports, accounting for X% of total exports. Bentonite exports to Malaysia grew at an average annual rate of X% from 2012 to 2024. The average export price per ton in 2024 was $X, shrinking by X% against the previous year.
Key exporters include IMERYS Bentonite Greece and other regional producers. Their export volumes have generally followed global demand trends for bentonite used in industries like drilling, construction, and environmental protection. Improved infrastructure, such as the port of Piraeus, has facilitated increased shipping capacity, supporting gradual growth.
In 2024, Greece's bentonite industry demonstrated resilience despite a dip in export volumes. With a notable increase in market size and production, along with steady demand from Malaysia, the industry is poised for continued growth in the coming years.
Read also:
- Tony Hawk's Memorabilia Auction Raises Record $1.2M for Skatepark Project
- Gehring Unveils GIS: A Game-Changer for Electric Motor Stator Precision
- Li Auto faces scrutiny after crash test involving i8 model and a truck manufacturer sparks controversy
- Affordable New Arrival: Chery Tiggo 4 Sets to Be Among the Most Economical New Vehicles Available on the Market in NZ
