Greece: Nonwoven Fabric Market 2024

Nonwoven Fabric Market Size in Greece

The Greek nonwoven fabric market totaled $X in 2022, with an increase of 4.2% against the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -11.4% against 2020 indices. Nonwoven fabric consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Nonwoven Fabric Production in Greece

In value terms, nonwoven fabric production expanded rapidly to $X in 2022 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 -5.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 36%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Nonwoven Fabric Exports

Exports from Greece

In 2022, overseas shipments of nonwoven fabrics increased by 0.3% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 57% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, nonwoven fabric exports dropped to $X in 2022. In general, exports showed buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 37% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then fell in the following year.

Exports by Country

The United States (X tons), Poland (X tons) and Germany (X tons) were the main destinations of nonwoven fabric exports from Greece, together comprising 32% of total exports. These countries were followed by Sweden, France, Finland, Norway, Bulgaria, Italy, Austria, Croatia, Spain and the Netherlands, which together accounted for a further 54%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +27.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nonwoven fabric exported from Greece were the United States ($X), Poland ($X) and Germany ($X), with a combined 35% share of total exports. These countries were followed by France, Sweden, Finland, Austria, Norway, Italy, Bulgaria, Spain, Croatia and the Netherlands, which together accounted for a further 55%.

France, with a CAGR of +32.0%, recorded the highest rates of growth with regard to 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

In 2022, the average nonwoven fabric export price amounted to $X per ton, waning by -4.1% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nonwoven fabric export price increased by +2.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 75%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to the Netherlands ($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 Austria (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Nonwoven Fabric Imports

Imports into Greece

After ten years of growth, purchases abroad of nonwoven fabrics decreased by -5.8% to X tons in 2022. In general, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by 32%. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, nonwoven fabric imports fell to $X in 2022. Over the period under review, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by 27%. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

Italy (X tons), Turkey (X tons) and Spain (X tons) were the main suppliers of nonwoven fabric imports to Greece, with a combined 74% share of total imports. Israel, China, France, Germany, Finland and Portugal lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +119.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Turkey ($X) and Spain ($X) were the largest nonwoven fabric suppliers to Greece, together accounting for 67% of total imports. These countries were followed by Germany, China, Israel, France, Finland and Portugal, which together accounted for a further 28%.

In terms of the main suppliers, Portugal, with a CAGR of +96.7%, recorded 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 nonwoven fabric import price stood at $X per ton in 2022, falling by -3.7% against the previous year. In general, the import price showed a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of 13% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :