Greece: Milking Machine Market 2025

Milking Machine Market Size in Greece

The Greek milking machine market skyrocketed to $X in 2022, growing by 129% against the previous year. Over the period under review, consumption, however, continues to indicate a deep reduction. Milking machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Milking Machine Production in Greece

In value terms, milking machine production fell dramatically to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 908% against the previous year. Over the period under review, production hit record highs at $X in 2021, and then dropped remarkably in the following year.

Milking Machine Exports

Exports from Greece

In 2022, approx. X units of milking machines were exported from Greece; dropping by -2.4% compared with 2021. Overall, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 344% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, milking machine exports shrank to $X in 2022. In general, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2013 when exports increased by 292%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), Albania (X units) and Poland (X units) were the main destinations of milking machine exports from Greece, together comprising 61% of total exports. Finland, Bulgaria, Cyprus and Germany lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +51.3%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), France ($X) and Bulgaria ($X) appeared to be the largest markets for milking machine exported from Greece worldwide, together accounting for 65% of total exports. These countries were followed by Albania, Finland, Cyprus and Germany, which together accounted for a further 33%.

In terms of the main countries of destination, Finland, with a CAGR of +346.3%, 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 milking machine export price stood at $X per unit in 2022, with a decrease of -4.7% against the previous year. In general, the export price saw a mild curtailment. The pace of growth was the most pronounced in 2019 an increase of 48% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

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 Poland ($X per unit), while the average price for exports to France ($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 the United Arab Emirates (+36.3%), while the prices for the other major destinations experienced more modest paces of growth.

Milking Machine Imports

Imports into Greece

In 2022, overseas purchases of milking machines decreased by -48.4% to X units, falling for the fourth year in a row after three years of growth. In general, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 138%. 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, milking machine imports dropped remarkably to $X in 2022. Overall, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2018 when imports increased by 104% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X units) constituted the largest milking machine supplier to Greece, with a 64% share of total imports. Moreover, milking machine imports from Turkey exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+53.2% per year) and the Netherlands (+11.8% per year).

In value terms, the Netherlands ($X), Turkey ($X) and Bulgaria ($X) constituted the largest milking machine suppliers to Greece, together comprising 99% of total imports.

Among the main suppliers, Bulgaria, with a CAGR of +72.3%, recorded the highest rates of growth with regard to 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 2022, the average milking machine import price amounted to $X per unit, jumping by 37% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milking machine import price increased by +154.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 85%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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