Greece: Vices And Clamps Market 2024

Vices And Clamps Market Size in Greece

In 2022, the Greek vices and clamps market decreased by -1.4% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, showed a resilient expansion. Over the period under review, the market reached the peak level at $X in 2021, and then shrank in the following year.

Vices And Clamps Exports

Exports from Greece

In 2022, after three years of growth, there was significant decline in shipments abroad of vices and clamps, when their volume decreased by -67.3% to X tons. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,248%. As a result, the exports attained the peak of X tons, and then declined markedly in the following year.

In value terms, vices and clamps exports contracted dramatically to $X in 2022. Overall, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 838% against the previous year. As a result, the exports reached the peak of $X, and then declined markedly in the following year.

Exports by Country

Italy (X tons), Slovakia (X tons) and Romania (X tons) were the main destinations of vices and clamps exports from Greece, together comprising 63% of total exports. Hungary, the Czech Republic, Poland, Panama, the Netherlands, Cyprus, Croatia, Belgium, Germany and Ireland lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +1,554.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vices and clamps exported from Greece were Italy ($X), Romania ($X) and Slovakia ($X), with a combined 46% share of total exports. Cyprus, Panama, Belgium, the Czech Republic, Croatia, the Netherlands, Ireland, Hungary, Poland and Germany lagged somewhat behind, together accounting for a further 43%.

Among the main countries of destination, the Czech Republic, with a CAGR of +665.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average vices and clamps export price amounted to $X per ton, shrinking by -37.2% against the previous year. Overall, the export price faced a abrupt contraction. The pace of growth appeared the most rapid in 2015 an increase of 328%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Vices And Clamps Imports

Imports into Greece

In 2022, supplies from abroad of vices and clamps decreased by -15.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2015 when imports increased by 63% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then dropped notably in the following year.

In value terms, vices and clamps imports declined significantly to $X in 2022. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. As a result, imports attained the peak of $X, and then fell dramatically in the following year.

Imports by Country

China (X tons), Austria (X tons) and India (X tons) were the main suppliers of vices and clamps imports to Greece, with a combined 68% share of total imports. Turkey, Italy, Germany, France, Belgium and the Netherlands lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +36.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Austria ($X) and Italy ($X) appeared to be the largest vices and clamps suppliers to Greece, together comprising 55% of total imports. Germany, Turkey, India, Belgium, France and the Netherlands lagged somewhat behind, together accounting for a further 35%.

Turkey, with a CAGR of +40.8%, saw the highest growth rate of the value of imports, among 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 vices and clamps import price stood at $X per ton in 2022, approximately reflecting the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vices and clamps import price increased by +15.8% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 73%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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