Greece: Paper Label Market 2025

Paper Label Market Size in Greece

The Greek paper label market soared to $X in 2021, jumping by 17% against the previous year. Overall, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +13.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +16.8% against 2018 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Paper Label Production in Greece

In value terms, paper label production rose significantly to $X in 2021 estimated in export price. Over the period under review, production recorded significant growth. The growth pace was the most rapid in 2013 with an increase of 189%. Over the period under review, production attained the peak level in 2021 and is likely to continue growth in the immediate term.

Paper Label Exports

Exports from Greece

For the fifth year in a row, Greece recorded growth in shipments abroad of labels of paper or paperboard, which increased by 78% to X tons in 2021. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper label exports surged to $X in 2021. Overall, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +56.6% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for paper label exports from Greece, with a 42% share of total exports. Moreover, paper label exports to Italy exceeded the volume sent to the second major destination, Poland (X tons), threefold. The third position in this ranking was held by Bulgaria (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy stood at +101.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+38.8% per year) and Bulgaria (+11.2% per year).

In value terms, the largest markets for paper label exported from Greece were Bulgaria ($X), Italy ($X) and Poland ($X), together comprising 56% of total exports. Cyprus, Romania, Hungary, Russia, Spain, Estonia and the UK lagged somewhat behind, together comprising a further 24%.

Estonia, with a CAGR of +112.0%, saw the highest rates of growth with regard to the value of exports, among 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 paper label export price amounted to $X per ton, shrinking by -11.8% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 29%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Italy ($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 Russia (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Paper Label Imports

Imports into Greece

In 2021, after two years of decline, there was significant growth in purchases abroad of labels of paper or paperboard, when their volume increased by 100% to X tons. Over the period under review, total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper label imports soared to $X in 2021. In general, total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +70.9% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of paper label imports to Greece, together comprising 74% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +27.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and the Netherlands ($X) constituted the largest paper label suppliers to Greece, with a combined 48% share of total imports.

The Netherlands, with a CAGR of +19.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average paper label import price amounted to $X per ton, declining by -25.8% against the previous year. In general, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 35%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then plummeted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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