Greece: Paper Knife Market 2024

Paper Knife Market Size in Greece

In 2022, after three years of decline, there was significant growth in the Greek paper knife market, when its value increased by 42% to $X. In general, consumption saw a strong expansion. Paper knife consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Paper Knife Exports

Exports from Greece

In 2022, the amount of paper knives exported from Greece skyrocketed to X units, with an increase of 15% on 2021 figures. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2014 when exports increased by 522% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, paper knife exports contracted to $X in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 356% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

Italy (X units) was the main destination for paper knife exports from Greece, with a 56% share of total exports. Moreover, paper knife exports to Italy exceeded the volume sent to the second major destination, Hungary (X units), threefold. The third position in this ranking was taken by Spain (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at +52.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+187.8% per year) and Spain (+87.4% per year).

In value terms, Italy ($X) remains the key foreign market for paper knives exports from Greece, comprising 44% of total exports. The second position in the ranking was taken by Hungary ($X), with a 16% share of total exports. It was followed by Romania, with a 9% share.

From 2012 to 2022, the average annual growth rate of value to Italy stood at +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+97.7% per year) and Romania (+73.7% per year).

Export Prices by Country

In 2022, the average paper knife export price amounted to $X per unit, which is down by -24.6% against the previous year. In general, the export price recorded a abrupt decline. The growth pace was the most rapid in 2013 when the average export price increased by 52%. The export price peaked at $X per unit in 2016; however, from 2017 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 Romania ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+5.1%), while the prices for the other major destinations experienced a decline.

Paper Knife Imports

Imports into Greece

In 2022, after three years of decline, there was significant growth in overseas purchases of paper knives, when their volume increased by 40% to X units. Over the period under review, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 57% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, paper knife imports skyrocketed to $X in 2022. In general, imports showed strong growth. The growth pace was the most rapid in 2016 when imports increased by 51%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest paper knife supplier to Greece, with a 57% share of total imports. Moreover, paper knife imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Italy (X units) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.6% per year) and Italy (+29.8% per year).

In value terms, the largest paper knife suppliers to Greece were Germany ($X), China ($X) and France ($X), with a combined 82% share of total imports. Austria, the Netherlands, Italy and Malaysia lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, Austria, with a CAGR of +303.2%, recorded 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 paper knife import price stood at $X per unit in 2022, waning by -13.2% against the previous year. Over the period under review, the import price recorded a noticeable reduction. The growth pace was the most rapid in 2017 when the average import price increased by 29% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.

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 Malaysia ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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