Greece: Quilted Textile Products Market 2025

Quilted Textile Products Market Size in Greece

The Greek quilted textile products market reduced notably to $X in 2021, waning by -51.8% against the previous year. Over the period under review, consumption recorded a sharp setback. Over the period under review, the market reached the maximum level at $X in 2020, and then dropped dramatically in the following year.

Quilted Textile Products Production in Greece

In value terms, quilted textile products production declined dramatically to $X in 2021 estimated in export price. In general, production continues to indicate a significant contraction. Quilted textile products production peaked at $X in 2020, and then contracted dramatically in the following year.

Quilted Textile Products Exports

Exports from Greece

In 2021, exports of quilted textile products in the piece (excluding embroidery) from Greece surged to X tons, jumping by 52% compared with 2020. Over the period under review, total exports indicated a significant expansion from 2020 to 2021: its volume increased at an average annual rate of +52.3% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, quilted textile products exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +31.2% over the period from 2020 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.

Exports by Country

Serbia (X tons) was the main destination for quilted textile products exports from Greece, accounting for a 62% share of total exports. Moreover, quilted textile products exports to Serbia exceeded the volume sent to the second major destination, North Macedonia (X tons), twofold. The third position in this ranking was taken by Cyprus (X kg), with a 4.8% share.

From 2020 to 2021, the average annual growth rate of volume to Serbia stood at +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+182.2% per year) and Cyprus (+48.1% per year).

In value terms, Serbia ($X) remains the key foreign market for quilted textile products in the piece (excluding embroidery) exports from Greece, comprising 60% of total exports. The second position in the ranking was taken by North Macedonia ($X), with a 16% share of total exports. It was followed by Cyprus, with an 8% share.

From 2020 to 2021, the average annual growth rate of value to Serbia stood at +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+84.0% per year) and Cyprus (+19.5% per year).

Export Prices by Country

In 2021, the average quilted textile products export price amounted to $X per ton, falling by -13.9% against the previous year. Overall, the export price saw a deep contraction. The export price peaked at $X per ton in 2020, and then contracted in the following year.

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

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (-12.9%), while the prices for the other major destinations experienced a decline.

Quilted Textile Products Imports

Imports into Greece

Quilted textile products imports into Greece soared to X tons in 2021, growing by 101% on 2020. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, quilted textile products imports skyrocketed to $X in 2021. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), China (X tons) and Italy (X tons) were the main suppliers of quilted textile products imports to Greece, together comprising 79% of total imports. These countries were followed by the Netherlands, Spain, Poland and Slovenia, which together accounted for a further 17%.

From 2020 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +456.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of quilted textile products in the piece (excluding embroidery) to Greece, comprising 34% of total imports. The second position in the ranking was held by Turkey ($X), with a 15% share of total imports. It was followed by Italy, with a 13% share.

From 2020 to 2021, the average annual growth rate of value from China amounted to +44.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+191.5% per year) and Italy (+64.3% per year).

Import Prices by Country

The average quilted textile products import price stood at $X per ton in 2021, falling by -5.1% against the previous year. Overall, the import price continues to indicate a deep contraction. The import price peaked at $X per ton in 2020, and then reduced in the following year.

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

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by China (+34.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :