Greece: Matches Market 2025

Matches Market Size in Greece

The Greek matches market reduced to $X in 2021, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption faced a abrupt downturn. Matches consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Matches Exports

Exports from Greece

In 2021, overseas shipments of matches decreased by -83.9% to X kg, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp decline. The pace of growth appeared the most rapid in 2018 with an increase of 2,044% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, matches exports contracted markedly to $X in 2021. In general, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 1,072% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Romania (X kg) was the main destination for matches exports from Greece, with a 97% share of total exports. Moreover, matches exports to Romania exceeded the volume sent to the second major destination, Cyprus (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Romania amounted to -56.8%.

In value terms, Romania ($X) remains the key foreign market for matches exports from Greece, comprising 97% of total exports. The second position in the ranking was taken by Cyprus ($X), with a 3.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Romania totaled -52.8%.

Export Prices by Country

In 2021, the average matches export price amounted to $X per ton, with an increase of 9% against the previous year. Overall, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 76%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat 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 Romania stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.

Matches Imports

Imports into Greece

In 2021, approx. X tons of matches were imported into Greece; declining by -23.1% on the year before. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2019 with an increase of 43%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, matches imports skyrocketed to $X in 2021. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 31%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons), Sweden (X tons) and Bulgaria (X tons) were the main suppliers of matches imports to Greece, with a combined 91% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +106.9%), while purchases for the other leaders experienced a decline.

In value terms, India ($X), Sweden ($X) and Bulgaria ($X) were the largest matches suppliers to Greece, with a combined 83% share of total imports.

Bulgaria, with a CAGR of +134.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average matches import price stood at $X per ton in 2021, increasing by 51% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, matches import price increased by +55.0% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 75% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :