Greece: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Greece

In 2022, the Greek high-tenacity filament nylon yarn market increased by 112% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw temperate growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Greece

In 2022, overseas shipments of high-tenacity filament yarn of nylon or other polyamides increased by 17% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 1,669%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, high-tenacity filament nylon yarn exports amounted to $X in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 1,035% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Croatia (X tons) was the main destination for high-tenacity filament nylon yarn exports from Greece, with a 74% share of total exports. Moreover, high-tenacity filament nylon yarn exports to Croatia exceeded the volume sent to the second major destination, Romania (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Croatia stood at +32.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+83.2% per year) and Bulgaria (+14.0% per year).

In value terms, Croatia ($X) remains the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Greece, comprising 74% of total exports. The second position in the ranking was taken by Romania ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Croatia stood at +29.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+57.8% per year) and Bulgaria (+4.6% per year).

Export Prices by Country

The average high-tenacity filament nylon yarn export price stood at $X per ton in 2022, falling by -4.8% against the previous year. Overall, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.0%), while the prices for the other major destinations experienced a decline.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Greece

In 2022, purchases abroad of high-tenacity filament yarn of nylon or other polyamides was finally on the rise to reach X tons after three years of decline. Over the period under review, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, high-tenacity filament nylon yarn imports soared to $X in 2022. In general, imports continue to indicate a mild increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest high-tenacity filament nylon yarn supplier to Greece, accounting for a 45% share of total imports. Moreover, high-tenacity filament nylon yarn imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X tons), twofold. Latvia (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (0.0% per year) and Latvia (+12.4% per year).

In value terms, Russia ($X) constituted the largest supplier of high-tenacity filament yarn of nylon or other polyamides to Greece, comprising 41% of total imports. The second position in the ranking was taken by Belarus ($X), with a 16% share of total imports. It was followed by Latvia, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from Russia stood at +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (0.0% per year) and Latvia (+16.5% per year).

Import Prices by Country

The average high-tenacity filament nylon yarn import price stood at $X per ton in 2022, with an increase of 8.2% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. The growth pace was the most rapid in 2021 when the average import price increased by 26% against the previous year. 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 China ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :