Greece: Combine Harvester Market 2025

Combine Harvester Market Size in Greece

In 2022, the Greek combine harvester market decreased by -10.7% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, showed strong growth. Combine harvester consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Combine Harvester Exports

Exports from Greece

In 2022, the amount of combine harvester-threshers exported from Greece soared to X units, picking up by 833% compared with the previous year. Overall, exports continue to indicate a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, combine harvester exports soared to $X in 2022. In general, exports, however, recorded a pronounced curtailment. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Cyprus (X units), Albania (X units) and Pakistan (X units) were the main destinations of combine harvester exports from Greece, with a combined 89% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +250.0%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) emerged as the key foreign market for combine harvester-threshers exports from Greece, comprising 76% of total exports. The second position in the ranking was taken by Albania ($X), with a 9.2% share of total exports. It was followed by Cyprus, with a 6% share.

From 2012 to 2022, the average annual growth rate of value to Turkey totaled +29.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (+13.5% per year) and Cyprus (-22.3% per year).

Export Prices by Country

The average combine harvester export price stood at $X per unit in 2022, increasing by 1,314% against the previous year. Over the period under review, the export price, however, saw a abrupt setback. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Cyprus ($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 Pakistan (+114.0%), while the prices for the other major destinations experienced more modest paces of growth.

Combine Harvester Imports

Imports into Greece

For the third consecutive year, Greece recorded growth in supplies from abroad of combine harvester-threshers, which increased by 41% to X units in 2022. Overall, total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.7% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 79%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, combine harvester imports expanded notably to $X in 2022. Over the period under review, imports posted buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 144% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States (X units), Germany (X units) and Italy (X units) were the main suppliers of combine harvester imports to Greece, with a combined 59% share of total imports. Bulgaria, Hungary, Poland and Belgium lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +26.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest combine harvester suppliers to Greece were Germany ($X), the United States ($X) and Italy ($X), together accounting for 72% of total imports. Belgium, Hungary, Bulgaria and Poland lagged somewhat behind, together accounting for a further 25%.

Among the main suppliers, Hungary, with a CAGR of +39.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average combine harvester import price stood at $X per unit in 2022, dropping by -20.1% against the previous year. In general, the import price, however, posted resilient growth. The pace of growth appeared the most rapid in 2020 an increase of 123% against the previous year. The import price peaked at $X per unit in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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