Greece: Snow Motor Vehicle Market 2025

Snow Motor Vehicle Market Size in Greece

In 2022, the Greek snow motor vehicle market increased by 96% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed a perceptible increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Snow Motor Vehicle Exports

Exports from Greece

In 2022, approx. X units of motor vehicles for travelling on snow or golf cars were exported from Greece; picking up by 276% against 2021 figures. In general, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, snow motor vehicle exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 366%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units), Germany (X units) and the Czech Republic (X units) were the main destinations of snow motor vehicle exports from Greece, together accounting for 70% of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +21.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Czech Republic ($X) and Germany ($X) were the largest markets for snow motor vehicle exported from Greece worldwide, together comprising 73% of total exports. Cyprus, Latvia, the Netherlands, Bulgaria and Lithuania lagged somewhat behind, together accounting for a further 16%.

The Netherlands, with a CAGR of +3.1%, recorded the highest rates of growth with regard to the value of exports, among 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 snow motor vehicle export price amounted to $X per unit, increasing by 22% against the previous year. In general, the export price, however, faced a abrupt decline. The pace of growth was the most pronounced in 2018 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per unit), while the average price for exports to Lithuania ($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 Romania (-0.7%), while the prices for the other major destinations experienced a decline.

Snow Motor Vehicle Imports

Imports into Greece

In 2022, overseas purchases of motor vehicles for travelling on snow or golf cars increased by 99% to X units, rising for the second year in a row after two years of decline. Overall, imports saw slight growth. The pace of growth was the most pronounced in 2018 when imports increased by 373% 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 somewhat lower figure.

In value terms, snow motor vehicle imports surged to $X in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2018 when imports increased by 147% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Bulgaria (X units) constituted the largest supplier of snow motor vehicle to Greece, with a 56% share of total imports. Moreover, snow motor vehicle imports from Bulgaria exceeded the figures recorded by the second-largest supplier, the United States (X units), sixfold. Germany (X units) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bulgaria amounted to +134.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+14.4% per year) and Germany (+27.2% per year).

In value terms, Germany ($X), the United States ($X) and Bulgaria ($X) constituted the largest snow motor vehicle suppliers to Greece, with a combined 58% share of total imports. The Czech Republic, France, Italy, China, Belgium and Ireland lagged somewhat behind, together comprising a further 33%.

The Czech Republic, with a CAGR of +326.0%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average snow motor vehicle import price amounted to $X per unit, shrinking by -2.3% against the previous year. In general, the import price, however, posted a significant expansion. The growth pace was the most rapid in 2013 an increase of 370% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 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 Germany ($X per unit), while the price for Ireland ($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 (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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