Greece: Newsprint Market Overview 2021

Newsprint Market Size in Greece

The Greek newsprint market dropped rapidly to $X in 2020, reducing 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). In general, consumption continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Newsprint consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Newsprint Exports

Exports from Greece

In 2020, after five years of growth, there was significant decline in shipments abroad of newsprint, when their volume decreased by -X% to X tonnes. In general, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Exports peaked at X tonnes in 2019, and then contracted sharply in the following year.

In value terms, newsprint exports fell to $X in 2020. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Exports peaked at $X in 2019, and then contracted in the following year.

Exports by Country

Israel (X tonnes) was the main destination for newsprint exports from Greece, accounting for a X% share of total exports. Moreover, newsprint exports to Israel exceeded the volume sent to the second major destination, Cyprus (X tonnes), threefold. Bulgaria (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Israel stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (-X% per year) and Bulgaria (+X% per year).

In value terms, Israel ($X) remains the key foreign market for newsprint exports from Greece, comprising X% of total exports. The second position in the ranking was occupied by Qatar ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Israel stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+X% per year) and Bulgaria (+X% per year).

Export Prices by Country

In 2020, the average newsprint export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure in 2020 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Qatar ($X per tonne), while the average price for exports to Cyprus ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria, while the prices for the other major destinations experienced mixed trend patterns.

Newsprint Imports

Imports into Greece

For the seventh year in a row, Greece recorded decline in supplies from abroad of newsprint, which decreased by -X% to X tonnes in 2020. Overall, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, newsprint imports dropped significantly to $X in 2020. In general, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Austria (X tonnes), Belgium (X tonnes) and Germany (X tonnes) were the main suppliers of newsprint imports to Greece, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium, while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest newsprint suppliers to Greece were Austria ($X), Belgium ($X) and Germany ($X), with a combined X% share of total imports.

Belgium recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2020, the average newsprint import price amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Germany ($X per tonne) and Belgium ($X per tonne), while the price for Canada ($X per tonne) and Russia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, 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 newsprint in the world?

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The countries with the highest volumes of newsprint consumption in 2020 were China (3.4M tonnes), Japan (2.3M tonnes) and the U.S. (2.1M tonnes), with a combined 39% share of global consumption. These countries were followed by India, Germany, South Korea, Russia, the UK, Sweden, Italy, the Netherlands, Canada and France, which together accounted for a further 37%.

What are the largest producers of newsprint in the world?

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The countries with the highest volumes of newsprint production in 2020 were China (2.8M tonnes), Canada (2.4M tonnes) and Japan (2.3M tonnes), together comprising 38% of global production. These countries were followed by Russia, India, the U.S., Germany, South Korea, Sweden, the UK, Norway, France and Switzerland, which together accounted for a further 44%.

What are the leading suppliers of newsprint to Greece?

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In value terms, Austria ($5.3M), Belgium ($2.8M) and Germany ($2.4M) were the largest newsprint suppliers to Greece, with a combined 59% share of total imports.

What are the leading importers of newsprint from Greece?

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In value terms, Israel ($78K) remains the key foreign market for newsprint exports from Greece, comprising 49% of total exports. The second position in the ranking was occupied by Qatar ($27K), with a 17% share of total exports. It was followed by Bulgaria, with a 13% share.

What is the average export price for newsprint in Greece?

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The average newsprint export price stood at $855 per tonne in 2020, surging by 28% against the previous year.

What is the average import price for newsprint in Greece?

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The average newsprint import price stood at $595 per tonne in 2020, falling by -11.2% against the previous year.