Greece: Market for Motor Vehicle Chassis Fitted With Engines 2025

Market Size for Motor Vehicle Chassis Fitted With Engines in Greece

The Greek market for motor vehicle chassis fitted with engines dropped sharply to less than $X in 2022, declining by 99.9% against the previous year. In general, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Greece

In value terms, production of motor vehicle chassis fitted with engines expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by 63% against the previous year. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Greece

Exports of motor vehicle chassis fitted with engines from Greece soared to X units in 2021, jumping by 770% on 2020. Over the period under review, exports, however, saw a abrupt curtailment. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of motor vehicle chassis fitted with engines soared to $X in 2021. Overall, exports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 when exports increased by 235% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for exports of motor vehicle chassis fitted with engines from Greece, with a 83% share of total exports. Moreover, exports of motor vehicle chassis fitted with engines to Germany exceeded the volume sent to the second major destination, the Netherlands (X units), eightfold. The third position in this ranking was held by Bulgaria (X units), with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +60.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-23.8% per year) and Bulgaria (+21.9% per year).

In value terms, Germany ($X), the Netherlands ($X) and Cyprus ($X) constituted the largest markets for motor vehicle chassis fitted with engines exported from Greece worldwide, with a combined 96% share of total exports.

Germany, with a CAGR of +63.2%, recorded 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 a decline.

Export Prices by Country

The average export price for motor vehicle chassis fitted with engines stood at $X per unit in 2021, falling by -70.8% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 458% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, 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 Cyprus ($X per unit), while the average price for exports to Germany ($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 the Netherlands (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Greece

In 2022, supplies from abroad of motor vehicle chassis fitted with engines increased by 313% to X units, rising for the fourth consecutive year after four years of decline. In general, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of motor vehicle chassis fitted with engines skyrocketed to $X in 2022. Overall, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 930% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the United States (X units) constituted the largest motor vehicle chassis fitted with engines supplier to Greece, accounting for a 68% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from the United States exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+23.9% per year) and the Netherlands (-7.9% per year).

In value terms, the United States ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to Greece, comprising 75% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a 17% share of total imports. It was followed by the Netherlands, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+63.6% per year) and the Netherlands (+11.3% per year).

Import Prices by Country

In 2022, the average import price for motor vehicle chassis fitted with engines amounted to $X per unit, declining by -33.7% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 567% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :