Greece: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Greece

In 2022, the Greek paper pulp moulded articles market increased by 15% to $X, rising for the sixth year in a row after three years of decline. Over the period under review, consumption continues to indicate resilient growth. Paper pulp moulded articles consumption peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from Greece

In 2022, shipments abroad of moulded or pressed articles of paper pulp increased by 27% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 31%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, paper pulp moulded articles exports surged to $X in 2022. Overall, exports saw slight growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

North Macedonia (X tons), Bulgaria (X tons) and Italy (X tons) were the main destinations of paper pulp moulded articles exports from Greece, with a combined 78% share of total exports. Cyprus, Moldova, the UK, Hungary and Romania lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +180.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper pulp moulded articles exported from Greece were North Macedonia ($X), the UK ($X) and Bulgaria ($X), with a combined 68% share of total exports. Italy, Cyprus, Moldova, Hungary and Romania lagged somewhat behind, together accounting for a further 21%.

Moldova, with a CAGR of +202.6%, recorded the highest growth rate of the value of exports, in terms of 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

The average paper pulp moulded articles export price stood at $X per ton in 2022, with an increase of 21% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper pulp moulded articles export price increased by +70.4% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 25%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Bulgaria ($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 Moldova (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into Greece

In 2022, purchases abroad of moulded or pressed articles of paper pulp increased by 16% to X tons, rising for the seventh year in a row after two years of decline. Over the period under review, imports enjoyed temperate growth. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, paper pulp moulded articles imports soared to $X in 2022. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Romania (X tons), Croatia (X tons) and China (X tons) were the main suppliers of paper pulp moulded articles imports to Greece, together accounting for 48% of total imports. Bulgaria, Denmark, the Czech Republic, France, Egypt, Turkey, Lithuania, Italy, Hungary and Sweden lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +104.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Croatia ($X), Romania ($X) and Denmark ($X) appeared to be the largest paper pulp moulded articles suppliers to Greece, together comprising 48% of total imports. China, the Czech Republic, Bulgaria, France, Turkey, Egypt, Lithuania, Italy, Hungary and Sweden lagged somewhat behind, together accounting for a further 35%.

Among the main suppliers, the Czech Republic, with a CAGR of +98.2%, saw the highest growth rate of 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 paper pulp moulded articles import price stood at $X per ton in 2022, standing approx. at the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper pulp moulded articles import price increased by +40.3% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 38%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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