Report Update: May 1, 2024

Greece - Flywheels And Pulleys - Market Analysis, Forecast, Size, Trends And Insights

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Flywheels and Pulleys Price in Greece - 2023

Flywheels and Pulleys Price in Greece (CIF) - 2023

In June 2023, the average flywheels and pulleys import price amounted to $19,439 per ton, picking up by 41% against the previous month. In general, import price indicated a buoyant expansion from June 2022 to June 2023: its price increased at an average monthly rate of +6.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, flywheels and pulleys import price increased by +43.5% against April 2023 indices. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 84% month-to-month. Over the period under review, average import prices reached the peak figure in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($38,867 per ton), while the price for China ($5,595 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Flywheels and Pulleys Price in Greece (FOB) - 2023

In June 2023, the average flywheels and pulleys export price amounted to $43,503 per ton, increasing by 4.6% against the previous month. Over the period under review, the export price, however, saw a slight slump. The pace of growth was the most pronounced in May 2023 an increase of 395% m-o-m. The export price peaked at $49,950 per ton in November 2022; however, from December 2022 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Croatia ($156K per ton), while the average price for exports to Romania ($22,593 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Flywheels and Pulleys Imports in Greece

In 2022, approx. 524 tons of flywheels and pulleys were imported into Greece; picking up by 11% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flywheels and pulleys imports soared to $7M in 2022. The total import value increased at an average annual rate of +10.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Flywheels and Pulleys in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	1,767	2,083	2,272	2,011	4.4%
Germany	909	828	730	1,596	20.6%
Italy	771	848	964	1,116	13.1%
Turkey	426	495	546	674	16.5%
China	529	407	554	511	-1.1%
Bulgaria	87.1	5.5	10.7	291	49.5%
France	113	47.0	79.3	158	11.8%
Others	508	487	536	616	6.6%
Total	5,110	5,200	5,692	6,974	10.9%

Top Suppliers of Flywheels and Pulleys to Greece in 2022:

Turkey (157.3 tons)
Italy (106.0 tons)
China (81.2 tons)
Belgium (76.2 tons)
Germany (44.2 tons)
France (16.1 tons)
Bulgaria (15.2 tons)

Flywheels and Pulleys Exports in Greece

In 2022, shipments abroad of flywheels and pulleys decreased by -9.1% to 17 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 6.7% against the previous year. As a result, the exports attained the peak of 21 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, flywheels and pulleys exports contracted significantly to $564K in 2022. Overall, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $713K, and then declined dramatically in the following year.

Export of Flywheels and Pulleys in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cyprus	372	362	425	352	-1.8%
Bulgaria	164	199	216	144	-4.2%
Romania	3.6	1.7	2.9	18.1	71.3%
Albania	0.5	N/A	3.4	3.9	98.3%
Nigeria	N/A	27.1	0.8	0.7	-83.9%
Others	62.0	24.7	64.4	45.2	-10.0%
Total	602	614	713	564	-2.1%

Top Export Markets for Flywheels and Pulleys from Greece in 2022:

Cyprus (10.1 tons)
Bulgaria (2.4 tons)
Romania (2.3 tons)
Albania (0.3 tons)
Nigeria (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the flywheels and pulleys 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 28152500 - Flywheels and pulleys (including pulley blocks)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023