Greece: Household Dishwashing Machine Market 2024

Household Dishwashing Machine Market Size in Greece

The Greek household dishwashing machine market shrank to $X in 2022, dropping by -14.2% against the previous year. In general, consumption, however, continues to indicate a deep contraction. Household dishwashing machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Household Dishwashing Machine Production in Greece

In value terms, household dishwashing machine production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a deep setback. The most prominent rate of growth was recorded in 2016 when the production volume increased by 12%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Household Dishwashing Machine Exports

Exports from Greece

In 2022, the amount of household dishwashing machines exported from Greece soared to X units, rising by 52% compared with 2021. Over the period under review, exports enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, household dishwashing machine exports soared to $X in 2022. In general, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2021 with an increase of 51%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Cyprus (X units) was the main destination for household dishwashing machine exports from Greece, accounting for a 73% share of total exports. Moreover, household dishwashing machine exports to Cyprus exceeded the volume sent to the second major destination, Israel (X units), fourfold. Bulgaria (X units) ranked third in terms of total exports with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume to Cyprus amounted to +14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+49.1% per year) and Bulgaria (+1.5% per year).

In value terms, Cyprus ($X) remains the key foreign market for household dishwashing machines exports from Greece, comprising 83% of total exports. The second position in the ranking was taken by Israel ($X), with a 13% share of total exports. It was followed by Bulgaria, with a 0.8% share.

From 2012 to 2022, the average annual growth rate of value to Cyprus amounted to +11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+76.6% per year) and Bulgaria (-10.0% per year).

Export Prices by Country

In 2022, the average household dishwashing machine export price amounted to $X per unit, waning by -18.9% against the previous year. Overall, the export price saw a perceptible reduction. The pace of growth was the most pronounced in 2020 an increase of 21% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Bulgaria ($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 Israel (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Household Dishwashing Machine Imports

Imports into Greece

Household dishwashing machine imports into Greece reached X units in 2022, surging by 7.1% compared with 2021. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, household dishwashing machine imports contracted to $X in 2022. In general, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

China (X units), Poland (X units) and Turkey (X units) were the main suppliers of household dishwashing machine imports to Greece, together comprising 81% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +17.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of household dishwashing machines to Greece, comprising 35% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by Germany, with a 17% share.

From 2012 to 2022, the average annual growth rate of value from Poland amounted to +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.8% per year) and Germany (-6.8% per year).

Import Prices by Country

In 2022, the average household dishwashing machine import price amounted to $X per unit, dropping by -18.8% against the previous year. Over the period under review, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 9.8% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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