Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Greece - 2023

Contents:

1. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Greece (CIF) - 2022
2. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Greece (FOB) - 2022
3. Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Greece
4. Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Greece

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Greece (CIF) - 2022

The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $18,478 per ton in 2022, waning by -21.1% against the previous year. In general, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 31% against the previous year. The import price peaked at $30,453 per ton in 2012; however, from 2013 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 the Netherlands ($53,962 per ton), while the price for Romania ($5,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Greece (FOB) - 2022

In 2022, the average export price for machines and mechanical appliances; parts, of those having individual functionses amounted to $17,591 per ton, reducing by -10.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 39%. Over the period under review, the average export prices attained the maximum at $27,480 per ton in 2020; however, from 2021 to 2022, 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 Cyprus ($37,219 per ton), while the average price for exports to Albania ($5,309 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 Germany (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Greece

In 2022, approx. 2.2K tons of machines and mechanical appliances; parts, of those having individual functionses were imported into Greece; increasing by 38% against the previous year's figure. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses rose sharply to $41M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 43%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Greece in 2022:

1. Italy (571.4 tons)
2. Sweden (360.2 tons)
3. Germany (357.2 tons)
4. Belgium (174.9 tons)
5. Austria (134.7 tons)
6. Romania (93.2 tons)
7. France (75.1 tons)
8. China (73.5 tons)
9. Poland (63.4 tons)
10. Bulgaria (40.9 tons)
11. Turkey (34.3 tons)
12. Netherlands (32.2 tons)
13. United Kingdom (15.8 tons)

Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Greece

In 2022, the amount of machines and mechanical appliances; parts, of those having individual functionses exported from Greece fell slightly to 230 tons, which is down by -3.4% on the previous year. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 102% against the previous year. As a result, the exports reached the peak of 238 tons, and then fell slightly in the following year.

In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses dropped to $4M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, the exports attained the peak of $4.7M, and then fell in the following year.

Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Greece in 2022:

1. Albania (56.7 tons)
2. United States (34.6 tons)
3. Croatia (33.6 tons)
4. Bulgaria (24.6 tons)
5. Cyprus (16.0 tons)
6. Romania (12.6 tons)
7. Germany (9.5 tons)
8. Italy (6.7 tons)
9. Slovenia (5.6 tons)
10. France (4.3 tons)
11. United Kingdom (4.2 tons)

Source: IndexBox Market Intelligence Platform