Tulles and other net fabrics and lace in the piece, in strips or in motifs excluding knitted or crocheted fabrics market in Greece

Earlier Report Observations

The market for tulles and other net fabrics in Greece declined significantly from 4.2 million dollars in 2018 to 2.4 million dollars in 2021, a contraction of over 40%. This downturn coincided with a steady reduction in domestic production, which more than halved, and fluctuating import levels.

A rebound occurred in 2022 and 2023, raising the market value to 3.1 million dollars before it settled at 2.9 million dollars in 2024. In the final year, shifting consumer preferences towards modern lace designs, elastic materials, and specific colors for wedding and women's garments supported ongoing demand, while the market's heavy reliance on imported goods remained a defining feature.

Throughout the period, the market structure was characterized by limited local manufacturing capacity, making supply and pricing sensitive to external factors and import flows.

Production tulles, net fabrics and lace in Greece

In value, 2017-2020, K $ US

Greece's production of tulles and other net fabrics and lace (excluding knitted or crocheted fabrics) declined for the second consecutive year. In 2020, output was valued at 1 143 K $ US, down by 41.7% compared to 2019. Over the period from 2018 to 2020, production decreased by 51.3%, with an annualized decline rate of 21.3%.

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

Exports tulles, net fabrics and lace from Greece

Exports in kind, t

Greece's exports of tulles and other net fabrics and lace (excluding knitted or crocheted fabrics) declined for the second consecutive year. In 2020, the country exported 194.8 t, down by 41.9% year-over-year. Between 2017 and 2020, exports decreased by 46.7%, equating to an annualized decline of 18.9%. The highest export volume was recorded in 2018 at 438.4 t, which also saw the largest increase of 20.1%.

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

From 2017 to 2020, Italy, Ukraine, and Bulgaria were the core destinations for Greece's exports in kind. Italy accounted for 40.5% of exports, Ukraine for 35.0%, and Bulgaria for 11.1%. Together, these three countries represented 86.7% 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 cross-border shipments of tulles and other net fabrics and lace (excluding knitted or crocheted fabrics) amounted to 1 911 K $ US, down by 45.8% from 2019. Between 2017 and 2020, exports decreased by 44.8%, with an annualized decline rate of 18.0%. The highest value was recorded in 2019 at 3 528 K $ US, which also saw the largest increase of 4.6%.

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

From 2017 to 2020, Italy, Ukraine, and Bulgaria were the main destinations in the geographical breakdown of Greece's exports in value terms. Italy accounted for 29.4% of exports, Ukraine for 27.5%, and Bulgaria for 11.2%. Combined, these three countries represented 68.1% 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 tulles, net fabrics and lace to Greece

Imports in kind, t

Greece's imports of tulles and other net fabrics and lace (excluding knitted or crocheted fabrics) declined for the second consecutive year. In 2020, imports registered 302.6 t, showing a decline of 21.3% from a year earlier. Between 2017 and 2020, imports increased by 3.1%, with an annualized growth rate of 1.0%. The highest import volume was recorded in 2018 at 445.1 t, which also saw the largest increase of 51.6%.

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

Over the period from 2017 to 2020, China consistently accounted for 74.7% of Greece's total imports in kind, indicating a high concentration on this market. 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

After a two-year rise, Greece's imports of tulles and other net fabrics and lace (excluding knitted or crocheted fabrics) from abroad declined. In 2020, imports amounted to 3 592 K $ US, marking a sharp drop of 32.6% year-over-year. Over the period from 2017 to 2020, imports decreased by 25.1%, with an annualized decline rate of 9.2%. The highest value was recorded in 2019 at 5 330 K $ US, while the largest increase occurred in 2018 at 9.7%.

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

From 2017 to 2020, China, Turkey, and Italy accounted for the largest share of Greece's imports in value terms. China represented 64.1% of imports, Turkey 10.8%, and Italy 5.8%. Together, these three countries comprised 80.7% of total import flows.

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

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