Greece: Baby Clothes Market 2024

Baby Clothes Market Size in Greece

The Greek baby clothes market contracted to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, enjoyed moderate growth. Baby clothes consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Baby Clothes Production in Greece

In value terms, baby clothes production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the immediate term.

Baby Clothes Exports

Exports from Greece

In 2022, shipments abroad of babies clothing and accessories (not knitted or crocheted) increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, baby clothes exports surged to $X in 2022. In general, exports saw a moderate increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for baby clothes exports from Greece, with a X% share of total exports. Moreover, baby clothes exports to Italy exceeded the volume sent to the second major destination, Spain (X tons), threefold. Cyprus (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Cyprus (X% per year).

In value terms, Italy ($X) emerged as the key foreign market for babies clothing and accessories (not knitted or crocheted) exports from Greece, comprising X% of total exports. The second position in the ranking was held by Cyprus ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and Spain (X% per year).

Export Prices by Country

The average baby clothes export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price posted prominent growth. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 the United States ($X per ton), while the average price for exports to Bulgaria ($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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Baby Clothes Imports

Imports into Greece

In 2022, the amount of babies clothing and accessories (not knitted or crocheted) imported into Greece skyrocketed to X tons, increasing by X% against the year before. Over the period under review, imports enjoyed a slight expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, baby clothes imports skyrocketed to $X in 2022. In general, imports, however, recorded a noticeable reduction. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of baby clothes to Greece, accounting for a X% share of total imports. Moreover, baby clothes imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Poland (X% per year).

In value terms, Spain ($X), Italy ($X) and Poland ($X) appeared to be the largest baby clothes suppliers to Greece, with a combined X% share of total imports.

Among the main suppliers, Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average baby clothes import price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price recorded a pronounced downturn. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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