Greece - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Greece - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights

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Internal Combustion Engines Price in Greece - 2023

Contents:

  1. Internal Combustion Engines Price in Greece (CIF) - 2022
  2. Internal Combustion Engines Price in Greece (FOB) - 2022
  3. Internal Combustion Engines Imports in Greece
  4. Internal Combustion Engines Exports in Greece

Internal Combustion Engines Price in Greece (CIF) - 2022

The average internal combustion engines import price stood at $262 per unit in 2022, increasing by 35% against the previous year. In general, the import price recorded a pronounced expansion. The growth pace was the most rapid in 2018 an increase of 49%. As a result, import price attained the peak level of $398 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,034 per unit), while the price for Germany ($97 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Internal Combustion Engines Price in Greece (FOB) - 2022

In 2022, the average internal combustion engines export price amounted to $710 per unit, with a decrease of -61.1% against the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 3,524%. The export price peaked at $1,828 per unit in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($8,117 per unit), while the average price for exports to India ($181 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+42.2%), while the prices for the other major destinations experienced more modest paces of growth.

Internal Combustion Engines Imports in Greece

For the fourth year in a row, Greece recorded growth in purchases abroad of motor vehicles compression-ignition internal combustion piston engines, which increased by 5% to 5.2K units in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 204% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, internal combustion engines imports skyrocketed to $1.4M in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 162% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Internal Combustion Engines in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom16.91.9252572223.5%
Germany2241813392858.4%
United Arab EmiratesN/A99.316012311.3%
Italy9.520.294.695.5115.8%
ChinaN/AN/AN/A86.00%
Hungary4.229.929.450.6129.2%
Others53.433.282.914037.9%
Total3083659571,35363.8%

Top Suppliers of Internal Combustion Engines to Greece in 2022:

  1. Germany (2942.0 units)
  2. United Kingdom (553.0 units)
  3. United Arab Emirates (523.0 units)
  4. Italy (388.0 units)
  5. China (264.0 units)
  6. Hungary (84.0 units)

Internal Combustion Engines Exports in Greece

In 2022, internal combustion engines exports from Greece surged to 177 units, picking up by 1,164% compared with the previous year. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, internal combustion engines exports soared to $126K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 428%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Export of Internal Combustion Engines in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A3.432.1844.1%
North MacedoniaN/A1.4N/A24.4317.5%
BulgariaN/AN/AN/A24.30%
United Arab EmiratesN/AN/AN/A10.20%
IndiaN/AN/AN/A9.90%
Albania2.10.15.36.041.9%
Senegal1.8N/AN/AN/A0%
Israel13.9N/AN/AN/A0%
Others0.83.316.418.8186.4%
Total18.64.825.112689.2%

Top Export Markets for Internal Combustion Engines from Greece in 2022:

  1. United Arab Emirates (55.0 units)
  2. India (55.0 units)
  3. United Kingdom (51.0 units)
  4. Bulgaria (4.0 units)
  5. Albania (3.0 units)
  6. North Macedonia (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the internal combustion engines 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 29101300 - Vehicle compression-ignition internal combustion piston engines (diesel or semi-diesel) (excluding for railway or tramway rolling stock)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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