Greece: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2025

Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in Greece

In 2021, after four years of growth, there was significant decline in the Greek market for electric burglar or fire alarms and similar apparatus, when its value decreased by -69.2% to $X. Overall, consumption recorded a abrupt shrinkage. Electric burglar or fire alarm consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Electric Burglar Or Fire Alarms And Similar Apparatus in Greece

In value terms, electric burglar or fire alarm production surged to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 21%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Electric Burglar Or Fire Alarms And Similar Apparatus

Exports from Greece

In 2021, overseas shipments of electric burglar or fire alarms and similar apparatus increased by 112% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, showed a abrupt decline. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, electric burglar or fire alarm exports surged to $X in 2021. Over the period under review, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 172%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X units), India (X units) and the United Arab Emirates (X units) were the main destinations of electric burglar or fire alarm exports from Greece, together comprising 68% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +48,377.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric burglar or fire alarm exported from Greece were Cyprus ($X), India ($X) and the United Arab Emirates ($X), with a combined 54% share of total exports.

Among the main countries of destination, India, with a CAGR of +39,993.3%, recorded 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

In 2021, the average export price for electric burglar or fire alarms and similar apparatus amounted to $X per unit, with a decrease of -27.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 58% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per unit), while the average price for exports to the Netherlands ($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 the United Arab Emirates (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Burglar Or Fire Alarms And Similar Apparatus

Imports into Greece

In 2021, approx. X units of electric burglar or fire alarms and similar apparatus were imported into Greece; with an increase of 8.8% on 2020 figures. Overall, total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -26.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 35%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electric burglar or fire alarm imports soared to $X in 2021. Over the period under review, total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.9% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 25%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Lithuania (X units), China (X units) and Bulgaria (X units) were the main suppliers of electric burglar or fire alarm imports to Greece, together comprising 42% of total imports. These countries were followed by the Czech Republic, the Netherlands, the UK, Taiwan (Chinese), Poland, Italy, France, Ukraine, Spain and Romania, which together accounted for a further 47%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +166.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the UK ($X) and the Netherlands ($X) appeared to be the largest electric burglar or fire alarm suppliers to Greece, with a combined 40% share of total imports. These countries were followed by Italy, Lithuania, Spain, Bulgaria, Poland, Ukraine, France, Taiwan (Chinese), the Czech Republic and Romania, which together accounted for a further 41%.

Among the main suppliers, Ukraine, with a CAGR of +175.0%, recorded the highest growth rate of 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

In 2021, the average import price for electric burglar or fire alarms and similar apparatus amounted to $X per unit, picking up by 6.6% against the previous year. In general, the import price, however, recorded a slight descent. The growth pace was the most rapid in 2020 an increase of 58% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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