Greece: Signal Generator Market 2024

Signal Generator Market Size in Greece

The Greek signal generator market fell to $X in 2021, which is down by -14.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a relatively flat trend pattern. Signal generator consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Signal Generator Exports

Exports from Greece

In 2021, exports of signal generators from Greece surged to X units, with an increase of 146% compared with the previous year's figure. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 289%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, signal generator exports skyrocketed to $X in 2021. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2016 when exports increased by 171%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X units), Cyprus (X units) and Germany (X units) were the main destinations of signal generator exports from Greece, together accounting for 73% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +285.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for signal generator exported from Greece were Cyprus ($X), Hong Kong SAR ($X) and Switzerland ($X), together accounting for 60% of total exports.

Switzerland, with a CAGR of +267.3%, saw the highest growth rate of the value of exports, in terms of 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 signal generator export price amounted to $X per unit, which is down by -24% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2015 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Poland ($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 United Arab Emirates (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Signal Generator Imports

Imports into Greece

In 2021, the amount of signal generators imported into Greece shrank to X units, dropping by -8.9% compared with the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 53%. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, signal generator imports amounted to $X in 2021. The total import value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 42%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of signal generator to Greece, accounting for a 75% share of total imports. Moreover, signal generator imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. Hong Kong SAR (X units) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+43.0% per year) and Hong Kong SAR (+81.3% per year).

In value terms, the largest signal generator suppliers to Greece were China ($X), Italy ($X) and Hong Kong SAR ($X), with a combined 80% share of total imports.

Hong Kong SAR, with a CAGR of +102.8%, recorded 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

The average signal generator import price stood at $X per unit in 2021, rising by 10% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2018 an increase of 39% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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