Earlier Report Observations
The Greek market for wood in the rough contracted significantly from 2018 to 2023, with total volume falling from 958 thousand tonnes to 741 thousand tonnes. After an initial drop in 2019, the market briefly stabilized around 900 thousand tonnes in 2020-2021 before a steep decline of over 140 thousand tonnes occurred in 2022.
This downward trajectory was driven by a substantial reduction in domestic production, which decreased by more than 200 thousand tonnes over the period. While import volumes showed some volatility, they were insufficient to offset the falling output, and a notable rise in exports after 2021 further reduced the supply available on the domestic market.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Greece
- 5.1.1. Annual dynamics of production in Greece in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Greece in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Greece
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production wood in the rough in Greece
In kind, 2017-2020, K t
Top producers of wood in the rough, 2017-2020
World map of production of wood in the rough, 2017-2020
In 2020, Greece produced 883 K t of wood in the rough, showing negligible year-over-year variation. Production decreased by 16.9% between 2017 and 2020, which translates to an annualized decline of 6.0%. The lowest production level was recorded in 2019 at 883 K t, while the largest single-year decline occurred in 2018 at 11.2%.
Annual dynamics of production in Greece in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (11.2%) | (6.5%) | - | (6.0%) |
Exports wood in the rough from Greece
Exports in kind, t
Greece's wood in the rough exports increased for the third consecutive year in 2020, reaching 13 302 t. This represents a 6.7% rise compared to the previous year. Between 2017 and 2020, exports grew by 127%, equivalent to an annualized rate of 31.4%.
Annual dynamics of product's exports from Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.4% | 89.3% | 6.7% | 31.4% |
From 2017 to 2020, Albania and Bulgaria were the key destinations for Greece's wood in the rough exports, jointly accounting for 84.7% of total export flows. Other trading partners individually played much smaller roles 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 export market for wood in the rough exhibited an unstable trend throughout the analyzed period. Export volumes reached their peak in 2019 and hit their lowest point in 2017, with a 4.5-fold difference between these years. In 2020, Greece's wood in the rough exports amounted to 1 157 K $ US, marking a 60.5% decrease from 2019. The highest value was recorded in 2019 at 2 927 K $ US, which also saw the largest annual increase of 191.4%.
Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 53.8% | 191.4% | (60.5%) | 21.0% |
During 2017-2020, Germany (33.3% of export value), Bulgaria (22.3% of export value), and Albania (19.2% of export value) formed the core of Greece's wood in the rough exports in monetary terms. Together, these three countries accounted for 74.8% 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 wood in the rough to Greece
Imports in kind, t
Greece's wood in the rough imports increased for the third consecutive year in 2020, reaching 32 900 t. This represents a significant 53.7% increase compared to the previous year. Between 2017 and 2020, imports grew by 101.9%, equivalent to an annualized rate of 26.4%.
Annual dynamics of product's imports to Greece in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 20.4% | 9.1% | 53.7% | 26.4% |
From 2017 to 2020, Bulgaria, Finland, and Cameroon were the three largest sources for Greece's wood in the rough imports, together accounting for 68.2% 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 wood in the rough imports increased for the third consecutive year in 2020, reaching 13 386 K $ US. This represents a 56.0% increase year-over-year. Between 2017 and 2020, imports grew by 132%, with a compound annual growth rate of 32.4%.
Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 27.3% | 16.8% | 56.0% | 32.4% |
During 2017-2020, Bulgaria (33.5% of import value), Finland (25.8% of import value), and Poland (5.4% of import value) consistently remained the main sources for Greece's wood in the rough imports in monetary terms. Together, these three countries accounted for 64.7% 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
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