Greece: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Greece

In 2021, the Greek market for plastic plates, sheets, film, foil and strip decreased by -3.7% to $X, falling for the second year in a row after four years of growth. Overall, consumption, however, posted a buoyant expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Greece

In value terms, production of plastic plates, sheets, film, foil and strip declined notably to $X in 2021 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -24.1% against 2018 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 28% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Greece

In 2021, overseas shipments of plastic plates, sheets, film, foil and strip increased by 21% to X tons, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of plastic plates, sheets, film, foil and strip surged to $X in 2021. Over the period under review, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +80.9% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from Greece, accounting for a 13% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was held by Romania (X tons), with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-0.4% per year) and Romania (+2.6% per year).

In value terms, Germany ($X), the United States ($X) and the Netherlands ($X) appeared to be the largest markets for plastic plate, sheet, film, foil and strip exported from Greece worldwide, with a combined 27% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +22.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for plastic plates, sheets, film, foil and strip amounted to $X per ton, rising by 23% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Cyprus ($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 (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Greece

In 2021, the amount of plastic plates, sheets, film, foil and strip imported into Greece expanded sharply to X tons, increasing by 9.1% compared with the previous year's figure. Overall, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +9.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +124.2% against 2012 indices. The growth pace was the most rapid in 2013 when imports increased by 18% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, imports of plastic plates, sheets, film, foil and strip surged to $X in 2021. In general, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +9.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +91.3% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), Bulgaria (X tons) and Turkey (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to Greece, together comprising 49% of total imports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +50.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic plate, sheet, film, foil and strip suppliers to Greece were Italy ($X), Germany ($X) and Turkey ($X), together comprising 52% of total imports. These countries were followed by Bulgaria, Belgium, Poland, Hungary, Romania, India, China, France, Israel and Saudi Arabia, which together accounted for a further 38%.

Bulgaria, with a CAGR of +43.5%, 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

In 2021, the average import price for plastic plates, sheets, film, foil and strip amounted to $X per ton, rising by 16% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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