Greece: Lawn Mower Market 2024

Lawn Mower Market Size in Greece

The Greek lawn mower market fell dramatically to $X in 2022, which is down by -17.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a strong expansion. As a result, consumption attained the peak level of $X, and then contracted notably in the following year.

Lawn Mower Exports

Exports from Greece

In 2022, approx. X units of mowers for lawns, parks, golf courses or sports grounds were exported from Greece; picking up by 26% on the previous year. In general, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 782% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, lawn mower exports soared to $X in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 645%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Cyprus (X units), Italy (X units) and Albania (X units) were the main destinations of lawn mower exports from Greece, with a combined 60% share of total exports. Bulgaria, Romania, Croatia, Slovakia, Estonia, Serbia and the Czech Republic lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +72.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lawn mower exported from Greece were Italy ($X), Cyprus ($X) and Croatia ($X), together accounting for 72% of total exports.

Among the main countries of destination, Croatia, with a CAGR of +113.0%, 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

The average lawn mower export price stood at $X per unit in 2022, shrinking by -6.4% against the previous year. In general, the export price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2014 an increase of 99% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per unit), while the average price for exports to Romania ($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 Estonia (+78.6%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into Greece

Lawn mower imports into Greece fell to X units in 2022, with a decrease of -13.9% on the previous year's figure. In general, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 38%. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, lawn mower imports shrank sharply to $X in 2022. Overall, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. As a result, imports reached the peak of $X, and then fell dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of lawn mower to Greece, accounting for a 52% share of total imports. Moreover, lawn mower imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+11.8% per year) and Italy (+1.9% per year).

In value terms, China ($X) constituted the largest supplier of mowers for lawns, parks, golf courses or sports grounds to Greece, comprising 44% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by Austria, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.0% per year) and Austria (+9.9% per year).

Import Prices by Country

In 2022, the average lawn mower import price amounted to $X per unit, shrinking by -2.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 23% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform