Greece: Market for Root Or Tuber Harvesting Machines 2024

Market Size for Root Or Tuber Harvesting Machines in Greece

The Greek market for root or tuber harvesting machines surged to $X in 2021, with an increase of 68% against the previous year. In general, consumption continues to indicate a prominent expansion. Root or tuber harvesting machine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Root Or Tuber Harvesting Machines in Greece

In value terms, root or tuber harvesting machine production amounted to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 17%. Root or tuber harvesting machine production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Root Or Tuber Harvesting Machines

Exports from Greece

For the third consecutive year, Greece recorded growth in shipments abroad of root or tuber harvesting machines, which increased by 123% to X tons in 2019. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 8,759%. As a result, the exports attained the peak of X tons. From 2014 to 2019, the growth of the exports failed to regain momentum.

In value terms, root or tuber harvesting machine exports plummeted to $X in 2019. In general, exports recorded notable growth. The most prominent rate of growth was recorded in 2013 when exports increased by 3,218%. As a result, the exports attained the peak of $X. From 2014 to 2019, the growth of the exports remained at a lower figure.

Exports by Country

Albania (X tons) was the main destination for root or tuber harvesting machine exports from Greece, with a 70% share of total exports. Moreover, root or tuber harvesting machine exports to Albania exceeded the volume sent to the second major destination, India (X tons), twofold.

From 2012 to 2019, the average annual growth rate of volume to Albania amounted to +72.3%.

In value terms, Albania ($X) and India ($X) constituted the largest markets for root or tuber harvesting machine exported from Greece worldwide.

Among the main countries of destination, Albania, with a CAGR of +45.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2019, the average export price for root or tuber harvesting machines amounted to $X per ton, with a decrease of -93.6% against the previous year. Over the period under review, the export price continues to indicate a sharp reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 202% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Albania stood at $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+120.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Root Or Tuber Harvesting Machines

Imports into Greece

After two years of decline, supplies from abroad of root or tuber harvesting machines increased by 122% to X tons in 2021. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 2,459% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, root or tuber harvesting machine imports skyrocketed to $X in 2021. In general, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2013 when imports increased by 932% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest root or tuber harvesting machine supplier to Greece, accounting for a 58% share of total imports. Moreover, root or tuber harvesting machine imports from the United States exceeded the figures recorded by the second-largest supplier, Denmark (X tons), twofold. Italy (X tons) ranked third in terms of total imports with an 8.7% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+19.9% per year) and Italy (+15.9% per year).

In value terms, Denmark ($X) constituted the largest supplier of root or tuber harvesting machines to Greece, comprising 62% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Denmark stood at +32.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.2% per year) and France (-5.4% per year).

Import Prices by Country

The average import price for root or tuber harvesting machines stood at $X per ton in 2021, which is down by -42.5% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 92%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 France ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+37.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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