Greece: Amplifier Market 2024

Amplifier Market Size in Greece

The Greek amplifier market surged to $X in 2022, picking up by 27% 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). Overall, consumption recorded buoyant growth. Amplifier consumption peaked in 2022 and is expected to retain growth in the immediate term.

Amplifier Exports

Exports from Greece

In 2022, shipments abroad of amplifiers decreased by -45.4% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 705%. Over the period under review, the exports attained the peak figure at X units in 2021, and then plummeted in the following year.

In value terms, amplifier exports reduced to $X in 2022. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 354%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Slovakia (X units) was the main destination for amplifier exports from Greece, with a 51% share of total exports. Moreover, amplifier exports to Slovakia exceeded the volume sent to the second major destination, Cyprus (X units), threefold. The third position in this ranking was held by Italy (X units), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia totaled +3,859.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+26.9% per year) and Italy (+29.5% per year).

In value terms, Cyprus ($X), France ($X) and Italy ($X) appeared to be the largest markets for amplifier exported from Greece worldwide, with a combined 57% share of total exports. Slovakia, Canada, Germany and Estonia lagged somewhat behind, together accounting for a further 4.9%.

In terms of the main countries of destination, Slovakia, with a CAGR of +433.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average amplifier export price amounted to $X per unit, increasing by 70% against the previous year. Overall, the export price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 95%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.1%), while the prices for the other major destinations experienced a decline.

Amplifier Imports

Imports into Greece

In 2022, overseas purchases of amplifiers increased by 0.1% to X units, rising for the sixth year in a row after three years of decline. In general, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 113%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, amplifier imports dropped significantly to $X in 2022. Over the period under review, imports recorded resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 115%. As a result, imports reached the peak of $X, and then fell remarkably in the following year.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of amplifier imports to Greece, together accounting for 86% of total imports. Italy, Belgium, the UK and Denmark lagged somewhat behind, together comprising a further 7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +29.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of amplifiers to Greece, comprising 67% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by the Netherlands, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +34.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.1% per year) and the Netherlands (+16.6% per year).

Import Prices by Country

In 2022, the average amplifier import price amounted to $X per unit, waning by -26.3% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 33% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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