**Greek Imports of Iron Ores Rise Amid Global Demand Boost**
**Boosted by Asian Refinery Expansion, Greek Ore Demand Increases**
• Iron ore imports to Greece surged 12% in June from the same period last year, driven by strong demand from local steel producers.
• The increase was largely due to a rise in imports from major suppliers Australia and Brazil, with volumes up 15% and 10%, respectively.
• Global iron ore prices have stabilized at around $120 per ton after a recent decline, supported by expansion plans of Asian refineries.
Greece’s iron ore imports continued to grow in June as the country’s steel producers took advantage of low global prices. The expansion of Asian refineries has boosted demand for high-quality iron ores, with Greek steelmakers seeking to capitalize on the trend. However, Greek importers are cautious about future price volatility due to ongoing supply chain disruptions and concerns over Chinese domestic production levels.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 155,700 | 50,040 |
| 2021 | 84,537 | 42,802 |
| 2022 | 163,357 | 82,943 |
| 2023 | 235,706 | 123,530 |
| 2024 | 13,025,542 | 2,316,567 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Sweden | 12,614,000 | 2,155,463 |
| Germany | 390,291 | 152,442 |
| France | 21,250 | 8,523 |
| Netherlands | 1 | 139 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Germany | 163,921 | 85,367 |
| Macedonia | 24,533 | 6,133 |
| France | 21,250 | 6,659 |
| Sweden | 14,000 | 14,875 |
| Netherlands | 12,000 | 10,436 |
| China | 2 | 60 |
