Greece: Particle Board Market 2022

Particle Board Market Size in Greece

The Greek particle board market stood at $X in 2021, standing approx. at the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Particle Board Production in Greece

In value terms, particle board production expanded notably to $X in 2021 estimated in export prices. In general, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Particle Board Exports

Exports from Greece

In 2021, approx. X cubic meters of particle boards were exported from Greece; jumping by X% on 2020. Overall, exports, however, faced a abrupt slump. Over the period under review, the exports hit record highs at X cubic meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, particle board exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt descent. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Cyprus (X cubic meters), Albania (X cubic meters) and Bulgaria (X cubic meters) were the main destinations of particle board exports from Greece, with a combined X% share of total exports. Lebanon, Kosovo, Serbia and Romania lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kosovo (+X%), while the other leaders experienced mixed trend patterns.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Cyprus amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (-X% per year) and Bulgaria (-X% per year).

Export Prices by Country

The average particle board export price stood at $X per cubic meter in 2021, picking up by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Romania ($X per cubic meter), while the average price for exports to Albania ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kosovo (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Imports

Imports into Greece

In 2021, after three years of growth, there was decline in supplies from abroad of particle boards, when their volume decreased by -X% to X cubic meters. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked at X cubic meters in 2020, and then contracted in the following year.

In value terms, particle board imports soared to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Bulgaria (X cubic meters) constituted the largest particle board supplier to Greece, with a X% share of total imports. Moreover, particle board imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Romania (X cubic meters), threefold. Turkey (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Bulgaria amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+X% per year) and Turkey (+X% per year).

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

From 2012 to 2021, the average annual growth rate of value from Bulgaria totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average particle board import price stood at $X per cubic meter in 2021, surging by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per cubic meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($X per cubic meter), while the price for Turkey ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform