Greece: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Greece

In 2022, the Greek market for cellular plates, sheets and films of polyymers of styrene decreased by -25.4% to $X, falling for the third year in a row after five years of growth. In general, consumption recorded a drastic downturn. The growth pace was the most rapid in 2016 with an increase of 8.5% against the previous year. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Greece

In value terms, production of cellular plates, sheets and films of polyymers of styrene soared to $X in 2022 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +75.3% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Production of peaked in 2022 and is expected to retain growth in years to come.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Greece

Exports of cellular plates, sheets and films of polyymers of styrene from Greece surged to X tons in 2022, increasing by 52% on 2021 figures. Over the period under review, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 52%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene soared to $X in 2022. Overall, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Cyprus (X tons) and Bulgaria (X tons) were the main destinations of exports of cellular plates, sheets and films of polyymers of styrene from Greece, together comprising 70% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +16.7%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Cyprus ($X) and Bulgaria ($X) were the largest markets for polystyrene cellular plates, sheets and films exported from Greece worldwide, together comprising 71% of total exports.

Among the main countries of destination, Italy, with a CAGR of +16.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2018 an increase of 14%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cyprus ($X per ton) and Italy ($X per ton), while the average price for exports to North Macedonia ($X per ton) and Serbia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Greece

For the sixth year in a row, Greece recorded growth in supplies from abroad of cellular plates, sheets and films of polyymers of styrene, which increased by 72% to X tons in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene skyrocketed to $X in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), North Macedonia (X tons) and Bulgaria (X tons) were the main suppliers of imports of cellular plates, sheets and films of polyymers of styrene to Greece, together accounting for 84% of total imports. Italy, Albania and Turkey lagged somewhat behind, together comprising a further 9.6%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Albania (with a CAGR of +71.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polystyrene cellular plates, sheets and films suppliers to Greece were Germany ($X), North Macedonia ($X) and Bulgaria ($X), together accounting for 80% of total imports. Italy, Albania and Turkey lagged somewhat behind, together comprising a further 13%.

Albania, with a CAGR of +71.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, surging by 3.2% against the previous year. In general, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 76%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :