Greece - Refrigerating And Freezing Equipment And Heat Pumps (Except Household Type Equipment) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCommercial Refrigeration Equipment Price in Greece - 2023
Contents:
- Commercial Refrigeration Equipment Price in Greece (CIF) - 2023
- Commercial Refrigeration Equipment Price in Greece (FOB) - 2023
- Commercial Refrigeration Equipment Imports in Greece
- Commercial Refrigeration Equipment Exports in Greece
Commercial Refrigeration Equipment Price in Greece (CIF) - 2023
The average commercial refrigeration equipment import price stood at $598 per unit in August 2023, waning by -17.5% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 64% month-to-month. As a result, import price attained the peak level of $821 per unit. From December 2022 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($942 per unit), while the price for Cyprus ($34.2 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Commercial Refrigeration Equipment Price in Greece (FOB) - 2023
In August 2023, the average commercial refrigeration equipment export price amounted to $669 per unit, dropping by -35.5% against the previous month. Over the period under review, the export price showed a perceptible decline. The pace of growth appeared the most rapid in July 2023 an increase of 104% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,203 per unit in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was France ($2,034 per unit), while the average price for exports to Spain ($126 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Commercial Refrigeration Equipment Imports in Greece
Commercial refrigeration equipment imports into Greece amounted to 210K units in 2022, stabilizing at the year before. In general, imports, however, saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 1.2%. Imports peaked at 261K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, commercial refrigeration equipment imports rose sharply to $116M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +50.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Commercial Refrigeration Equipment in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 14.5 | 16.5 | 32.5 | 30.8 | 28.5% |
| China | 5.7 | 6.0 | 11.7 | 19.3 | 50.2% |
| France | 6.5 | 5.9 | 8.3 | 8.4 | 8.9% |
| Czech Republic | 6.5 | 7.3 | 9.0 | 7.5 | 4.9% |
| Belgium | 5.1 | 6.2 | 4.2 | 6.9 | 10.6% |
| Turkey | 2.8 | 4.0 | 4.5 | 6.7 | 33.8% |
| Romania | 4.1 | 4.3 | 2.6 | 3.7 | -3.4% |
| Spain | 2.2 | 2.6 | 5.1 | 3.4 | 15.6% |
| Germany | 6.3 | 3.0 | 2.9 | 3.2 | -20.2% |
| Hungary | 5.7 | 4.4 | 4.2 | 2.4 | -25.0% |
| Sweden | 2.6 | 1.5 | 0.9 | 2.3 | -4.0% |
| Netherlands | 2.2 | 3.1 | 2.4 | 1.5 | -12.0% |
| Poland | 2.3 | 1.8 | 1.6 | 0.8 | -29.7% |
| Others | 14.2 | 10.1 | 11.7 | 18.5 | 9.2% |
| Total | 80.7 | 76.8 | 102 | 116 | 12.9% |
Top Suppliers of Commercial Refrigeration Equipment to Greece in 2022:
- Italy (45.1K units)
- China (32.4K units)
- France (23.1K units)
- Czech Republic (17.2K units)
- Belgium (13.9K units)
- Turkey (12.3K units)
- Hungary (9.5K units)
- Germany (9.4K units)
- Sweden (7.4K units)
- Spain (6.8K units)
- Romania (6.5K units)
- Netherlands (3.9K units)
- Poland (1.9K units)
Commercial Refrigeration Equipment Exports in Greece
In 2022, approx. 38K units of refrigerating and freezing equipment and heat pumps (except household type equipment) were exported from Greece; waning by -10.9% compared with 2021. In general, exports recorded a precipitous descent. The smallest decline of -1.6% was in 2021. The exports peaked at 102K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, commercial refrigeration equipment exports reached $33M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Commercial Refrigeration Equipment in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 3.4 | 3.8 | 5.6 | 5.7 | 18.8% |
| Israel | 3.9 | 4.1 | 3.3 | 4.7 | 6.4% |
| France | 2.5 | 1.7 | 3.3 | 3.8 | 15.0% |
| Netherlands | 1.0 | 1.0 | 1.6 | 2.0 | 26.0% |
| Romania | 1.3 | 0.9 | 1.8 | 1.8 | 11.5% |
| Germany | 2.2 | 1.7 | 2.4 | 1.8 | -6.5% |
| United Kingdom | 0.6 | 0.7 | 1.8 | 1.6 | 38.7% |
| Italy | 2.0 | 1.4 | 3.7 | 1.0 | -20.6% |
| Belgium | 0.1 | 0.7 | 0.5 | 0.7 | 91.3% |
| Albania | 0.8 | 0.5 | 0.9 | 0.6 | -9.1% |
| Pakistan | N/A | N/A | N/A | 0.4 | 0% |
| Bulgaria | 0.7 | 0.6 | 0.9 | 0.4 | -17.0% |
| Norway | 3.9 | N/A | 0.5 | N/A | -64.2% |
| Others | 5.9 | 5.3 | 6.3 | 8.7 | 13.8% |
| Total | 28.3 | 22.4 | 32.6 | 33.3 | 5.6% |
Top Export Markets for Commercial Refrigeration Equipment from Greece in 2022:
- Norway (undefinedK units)
- Cyprus (12.5K units)
- Israel (3.7K units)
- Germany (3.3K units)
- Pakistan (1.7K units)
- Romania (1.7K units)
- France (1.7K units)
- United Kingdom (1.6K units)
- Netherlands (1.4K units)
- Belgium (1.0K units)
- Albania (0.8K units)
- Italy (0.6K units)
- Bulgaria (0.6K units)
This report provides an in-depth analysis of the commercial refrigeration equipment market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28251333 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator for frozen food storage
- Prodcom 28251335 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator (excluding for frozen food storage)
- Prodcom 28251340 -
- Prodcom 28251350 -
- Prodcom 28251380 - Heat pumps other than air conditioning machines of HS
- Prodcom 28251390 - Other refrigerating or freezing equipment
Country coverage:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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