Greece: Remote Control Apparatus Market 2025

Remote Control Apparatus Market Size in Greece

In 2021, the Greek remote control apparatus market increased by 0.7% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Remote Control Apparatus Production in Greece

In value terms, remote control apparatus production declined slightly to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 1,062%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Remote Control Apparatus Exports

Exports from Greece

In 2021, overseas shipments of radio remote control apparatus were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of 808% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, remote control apparatus exports soared to $X in 2021. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 743%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Bulgaria (X tons), Belgium (X tons) and Switzerland (X tons) were the main destinations of remote control apparatus exports from Greece, together accounting for 69% of total exports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +181.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for remote control apparatus exported from Greece were Belgium ($X), Switzerland ($X) and Bulgaria ($X), with a combined 73% share of total exports.

Belgium, with a CAGR of +159.7%, recorded 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

In 2021, the average remote control apparatus export price amounted to $X per ton, reducing by -2.6% against the previous year. In general, the export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+3.6%), while the prices for the other major destinations experienced a decline.

Remote Control Apparatus Imports

Imports into Greece

In 2021, imports of radio remote control apparatus into Greece rose markedly to X tons, growing by 14% on the previous year. In general, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 104%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, remote control apparatus imports skyrocketed to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of remote control apparatus to Greece, with a 56% share of total imports. Moreover, remote control apparatus imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by France (X tons), with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +45.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.9% per year) and France (-13.1% per year).

In value terms, China ($X), France ($X) and Italy ($X) were the largest remote control apparatus suppliers to Greece, together comprising 75% of total imports.

China, with a CAGR of +39.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average remote control apparatus import price amounted to $X per ton, with an increase of 21% against the previous year. In general, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 27%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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