Greece: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Greece

The Greek telephone apparatus market soared to $X in 2022, growing by 93% against the previous year. In general, consumption showed resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Telephone Apparatus Production in Greece

In value terms, telephone apparatus production declined notably to $X in 2022 estimated in export price. Overall, production faced a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 194% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Telephone Apparatus Exports

Exports from Greece

In 2022, approx. X tons of telephone apparatus were exported from Greece; dropping by -4.9% against the previous year. Overall, exports, however, saw mild growth. The most prominent rate of growth was recorded in 2019 with an increase of 198%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, telephone apparatus exports amounted to $X in 2022. Over the period under review, exports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Cyprus (X tons) was the main destination for telephone apparatus exports from Greece, with a 28% share of total exports. Moreover, telephone apparatus exports to Cyprus exceeded the volume sent to the second major destination, Russia (X tons), fivefold. Italy (X tons) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume to Cyprus stood at +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-2.2% per year) and Italy (+32.3% per year).

In value terms, Cyprus ($X) remains the key foreign market for telephone apparatus exports from Greece, comprising 45% of total exports. The second position in the ranking was taken by Bulgaria ($X), with an 8.1% share of total exports. It was followed by Austria, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to Cyprus stood at -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+12.3% per year) and Austria (+30.5% per year).

Export Prices by Country

In 2021, the average telephone apparatus export price amounted to $X per ton, shrinking by -1.9% against the previous year. Overall, the export price saw a perceptible decline. The most prominent rate of growth was recorded in 2020 an increase of 269%. Over the period under review, the average export prices attained the peak figure at $X per ton 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 foreign markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Oman ($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 Hungary (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Greece

Telephone apparatus imports into Greece surged to X tons in 2022, rising by 106% on the previous year. Overall, imports enjoyed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, telephone apparatus imports skyrocketed to $X in 2022. In general, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of telephone apparatus imports to Greece, together comprising 32% of total imports. The Netherlands, Sweden, Hungary, Vietnam, Bulgaria, the Czech Republic, France, Cyprus, Austria and Romania lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +34.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest telephone apparatus suppliers to Greece were the Netherlands ($X), China ($X) and Vietnam ($X), with a combined 59% share of total imports. Germany, Sweden, Cyprus, Bulgaria, Poland, Hungary, the Czech Republic, France, Romania and Austria lagged somewhat behind, together accounting for a further 32%.

In terms of the main suppliers, Bulgaria, with a CAGR of +36.2%, saw the highest rates of growth with regard to the value of imports, 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 telephone apparatus import price amounted to $X per ton, increasing by 33% against the previous year. In general, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, telephone apparatus import price increased by +78.8% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 54%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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