Greece: Inductor Market 2025

Inductor Market Size in Greece

The Greek inductor market dropped to $X in 2022, reducing by -9.9% against the previous year. Over the period under review, consumption, however, posted a buoyant increase. Over the period under review, the market attained the peak level at $X in 2021, and then fell in the following year.

Inductor Production in Greece

In value terms, inductor production stood at $X in 2022 estimated in export price. In general, production, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 216%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Inductor Exports

Exports from Greece

In 2022, shipments abroad of inductors increased by 15% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of 218% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, inductor exports rose rapidly to $X in 2022. Overall, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 153% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units), Romania (X units) and Bulgaria (X units) were the main destinations of inductor exports from Greece, together accounting for 79% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +22.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for inductor exported from Greece were the United States ($X), Italy ($X) and Romania ($X), with a combined 54% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +23.0%, 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 inductor export price stood at $X per thousand units in 2022, declining by -4.3% against the previous year. In general, the export price, however, showed resilient growth. The growth pace was the most rapid in 2013 when the average export price increased by 140%. Over the period under review, the average export prices reached the maximum at $X per thousand units in 2020; however, from 2021 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 the United States ($X per thousand units), while the average price for exports to Italy ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+43.0%), while the prices for the other major destinations experienced more modest paces of growth.

Inductor Imports

Imports into Greece

In 2022, the amount of inductors imported into Greece fell dramatically to X units, waning by -59.7% on the year before. Overall, imports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 356% against the previous year. As a result, imports reached the peak of X units, and then dropped remarkably in the following year.

In value terms, inductor imports contracted remarkably to $X in 2022. Over the period under review, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 229% against the previous year. As a result, imports attained the peak of $X, and then contracted significantly in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest inductor supplier to Greece, with a 54% share of total imports. Moreover, inductor imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Bulgaria (X units) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.0% per year) and Bulgaria (-20.1% per year).

In value terms, Germany ($X) constituted the largest supplier of inductors to Greece, comprising 48% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Italy, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.9% per year) and Italy (+4.8% per year).

Import Prices by Country

The average inductor import price stood at $X per unit in 2022, increasing by 63% against the previous year. In general, the import price recorded buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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