Updated Jan 9, 2023 19:36

Horsehair Imports in Greece

Imports
In , overseas purchases of horsehair increased by % to kg, rising for the second year in a row after two years of decline. Over the period under review, imports showed prominent growth. The pace of growth appeared the most rapid in 2008 with an increase of %. Over the period under review, imports hit record highs at tons in 2010; however, from 2011 to , imports stood at a somewhat lower figure.

In value terms, horsehair imports shrank notably to $ in . Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2008 with an increase of % against the previous year. Over the period under review, imports reached the maximum at $ in 2010; however, from 2011 to , imports stood at a somewhat lower figure.


Imports by Country
Belgium ( kg), Italy ( kg) and Germany ( kg) were the main suppliers of horsehair imports to Greece, together comprising % of total imports. These countries were followed by the Netherlands and Hong Kong SAR, which together accounted for a further %.

From 2007 to , the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest horsehair suppliers to Greece were Italy ($), Hong Kong SAR ($) and Belgium ($), together accounting for % of total imports.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of %, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.


Import Prices by Country
In , the average horsehair import price amounted to $ per ton, with a decrease of -% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by %. The import price peaked at $ per ton in , and then declined significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In , amid the top importers, the country with the highest price was Hong Kong SAR ($ per ton), while the price for the Netherlands ($ per ton) was amongst the lowest.

From 2007 to , the most notable rate of growth in terms of prices was attained by Italy (+%), while the prices for the other major suppliers experienced a decline.