Greece: Plastic Container Market 2025

Plastic Container Market Size in Greece

In 2021, the Greek plastic container market increased by 9.1% to $X, rising for the fifth consecutive year after three years of decline. In general, consumption posted prominent growth. Over the period under review, the market reached the peak level in 2021 and is likely to continue growth in the immediate term.

Plastic Container Production in Greece

In value terms, plastic container production dropped modestly to $X in 2021 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +78.5% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 48%. Plastic container production peaked at $X in 2020, and then dropped slightly in the following year.

Plastic Container Exports

Exports from Greece

Plastic container exports from Greece contracted rapidly to X tons in 2021, shrinking by -71.9% on the year before. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 59% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, plastic container exports fell markedly to $X in 2021. In general, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2014 with an increase of 72% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for plastic container exports from Greece, with a 30% share of total exports. Moreover, plastic container exports to France exceeded the volume sent to the second major destination, Turkey (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+10.4% per year) and Italy (-2.2% per year).

In value terms, France ($X) remains the key foreign market for plastic containers exports from Greece, comprising 39% of total exports. The second position in the ranking was held by Canada ($X), with a 13% share of total exports. It was followed by the Netherlands, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to France stood at +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+124.3% per year) and the Netherlands (-16.1% per year).

Export Prices by Country

The average plastic container export price stood at $X per ton in 2021, surging by 39% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Container Imports

Imports into Greece

In 2021, purchases abroad of plastic containers decreased by -6.1% to X tons, falling for the second consecutive year after four years of growth. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 42%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, plastic container imports fell modestly to $X in 2021. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 43%. Imports peaked at $X in 2020, and then reduced modestly in the following year.

Imports by Country

Bulgaria (X tons), Germany (X tons) and Romania (X tons) were the main suppliers of plastic container imports to Greece, with a combined 47% share of total imports. Turkey, the Netherlands, Spain, Italy, Slovakia, China, Belgium, Hungary, the United Arab Emirates and Serbia lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +43.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic container suppliers to Greece were Romania ($X), Germany ($X) and Spain ($X), with a combined 40% share of total imports. These countries were followed by Italy, Bulgaria, Turkey, Slovakia, China, Serbia, the Netherlands, Belgium, Hungary and the United Arab Emirates, which together accounted for a further 48%.

Serbia, with a CAGR of +47.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic container import price stood at $X per ton in 2021, picking up by 5.5% against the previous year. In general, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 17%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Serbia ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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