Greece export of Aluminium foil indicates rapid growth during 2017-20

Greece has a capitalist economy with a public sector accounting for about 40% of GDP and with per capita GDP about two-thirds that of the leading euro-zone economies. Greece's Industrial production fell 9.9 % YoY in Apr 2020, following an increase of 0.4 % YoY in the previous month.

The aluminium foil exportation market of Greece has recorded robust growth during 2017-19, as the total export volume stood at 158,432 tonnes and the revenue income reported was $478.39 million. The projected export volume for 2020 has been analysed at 71,722 tonnes and the revenue also rose to $225.54 million. However, when the estimated import volume and income gets added to the preceding three years, it reflects 230,154 tonnes and $703.93 million respectively.

In 2017 the nation aluminium foil export has remained at 33,093 tonnes and the revenue income remained at $93.33 million, whereas in 2018 the aluminium foil export saw growth by 82.02%, as the export volume climbed to 60,238 tonnes and the income also surged to $185.54 million.

The country’s aluminium foil export again recorded growth by 8.07% in 2019, as the import volume stood at 65,101 tonnes and the revenue income exhibited was $199.52 million.

The estimated export for 2020 has also been analysed with growth by 10.17%, as the export volume is expected to stretch 71,722 tonnes and the income to surge at $225.54 million.

The major importing nation for Greece aluminium foil export is Albania, Algeria, Angola, Armenia, Austria, Azerbaijan, Bosnia Herzegovina, Belarus, Belgium, Bulgaria, Burundi, Canada, Cote d Ivoire, Chile, Congo, Croatia, Denmark, etc.