Greece: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Greece

The Greek plastic household ware market dropped significantly to $X in 2021, which is down by -16.7% against the previous year. In general, consumption, however, saw a strong expansion. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Plastic Household Ware Production in Greece

In value terms, plastic household ware production fell slightly to $X in 2021 estimated in export price. In general, production recorded resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 62% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Plastic Household Ware Exports

Exports from Greece

Plastic household ware exports from Greece surged to X tons in 2021, with an increase of 25% against 2020 figures. Over the period under review, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.4% 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 +106.9% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic household ware exports expanded sharply to $X in 2021. In general, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +59.9% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 19% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Cyprus (X tons), Israel (X tons) and Italy (X tons) were the main destinations of plastic household ware exports from Greece, together comprising 38% of total exports. Belgium, Germany, Romania, the Netherlands, Spain, the UK, Denmark, Bulgaria, France and Ireland lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +23.2%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Italy ($X) were the largest markets for plastic household ware exported from Greece worldwide, together accounting for 37% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +24.2%, saw 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 plastic household ware export price amounted to $X per ton, falling by -11.6% against the previous year. Overall, the export price saw a mild decrease. The pace of growth was the most pronounced in 2017 an increase of 12%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Romania ($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 the Netherlands (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Imports

Imports into Greece

In 2021, approx. X tons of plastics household articles and toilet articles were imported into Greece; picking up by 6% on the year before. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -2.4% against 2018 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 31%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, plastic household ware imports soared to $X in 2021. The total import value increased at an average annual rate of +6.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 26% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of plastic household ware imports to Greece, together accounting for 61% of total imports. These countries were followed by Bulgaria, Belgium, Denmark, Israel, the Netherlands, India, Germany, Spain, Austria and France, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +53.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Italy ($X) were the largest plastic household ware suppliers to Greece, together comprising 54% of total imports. These countries were followed by Belgium, Denmark, Germany, the Netherlands, Spain, Israel, Bulgaria, India, Austria and France, which together accounted for a further 39%.

India, with a CAGR of +42.3%, 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 plastic household ware import price amounted to $X per ton, increasing by 15% against the previous year. Over the period under review, the import price, however, showed a mild reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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