Greece: Metallised Yarn Market 2025

Metallised Yarn Market Size in Greece

In 2021, the Greek metallised yarn market decreased by -0.3% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption posted a tangible expansion. Metallised yarn consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Metallised Yarn Production in Greece

In value terms, metallised yarn production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production recorded a tangible increase. The most prominent rate of growth was recorded in 2016 with an increase of 199% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Metallised Yarn Exports

Exports from Greece

In 2021, after four years of growth, there was significant decline in shipments abroad of metallised yarn and strip, when their volume decreased by -42.2% to X tons. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 when exports increased by 67% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metallised yarn exports shrank significantly to $X in 2021. In general, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 90%. As a result, the exports reached the peak of $X, and then shrank dramatically in the following year.

Exports by Country

France (X tons) was the main destination for metallised yarn exports from Greece, with a 84% share of total exports. Moreover, metallised yarn exports to France exceeded the volume sent to the second major destination, Spain (X kg), more than tenfold. Taiwan (Chinese) (X kg) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (0.0% per year) and Taiwan (Chinese) (0.0% per year).

In value terms, France ($X) remains the key foreign market for metallised yarn exports from Greece, comprising 98% of total exports. The second position in the ranking was taken by Russia ($X), with a 0.6% share of total exports. It was followed by Taiwan (Chinese), with a 0.4% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (0.0% per year) and Taiwan (Chinese) (0.0% per year).

Export Prices by Country

The average metallised yarn export price stood at $X per ton in 2021, with an increase of 18% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 87%. The export price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Spain ($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 North Macedonia (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metallised Yarn Imports

Imports into Greece

For the third year in a row, Greece recorded decline in purchases abroad of metallised yarn and strip, which decreased by -23.3% to X tons in 2021. Over the period under review, imports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 67% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, metallised yarn imports shrank sharply to $X in 2021. In general, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2016 when imports increased by 40% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest metallised yarn supplier to Greece, with a 57% share of total imports. Moreover, metallised yarn imports from Turkey exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 6% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-3.2% per year) and Germany (-12.0% per year).

In value terms, Japan ($X), Turkey ($X) and Germany ($X) constituted the largest metallised yarn suppliers to Greece, together comprising 91% of total imports. These countries were followed by Italy and China, which together accounted for a further 4.3%.

Among the main suppliers, Italy, with a CAGR of +2.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average metallised yarn import price stood at $X per ton in 2021, increasing by 7.3% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2020 an increase of 16% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Turkey ($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 (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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