Not reinforced or laminated non-cellular PS sheets market in Greece

Earlier Report Observations

The volume of the Greek market for non-cellular polystyrene sheets grew steadily from 29 615 t in 2018 to 33 905 t in 2021. This expansion was supported by a consistent rise in domestic production, which increased from 28 056 t to 32 216 t over the same period, while import volumes varied.

In value terms, the market reached USD 80.6 million in 2021, marking a sharp increase from USD 60.7 million in 2018. The production value also rose significantly to USD 76.4 million in 2021, reflecting a notable change in the market's monetary scale despite a slight dip in 2019.

After 2021, import volumes continued to contract, falling to 917 t in 2024, while export levels remained relatively stable at around 200 t annually.

Production not reinforced or laminated non-cellular PS sheets in Greece

In value, 2017-2020, K $ US

In 2020, the output of not reinforced or laminated non-cellular PS sheets in Greece was valued at 55 616 K $ US, marking a slight improvement of 2.4% compared to 2019. Over the period from 2017 to 2020, production increased by 11.2%, which translates to an annualized growth rate of 3.6%. The highest value was recorded in 2018 at 56 193 K $ US, with the largest increase of 12.4% occurring that year. Conversely, the most significant decline was observed in 2019, with a drop of 3.4%.

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

In kind, 2017-2020, t

Production of not reinforced or laminated non-cellular PS sheets in Greece rose for the second consecutive year. In 2020, Greece produced 30 605 t, representing a measured gain of 7.0% year-over-year. From 2017 to 2020, overall production increased by 3.8%, with a compound annual growth rate of 1.2%. The lowest output was recorded in 2018 at 28 056 t, which also saw the largest decline of 4.9%.

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

Exports not reinforced or laminated non-cellular PS sheets from Greece

Exports in kind, t

Following a two-year increase, the volume of not reinforced or laminated non-cellular PS sheets exported from Greece declined. In 2020, exports stood at 101 t, amounting to a drop of 30.8% compared to 2019. Over the 2017-2020 period, exports increased by 20.7%, equating to an annualized rate of 6.5%. The peak value was recorded in 2019 at 145 t, with the largest increase of 55.2% occurring that year.

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

From 2017 to 2020, Mexico, Brazil, and Bulgaria dominated the structure of exports in kind. Mexico accounted for 44.5% of exports, Brazil for 30.3%, and Bulgaria for 12.6%, collectively representing 87.4% of total 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

After a two-year rise, exports of not reinforced or laminated non-cellular PS sheets from Greece declined. In 2020, exports tallied 1 118 K $ US, corresponding to a robust decline of 11.3% compared to 2019. Between 2017 and 2020, exports increased by 61.3%, equating to an annualized rate of 17.3%. The maximum value was recorded in 2019 at 1 259 K $ US, with the largest increase of 56.0% occurring that year.

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

In the 2017-2020 period, Mexico, Brazil, and Bulgaria were the main destinations in the geographical breakdown of exports in value terms. Mexico accounted for 43.7% of exports, Brazil for 23.2%, and Bulgaria for 22.9%, with a combined share of 89.9% of total 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 not reinforced or laminated non-cellular PS sheets to Greece

Imports in kind, t

Volatility characterized the market behavior during these years. Imports reached their lowest point in 2017 and peaked in 2019, with a 2.9-fold difference between these years. In 2020, Greece imported a total of 2 229 t of not reinforced or laminated non-cellular PS sheets, marking a loss of 22.7% from the previous year. The maximum value was recorded in 2019 at 2 882 t, with the largest increase of 74.3% occurring that year.

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

From 2017 to 2020, Germany, Italy, and Belgium consistently occupied leading positions in the country structure of imports in kind. Germany accounted for 39.7% of imports, Italy for 20.7%, and Belgium for 9.7%, jointly accounting for 70.1% of total flows.

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 a two-year gain, foreign supplies of not reinforced or laminated non-cellular PS sheets to Greece declined. In 2020, imports came to 5 946 K $ US, indicating a solid decrease of 13.4% year-over-year. Over the 2017-2020 period, imports increased by 45.7%, with a compound annual growth rate of 13.4%. The maximum value was recorded in 2019 at 6 863 K $ US, with the largest increase of 30.0% occurring that year.

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

In the 2017-2020 period, Germany, Italy, and Romania led the structure of imports in value terms. Germany accounted for 33.8% of imports, Italy for 15.0%, and Romania for 12.9%, together representing 61.7% of total flows.

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

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