Greece: Milling Industry Machinery Market 2024

Milling Industry Machinery Market Size in Greece

The Greek milling industry machinery market reduced modestly to $X in 2022, declining by X% against the previous year. In general, consumption saw a slight descent. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. Milling industry machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Milling Industry Machinery Production in Greece

In value terms, milling industry machinery production stood at $X in 2022 estimated in export price. Overall, production saw a noticeable setback. The most prominent rate of growth was recorded in 2015 with an increase of X%. Milling industry machinery production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Milling Industry Machinery Exports

Exports from Greece

In 2022, approx. X units of milling industry machinery were exported from Greece; falling by X% compared with the year before. In general, exports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, milling industry machinery exports skyrocketed to $X in 2022. Overall, exports showed a perceptible slump. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Zimbabwe (X units) was the main destination for milling industry machinery exports from Greece, accounting for a X% share of total exports. Moreover, milling industry machinery exports to Zimbabwe exceeded the volume sent to the second major destination, the UK (X units), threefold. The third position in this ranking was taken by Spain (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Zimbabwe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Spain (X% per year).

In value terms, Zimbabwe ($X) emerged as the key foreign market for milling industry machinery exports from Greece, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Zimbabwe totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and the UK (X% per year).

Export Prices by Country

The average milling industry machinery export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 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 Turkey ($X per unit), while the average price for exports to Spain ($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 Cyprus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Milling Industry Machinery Imports

Imports into Greece

In 2022, overseas purchases of milling industry machinery decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, enjoyed a mild expansion. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, milling industry machinery imports shrank markedly to $X in 2022. In general, imports, however, enjoyed a slight expansion. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined notably in the following year.

Imports by Country

Turkey (X units), the United States (X units) and Iran (X units) were the main suppliers of milling industry machinery imports to Greece, together accounting for X% of total imports.

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

In value terms, Turkey ($X) constituted the largest supplier of milling industry machinery to Greece, comprising X% of total imports. The second position in the ranking was taken by Iran ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (X% per year) and China (X% per year).

Import Prices by Country

The average milling industry machinery import price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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