Greece: Transmission Apparatus Market 2024

Transmission Apparatus Market Size in Greece

The Greek transmission apparatus market soared to $X in 2023, picking up by X% 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, the total consumption indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Transmission apparatus consumption peaked in 2023 and is expected to retain growth in the immediate term.

Transmission Apparatus Exports

Exports from Greece

In 2023, after three years of growth, there was significant decline in overseas shipments of transmission apparatus incorporating reception apparatus, when their volume decreased by X% to X units. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, transmission apparatus exports expanded rapidly to $X in 2023. Overall, exports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Cyprus (X units), Bulgaria (X units) and Italy (X units) were the main destinations of transmission apparatus exports from Greece, together comprising X% of total exports. Germany, Poland, the Netherlands, Slovakia, Spain, Estonia, the UK, Romania, Turkey and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X) remains the key foreign market for transmission apparatus incorporating reception apparatus exports from Greece, comprising X% of total exports. The second position in the ranking was held by Bulgaria ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

From 2012 to 2023, the average annual growth rate of value to Cyprus was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Germany (X% per year).

Export Prices by Country

The average transmission apparatus export price stood at $X per unit in 2023, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports

Imports into Greece

In 2023, overseas purchases of transmission apparatus incorporating reception apparatus increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, imports, however, recorded a slight setback. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2023, the growth of imports remained at a lower figure.

In value terms, transmission apparatus imports surged to $X in 2023. In general, imports showed strong growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in years to come.

Imports by Country

China (X units), Vietnam (X units) and the Netherlands (X units) were the main suppliers of transmission apparatus imports to Greece, together accounting for X% of total imports. Germany, France, Cyprus, Romania, Bulgaria, Austria, the Czech Republic, Finland and Luxembourg lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Vietnam ($X) were the largest transmission apparatus suppliers to Greece, together comprising X% of total imports.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of 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

In 2023, the average transmission apparatus import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2015 when the average import price increased by X%. The import price peaked in 2023 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform