Textile flock, dust and neps market in Greece

Earlier Report Observations

Between 2021 and 2022, the market volume for textile flock, dust and neps in Greece expanded by over 14% to 5 566 tons, driven by regulatory shifts and evolving industrial demand. The introduction of the Extended Producer Responsibility program for textiles, mandating waste management systems by end-2023, alongside a broader EU push for circular textiles, stimulated activity in the sector. This regulatory environment, combined with increased consumer awareness of sustainable products, supported higher production volumes during this period.

Subsequently, the market contracted to 5 222 tons in 2023 and further to 4 520 tons in 2024. This decline coincided with a significant reduction in consumer purchasing power due to high inflation, leading to lower spending on apparel and related goods. While the drive for textile circularity and producer responsibility continued, these structural factors were outweighed by the immediate economic pressure on consumption, which dampened overall market volume.

Production textile flock, dust and neps in Greece

According to Faostat, there is no production of textile flock, dust and neps in Greece.

Exports textile flock, dust and neps from Greece

Exports in kind, t

The data shows irregular fluctuations, pointing to a volatile market environment. The lowest point was recorded in 2018 at 275.8 tonnes, while exports peaked in 2020 at 669.8 tonnes, representing a 2.4-fold difference between these years. In 2019, exports saw the largest increase of 87.7%, followed by a significant uptick of 29.4% in 2020 compared to the previous year. The most substantial decline occurred in 2018, with a drop of 31.7%.

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

From 2017 to 2020, Romania, Albania, and Serbia were the primary markets for Greece's exports of textile flock, dust, and neps in kind. Romania accounted for 29.6% of exports, Albania for 14.4%, and Serbia for 12.4%. Together, these three countries represented 56.4% of total export flows 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

The data indicates irregular changes, reflecting a volatile market environment. Exports reached their lowest point in 2018 at 262.4 thousand US dollars and peaked in 2020 at 667.3 thousand US dollars, showing a 2.5-fold variation. In 2019, exports experienced the largest increase of 86.0%, followed by a sharp rise of 36.7% in 2020 compared to the previous year. The most significant decline was recorded in 2018, with a decrease of 26.2%.

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

Between 2017 and 2020, Romania, Cyprus, and Hungary were the leading destinations for Greece's exports of textile flock, dust, and neps in value terms. Romania held a 30.7% share, Cyprus 12.6%, and Hungary 11.1%. Collectively, these three countries made up 54.4% of total export flows over this timeframe.

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

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

Imports textile flock, dust and neps to Greece

Imports in kind, t

Imports of textile flock, dust, and neps into Greece increased for the third consecutive year. In 2020, Greece imported approximately 371.5 tonnes, which is 49.7% higher than the previous year. From 2017 to 2020, imports grew by 1 851.6%, equivalent to an annualized rate of 169.2%.

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

From 2017 to 2020, Bulgaria, Croatia, and Spain were the largest suppliers of textile flock, dust, and neps to Greece in kind. Bulgaria accounted for 46.1% of imports, Croatia for 31.1%, and Spain for 13.0%. Together, these three countries constituted 90.2% of total import flows during this period.

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

Imports of textile flock, dust, and neps into Greece rose for the third year in a row. In 2020, Greece imported 209.2 thousand US dollars' worth, marking an 80.4% increase compared to the previous year. Between 2017 and 2020, imports surged by 151.1%, translating to an annualized growth rate of 35.9%.

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

Between 2017 and 2020, Germany, Spain, and Croatia were the main sources in the geographical breakdown of Greece's imports of textile flock, dust, and neps in value terms. Germany represented 28.2% of imports, Spain 22.0%, and Croatia 15.7%. Combined, these three countries accounted for 66.0% of total import flows over this period.

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

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