Greece: Market for Nets of Twine, Cordage, Rope or Textile Materials 2025

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Greece

The Greek market for nets of twine, cordage, rope or textile materials skyrocketed to $X in 2022, increasing by 40% against the previous year. Over the period under review, consumption recorded resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Greece

In value terms, twine, cordage or textile net production declined to $X in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 34% against the previous year. Twine, cordage or textile net production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Export Prices by Country

In 2022, the average export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, rising by 13% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 20%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Ireland ($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 the UK (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Greece

After two years of growth, overseas purchases of nets of twine, cordage, rope or textile materials decreased by -5.1% to X tons in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +14.2% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 51% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, twine, cordage or textile net imports fell to $X in 2022. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 54%. Over the period under review, imports hit record highs at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of twine, cordage or textile net to Greece, accounting for a 41% share of total imports. Moreover, twine, cordage or textile net imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.4% per year) and Turkey (+36.1% per year).

In value terms, Italy ($X), China ($X) and Vietnam ($X) appeared to be the largest twine, cordage or textile net suppliers to Greece, with a combined 58% share of total imports. Croatia, the Netherlands, Turkey, Thailand, North Macedonia and Slovakia lagged somewhat behind, together comprising a further 30%.

In terms of the main suppliers, the Netherlands, with a CAGR of +101.5%, saw 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 import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, waning by -4.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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