Greece: Office Supply Market 2024

Office Supply Market Size in Greece

The Greek office supply market rose modestly to $X in 2022, surging by 3.4% 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). The market value increased at an average annual rate of +4.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in years to come.

Office Supply Exports

Exports from Greece

Office supply exports from Greece skyrocketed to X tons in 2022, rising by 16% on 2021. Overall, exports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, office supply exports skyrocketed to $X in 2022. In general, exports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Cyprus (X tons), Bulgaria (X tons) and Italy (X tons) were the main destinations of office supply exports from Greece, with a combined 60% share of total exports. Romania, Spain, Albania, Germany, Hungary, Slovakia, Malta, Israel and Lebanon lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +18.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for office supply exported from Greece were Cyprus ($X), Italy ($X) and Bulgaria ($X), together accounting for 56% of total exports. Germany, Romania, Hungary, Spain, Malta, Slovakia, Albania, Lebanon and Israel lagged somewhat behind, together accounting for a further 26%.

Slovakia, with a CAGR of +10.5%, 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

In 2022, the average office supply export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, saw a mild decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 31% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Albania ($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 Malta (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Office Supply Imports

Imports into Greece

In 2022, office supply imports into Greece expanded remarkably to X tons, picking up by 8.3% on 2021 figures. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 9.6% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; afterwards, it flattened through to 2022.

In value terms, office supply imports rose modestly to $X in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 25% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of office supply to Greece, accounting for a 47% share of total imports. Moreover, office supply 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 a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.9% per year) and Turkey (-0.8% per year).

In value terms, the largest office supply suppliers to Greece were China ($X), Germany ($X) and Italy ($X), with a combined 77% share of total imports. Turkey, France, Portugal and Poland lagged somewhat behind, together accounting for a further 12%.

Among the main suppliers, Poland, with a CAGR of +20.6%, 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

In 2022, the average office supply import price amounted to $X per ton, reducing by -5.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :