Greece: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2025

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in Greece

The Greek market for machine-tools for working stone, ceramics, and concrete rose sharply to $X in 2022, growing by 7% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in Greece

In value terms, machine tools for working stone production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by 83% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from Greece

Machine tools for working stone exports from Greece expanded significantly to X units in 2022, increasing by 6.9% against 2021. Over the period under review, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by 184% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, machine tools for working stone exports fell notably to $X in 2022. In general, exports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of 354%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

North Macedonia (X units) was the main destination for machine tools for working stone exports from Greece, with a 58% share of total exports. Moreover, machine tools for working stone exports to North Macedonia exceeded the volume sent to the second major destination, Albania (X units), fourfold. Bulgaria (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to North Macedonia amounted to +32.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (-1.2% per year) and Bulgaria (+21.6% per year).

In value terms, the largest markets for machine tools for working stone exported from Greece were Romania ($X), North Macedonia ($X) and Albania ($X), with a combined 70% share of total exports.

Among the main countries of destination, Romania, with a CAGR of +35.3%, 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

In 2022, the average export price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, shrinking by -34.5% against the previous year. Over the period under review, the export price saw a mild decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 390%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to North Macedonia ($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 Libya (+111.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into Greece

In 2022, machine tools for working stone imports into Greece declined to X units, with a decrease of -10.6% against the previous year's figure. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 661%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, machine tools for working stone imports soared to $X in 2022. In general, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 225% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of machine tools for working stone to Greece, with a 49% share of total imports. Moreover, machine tools for working stone imports from Italy exceeded the figures recorded by the second-largest supplier, France (X units), threefold. The third position in this ranking was held by Luxembourg (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +26.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+66.6% per year) and Luxembourg (0.0% per year).

In value terms, Italy ($X) constituted the largest supplier of machine-tools for working stone, ceramics, and concrete to Greece, comprising 78% of total imports. The second position in the ranking was taken by France ($X), with a 7.7% share of total imports. It was followed by Bulgaria, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled +29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+206.6% per year) and Bulgaria (+22.1% per year).

Import Prices by Country

The average import price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, surging by 37% against the previous year. Over the period under review, the import price enjoyed slight growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 166%. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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