Greece: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2024

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Greece

After two years of decline, the Greek digital data processing machine market increased by 18% to $X in 2021. Overall, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Digital data processing machine consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in Greece

In value terms, digital data processing machine production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production posted a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of 65%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Greece

After seven years of growth, shipments abroad of digital data processing machines: presented in the form of systems decreased by -18.2% to X units in 2021. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2016 with an increase of 199% against the previous year. Over the period under review, the exports hit record highs at X units in 2020, and then shrank significantly in the following year.

In value terms, digital data processing machine exports shrank to $X in 2021. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 212% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then reduced in the following year.

Exports by Country

Spain (X units), Italy (X units) and Turkey (X units) were the main destinations of digital data processing machine exports from Greece, with a combined 83% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +208.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for digital data processing machine exported from Greece were Spain ($X), Italy ($X) and Turkey ($X), together comprising 83% of total exports.

Italy, with a CAGR of +527.4%, recorded 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 digital data processing machine export price amounted to $X per unit, picking up by 6.1% against the previous year. In general, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +10.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 71%. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Cyprus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Greece

In 2021, imports of digital data processing machines: presented in the form of systems into Greece rose notably to X units, growing by 6.5% on the previous year. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by 58%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, digital data processing machine imports shrank slightly to $X in 2021. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by 59% against the previous year. Imports peaked at $X in 2020, and then contracted in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of digital data processing machine to Greece, accounting for a 55% share of total imports. Moreover, digital data processing machine imports from China exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), fivefold. Poland (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +76.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+21.6% per year) and Poland (+4.1% per year).

In value terms, China ($X) constituted the largest supplier of digital data processing machines: presented in the form of systems to Greece, comprising 61% of total imports. The second position in the ranking was held by Poland ($X), with a 20% share of total imports. It was followed by Germany, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +75.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.2% per year) and Germany (+0.8% per year).

Import Prices by Country

In 2021, the average digital data processing machine import price amounted to $X per unit, waning by -10% against the previous year. In general, the import price showed a mild curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 35%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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