Greece: Market for Reel Fed Offset Printing Machinery 2025

Market Size for Reel Fed Offset Printing Machinery in Greece

The Greek market for reel fed offset printing machinery reduced notably to $X in 2022, with a decrease of -95.8% against the previous year. Over the period under review, consumption faced a abrupt curtailment. Reel fed offset printing machinery consumption peaked at $X in 2021, and then dropped remarkably in the following year.

Production of Reel Fed Offset Printing Machinery in Greece

In value terms, reel fed offset printing machinery production declined modestly to $X in 2022 estimated in export price. In general, production recorded a noticeable contraction. The growth pace was the most rapid in 2014 when the production volume increased by 5.1%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Reel Fed Offset Printing Machinery

Exports from Greece

Reel fed offset printing machinery exports from Greece dropped significantly to X units in 2022, reducing by -45.7% on the year before. Over the period under review, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 200% against the previous year. As a result, the exports attained the peak of X units, and then shrank notably in the following year.

In value terms, reel fed offset printing machinery exports declined significantly to $X in 2022. In general, exports showed a noticeable decline. The pace of growth appeared the most rapid in 2019 with an increase of 1,379%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

India (X units), South Africa (X units) and Marshall Islands (X units) were the main destinations of reel fed offset printing machinery exports from Greece, with a combined 45% share of total exports. Moreover, reel fed offset printing machinery exports in India exceeded the figures recorded by the second-largest exporter, South Africa, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Marshall Islands (with a CAGR of +38.0%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the key foreign market for reel fed offset printing machinery exports from Greece, comprising 66% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 14% share of total exports. It was followed by South Africa, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value to India amounted to +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (-19.9% per year) and South Africa (+93.2% per year).

Export Prices by Country

In 2022, the average export price for reel fed offset printing machinery amounted to $X per unit, with an increase of 53% against the previous year. Overall, the export price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 1,102%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to China ($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 Malta (+78.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Offset Printing Machinery

Imports into Greece

In 2022, approx. X units of reel fed offset printing machinery were imported into Greece; with a decrease of -97.5% on the previous year's figure. Over the period under review, imports saw a deep slump. The pace of growth appeared the most rapid in 2019 when imports increased by 5,683%. Over the period under review, imports hit record highs at X units in 2021, and then shrank notably in the following year.

In value terms, reel fed offset printing machinery imports declined notably to $X in 2022. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 when imports increased by 11,078%. Imports peaked at $X in 2021, and then fell significantly in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest reel fed offset printing machinery supplier to Greece, accounting for a 50% share of total imports. Moreover, reel fed offset printing machinery imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), twofold. Ukraine (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+30.8% per year) and Ukraine (0.0% per year).

In value terms, Italy ($X), Ukraine ($X) and Germany ($X) were the largest reel fed offset printing machinery suppliers to Greece, together accounting for 77% of total imports.

Italy, with a CAGR of +72.4%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2022, the average import price for reel fed offset printing machinery amounted to $X per unit, picking up by 44% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2016 an increase of 3,137%. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 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 ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+72.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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