Greece: Market for Laptops and Palm-Top Computers 2024

Market Size for Laptops and Palm-Top Computers in Greece

For the third consecutive year, the Greek laptop and tablet computer market recorded growth in sales value, which increased by 51% to $X in 2021. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Laptops and Palm-Top Computers in Greece

In value terms, laptop and tablet computer production soared to $X in 2021 estimated in export price. Overall, production, however, saw a deep reduction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 134% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Laptops and Palm-Top Computers

Exports from Greece

In 2021, approx. X units of laptops and palm-top computers were exported from Greece; waning by -31% against the previous year's figure. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2014 with an increase of 1,794% against the previous year. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, laptop and tablet computer exports reduced notably to $X in 2021. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 1,129%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X units), Spain (X units) and Turkey (X units) were the main destinations of laptop and tablet computer exports from Greece, with a combined 71% share of total exports. Portugal, Romania, the Netherlands, Bulgaria and Cyprus lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +253.5%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for laptops and palm-top computers exports from Greece, comprising 39% of total exports. The second position in the ranking was taken by Spain ($X), with a 19% share of total exports. It was followed by Turkey, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Italy stood at +171.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-4.0% per year) and Turkey (+157.5% per year).

Export Prices by Country

The average laptop and tablet computer export price stood at $X per unit in 2021, with an increase of 8.6% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 13%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to the Netherlands ($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 Spain (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laptops and Palm-Top Computers

Imports into Greece

For the third year in a row, Greece recorded decline in overseas purchases of laptops and palm-top computers, which decreased by -12.8% to X units in 2021. In general, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2014 with an increase of 218%. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, laptop and tablet computer imports expanded rapidly to $X in 2021. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 134% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest laptop and tablet computer supplier to Greece, accounting for a 59% share of total imports. Moreover, laptop and tablet computer imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+7.9% per year) and Germany (-3.9% per year).

In value terms, the largest laptop and tablet computer suppliers to Greece were China ($X), the Netherlands ($X) and Germany ($X), with a combined 89% share of total imports. These countries were followed by the Czech Republic and Romania, which together accounted for a further 3.2%.

Among the main suppliers, Romania, with a CAGR of +165.6%, saw the highest growth rate of 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 2021, the average laptop and tablet computer import price amounted to $X per unit, with an increase of 21% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, laptop and tablet computer import price increased by +107.2% against 2015 indices. The growth pace was the most rapid in 2017 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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