Greece: Overview of the Market for Woven Pile Fabrics And Chenille Fabrics 2019

Market Size for Woven Pile Fabrics And Chenille Fabrics in Greece

The revenue of the pile and chenille fabric market in Greece amounted to $X in 2018, dropping 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). Over the period under review, pile and chenille fabric consumption continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Greece pile and chenille fabric consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Greece

In 2018, the amount of woven pile fabrics and chenille fabrics exported from Greece stood at X tonnes, increasing by X% against the previous year. Over the period under review, pile and chenille fabric exports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Greece exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, pile and chenille fabric exports amounted to $X in 2018. Over the period under review, pile and chenille fabric exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Greece exports peaked in 2018 and are likely to continue its growth in the near future.

Exports by Country

China dominates pile and chenille fabric exports structure, accounting for X tonnes, which was near X% of total exports in 2018. Turkey (X tonnes) held the second position in the ranking, followed by Germany (X tonnes). All these countries together took approx. X% share of total exports. The following exporters - Belgium (X tonnes), Spain (X tonnes), the UK (X tonnes), South Korea (X tonnes), Portugal (X tonnes) and Italy (X tonnes) - together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, the UK (+X%), Germany (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. South Korea experienced a relatively flat trend pattern. By contrast, Belgium (-X%), Turkey (-X%), Italy (-X%) and Portugal (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while Italy (-X p.p.), Portugal (-X p.p.), Belgium (-X p.p.) and Turkey (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pile and chenille fabric supplier from Greece, comprising X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (-X% per year) and South Korea (+X% per year).

Export Prices by Country

The pile and chenille fabric export price in Greece stood at $X per tonne in 2018, stabilizing at the previous year. In general, the export price indicated a significant expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pile and chenille fabric export price decreased by -X% against 2013 indices. The pace of growth was the most pronounced in 2013 when the export price increased by X% y-o-y. In that year, the export prices for woven pile fabrics and chenille fabrics reached their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the export prices for woven pile fabrics and chenille fabrics remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was South Korea ($X per tonne), while Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Greece

In 2018, approx. X tonnes of woven pile fabrics and chenille fabrics were imported into Greece; declining by -X% against the previous year. Over the period under review, pile and chenille fabric imports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, pile and chenille fabric imports attained their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, pile and chenille fabric imports amounted to $X in 2018. Over the period under review, pile and chenille fabric imports continue to indicate a drastic setback. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, pile and chenille fabric imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

The countries with the highest levels of pile and chenille fabric imports in 2018 were the United Arab Emirates (X tonnes), the U.S. (X tonnes), the UK (X tonnes), Iran (X tonnes), Poland (X tonnes), Russia (X tonnes), the Czech Republic (X tonnes), Bangladesh (X tonnes), Saudi Arabia (X tonnes), Germany (X tonnes), China, Hong Kong SAR (X tonnes) and Morocco (X tonnes), together recording X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran, while the other leaders experienced more modest paces of growth.

In value terms, the largest pile and chenille fabric importing markets into Greece were the United Arab Emirates ($X), the UK ($X) and the U.S. ($X), with a combined X% share of total imports. Poland, the Czech Republic, Germany, Bangladesh, Iran, Saudi Arabia, Russia, China, Hong Kong SAR, Morocco and Greece lagged somewhat behind, together comprising a further X the main importing countries, the Czech Republic experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the pile and chenille fabric import price in Greece amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the pile and chenille fabric import price, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2018 when the import price increased by X% y-o-y. Greece import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per tonne), while Iran ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform