Greece: Hand Sieve Market 2024

Hand Sieve Market Size in Greece

The Greek hand sieve market dropped significantly to $X in 2022, falling by -29% 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, posted buoyant growth. Over the period under review, the market hit record highs at $X in 2021, and then dropped notably in the following year.

Hand Sieve Exports

Exports from Greece

In 2022, after two years of decline, there was significant growth in overseas shipments of hand sieves and hand riddles, when their volume increased by 104% to X units. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 11,967%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, hand sieve exports skyrocketed to $X in 2022. Overall, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 2,804%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Estonia (X units), Latvia (X units) and Bulgaria (X units) were the main destinations of hand sieve exports from Greece, with a combined 53% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +123.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand sieve exported from Greece were the UK ($X), Estonia ($X) and Latvia ($X), with a combined 46% share of total exports. Bulgaria, Poland, Albania, Cyprus, Georgia, Ukraine and Hungary lagged somewhat behind, together comprising a further 42%.

Bulgaria, with a CAGR of +169.5%, recorded the highest growth rate of the value of exports, among 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

In 2022, the average hand sieve export price amounted to $X per unit, jumping by 43% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 214%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Georgia ($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 Hungary (+92.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Sieve Imports

Imports into Greece

In 2022, approx. X units of hand sieves and hand riddles were imported into Greece; falling by -23.7% against the year before. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by 201% against the previous year. Imports peaked at X units in 2021, and then contracted dramatically in the following year.

In value terms, hand sieve imports shrank dramatically to $X in 2022. In general, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 156% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced sharply in the following year.

Imports by Country

In 2022, China (X units) constituted the largest hand sieve supplier to Greece, accounting for a 64% share of total imports. Moreover, hand sieve imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. The third position in this ranking was held by the Netherlands (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+26.2% per year) and the Netherlands (+99.5% per year).

In value terms, China ($X), Italy ($X) and the Netherlands ($X) appeared to be the largest hand sieve suppliers to Greece, together accounting for 62% of total imports. The UK, Spain, Germany and Austria lagged somewhat behind, together comprising a further 30%.

In terms of the main suppliers, the UK, with a CAGR of +64.2%, recorded the highest rates of growth with regard to 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 2022, the average hand sieve import price amounted to $X per unit, shrinking by -15.7% against the previous year. Over the period under review, the import price, however, continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 258% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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