Greece: Market for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap 2024

Market Size for Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Greece

In 2021, the Greek market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap increased by 22% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a pronounced downturn. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Production of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap in Greece

In value terms, production of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Exports from Greece

In 2021, shipments abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by -27% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2019 when exports increased by 229%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap fell slightly to $X in 2021. In general, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2019 when exports increased by 191% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap from Greece, with a 43% share of total exports. Moreover, exports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Italy exceeded the volume sent to the second major destination, Spain (X tons), twofold. Hungary (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at +82.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+77.8% per year) and Hungary (+130.1% per year).

In value terms, Italy ($X) remains the key foreign market for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap exports from Greece, comprising 36% of total exports. The second position in the ranking was taken by Spain ($X), with a 15% share of total exports. It was followed by Hungary, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy totaled +62.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+44.7% per year) and Hungary (+114.1% per year).

Export Prices by Country

In 2021, the average export price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per ton, jumping by 33% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of 67%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Portugal ($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 (+10.9%), while the prices for the other major destinations experienced a decline.

Imports of Footwear of Rubber or Plastics, not Waterproof, not Sports, without a Metal Toe-Cap

Imports into Greece

In 2021, supplies from abroad of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap decreased by -19.6% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2018 when imports increased by 70%. Over the period under review, imports of reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap expanded to $X in 2021. In general, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -21.3% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 52% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Greece, with a 86% share of total imports. It was followed by Italy (X tons), with a 2.4% share of total imports. Spain (X tons) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.3% per year) and Spain (+10.2% per year).

In value terms, China ($X) constituted the largest supplier of footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap to Greece, comprising 55% of total imports. The second position in the ranking was held by Italy ($X), with a 7.7% share of total imports. It was followed by Spain, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.9% per year) and Spain (+3.8% per year).

Import Prices by Country

In 2021, the average import price for footwear of rubber or plastics, not waterproof, not sports, without a metal toe-cap amounted to $X per ton, picking up by 26% against the previous year. Over the period under review, the import price, however, saw a perceptible shrinkage. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+6.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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