Greece: Extruded Rod Market 2022

Extruded Rod Market Size in Greece

In 2021, the Greek extruded rod market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption saw a perceptible reduction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Extruded Rod Production in Greece

In value terms, extruded rod production surged to $X in 2021 estimated in export price. Overall, production saw a slight decline. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Extruded Rod Exports

Exports from Greece

In 2021, the amount of extruded rods and profile shapes of cellular vulcanised rubber exported from Greece fell to X tons, which is down by -X% against 2020 figures. In general, exports, however, showed buoyant growth. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, extruded rod exports expanded to $X in 2021. Over the period under review, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

North Macedonia (X tons), Albania (X tons) and India (X tons) were the main destinations of extruded rod exports from Greece, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), North Macedonia ($X) and Albania ($X) constituted the largest markets for extruded rod exported from Greece worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, India, with a CAGR of +X%, 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

The average extruded rod export price stood at $X per ton in 2021, increasing by X% against the previous year. Over the period under review, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-X%), while the prices for the other major destinations experienced a decline.

Extruded Rod Imports

Imports into Greece

After two years of decline, overseas purchases of extruded rods and profile shapes of cellular vulcanised rubber increased by X% to X tons in 2021. Overall, imports, however, continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, extruded rod imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main suppliers of extruded rod imports to Greece, with a combined X% share of total imports. These countries were followed by Belgium, Austria, Poland and the Netherlands, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest extruded rod suppliers to Greece were Germany ($X), Italy ($X) and China ($X), together comprising X% of total imports. These countries were followed by the Netherlands, Belgium, Austria and Poland, which together accounted for a further X the main suppliers, Belgium, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average extruded rod import price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the import price showed resilient growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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