Greece: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in Greece

The Greek paper bag machine market reduced to $X in 2022, with a decrease of X% against the previous year. Overall, consumption saw a mild downturn. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Paper Bag Machine Production in Greece

In value terms, paper bag machine production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a slight decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Paper Bag Machine Exports

Exports from Greece

In 2022, exports of machines for making bags, sacks or envelopes of paper or paperboard from Greece soared to X units, with an increase of X% against the year before. Overall, exports posted mild growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, paper bag machine exports declined significantly to $X in 2022. Over the period under review, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for paper bag machine exports from Greece, accounting for a X% share of total exports. Moreover, paper bag machine exports to Germany exceeded the volume sent to the second major destination, Italy (X units), threefold. India (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and India (X% per year).

In value terms, Italy ($X) emerged as the key foreign market for machines for making bags, sacks or envelopes of paper or paperboard exports from Greece, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Albania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Albania (X% per year).

Export Prices by Country

In 2022, the average paper bag machine export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price faced a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced a decline.

Paper Bag Machine Imports

Imports into Greece

In 2022, the amount of machines for making bags, sacks or envelopes of paper or paperboard imported into Greece soared to X units, growing by X% on 2021 figures. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, paper bag machine imports surged to $X in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of paper bag machine to Greece, accounting for a X% share of total imports. Moreover, paper bag machine imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), more than tenfold.

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

In value terms, China ($X) constituted the largest supplier of machines for making bags, sacks or envelopes of paper or paperboard to Greece, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with less than X% share of total imports.

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

Import Prices by Country

In 2022, the average paper bag machine import price amounted to $X per unit, falling by X% against the previous year. In general, the import price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 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 China ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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