Wood doors, their frames and thresholds market in Greece

Earlier Report Observations

The market for wood doors, their frames and thresholds in Greece underwent significant changes in value between 2018 and 2024. After starting at $24.6 million, the market contracted over two years to a low of $21.5 million in 2020. A strong and steady recovery followed, driving the market value to exceed $32 million by 2024.

This growth in market size coincided with a robust expansion of domestic production, which increased in value from $21.3 million to $31.7 million over the period. The market's structure shifted as imports fell sharply from $6.4 million to $2.0 million, while exports also decreased, further concentrating activity within the domestic industry.

Production wood doors, their frames and thresholds in Greece

In value, 2017-2020, K $ US

After two years of growth, Greece's production of wood doors, frames, and thresholds declined. In 2020, output was valued at 20,741 thousand US dollars, marking a 10.7% decrease from 2019. Over the period from 2017 to 2020, production increased by 22.8%, which translates to an average annual growth rate of 7.1%. The peak value was recorded in 2019 at 23,231 thousand US dollars, with the largest annual increase occurring in 2018 at 26.0%.

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

Exports wood doors, their frames and thresholds from Greece

Exports in kind, t

Greece's exports of wood doors, frames, and thresholds declined for the second year in a row. In 2020, exports totaled 548 tonnes, reflecting a sharp contraction of 25.4% compared to 2019. From 2017 to 2020, exports decreased by 26.7%, with a compound annual growth rate of -9.8%. The highest export volume was in 2018 at 796 tonnes, and the largest increase was also in 2018 at 6.4%.

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

From 2017 to 2020, Romania, Cyprus, and North Macedonia were the top buyers of wood doors, frames, and thresholds from Greece. Romania accounted for 29.4% of exports in kind, Cyprus for 20.4%, and North Macedonia for 12.7%. Together, these three countries made up 62.5% of total exports in kind.

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

Following a two-year uptick, Greece's exports of wood doors, frames, and thresholds declined. In 2020, exports were valued at 2,258 thousand US dollars, representing a 36.6% drop from the previous year. Between 2017 and 2020, exports decreased by 21.2%, equating to an average annual decline of 7.6%. The peak value was recorded in 2019 at 3,560 thousand US dollars, with the largest increase occurring in 2019 at 15.7%.

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

From 2017 to 2020, the country structure of Greece's exports in value terms was highly diversified. Romania accounted for 22.8% of exports in value, Cyprus for 18.3%, and North Macedonia for 8.4%. Combined, these three countries represented only 49.5% of total flows, while a long tail of smaller markets made up the remaining 50.5%.

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

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

Imports wood doors, their frames and thresholds to Greece

Imports in kind, t

Greece's imports of wood doors, frames, and thresholds fell for the second consecutive year. In 2020, imports amounted to 1,188 tonnes, indicating a steep decline of 32.6% compared to 2019. Over the period from 2017 to 2020, imports decreased by 34.3%, with an average annual reduction of 13.1%. The highest import volume was in 2018 at 2,228 tonnes, and the largest increase was also in 2018 at 23.2%.

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

From 2017 to 2020, Italy, Poland, and Bulgaria were the main sources for Greece's imports of wood doors, frames, and thresholds in kind. Italy contributed 22.4% of imports in kind, Poland 22.0%, and Bulgaria 19.0%. Together, these three countries accounted for 63.4% 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

Greece's imports of wood doors, frames, and thresholds declined for the second year in a row. In 2020, imports were valued at 3,018 thousand US dollars, corresponding to a dramatic fall of 25.9% from the previous year. Between 2017 and 2020, imports decreased by 19.9%, with a compound annual growth rate of -7.1%. The peak value was recorded in 2018 at 6,365 thousand US dollars. The largest decline occurred in 2019 at 36.0%, while the largest increase was in 2018 at 68.9%.

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

Throughout 2017 to 2020, Italy, Bulgaria, and Poland remained the key partners for Greece's imports in value terms. Italy accounted for 23.7% of imports in value, Bulgaria for 19.0%, and Poland for 16.9%. Collectively, these three countries represented 59.6% 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