Greece: Hide Repairing Machinery Market 2025

Hide Repairing Machinery Market Size in Greece

In 2022, after two years of growth, there was decline in the Greek hide repairing machinery market, when its value decreased by -3.5% to $X. In general, consumption recorded a slight slump. Hide repairing machinery consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Hide Repairing Machinery Production in Greece

In value terms, hide repairing machinery production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a slight decline. The most prominent rate of growth was recorded in 2016 with an increase of 11% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Hide Repairing Machinery Exports

Exports from Greece

In 2022, the amount of machinery for making or repairing articles of hides, skins or leather exported from Greece amounted to X units, increasing by 3.2% against 2021 figures. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 388%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, hide repairing machinery exports soared to $X in 2022. Over the period under review, exports, however, showed a perceptible downturn. The growth pace was the most rapid in 2013 when exports increased by 264% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X units), Serbia (X units) and Spain (X units) were the main destinations of hide repairing machinery exports from Greece, together comprising 91% of total exports.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of +16.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Spain ($X) and Italy ($X) were the largest markets for hide repairing machinery exported from Greece worldwide, together accounting for 95% of total exports.

Spain, with a CAGR of +27.3%, saw the highest growth rate of the value of exports, in terms of 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 2022, the average hide repairing machinery export price amounted to $X per unit, rising by 72% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Portugal ($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 Bulgaria (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hide Repairing Machinery Imports

Imports into Greece

In 2022, approx. X units of machinery for making or repairing articles of hides, skins or leather were imported into Greece; which is down by -23.1% against the year before. Overall, imports, however, recorded temperate growth. The growth pace was the most rapid in 2018 with an increase of 1,840% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, hide repairing machinery imports declined sharply to $X in 2022. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2018 with an increase of 5,484% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Bulgaria (X units), China (X units) and the United States (X units) were the main suppliers of hide repairing machinery imports to Greece, with a combined 99.9% share of total imports. Moreover, hide repairing machinery imports in Bulgaria exceeded the figures recorded by the second-largest supplier, China, twofold.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +26.0%), while purchases for the other leaders experienced a decline.

In value terms, Bulgaria ($X), China ($X) and the United States ($X) appeared to be the largest hide repairing machinery suppliers to Greece, together comprising 82% of total imports.

Bulgaria, with a CAGR of +49.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average hide repairing machinery import price stood at $X per unit in 2022, dropping by -25.2% against the previous year. Over the period under review, the import price recorded a deep downturn. The growth pace was the most rapid in 2018 when the average import price increased by 190% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+1,001.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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