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Greece - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
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Greece: Carpet Market Overview 2021

Carpet Market Size in Greece

After three years of growth, the Greek carpet market decreased by -X% to $X in 2019. In general, consumption recorded a perceptible contraction. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. Carpet consumption peaked at $X in 2010; however, from 2011 to 2019, consumption stood at a somewhat lower figure.

Carpet Production in Greece

In value terms, carpet production contracted slightly to $X in 2019 estimated in export prices. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2011 to 2019, production growth failed to regain the momentum.

Carpet Exports

Exports from Greece

After four years of growth, shipments abroad of carpets and other textile floor coverings decreased by -X% to X tonnes in 2019. Over the period under review, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, carpet exports reduced to $X in 2019. In general, exports continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

Exports by Country

The UK (X tonnes) was the main destination for carpet exports from Greece, accounting for a X% share of total exports. Moreover, carpet exports to the UK exceeded the volume sent to the second major destination, Russia (X tonnes), threefold. Finland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the UK stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+X% per year) and Finland (+X% per year).

In value terms, the UK ($X), Cyprus ($X) and Finland ($X) were the largest markets for carpet exported from Greece worldwide, with a combined X% share of total exports. Russia, the U.S., Austria, Japan, Bosnia and Herzegovina, Croatia and Portugal lagged somewhat behind, together accounting for a further X the main countries of destination, Portugal saw the highest growth rate of 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

The average carpet export price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Croatia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Finland, while the prices for the other major destinations experienced more modest paces of growth.

Carpet Imports

Imports into Greece

In 2019, purchases abroad of carpets and other textile floor coverings decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2009 to 2019, the growth imports remained at a lower figure.

In value terms, carpet imports contracted slightly to $X in 2019. Overall, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Turkey (X tonnes) constituted the largest supplier of carpet to Greece, accounting for a X% share of total imports. Moreover, carpet imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tonnes), threefold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Turkey totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (+X% per year).

In value terms, Turkey ($X) constituted the largest supplier of carpet to Greece, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Turkey totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Italy (-X% per year).

Import Prices by Country

The average carpet import price stood at $X per tonne in 2019, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was India ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carpets and other textile floor coverings in the world?
+
China (1M tonnes) remains the largest carpet consuming country worldwide, comprising approx. 22% of total volume. Moreover, carpet consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (473K tonnes), twofold. India (422K tonnes) ranked third in terms of total consumption with a 9.1% share.
What are the largest producers of carpets and other textile floor coverings in the world?
+
The countries with the highest volumes of carpet production in 2019 were China (1.4M tonnes), Turkey (795K tonnes) and India (528K tonnes), together accounting for 57% of global production.
What are the leading suppliers of carpets and other textile floor coverings to Greece?
+
In value terms, Turkey ($14M) constituted the largest supplier of carpet to Greece, comprising 36% of total imports. The second position in the ranking was occupied by China ($4.1M), with a 11% share of total imports. It was followed by Italy, with a 9.9% share.
What are the leading importers of carpets and other textile floor coverings from Greece?
+
In value terms, the largest markets for carpet exported from Greece were the UK ($2.8M), Cyprus ($1.4M) and Finland ($1.3M), with a combined 46% share of total exports. Russia, the U.S., Austria, Japan, Bosnia and Herzegovina, Croatia and Portugal lagged somewhat behind, together comprising a further 30%.
What is the average export price for carpets and other textile floor coverings in Greece?
+
The average carpet export price stood at $10,223 per tonne in 2019, dropping by -2% against the previous year.
What is the average import price for carpets and other textile floor coverings in Greece?
+
The average carpet import price stood at $6,340 per tonne in 2019, increasing by 5.9% against the previous year.

Product coverage:
• Prodcom 13931100 - Knotted carpets and other knotted textile floor coverings
• Prodcom 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)
• Prodcom 13931300 - Tufted carpets and other tufted textile floor coverings

This report provides an in-depth analysis of the carpet market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Greece

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Greece
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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