Tarpaulins, awnings and sunblinds market in Greece

Earlier Report Observations

The market for tarpaulins, awnings and sunblinds in Greece expanded significantly between 2018 and 2024. In physical terms, volume grew from 2 268 tons to 3 995 tons, an increase of 76%. In value, the market rose from 29.8 million US dollars to 51.9 million US dollars, up 74%. This overall growth was accompanied by considerable year-to-year fluctuations.

After a steady increase in 2019, market volume dipped by 8% to 2 470 tons in 2020. The following two years saw a sharp rebound, with volume surging 33% in 2021 and another 28% in 2022 to reach a peak of 4 227 tons. The value of the market followed a similar trajectory, jumping 45% in 2021.

A correction occurred in 2023, when volume contracted by 13% to 3 688 tons, although market value saw a more modest decline of 4%. The market resumed its upward path in 2024, with volume growing 8% to nearly 4 000 tons and value increasing 10% to 51.9 million US dollars, setting a new high in monetary terms.

Production tarpaulins, awnings and sunblinds in Greece

In value, 2017-2020, K $ US

The market showed an unstable trend throughout the period. Production reached its lowest point in 2017 and peaked in 2019, with a 2.4-fold difference between these years. In 2020, the output of tarpaulins, awnings, and sunblinds in Greece was valued at 28 932 K $ US, representing a limited decline of 9.6% compared to 2019. The highest value was recorded in 2019 at 32 022 K $ US. The largest increase occurred in 2018, with a growth of 114.3%.

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

In kind, 2017-2020, t

The market displayed volatile behavior during these years. Production hit its lowest point in 2017 and peaked in 2019, with a 2.2-fold difference between these years. In 2020, Greece produced 2 112 t of tarpaulins, awnings, and sunblinds, marking a robust drop of 11.3% from the previous year. The maximum volume was recorded in 2019 at 2 380 t. The largest increase was seen in 2018, with a rise of 77.1%.

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

Exports tarpaulins, awnings and sunblinds from Greece

Exports in kind, t

Tarpaulins, awnings, and sunblinds exports from Greece increased for the third consecutive year. In 2020, Greece exported 385.6 t of these goods, up by 154.2% year-over-year. Over the period from 2017 to 2020, exports grew by 343.5%, with a compound annual growth rate (CAGR) of 64.3%.

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

From 2017 to 2020, Italy, Cyprus, and Hungary were the main destinations for Greece's exports of tarpaulins, awnings, and sunblinds in volume terms. Italy accounted for 22.2% of exports, Cyprus for 17.7%, and Hungary for 15.8%, together absorbing 55.8% of total exports.

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

Greece's exports of tarpaulins, awnings, and sunblinds increased for the third consecutive year. In 2020, exports totaled 2 149 K $ US, corresponding to a solid uptick of 21.8% compared to 2019. Between 2017 and 2020, exports increased by 91.6%, equating to an annualized growth rate of 24.2%.

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

From 2017 to 2020, Germany, Cyprus, and Italy were the primary destinations in the geographical breakdown of Greece's exports of tarpaulins, awnings, and sunblinds in value terms. Germany accounted for 24.2% of exports, Cyprus for 19.3%, and Italy for 18.4%, with a combined share of 61.9% 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 tarpaulins, awnings and sunblinds to Greece

Imports in kind, t

In 2020, Greece's imports of tarpaulins, awnings, and sunblinds stood at 744.1 t, showing an increase of 62.6% year-over-year. Over the period from 2017 to 2020, imports grew by 131.9%, with a compound annual growth rate (CAGR) of 32.4%. The largest decline was recorded in 2019, with a drop of 11.0%.

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

From 2017 to 2020, China remained the main market for Greece's imports of tarpaulins, awnings, and sunblinds in volume terms, with a share of 74.8% of total flows. The remaining volume was distributed across numerous other destinations.

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

In 2020, Greece imported tarpaulins, awnings, and sunblinds valued at 4 000 K $ US, marking an uptick of 34.6% from 2019. Over the period from 2017 to 2020, imports increased by 103.2%, with a compound annual growth rate (CAGR) of 26.7%. The largest decline occurred in 2019, with a decrease of 6.6%, while the largest increase was recorded in 2018, with a rise of 61.5%.

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

From 2017 to 2020, three principal markets—China, Bulgaria, and Czechia—together accounted for 73.0% of total imports in value terms of tarpaulins, awnings, and sunblinds to Greece.

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

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