Greece: Man-Made Filament Yarn Market 2024

Man-Made Filament Yarn Market Size in Greece

The Greek man-made filament yarn market totaled $X in 2023, picking up by X% against the previous year. Over the period under review, consumption, however, recorded a abrupt curtailment. Man-made filament yarn consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Man-Made Filament Yarn Production in Greece

In value terms, man-made filament yarn production rose notably to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Man-made filament yarn production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Man-Made Filament Yarn Exports

Exports from Greece

In 2023, overseas shipments of man-made filament yarn decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, man-made filament yarn exports skyrocketed to $X in 2023. Overall, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Hungary (X tons), Italy (X tons) and Turkey (X tons) were the main destinations of man-made filament yarn exports from Greece, together comprising X% of total exports.

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

In value terms, Hungary ($X) emerged as the key foreign market for man-made filament yarn exports from Greece, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Hungary totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Turkey (X% per year).

Export Prices by Country

The average man-made filament yarn export price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2023 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Albania ($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 Serbia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Man-Made Filament Yarn Imports

Imports into Greece

In 2023, the amount of man-made filament yarn imported into Greece contracted remarkably to X tons, with a decrease of X% against the previous year's figure. In general, imports, however, saw measured growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, man-made filament yarn imports reduced remarkably to $X in 2023. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2023, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), India (X tons) and Italy (X tons) were the main suppliers of man-made filament yarn imports to Greece, together comprising X% of total imports. Turkey, the Netherlands, France and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of man-made filament yarn to Greece, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Italy (X% per year).

Import Prices by Country

The average man-made filament yarn import price stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, the import price, however, posted a slight expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform