Earlier Report Observations
The market for embroidery with visible ground in Greece grew to 6 170 тыс. долл. in 2019 from 5 186 тыс. долл. the previous year, while domestic production remained steady at around 4 400–4 500 тыс. долл. In 2020, both market size and production fell sharply, to 3 240 тыс. долл. and 3 795 тыс. долл. respectively.
Import values followed a similar pattern, rising to 5 336 тыс. долл. in 2019 before collapsing to 2 640 тыс. долл. in 2020; they later recovered to 5 788 тыс. долл. by 2023 before settling at 4 108 тыс. долл. in 2024. Exports gradually declined from 4 399 тыс. долл. in 2018 to 3 195 тыс. долл. in 2020 and hovered between 3 000 and 3 200 тыс. долл. through the end of the period.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In value
- 4.1.1. Production, 2018-2020
- 4.1.2. Imports, 2018-2024
- 4.1.3. Exports, 2018-2024
- 4.1.4. Market size, 2018-2020
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4.1. In value
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5. Production
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5.1. Production in Greece
- 5.1.1. In value, 2018-2020, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, K $ US
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5.1. Production in Greece
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production embroidery with visible ground in Greece
In value, 2017-2020, K $ US
In Greece, the output value of embroidery with visible ground reached 3 795 thousand US dollars in 2020, marking a 15.4% decline compared to the previous year. Over the 2017-2020 period, production decreased by 21.6%, with an annualized decline rate of 7.8%. The only year of growth during this timeframe was 2019, when production increased by 1.1%.
Annual dynamics of production in Greece in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.3%) | 1.1% | (15.4%) | (7.8%) |
Exports embroidery with visible ground from Greece
Exports in kind, t
The data reveals irregular changes, indicating a volatile market environment. Between 2017 and 2019, export volumes varied significantly, with a 2.8-fold difference between the minimum in 2017 and the maximum in 2019. In 2020, Greece exported 137.0 tons of embroidery with visible ground, representing a substantial 52.7% decrease compared to 2019. The peak export volume was recorded in 2019 at 289.5 tons, while the largest annual increase occurred in 2018 at 82.4%.
Annual dynamics of product's exports from Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 82.4% | 55.7% | (52.7%) | 10.4% |
From 2017 to 2020, Italy was the primary destination for Greek exports of embroidery with visible ground, accounting for 61.6% of total export volume. Bulgaria followed with 8.9%, and Romania with 7.2%. Together, these three countries represented 77.7% of Greece's total exports in kind during this period.
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
Embroidery with visible ground shipments from Greece declined for the second consecutive year. In 2020, export value stood at 3 195 thousand US dollars, representing a significant 12.5% decrease compared to 2019. Over the 2017-2020 period, exports decreased by 23%, equating to an annualized decline rate of 8.3%. The highest export value was recorded in 2018 at 4 399 thousand US dollars. The largest annual decline occurred in 2019 at 17.0%, while the largest increase was recorded in 2018 at 6.0%.
Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.0% | (17.0%) | (12.5%) | (8.3%) |
From 2017 to 2020, Germany was the leading destination for Greek exports of embroidery with visible ground in value terms, accounting for 36.0% of total export value. Italy followed with 17.6%, and Bulgaria with 7.5%. Collectively, these three countries represented 61.1% of Greece's total export flows during this period.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Greece in value, 2017-2020
Imports embroidery with visible ground to Greece
Imports in kind, t
Volatility characterized the market behavior during these years. Import volumes showed significant fluctuation, with a threefold difference between the minimum in 2017 and the maximum in 2019. In 2020, Greece imported 216.0 tons of embroidery with visible ground, representing a dramatic 61.6% decrease compared to 2019. The peak import volume was recorded in 2019 at 562.1 tons, while the largest annual increase occurred in 2018 at 84.7%.
Annual dynamics of product's imports to Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 84.7% | 61.3% | (61.6%) | 4.6% |
Throughout the 2017-2020 period, China dominated Greece's imports of embroidery with visible ground in volume terms, accounting for 82.0% of total import flows. All other markets combined represented the remaining 18.0%.
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
After two consecutive years of growth, Greece's imports of embroidery with visible ground declined in 2020. Import value stood at 2 640 thousand US dollars, representing a dramatic 50.5% decrease compared to the previous year. Over the 2017-2020 period, imports decreased by 40%, with an annualized decline rate of 15.7%. The highest import value was recorded in 2019 at 5 336 thousand US dollars. The largest annual increase occurred in 2018 at 16.9%.
Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.9% | 3.7% | (50.5%) | (15.7%) |
Throughout the 2017-2020 period, China was the dominant partner for Greece's imports of embroidery with visible ground in value terms, accounting for 71.5% of total import flows. All other markets combined represented the remaining 28.5%.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Greece in value, 2017-2020
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