Bobbins and spools for winding textile yarn market in Greece

Earlier Report Observations

The market volume for bobbins and spools for winding textile yarn in Greece more than doubled from 2 289 tons in 2018 to a peak of 5 945 tons in 2022, marking a period of rapid expansion. After a correction to 5 112 tons in 2023, the market partially recovered to 5 520 tons in 2024.

This growth coincided with a substantial increase in domestic production, which rose by over 60% from 4 613 tons in 2018 to 7 461 tons in 2022. Simultaneously, exports fell steadily from 2 323 tons to 398 tons over the full period, making more output available for local consumption, while imports remained negligible except for a rise to 22 tons in 2024.

In value terms, the market expanded even more sharply, from USD 7.8 million in 2018 to USD 18.5 million in 2022, suggesting an increase in unit prices or a product mix shift. After declining to USD 16.4 million in 2023, the market's value rebounded to USD 17.7 million in 2024.

Production bobbins and spools for winding textile yarn in Greece

In value, 2017-2020, K $ US

Greece's production of bobbins and spools for winding textile yarn has increased for the third consecutive year. In 2020, the output was valued at 13 145 K $ US, marking a substantial 12.9% rise compared to the previous year. From 2017 to 2020, production grew by 48.7%, which translates to an annualized growth rate of 14.1%.

Annual dynamics of production in Greece in value, 2017-2020, K $ US

In kind, 2017-2020, t

Production of bobbins and spools for winding textile yarn in Greece has risen for the third year in a row. In 2020, Greece produced 5 857 t, showing a moderate increase of 8.5% over 2019. Over the period from 2017 to 2020, production increased by 57.9%, with a compound annual growth rate (CAGR) of 16.4%.

Annual dynamics of production in Greece in kind, 2017-2020, t

Exports bobbins and spools for winding textile yarn from Greece

Exports in kind, t

In 2020, Greece exported 2 471 t of bobbins and spools for winding textile yarn, reflecting a solid 23.2% increase compared to the previous year. From 2017 to 2020, exports grew by 14.7%, with a CAGR of 4.7%. The lowest export volume was recorded in 2019 at 2 005 t, which also saw the largest decline of 13.7%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, t

From 2017 to 2020, Bulgaria, Italy, and Morocco formed the core of Greece's exports in kind. Bulgaria accounted for 26.3% of exports, Italy for 20.8%, and Morocco for 14.3%, together representing 61.4% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Greece in kind, 2017-2020

Exports in value, K $ US

In 2020, Greece's exports of bobbins and spools for winding textile yarn amounted to 2 289 K $ US, indicating a small advance of 1.9% over the previous year. Between 2017 and 2020, exports increased by 2.4%, equating to an annualized rate of 0.8%. The highest value was recorded in 2018 at 2 465 K $ US, which also saw the largest increase of 10.3%, while the largest decline occurred in 2019 at 8.8%.

Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US

From 2017 to 2020, Italy, Bulgaria, and Morocco were the main markets for Greece's exports in value terms. Italy accounted for 32.7% of exports, Bulgaria for 14.9%, and Morocco for 13.0%, together making up 60.5% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Greece in value, 2017-2020

Imports bobbins and spools for winding textile yarn to Greece

Imports in kind, t

The import market for bobbins and spools for winding textile yarn in Greece showed volatility during this period. Imports peaked in 2017 and fell to their lowest point in 2018, with a swing of 79 281 times between these years. In 2020, imports reached 5 t, amounting to an advance of 536,900.0% year-over-year. The minimum value was recorded in 2018 at 0.0 t, which also saw the largest decline of 100.0%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, t

From 2017 to 2020, Bulgaria and Turkey played the leading roles in Greece's imports in kind, with a combined share of 90.2% of total flows, while the remaining share was distributed among other countries.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Greece in kind, 2017-2020

Imports in value, K $ US

The import market exhibited volatility over the observed period. From the high in 2017 to the low in 2018, import volumes varied by 14 534 times. In 2020, Greece imported a total of 10 K $ US of bobbins and spools for winding textile yarn, up by 77,446.9% compared to 2019. The minimum value was recorded in 2018 at 0.0 K $ US, which also saw the largest decline of 100.0%.

Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US

Over the period from 2017 to 2020, Bulgaria and Turkey concentrated the majority of Greece's imports in value terms for bobbins and spools for winding textile yarn, while other markets formed a less significant portion.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Greece in value, 2017-2020