**Greek Demand for Unvulcanized Rubber Soars Amid Industrial Revival**
**Imports surge as domestic manufacturers ramp up production to meet growing demand**
• Greek imports of unvulcanized rubber articles rose 15% year-over-year in May, driven by strong demand from the manufacturing sector.
• The increase is attributed to a rebound in industrial production, which has been gaining momentum since the start of 2023, following a slowdown due to supply chain disruptions and economic uncertainty.
• Prices for unvulcanized rubber articles have stabilized at around €1.8 per kilogram, as suppliers adjust to the surge in demand and raw material costs remain relatively stable.
A significant uptick in Greek industrial output has created a corresponding boost in demand for intermediate goods, including unvulcanized rubber articles used in tire manufacturing and other applications. The imports increase is consistent with broader trends in European industry, where production has been recovering steadily this year following a difficult 2022.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 57,923 | 1,010,305 |
| 2021 | 71,932 | 995,063 |
| 2022 | 97,195 | 1,300,123 |
| 2023 | 63,443 | 1,080,448 |
| 2024 | 69,980 | 1,019,000 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Italy | 24,328 | 344,750 |
| France | 18,945 | 85,564 |
| Taiwan, Province of China | 4,861 | 50,873 |
| Romania | 4,069 | 19,179 |
| Belgium | 4,020 | 97,105 |
| Bulgaria | 3,610 | 87,342 |
| Germany | 3,548 | 209,890 |
| China | 3,303 | 18,425 |
| QW | 1,000 | 7,913 |
| Czech Republic | 561 | 3,111 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Italy | 19,521 | 360,381 |
| Romania | 14,880 | 60,505 |
| Germany | 7,985 | 249,079 |
| Taiwan, Province of China | 4,574 | 49,023 |
| Belgium | 4,023 | 120,998 |
| China | 3,926 | 27,701 |
| Turkey | 2,664 | 18,373 |
| Bulgaria | 2,619 | 94,801 |
| Japan | 785 | 23,057 |
| Czech Republic | 657 | 3,791 |
