Greece: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Greece

The Greek market for non-domestic percolators and equipment for cooking or heating food contracted slightly to $X in 2022, therefore, remained relatively stable against the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +13.1% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Greece

In value terms, production of non-domestic percolators and equipment for cooking or heating food expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by 31%. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Greece

In 2022, after two years of growth, there was significant decline in overseas shipments of non-domestic percolators and equipment for cooking or heating food, when their volume decreased by -18.8% to X units. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 131% against the previous year. Over the period under review, the exports of hit record highs at X units in 2021, and then fell dramatically in the following year.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food fell to $X in 2022. In general, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 90%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

China (X units), Cyprus (X units) and Israel (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Greece, together comprising 58% of total exports. France, the UK, Romania, Germany, Spain, Canada, Slovakia, the United Arab Emirates and Bulgaria lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +59.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Cyprus ($X) and France ($X) constituted the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Greece worldwide, with a combined 61% share of total exports. Israel, the UK, Germany, Romania, Canada, the United Arab Emirates, Bulgaria, Spain and Slovakia lagged somewhat behind, together comprising a further 25%.

Slovakia, with a CAGR of +55.5%, saw the highest growth rate of 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

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, picking up by 15% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for non-domestic percolators and equipment for cooking or heating food increased by +38.6% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 39%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Slovakia ($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 (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Greece

In 2022, after two years of growth, there was decline in overseas purchases of non-domestic percolators and equipment for cooking or heating food, when their volume decreased by -1.8% to X units. Overall, imports, however, showed a strong increase. The growth pace was the most rapid in 2015 with an increase of 55% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2021, and then declined modestly in the following year.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food reduced slightly to $X in 2022. In general, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.2% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 29% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest non-domestic percolators and equipment for cooking or heating food supplier to Greece, with a 62% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. The third position in this ranking was taken by China (X units), with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.9% per year) and China (+17.0% per year).

In value terms, Italy ($X) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Greece, comprising 62% of total imports. The second position in the ranking was held by Germany ($X), with a 7.4% share of total imports. It was followed by China, with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.0% per year) and China (+15.0% per year).

Import Prices by Country

The average import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, reducing by -1.6% against the previous year. Over the period under review, the import price continues to indicate a slight setback. The growth pace was the most rapid in 2014 an increase of 51% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per unit) and Germany ($X per unit), while the price for Bulgaria ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform