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Industry revenue of »aluminium production« in Greece 2011-2023

The Greek economy could never really recover after the Eurozone crisis in 2008. The country has been plagued with problems such as a high unemployment rate, a prolonged period of recession, rising national debt levels and falling international investments. As a result, the manufacturing industry as a whole has been impacted, with revenues projected to drop from 68.5 billion U.S. dollars in 2011 to 43 billion U.S. dollars in 2023. One industry in particular which has been severely impacted is the aluminium production industry, which is expected to be defunct in the short to medium term, owing to the high manufacturing costs and falling investments. As a result, majority of the domestic demand is being fulfilled by imports. In fact, bauxite imports have grown in the country from 5,36,951 tonnes in 2017 to 8,24,295 tonnes in 2019, as per data from The estimated import volume for 2020 is expected to be 9,83,325 tonnes.

Industry revenue of »aluminium production« in Greece from 2011 to 2023

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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Greece. The industry “aluminium production“ has the code “C2442“.

Details on the methodology can be found here.

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