Greece: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Greece

After two years of growth, the Greek market for nets of twine, cordage, rope or textile materials decreased by X% to $X in 2023. Overall, consumption, however, showed a prominent increase. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Greece

In value terms, twine, cordage or textile net production dropped modestly to $X in 2023 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Twine, cordage or textile net production peaked at $X in 2022, and then reduced slightly in the following year.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from Greece

In 2023, shipments abroad of nets of twine, cordage, rope or textile materials decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, twine, cordage or textile net exports dropped to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Italy (X tons) and France (X tons) were the main destinations of twine, cordage or textile net exports from Greece, with a combined X% share of total exports. The UK, Germany, Ireland, Australia, Japan, Lithuania, Austria, New Zealand, Belgium and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for twine, cordage or textile net exported from Greece were Poland ($X), the UK ($X) and Germany ($X), with a combined X% share of total exports. Italy, France, Australia, Ireland, Japan, Lithuania, New Zealand, Austria, Belgium and the United States lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Ireland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for nets of twine, cordage, rope or textile materials amounted to $X per ton, remaining relatively unchanged 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 2022 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 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into Greece

In 2023, imports of nets of twine, cordage, rope or textile materials into Greece rose notably to X tons, picking up by X% compared with the year before. Overall, total imports indicated a prominent increase from 2012 to 2023: its volume 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 2023 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the near future.

In value terms, twine, cordage or textile net imports dropped to $X in 2023. Over the period under review, total imports indicated a buoyant increase from 2012 to 2023: its value 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 2023 figures, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, China (X tons) constituted the largest twine, cordage or textile net supplier to Greece, with a X% share of total imports. Moreover, twine, cordage or textile net imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, the largest twine, cordage or textile net suppliers to Greece were Italy ($X), China ($X) and Vietnam ($X), together comprising X% of total imports. The Netherlands, Croatia, Turkey, Thailand, India and North Macedonia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, saw 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 2023, the average import price for nets of twine, cordage, rope or textile materials amounted to $X per ton, shrinking 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 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, 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