Greece: Plastic Extruder Market 2024

Plastic Extruder Market Size in Greece

In 2021, the Greek plastic extruder market was finally on the rise to reach $X after two years of decline. In general, consumption, however, saw a mild reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Plastic Extruder Production in Greece

In value terms, plastic extruder production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a deep reduction. The growth pace was the most rapid in 2018 when the production volume increased by 301%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Plastic Extruder Exports

Exports from Greece

In 2021, the amount of extruders for working rubber or plastics exported from Greece reduced to X units, which is down by -10.6% compared with 2020 figures. Over the period under review, exports, however, recorded a tangible expansion. The pace of growth was the most pronounced in 2017 with an increase of 523%. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, plastic extruder exports fell remarkably to $X in 2021. In general, exports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by 233% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for plastic extruder exports from Greece, with a 60% share of total exports. Moreover, plastic extruder exports to Germany exceeded the volume sent to the second major destination, the UK (X units), twofold. Turkey (X units) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +231.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+65.1% per year) and Turkey (-21.1% per year).

In value terms, the largest markets for plastic extruder exported from Greece were Germany ($X), Turkey ($X) and Hungary ($X), with a combined 86% share of total exports.

Germany, with a CAGR of +121.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average plastic extruder export price amounted to $X per unit, waning by -13.4% against the previous year. Overall, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when the average export price increased by 123% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Cyprus ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+50.6%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Extruder Imports

Imports into Greece

In 2021, approx. X units of extruders for working rubber or plastics were imported into Greece; surging by 39% compared with 2020. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 579% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, plastic extruder imports skyrocketed to $X in 2021. Overall, imports showed a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of 276%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of plastic extruder to Greece, with a 60% share of total imports. Moreover, plastic extruder imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by Turkey (X units), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +60.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+29.3% per year) and Turkey (+71.6% per year).

In value terms, Italy ($X) constituted the largest supplier of extruders for working rubber or plastics to Greece, comprising 58% of total imports. The second position in the ranking was held by Germany ($X), with a 19% share of total imports. It was followed by Austria, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +40.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+24.7% per year) and Austria (+4.7% per year).

Import Prices by Country

In 2021, the average plastic extruder import price amounted to $X per unit, jumping by 37% against the previous year. In general, the import price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 277% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per unit), while the price for North Macedonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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