Greece: Paperboard Container Machine Market 2024

Paperboard Container Machine Market Size in Greece

In 2022, the Greek paperboard container machine market increased by 3.9% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Paperboard Container Machine Production in Greece

In value terms, paperboard container machine production declined dramatically to $X in 2022 estimated in export price. Over the period under review, production recorded a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 2,537%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Paperboard Container Machine Exports

Exports from Greece

In 2022, approx. X units of machines for making containers of paper or paperboard were exported from Greece; increasing by 100% compared with the previous year. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 643% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, paperboard container machine exports surged to $X in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2014 with an increase of 808%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Italy (X units) was the main destination for paperboard container machine exports from Greece, with a 50% share of total exports. Moreover, paperboard container machine exports to Italy exceeded the volume sent to the second major destination, Spain (X units), fourfold. The third position in this ranking was held by Cote d'Ivoire (X units), with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to Italy totaled +152.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (0.0% per year) and Cote d'Ivoire (0.0% per year).

In value terms, Italy ($X) emerged as the key foreign market for machines for making containers of paper or paperboard exports from Greece, comprising 54% of total exports. The second position in the ranking was held by Spain ($X), with a 17% share of total exports. It was followed by France, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to +41.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+0.3% per year) and France (+3.2% per year).

Export Prices by Country

The average paperboard container machine export price stood at $X per unit in 2022, which is down by -6.9% against the previous year. Overall, the export price, however, recorded a significant increase. The pace of growth was the most pronounced in 2018 an increase of 878% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+44.2%), while the prices for the other major destinations experienced more modest paces of growth.

Paperboard Container Machine Imports

Imports into Greece

In 2022, overseas purchases of machines for making containers of paper or paperboard increased by 42% to X units, rising for the fifth year in a row after two years of decline. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 400%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, paperboard container machine imports skyrocketed to $X in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 472%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), France (X units) and Italy (X units) were the main suppliers of paperboard container machine imports to Greece, together accounting for 94% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +53.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paperboard container machine suppliers to Greece were France ($X), China ($X) and Italy ($X), together comprising 92% of total imports.

In terms of the main suppliers, China, with a CAGR of +54.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paperboard container machine import price stood at $X per unit in 2022, declining by -8.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 67%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+70.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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