Greece: Market for Woven Pile Fabrics And Chenille Fabrics 2022

Market Size for Woven Pile Fabrics And Chenille Fabrics in Greece

The Greek pile and chenille fabric market skyrocketed to $X in 2021, with an increase of 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, however, showed a noticeable decline. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Greece

In 2021, approx. X tons of woven pile fabrics and chenille fabrics were exported from Greece; surging by X% compared with 2020. In general, exports recorded a noticeable increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, pile and chenille fabric exports rose modestly to $X in 2021. Over the period under review, exports, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for pile and chenille fabric exports from Greece, with a X% share of total exports. Moreover, pile and chenille fabric exports to Turkey exceeded the volume sent to the second major destination, Cyprus (X tons), twofold. Albania (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Cyprus ($X), Turkey ($X) and Albania ($X) appeared to be the largest markets for pile and chenille fabric exported from Greece worldwide, with a combined X% share of total exports. Romania, the United States, Russia and Bulgaria lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pile and chenille fabric export price stood at $X per ton in 2021, waning by -X% against the previous year. In general, the export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Romania ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Greece

In 2021, approx. X tons of woven pile fabrics and chenille fabrics were imported into Greece; picking up by X% compared with the previous year's figure. Overall, imports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, pile and chenille fabric imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible curtailment. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of pile and chenille fabric imports to Greece, together accounting for X% of total imports. Turkey, Italy, Thailand, Bulgaria and Belgium lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Italy ($X) appeared to be the largest pile and chenille fabric suppliers to Greece, together comprising X% of total imports. These countries were followed by Germany, Turkey, Belgium, Bulgaria and Thailand, which together accounted for a further X terms of the main suppliers, Thailand, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 2021, the average pile and chenille fabric import price amounted to $X per ton, remaining constant against the previous year. In general, the import price, however, showed a slight reduction. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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