Greece: Electric Brazing Machine Market 2024

Electric Brazing Machine Market Size in Greece

After two years of growth, the Greek electric brazing machine market decreased by -43.8% to $X in 2022. In general, consumption, however, showed measured growth. Electric brazing machine consumption peaked at $X in 2021, and then dropped rapidly in the following year.

Electric Brazing Machine Exports

Exports from Greece

In 2022, exports of electric brazing or soldering machines and apparatus from Greece contracted sharply to X units, falling by -82.7% compared with 2021 figures. In general, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 701% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric brazing machine exports dropped markedly to $X in 2022. Over the period under review, exports faced a sharp shrinkage. The growth pace was the most rapid in 2018 when exports increased by 1,863% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Romania (X units) was the main destination for electric brazing machine exports from Greece, with a 40% share of total exports. Moreover, electric brazing machine exports to Romania exceeded the volume sent to the second major destination, Tunisia (X units), twofold. Hungary (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania stood at +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (0.0% per year) and Hungary (-75.9% per year).

In value terms, Romania ($X) emerged as the key foreign market for electric brazing or soldering machines and apparatus exports from Greece, comprising 59% of total exports. The second position in the ranking was held by Albania ($X), with a 16% share of total exports. It was followed by Tunisia, with a 6% share.

From 2012 to 2022, the average annual growth rate of value to Romania stood at +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (-5.7% per year) and Tunisia (0.0% per year).

Export Prices by Country

The average electric brazing machine export price stood at $X per unit in 2022, dropping by -8.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 251% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Hungary ($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 North Macedonia (+59.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports into Greece

After three years of growth, purchases abroad of electric brazing or soldering machines and apparatus decreased by -54.1% to X units in 2022. Overall, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 81% against the previous year. Imports peaked at X units in 2021, and then dropped rapidly in the following year.

In value terms, electric brazing machine imports declined rapidly to $X in 2022. In general, imports, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2020 with an increase of 79%. Imports peaked at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

China (X units), Germany (X units) and Cyprus (X units) were the main suppliers of electric brazing machine imports to Greece, together comprising 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cyprus (with a CAGR of +7,655.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of electric brazing or soldering machines and apparatus to Greece, comprising 62% of total imports. The second position in the ranking was taken by Germany ($X), with a 26% share of total imports. It was followed by Vietnam, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.4% per year) and Vietnam (0.0% per year).

Import Prices by Country

In 2022, the average electric brazing machine import price amounted to $X per unit, picking up by 37% against the previous year. Overall, the import price, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2017 an increase of 112%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Cyprus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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