Greece: Textile Flock Market 2024

Textile Flock Market Size in Greece

The Greek textile flock market reached $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Textile flock consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Textile Flock Production in Greece

In value terms, textile flock production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Textile Flock Exports

Exports from Greece

After three years of growth, overseas shipments of textile flock and dust and mill neps decreased by X% to X tons in 2022. Overall, exports saw a perceptible reduction. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, textile flock exports declined modestly to $X in 2022. In general, exports recorded a mild contraction. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons), Romania (X tons) and Cyprus (X tons) were the main destinations of textile flock exports from Greece, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Romania ($X) and Estonia ($X) constituted the largest markets for textile flock exported from Greece worldwide, together accounting for X% of total exports.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average textile flock export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Albania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Flock Imports

Imports into Greece

In 2022, after seven years of growth, there was significant decline in purchases abroad of textile flock and dust and mill neps, when their volume decreased by X% to X tons. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, textile flock imports contracted significantly to $X in 2022. Over the period under review, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped sharply in the following year.

Imports by Country

Bulgaria (X tons), Italy (X tons) and Romania (X tons) were the main suppliers of textile flock imports to Greece, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Romania ($X) and Germany ($X) constituted the largest textile flock suppliers to Greece, together comprising X% of total imports.

Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average textile flock import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, saw a significant decrease. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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