Greece: Market for Metal Windows And Doors 2024

Market Size for Metal Windows And Doors in Greece

In 2021, the Greek metal window and door market decreased by -32.1% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020, and then shrank markedly in the following year.

Production of Metal Windows And Doors in Greece

In value terms, metal window and door production fell dramatically to $X in 2021 estimated in export price. In general, production, however, showed a noticeable increase. The pace of growth appeared the most rapid in 2013 with an increase of 177% against the previous year. Metal window and door production peaked at $X in 2020, and then declined sharply in the following year.

Exports of Metal Windows And Doors

Exports from Greece

In 2021, the amount of metal windows and doors exported from Greece soared to X tons, picking up by 22% compared with 2020. Overall, exports saw a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 39% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, metal window and door exports soared to $X in 2021. Over the period under review, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 33%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Canada (X tons), the United States (X tons) and Germany (X tons) were the main destinations of metal window and door exports from Greece, together accounting for 40% of total exports. Serbia, Romania, Bulgaria, Italy, Israel, Cyprus, South Africa, North Macedonia, the UK and France lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +111.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Germany ($X) and the United States ($X) appeared to be the largest markets for metal window and door exported from Greece worldwide, together accounting for 43% of total exports. These countries were followed by Italy, Romania, Cyprus, the UK, Israel, Serbia, Bulgaria, South Africa, France and North Macedonia, which together accounted for a further 37%.

The UK, with a CAGR of +110.6%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average metal window and door export price stood at $X per ton in 2021, with an increase of 2.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2017 an increase of 12%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Serbia ($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 Italy (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal Windows And Doors

Imports into Greece

For the fourth year in a row, Greece recorded growth in supplies from abroad of metal windows and doors, which increased by 12% to X tons in 2021. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.4% 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 increased by +59.9% against 2017 indices. The pace of growth appeared the most rapid in 2020 with an increase of 22%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, metal window and door imports soared to $X in 2021. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 35%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of metal window and door to Greece, with a 49% share of total imports. Moreover, metal window and door imports from Italy exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), fivefold. The third position in this ranking was taken by China (X tons), with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+12.0% per year) and China (+23.5% per year).

In value terms, Italy ($X) constituted the largest supplier of metal windows and doors to Greece, comprising 36% of total imports. The second position in the ranking was taken by Romania ($X), with a 17% share of total imports. It was followed by Bulgaria, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+57.9% per year) and Bulgaria (+8.9% per year).

Import Prices by Country

The average metal window and door import price stood at $X per ton in 2021, rising by 10% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 20%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average 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 Romania ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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