Greece: Gummed Paper Market 2024

Gummed Paper Market Size in Greece

The Greek gummed paper market amounted to $X in 2021, growing by 15% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Gummed Paper Production in Greece

In value terms, gummed paper production amounted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -7.8% against 2018 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 55%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Gummed Paper Exports

Exports from Greece

After two years of growth, overseas shipments of gummed paper and paperboard (excluding self-adhesives) decreased by -31.8% to X tons in 2021. Overall, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 170% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, gummed paper exports declined modestly to $X in 2021. Over the period under review, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2019 with an increase of 152%. Over the period under review, the exports attained the peak figure at $X in 2020, and then fell in the following year.

Exports by Country

Australia (X tons) was the main destination for gummed paper exports from Greece, with a 36% share of total exports. Moreover, gummed paper exports to Australia exceeded the volume sent to the second major destination, Cyprus (X tons), twofold. Lithuania (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Australia amounted to +65.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+0.9% per year) and Lithuania (0.0% per year).

In value terms, Germany ($X), Israel ($X) and Australia ($X) constituted the largest markets for gummed paper exported from Greece worldwide, with a combined 46% share of total exports. Belgium, Lithuania, the United Arab Emirates and Cyprus lagged somewhat behind, together comprising a further 28%.

Belgium, with a CAGR of +23,719.7%, saw the highest growth rate of 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

The average gummed paper export price stood at $X per ton in 2021, jumping by 46% against the previous year. In general, the export price enjoyed a significant expansion. The growth pace was the most rapid in 2018 an increase of 314% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Cyprus ($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 Israel (+50.4%), while the prices for the other major destinations experienced more modest paces of growth.

Gummed Paper Imports

Imports into Greece

In 2021, imports of gummed paper and paperboard (excluding self-adhesives) into Greece surged to X tons, growing by 50% on 2020. Overall, imports, however, showed a abrupt contraction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, gummed paper imports soared to $X in 2021. In general, imports, however, recorded a deep slump. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), China (X tons) and North Macedonia (X tons) were the main suppliers of gummed paper imports to Greece, with a combined 58% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +86.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), China ($X) and Italy ($X) appeared to be the largest gummed paper suppliers to Greece, with a combined 55% share of total imports.

China, with a CAGR of +59.8%, saw 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

The average gummed paper import price stood at $X per ton in 2021, growing by 4.3% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 12%. The import price peaked at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the price for Romania ($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 (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :