Greece: Ironing Machine Market 2022

Ironing Machine Market Size in Greece

The Greek ironing machine market surged to $X in 2021, picking up by X% 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). Over the period under review, consumption continues to indicate a significant increase. Ironing machine consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Ironing Machine Exports

Exports from Greece

In 2021, shipments abroad of ironing machines and presses was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports posted a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ironing machine exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Cyprus (X units), Australia (X units) and Bulgaria (X units) were the main destinations of ironing machine exports from Greece, together comprising X% of total exports. These countries were followed by Croatia, the Netherlands, Serbia, Germany, Romania and Sweden, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X), Germany ($X) and Romania ($X) appeared to be the largest markets for ironing machine exported from Greece worldwide, with a combined X% share of total exports. Serbia, the Netherlands, Australia, Sweden, Bulgaria and Croatia lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw 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 2021, the average ironing machine export price amounted to $X per unit, declining by -X% against the previous year. Overall, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+X%), while the prices for the other major destinations experienced a decline.

Ironing Machine Imports

Imports into Greece

In 2021, purchases abroad of ironing machines and presses increased by X% to X units, rising for the fourth consecutive year after two years of decline. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, ironing machine imports expanded remarkably to $X in 2021. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of ironing machine to Greece, with a X% share of total imports. Moreover, ironing machine imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), twofold. The third position in this ranking was held by the United Arab Emirates (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and the United Arab Emirates (X% per year).

In value terms, Italy ($X) constituted the largest supplier of ironing machine to Greece, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+X% per year) and China (-X% per year).

Import Prices by Country

In 2021, the average ironing machine import price amounted to $X per unit, declining by -X% against the previous year. In general, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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