Report Update Nov 1, 2024

Greece - Metal Cutting Shears and Similar Hand Tools - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Metal Cutting Shear Market 2024

Metal Cutting Shear Market Size in Greece

In 2022, the Greek metal cutting shear market increased by 39% to $X, rising for the second consecutive year after two years of decline. Overall, consumption posted buoyant growth. Metal cutting shear consumption peaked in 2022 and is likely to continue growth in the immediate term.

Metal Cutting Shear Exports

Exports from Greece

Metal cutting shear exports from Greece fell significantly to X tons in 2022, waning by -35.3% on 2021 figures. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 14,619%. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell notably in the following year.

In value terms, metal cutting shear exports contracted sharply to $X in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2015 when exports increased by 7,988% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Cyprus (X tons) was the main destination for metal cutting shear exports from Greece, accounting for a 47% share of total exports. Moreover, metal cutting shear exports to Cyprus exceeded the volume sent to the second major destination, Italy (X kg), twofold. Romania (X kg) ranked third in terms of total exports with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to Cyprus amounted to +81.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+103.9% per year) and Romania (+59.5% per year).

In value terms, the largest markets for metal cutting shear exported from Greece were Italy ($X), Cyprus ($X) and Romania ($X), together comprising 70% of total exports.

Among the main countries of destination, Italy, with a CAGR of +122.5%, saw 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

The average metal cutting shear export price stood at $X per ton in 2022, rising by 8.4% against the previous year. Overall, the export price, however, continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 68% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports into Greece

In 2022, purchases abroad of metal cutting shears and similar hand tools increased by 17% to X tons, rising for the second consecutive year after two years of decline. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 55% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, metal cutting shear imports soared to $X in 2022. Over the period under review, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2018 when imports increased by 97% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Austria (X tons) and Belgium (X tons) were the main suppliers of metal cutting shear imports to Greece, with a combined 57% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +68.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal cutting shear suppliers to Greece were Germany ($X), Belgium ($X) and Japan ($X), together comprising 59% of total imports. Italy, Austria, China, Taiwan (Chinese), Bulgaria and Spain lagged somewhat behind, together comprising a further 35%.

Austria, with a CAGR of +53.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal cutting shear import price amounted to $X per ton, with an increase of 15% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2018 an increase of 32% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for metal cutting shears and similar hand tools in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 39% of global consumption. Japan, Taiwan Chinese), Germany, Russia, Pakistan, the UK, Mexico, South Korea, Italy and Spain lagged somewhat behind, together comprising a further 32%.

What are the largest producers of metal cutting shears and similar hand tools in the world?

China remains the largest metal cutting shear producing country worldwide, comprising approx. 47% of total volume. Moreover, metal cutting shear production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Taiwan Chinese) ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of metal cutting shears and similar hand tools to Greece?

In value terms, the largest metal cutting shear suppliers to Greece were Germany, Belgium and Italy, together comprising 57% of total imports. These countries were followed by Japan, Taiwan Chinese), Austria, Bulgaria, China and Spain, which together accounted for a further 35%.

What are the leading importers of metal cutting shears and similar hand tools from Greece?

In value terms, the largest markets for metal cutting shear exported from Greece were Cyprus, Italy and Ireland, together accounting for 66% of total exports. Belgium, Romania, Croatia and Slovakia lagged somewhat behind, together accounting for a further 30%.

What is the average export price for metal cutting shears and similar hand tools in Greece?

In 2021, the average metal cutting shear export price amounted to $6,890 per ton, falling by -33% against the previous year.

What is the average import price for metal cutting shears and similar hand tools in Greece?

In 2021, the average metal cutting shear import price amounted to $10,232 per ton, increasing by 13% against the previous year.

This report provides an in-depth analysis of the metal cutting shear market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25733023 - Metal cutting shears and similar hand tools

Country coverage:

Greece

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023