Greece: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Greece

The Greek non-numerically controlled sharpening machine market skyrocketed to $X in 2022, jumping by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a perceptible decrease. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Greece

In 2022, shipments abroad of non-numerically controlled sharpening machines for working metal increased by 2,486% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled sharpening machine exports dropped notably to $X in 2022. Over the period under review, exports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2015 when exports increased by 6,051%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for non-numerically controlled sharpening machine exports from Greece, accounting for a 72% share of total exports. Moreover, non-numerically controlled sharpening machine exports to Spain exceeded the volume sent to the second major destination, Hungary (X units), fourfold. The third position in this ranking was taken by Poland (X units), with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (0.0% per year) and Poland (+175.4% per year).

In value terms, the largest markets for non-numerically controlled sharpening machine exported from Greece were Cyprus ($X), Hungary ($X) and Poland ($X), with a combined 93% share of total exports.

Cyprus, with a CAGR of +0.8%, saw the highest rates of growth with regard to the value of exports, in terms of 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 non-numerically controlled sharpening machine export price stood at $X per unit in 2022, shrinking by -99.1% against the previous year. Overall, the export price recorded a precipitous decrease. The most prominent rate of growth was recorded in 2015 an increase of 47,061%. As a result, the export price reached the peak level of $X per unit. From 2016 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 Cyprus ($X per unit), while the average price for exports to Spain ($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 Germany (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Greece

In 2022, the amount of non-numerically controlled sharpening machines for working metal imported into Greece soared to X units, jumping by 47% compared with 2021 figures. In general, imports, however, saw a mild slump. The most prominent rate of growth was recorded in 2018 when imports increased by 287% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-numerically controlled sharpening machine imports expanded notably to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 139%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Austria (X units), China (X units) and Germany (X units) were the main suppliers of non-numerically controlled sharpening machine imports to Greece, together comprising 95% of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +2.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest non-numerically controlled sharpening machine suppliers to Greece were Austria ($X), China ($X) and Germany ($X), with a combined 85% share of total imports.

Austria, with a CAGR of +4.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average non-numerically controlled sharpening machine import price amounted to $X per unit, falling by -26.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 91%. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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