Greece: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2025

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Greece

The Greek market for fully or partly automatic electric machines for arc welding of metals surged to $X in 2022, growing by 41% against the previous year. In general, consumption saw buoyant growth. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in Greece

In value terms, production of fully or partly automatic electric machines for arc welding of metals fell to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 8.9% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a lower figure.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports from Greece

Exports of fully or partly automatic electric machines for arc welding of metals from Greece contracted sharply to X units in 2022, with a decrease of -49.5% on 2021 figures. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 10,573%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals shrank significantly to $X in 2022. In general, exports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 2,889% against the previous year. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X units), Cyprus (X units) and Germany (X units) were the main destinations of exports of fully or partly automatic electric machines for arc welding of metals from Greece, together accounting for 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +99.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for fully or partly automatic arc welding machine exported from Greece were Cyprus ($X), Italy ($X) and Germany ($X), with a combined 9.3% share of total exports.

Cyprus, with a CAGR of +27.6%, 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 a decline.

Export Prices by Country

In 2022, the average export price for fully or partly automatic electric machines for arc welding of metals amounted to $X per unit, shrinking by -24.9% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2017 when the average export price increased by 1,936%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Italy ($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 Turkey (+162.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports into Greece

In 2022, approx. X units of fully or partly automatic electric machines for arc welding of metals were imported into Greece; jumping by 50% compared with 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 310% against the previous year. Over the period under review, imports of attained the maximum at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals fell dramatically to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 527% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and Switzerland (X units) were the main suppliers of imports of fully or partly automatic electric machines for arc welding of metals to Greece, with a combined 59% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +313.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X) constituted the largest supplier of fully or partly automatic electric machines for arc welding of metals to Greece, comprising 31% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Finland totaled +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+14.8% per year) and Germany (-11.7% per year).

Import Prices by Country

The average import price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, reducing by -47.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 283%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

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 Finland ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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