Greece: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2025

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Greece

In 2021, the Greek market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips decreased by -3.4% to $X, falling for the second year in a row after two years of growth. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -22.5% against 2019 indices. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports from Greece

After two years of decline, shipments abroad of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips increased by 196% to X kg in 2021. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 920%. Over the period under review, the exports of attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips surged to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 382%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X kg) was the main destination for exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips from Greece, with a 63% share of total exports. Moreover, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to the Czech Republic exceeded the volume sent to the second major destination, Austria (X kg), fourfold. Cyprus (X kg) ranked third in terms of total exports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic amounted to +26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+25.9% per year) and Cyprus (+5.7% per year).

In value terms, the largest markets for unmounted tool inserts, sticks or plates exported from Greece were Cyprus ($X), Austria ($X) and North Macedonia ($X), together accounting for 72% of total exports.

North Macedonia, with a CAGR of +17.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, dropping by -19.9% against the previous year. Over the period under review, the export price faced a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 33% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was North Macedonia ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports into Greece

Imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips into Greece declined markedly to X tons in 2021, waning by -18.2% against the previous year. In general, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2013 when imports increased by 69%. Over the period under review, imports of reached the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips reached $X in 2021. Overall, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.5% against 2016 indices. The pace of growth was the most pronounced in 2016 with an increase of 58% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Austria (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to Greece, together comprising 60% of total imports. These countries were followed by France, the Czech Republic, China and Spain, which together accounted for a further 26%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +69.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to Greece, comprising 24% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by Austria, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.4% per year) and Austria (+7.0% per year).

Import Prices by Country

In 2021, the average import price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, rising by 28% against the previous year. In general, the import price recorded a pronounced expansion. The growth pace was the most rapid in 2020 an increase of 70% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :