Greece: Mounted Piezo-Electric Crystals Market 2025

Mounted Piezo-Electric Crystals Market Size in Greece

In 2021, the Greek mounted piezo-electric crystals market increased by 73% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, faced a dramatic curtailment. Mounted piezo-electric crystals consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Mounted Piezo-Electric Crystals Production in Greece

In value terms, mounted piezo-electric crystals production fell to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 30%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Mounted Piezo-Electric Crystals Exports

Exports from Greece

In 2021, overseas shipments of mounted piezo-electric crystals decreased by -10.5% to X units, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2018 when exports increased by 73%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, mounted piezo-electric crystals exports reduced markedly to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 182%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for mounted piezo-electric crystals exports from Greece, accounting for a 48% share of total exports. Moreover, mounted piezo-electric crystals exports to the United States exceeded the volume sent to the second major destination, Hong Kong SAR (X units), twofold. France (X units) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled -4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+40.9% per year) and France (-16.1% per year).

In value terms, Hong Kong SAR ($X), the United States ($X) and China ($X) were the largest markets for mounted piezo-electric crystals exported from Greece worldwide, with a combined 76% share of total exports.

Among the main countries of destination, Hong Kong SAR, with a CAGR of +43.5%, 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

In 2021, the average mounted piezo-electric crystals export price amounted to $X per unit, shrinking by -5.6% against the previous year. Over the period under review, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 63% against the previous year. The export price peaked at $X per unit in 2020, and then fell in the following year.

Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Piezo-Electric Crystals Imports

Imports into Greece

In 2021, after three years of decline, there was significant growth in purchases abroad of mounted piezo-electric crystals, when their volume increased by 116% to X units. In general, imports, however, faced a dramatic shrinkage. The growth pace was the most rapid in 2017 with an increase of 1,195% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, mounted piezo-electric crystals imports fell remarkably to $X in 2021. Over the period under review, imports, however, faced a precipitous contraction. The growth pace was the most rapid in 2017 with an increase of 171% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), the Netherlands (X units) and France (X units) were the main suppliers of mounted piezo-electric crystals imports to Greece, with a combined 66% share of total imports. Germany, the United States, South Korea and Poland lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the biggest increases were in South Korea (with a CAGR of +71.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of mounted piezo-electric crystals to Greece, comprising 34% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +31.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.8% per year) and the Netherlands (+42.7% per year).

Import Prices by Country

The average mounted piezo-electric crystals import price stood at $X per thousand units in 2021, declining by -67.7% against the previous year. Over the period under review, the import price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 1,126%. Over the period under review, average import prices hit record highs at $X per thousand units in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per thousand units), while the price for Poland ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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