Greece: Non-Electric Pulley Tackle Market 2025

Non-Electric Pulley Tackle Market Size in Greece

In 2022, the Greek non-electric pulley tackle market increased by 11% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, consumption enjoyed a prominent increase. Non-electric pulley tackle consumption peaked in 2022 and is likely to see gradual growth in the near future.

Non-Electric Pulley Tackle Exports

Exports from Greece

In 2022, shipments abroad of pulley tackle and hoists, non-powered by electric motor decreased by -75.3% to X units, falling for the second consecutive year after seven years of growth. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 200% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, non-electric pulley tackle exports declined remarkably to $X in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 833%. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Cyprus (X units) was the main destination for non-electric pulley tackle exports from Greece, with a 48% share of total exports. Moreover, non-electric pulley tackle exports to Cyprus exceeded the volume sent to the second major destination, Italy (X units), threefold. The third position in this ranking was held by Romania (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Cyprus amounted to +31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+42.4% per year) and Romania (+31.0% per year).

In value terms, Cyprus ($X) emerged as the key foreign market for pulley tackle and hoists, non-powered by electric motor exports from Greece, comprising 56% of total exports. The second position in the ranking was held by Italy ($X), with a 5.9% share of total exports. It was followed by Romania, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cyprus amounted to +33.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+29.8% per year) and Romania (+21.8% per year).

Export Prices by Country

The average non-electric pulley tackle export price stood at $X per unit in 2022, with a decrease of -45.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 1,550% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Croatia ($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 Iraq (+58.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Pulley Tackle Imports

Imports into Greece

For the sixth consecutive year, Greece recorded growth in supplies from abroad of pulley tackle and hoists, non-powered by electric motor, which increased by 0.8% to X units in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 98% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, non-electric pulley tackle imports expanded to $X in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 395%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X units) constituted the largest non-electric pulley tackle supplier to Greece, accounting for a 46% share of total imports. Moreover, non-electric pulley tackle imports from Sweden exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. The third position in this ranking was taken by China (X units), with a 20% share.

From 2012 to 2022, the average annual growth rate of volume from Sweden amounted to +190.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+2.9% per year) and China (+12.0% per year).

In value terms, Sweden ($X) constituted the largest supplier of pulley tackle and hoists, non-powered by electric motor to Greece, comprising 73% of total imports. The second position in the ranking was held by Germany ($X), with a 7.3% share of total imports. It was followed by China, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from Sweden amounted to +193.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.9% per year) and China (+19.5% per year).

Import Prices by Country

In 2022, the average non-electric pulley tackle import price amounted to $X per unit, surging by 1.7% against the previous year. Over the period under review, the import price recorded a prominent expansion. The growth pace was the most rapid in 2020 an increase of 150%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained 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 Italy ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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