Synthetic Yarn Market Overview in Greece
In value terms, synthetic yarn production expanded notably to $ in estimated in export prices. Over the period under review, production showed a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. Synthetic yarn production peaked in and is likely to see gradual growth in the near future.
The value of the synthetic yarn market in Greece contracted to $ in , declining by -% 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). Over the period under review, consumption recorded a abrupt decline. The growth pace was the most rapid in 2016 with an increase of % against the previous year. Synthetic yarn consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.