Vulcanised rubber plates, sheets, strip, rods and profiles market in Greece

Earlier Report Observations

The market for vulcanised rubber plates, sheets, strip, rods and profiles in Greece showed considerable volatility from 2018 to 2024. It began at $8.9 million in 2018, rose to $9.8 million in 2019, then fell sharply to $7.2 million in 2020. A sustained recovery followed, pushing the market to $10.6 million in 2022 and a peak of $13.6 million in 2023.

This growth was reversed in 2024, with the market value declining to $11.6 million. The overall expansion across the period was supported by a substantial rise in import values, particularly in the latter years, while exports also increased significantly from 2023 onward.

Production vulcanised rubber plates, sheets, strip, rods and profiles in Greece

In value, 2017-2020, K $ US

Production of vulcanised rubber plates, sheets, strip, rods and profiles in Greece declined for the second consecutive year. In 2020, output was valued at 2 061 K $ US, representing a 21.5% decrease compared to 2019. Over the period from 2017 to 2020, production increased by 17.6%, which translates to an annualized growth rate of 5.6%. The highest value was recorded in 2018 at 2 894 K $ US, with the largest annual increase of 65.1% also occurring that year.

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

In kind, 2017-2020, t

Greece's production volume of vulcanised rubber plates, sheets, strip, rods and profiles fell for the second year in a row. In 2020, the country produced 597.1 tonnes, marking a significant 20.3% drop from 2019. From 2017 to 2020, overall production grew by 17.9%, corresponding to a compound annual growth rate of 5.7%. The peak volume was reached in 2018 at 846.4 tonnes, with the largest annual increase of 67.2% recorded that same year.

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

Exports vulcanised rubber plates, sheets, strip, rods and profiles from Greece

Exports in kind, t

Following a two-year decline, Greece's exports of vulcanised rubber plates, sheets, strip, rods and profiles rebounded in 2020. Export volumes reached 424 tonnes, showing a strong 21.3% increase compared to 2019. Over the 2017-2020 period, exports rose by 6.4%, equivalent to an annualized growth rate of 2.1%. The lowest volume was recorded in 2019 at 349 tonnes, while the largest annual decline of 10.0% occurred in 2018.

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

Between 2017 and 2020, Greece's exports of vulcanised rubber plates, sheets, strip, rods and profiles were distributed across a wide range of markets. Serbia accounted for 18.8% of export volumes, Bulgaria for 17.6%, and Romania for 13.1%. Together, these three countries represented 49.5% of total export flows, indicating a relatively diversified market structure.

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 export value of vulcanised rubber plates, sheets, strip, rods and profiles declined for the third consecutive year. In 2020, exports amounted to 1 361 K $ US, reflecting a modest 6.7% decrease from the previous year. From 2017 to 2020, export values fell by 15.9%, which corresponds to an annualized decline of 5.6%.

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

Over the 2017-2020 period, Greece's export value of vulcanised rubber plates, sheets, strip, rods and profiles showed limited concentration. Serbia accounted for 17.1% of export value, Cyprus for 15.8%, and Bulgaria for 13.5%. Combined, these three markets captured 46.4% of total export flows, with the remainder spread across numerous other destinations.

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

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

Imports vulcanised rubber plates, sheets, strip, rods and profiles to Greece

Imports in kind, t

In 2020, Greece's imports of vulcanised rubber plates, sheets, strip, rods and profiles totaled 2 653 tonnes, representing a sharp 64.9% decrease compared to 2019. Over the 2017-2020 period, import volumes declined by 64.5%, equivalent to a compound annual decrease of 29.2%. The highest volume was recorded in 2019 at 7 548 tonnes, with the largest annual increase of 22.8% also occurring that year.

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

From 2017 to 2020, France, Italy, and China consistently dominated Greece's import structure for vulcanised rubber plates, sheets, strip, rods and profiles. France accounted for 47.5% of import volumes, Italy for 22.1%, and China for 7.7%. Together, these three countries represented 77.4% of total import 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 rising for two years, Greece's import value of vulcanised rubber plates, sheets, strip, rods and profiles declined in 2020. Imports totaled 6 545 K $ US, down by 23.9% compared to 2019. Over the 2017-2020 period, import values decreased by 6.1%, corresponding to an annualized decline of 2.1%. The peak value was recorded in 2019 at 8 607 K $ US, with the largest annual increase of 14.1% also occurring that year.

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

The structure of Greece's import value for vulcanised rubber plates, sheets, strip, rods and profiles from 2017 to 2020 indicates a diversified set of trading partners. Germany accounted for 20.4% of import value, Italy for 18.3%, and Czechia for 9.5%. Together, these three countries represented 48.2% of total import flows, while the remaining 51.8% was distributed among numerous smaller markets.

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

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