Plaits and Basketwork Market Overview in Greece
In value terms, plaits and basketwork production expanded markedly to $ in 2019 estimated in export prices. In general, production, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2010 when the production volume increased by % y-o-y. Over the period under review, production reached the maximum level at $ in 2015; however, from 2016 to 2019, production stood at a somewhat lower figure.
The value of the plaits and basketwork market in Greece rose rapidly to $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by % y-o-y. Plaits and basketwork consumption peaked at $ in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.