Greece: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Greece

The Greek continuous-action elevators and conveyors market rose to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Continuous-action elevators and conveyors consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Continuous-Action Elevators And Conveyors in Greece

In value terms, continuous-action elevators and conveyors production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports from Greece

In 2022, after three years of growth, there was significant decline in overseas shipments of continuous-action elevators and conveyors, when their volume decreased by X% to X units. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, continuous-action elevators and conveyors exports declined dramatically to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Cyprus (X units) was the main destination for continuous-action elevators and conveyors exports from Greece, accounting for a X% share of total exports. Moreover, continuous-action elevators and conveyors exports to Cyprus exceeded the volume sent to the second major destination, the UK (X units), twofold. The third position in this ranking was held by Nigeria (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Cyprus amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Nigeria (X% per year).

In value terms, Kuwait ($X), Cyprus ($X) and Italy ($X) constituted the largest markets for continuous-action elevators and conveyors exported from Greece worldwide, with a combined X% share of total exports.

Among the main countries of destination, Kuwait, with a CAGR of X%, saw the highest growth rate of 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

The average continuous-action elevators and conveyors export price stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while the average price for exports to Hungary ($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 Kuwait (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators And Conveyors

Imports into Greece

In 2022, the amount of continuous-action elevators and conveyors imported into Greece surged to X units, with an increase of X% against the previous year's figure. Over the period under review, imports posted a strong expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, continuous-action elevators and conveyors imports skyrocketed to $X in 2022. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

France (X units), Spain (X units) and Romania (X units) were the main suppliers of continuous-action elevators and conveyors imports to Greece, together comprising X% of total imports. Italy, Germany, Turkey, Mexico, the Netherlands, Belgium, Austria and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X), Italy ($X) and Austria ($X) were the largest continuous-action elevators and conveyors suppliers to Greece, with a combined X% share of total imports. Turkey, the Netherlands, France, Spain, the UK, Romania, Mexico and Belgium lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average continuous-action elevators and conveyors import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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