Greece: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Greece

In 2020, the Greek metal advertising sign market decreased by -X% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption recorded a perceptible descent. The most prominent rate of growth was recorded in 2016 when the market value increased by X% year-to-year. Metal advertising sign consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Metal Advertising Sign Production in Greece

In value terms, metal advertising sign production declined to $X in 2020 estimated in export prices. Overall, production saw a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Metal Advertising Sign Exports

Exports from Greece

In 2020, shipments abroad of metal advertising signs increased by X% to X tons for the first time since 2016, thus ending a three-year declining trend. Over the period under review, exports continue to indicate prominent growth. Exports peaked at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, metal advertising sign exports skyrocketed to $X in 2020. Overall, exports showed moderate growth. Exports peaked at $X in 2010; however, from 2011 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tons), Iraq (X tons) and France (X tons) were the main destinations of metal advertising sign exports from Greece, with a combined X% share of total exports. South Korea, Cyprus, Albania and Panama lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in South Korea (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for metal advertising sign exports from Greece, comprising X% of total exports. The second position in the ranking was occupied by Iraq ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual growth rate of value to France amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and the U.S. (+X% per year).

Export Prices by Country

The average metal advertising sign export price stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a noticeable contraction. The growth pace was the most rapid in 2009 an increase of X% y-o-y. The export price peaked at $X per ton in 2019, and then shrank notably in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Cyprus ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Albania, while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Greece

In 2020, supplies from abroad of metal advertising signs decreased by -X% to X tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, metal advertising sign imports dropped dramatically to $X in 2020. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

Germany (X tons), China (X tons) and Turkey (X tons) were the main suppliers of metal advertising sign imports to Greece, together comprising X% of total imports. These countries were followed by Italy, the UK and Spain, which together accounted for a further X 2007 to 2020, the biggest increases were in Spain (+X% per year), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest metal advertising sign suppliers to Greece were China ($X), Germany ($X) and Spain ($X), with a combined X% share of total imports.

In terms of the main suppliers, Spain (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average metal advertising sign import price stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, import price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, metal advertising sign import price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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