Greece: Telephonic Switching Apparatus Market 2025

Telephonic Switching Apparatus Market Size in Greece

The Greek telephonic switching apparatus market soared to $X in 2022, picking up by 52% against the previous year. In general, consumption showed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Telephonic Switching Apparatus Production in Greece

In value terms, telephonic switching apparatus production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a sharp contraction. The growth pace was the most rapid in 2015 with an increase of 26% against the previous year. Telephonic switching apparatus production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Telephonic Switching Apparatus Exports

Exports from Greece

In 2022, the amount of telephonic or telegraphic switching apparatus exported from Greece dropped to X units, with a decrease of -12.3% compared with 2021. Over the period under review, exports, however, saw prominent growth. The growth pace was the most rapid in 2019 with an increase of 348% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, telephonic switching apparatus exports shrank slightly to $X in 2022. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of 126%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Cyprus (X units) was the main destination for telephonic switching apparatus exports from Greece, with a 42% share of total exports. Moreover, telephonic switching apparatus exports to Cyprus exceeded the volume sent to the second major destination, Oman (X units), more than tenfold. Bulgaria (X units) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cyprus totaled +40.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+18.5% per year) and Bulgaria (+12.6% per year).

In value terms, Cyprus ($X) remains the key foreign market for telephonic or telegraphic switching apparatus exports from Greece, comprising 53% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 7.4% share of total exports. It was followed by the United States, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value to Cyprus totaled +26.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+20.0% per year) and the United States (+41.4% per year).

Export Prices by Country

In 2021, the average telephonic switching apparatus export price amounted to $X per unit, falling by -5.7% against the previous year. Overall, the export price, however, posted mild growth. The most prominent rate of growth was recorded in 2020 an increase of 826% against the previous year. As a result, the export price attained the peak level of $X per unit, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Italy ($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 Netherlands (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Telephonic Switching Apparatus Imports

Imports into Greece

After two years of growth, supplies from abroad of telephonic or telegraphic switching apparatus decreased by -3.9% to X units in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 70%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, telephonic switching apparatus imports surged to $X in 2022. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Poland (X units), China (X units) and Sweden (X units) were the main suppliers of telephonic switching apparatus imports to Greece, together comprising 38% of total imports. The Netherlands, Germany, the Czech Republic, Bulgaria, France and Cyprus lagged somewhat behind, together comprising a further 12%.

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 +40.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest telephonic switching apparatus suppliers to Greece were the Netherlands ($X), Sweden ($X) and China ($X), together comprising 61% of total imports. Germany, Poland, the Czech Republic, Cyprus, Bulgaria and France lagged somewhat behind, together comprising a further 20%.

In terms of the main suppliers, Bulgaria, with a CAGR of +37.8%, recorded the highest growth rate of 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

The average telephonic switching apparatus import price stood at $X per unit in 2021, jumping by 21% against the previous year. In general, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, telephonic switching apparatus import price decreased by -9.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 90%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :