Greece: Raw Silk Market Overview 2020

Raw Silk Market Size in Greece

The revenue of the raw silk market in Greece amounted to $X in 2017, coming up by X% against the previous year. In general, raw silk consumption continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2011, when market value increased by X% y-o-y. The raw silk consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Raw Silk Production in Greece

In 2017, approx. X tonnes of raw silk were produced in Greece; leveling off at the previous year. Overall, raw silk production continues to indicate a relatively flat trend pattern. Over the period under review, the raw silk production attained its maximum volume of X tonnes in 2007; afterwards, it flattened through to 2017.

Raw Silk Exports by Country from Greece

Italy (X kg) was the main destination of raw silk exports from Greece, with a approx. -% share of total exports.

From 2007 to 2017, the average annual growth rate of volume to Italy totaled -X%.

In value terms, Italy ($X) also remains the key foreign market for raw silk exports from Greece.

From 2007 to 2017, the average annual growth rate of value to Italy totaled +X%.

Raw Silk Export Prices by Country in Greece

The average raw silk export price stood at X in 2017, approximately reflecting by -% against the previous year. Over the period from 2007 to 2017, it decreased at an average annual rate of nan%. The most prominent rate of growth was recorded in 2008, an increase of -% y-o-y. Over the period under review, the average export prices for raw silk attained its maximum level of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by export prices for Italy.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Italy (+X% per year).

Raw Silk Imports into Greece

Raw silk imports into Greece stood at X kg in 2017, reducing by -X% against the previous year. Overall, raw silk imports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2009, when imports increased by X% year-to-year. In that year, the raw silk imports reached their peak volume of X kg. From 2010 to 2017, growth of the raw silk imports failed to regain its momentum.

In value terms, raw silk imports amounted to $X in 2017. Overall, raw silk imports continue to indicate a precipitous decline. Over the period under review, the raw silk imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Raw Silk Imports by Country into Greece

In 2017, India (X tonnes) was the main supplier of raw silk to Greece, accounting for X% share of total imports. Moreover, raw silk imports from India exceeded the figures recorded by the second largest supplier, Romania (X tonnes), threefold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual growth rate of volume from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (-X% per year) and Italy (+X% per year).

In value terms, India ($X) constituted the largest supplier of raw silk to Greece, making up X% of total raw silk imports. The second position in the ranking was occupied by Romania ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (-X% per year) and Italy (+X% per year).

Raw Silk Import Prices by Country in Greece

The average raw silk import price stood at $X per kg in 2017, surging by X% against the previous year. In general, raw silk import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The import price peaked of $X per kg in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Average import prices varied noticeably amongst the major supplying countries. In 2017, the highest prices were recorded for import prices from Italy ($X per kg) and Romania ($X per kg), while prices for raw silk imports from India ($X per kg) and Romania ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Italy (-X% per year), the import prices for other major suppliers experienced a decline.

Source: IndexBox Platform