Greece: Overview of the Market for Drawn Glass And Blown Glass 2021

Market Size for Drawn Glass And Blown Glass in Greece

The Greek market for drawn glass and blown glass shrank rapidly to $X in 2020, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2019, and then contracted markedly in the following year.

Exports of Drawn Glass And Blown Glass

Exports from Greece

In 2020, approx. X square meters of drawn glass and blown glass were exported from Greece; increasing by X% compared with the year before. In general, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Exports peaked at X square meters in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

In value terms, drawn glass and blown glass exports soared to $X in 2020. Over the period under review, exports recorded strong growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

Bulgaria (X square meters) was the main destination for drawn glass and blown glass exports from Greece, accounting for a X% share of total exports. Moreover, drawn glass and blown glass exports to Bulgaria exceeded the volume sent to the second major destination, Cyprus (X square meters), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Bulgaria stood at +X%.

In value terms, Bulgaria ($X) emerged as the key foreign market for drawn glass and blown glass exports from Greece, comprising X% of total exports. The second position in the ranking was occupied by Cyprus ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Bulgaria stood at +X%.

Export Prices by Country

The average export price for drawn glass and blown glass stood at $X per square meter in 2020, shrinking by -X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% y-o-y. As a result, export price attained the peak level of $X per square meter. From 2015 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Cyprus ($X per square meter), while the average price for exports to Bulgaria totaled $X per square meter.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus.

Imports of Drawn Glass And Blown Glass

Imports into Greece

In 2020, purchases abroad of drawn glass and blown glass decreased by -X% to X square meters for the first time since 2015, thus ending a four-year rising trend. In general, imports, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% y-o-y. As a result, imports reached the peak of X square meters, and then shrank significantly in the following year.

In value terms, drawn glass and blown glass imports totaled $X in 2020. Overall, imports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Turkey (X square meters) constituted the largest drawn glass and blown glass supplier to Greece, with a X% share of total imports. Moreover, drawn glass and blown glass imports from Turkey exceeded the figures recorded by the second-largest supplier, Bulgaria (X square meters), fourfold. The third position in this ranking was occupied by Hungary (X square meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+X% per year) and Hungary (+X% per year).

In value terms, the largest drawn glass and blown glass suppliers to Greece were Hungary ($X), Turkey ($X) and Germany ($X), together comprising X% of total imports.

In terms of the main suppliers, Hungary (+X% per year) saw 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

In 2020, the average import price for drawn glass and blown glass amounted to $X per square meter, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The import price peaked at $X per square meter in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per square meter), while the price for Turkey ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hungary (+X% per year), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for drawn glass and blown glass in the world?

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Japan (221M square meters) constituted the country with the largest volume of drawn glass and blown glass consumption, accounting for 49% of total volume. Moreover, drawn glass and blown glass consumption in Japan exceeded the figures recorded by the second-largest consumer, China (38M square meters), sixfold. The third position in this ranking was occupied by Viet Nam (32M square meters), with a 7% share.

What are the largest producers of drawn glass and blown glass in the world?

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Japan (251M square meters) constituted the country with the largest volume of drawn glass and blown glass production, accounting for 56% of total volume. Moreover, drawn glass and blown glass production in Japan exceeded the figures recorded by the second-largest producer, China (39M square meters), sixfold. Viet Nam (32M square meters) ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of drawn glass and blown glass to Greece?

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In value terms, the largest drawn glass and blown glass suppliers to Greece were Hungary ($81K), Turkey ($46K) and Germany ($19K), with a combined 86% share of total imports.

What are the leading importers of drawn glass and blown glass from Greece?

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In value terms, Bulgaria ($2.5K) emerged as the key foreign market for drawn glass and blown glass exports from Greece, comprising 71% of total exports. The second position in the ranking was occupied by Cyprus ($913), with a 26% share of total exports.

What is the average export price for drawn glass and blown glass in Greece?

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The average export price for drawn glass and blown glass stood at $16 per square meter in 2020, falling by -62% against the previous year.

What is the average import price for drawn glass and blown glass in Greece?

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The average import price for drawn glass and blown glass stood at $3.8 per square meter in 2020, rising by 51% against the previous year.