Greece: Footwear Making Machinery Market 2024

Footwear Making Machinery Market Size in Greece

The Greek footwear making machinery market reduced sharply to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, continues to indicate buoyant growth. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped notably in the following year.

Footwear Making Machinery Production in Greece

In value terms, footwear making machinery production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Footwear Making Machinery Exports

Exports from Greece

In 2022, overseas shipments of machinery for making or repairing footwear increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep setback. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, footwear making machinery exports soared to $X in 2022. Over the period under review, exports, however, showed a slight decrease. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units), Mexico (X units) and Turkey (X units) were the main destinations of footwear making machinery exports from Greece, with a combined X% share of total exports. Portugal, India, Bangladesh, Brazil, Indonesia, France, Germany, the Czech Republic, Denmark and Pakistan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Portugal ($X) and Italy ($X) appeared to be the largest markets for footwear making machinery exported from Greece worldwide, with a combined X% share of total exports. Bangladesh, India, Turkey, Indonesia, Brazil, Denmark, the Czech Republic, Germany, France and Pakistan lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to 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 footwear making machinery export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable expansion. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked at $X per unit in 2019; however, from 2020 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 Denmark ($X per unit), while the average price for exports to Turkey ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Footwear Making Machinery Imports

Imports into Greece

In 2022, the amount of machinery for making or repairing footwear imported into Greece surged to X units, growing by X% against 2021 figures. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, footwear making machinery imports skyrocketed to $X in 2022. Overall, imports saw a notable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), Serbia (X units) and China (X units) were the main suppliers of footwear making machinery imports to Greece, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of machinery for making or repairing footwear to Greece, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average footwear making machinery import price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price saw a sharp contraction. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 the Czech Republic ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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