Greece - Passenger Cars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPassenger Car Price in Greece - 2023
Contents:
- Passenger Car Price in Greece (CIF) - 2023
- Passenger Car Price in Greece (FOB) - 2023
- Passenger Car Imports in Greece
- Passenger Car Exports in Greece
Passenger Car Price in Greece (CIF) - 2023
The average passenger car import price stood at $19,560 per unit in July 2023, flattening at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in August 2022 an increase of 21% m-o-m. Over the period under review, average import prices reached the peak figure at $20,226 per unit in April 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Sweden ($29,648 per unit), while the price for Bulgaria ($7,194 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Passenger Car Price in Greece (FOB) - 2023
In July 2023, the average passenger car export price amounted to $24,188 per unit, reducing by -6.2% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 30% against the previous month. As a result, the export price reached the peak level of $28,506 per unit; afterwards, it flattened through to July 2023.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Germany ($38,980 per unit), while the average price for exports to Italy ($7,692 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Passenger Car Imports in Greece
In 2022, the amount of passenger cars imported into Greece surged to 864K units, increasing by 208% against the previous year. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 894%. As a result, imports reached the peak of 2.3M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, passenger car imports skyrocketed to $2.5B in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Passenger Car in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 579 | 519 | 702 | 10.1% | |
| France | 136 | 100 | 174 | 13.1% | |
| Spain | 141 | 137 | 162 | 7.2% | |
| Turkey | 105 | 91.3 | 128 | 10.4% | |
| United Kingdom | 136 | 103 | 106 | -11.7% | |
| Italy | 116 | 59.4 | 99.8 | -7.2% | |
| Czech Republic | 94.5 | 70.1 | 75.9 | -10.4% | |
| South Korea | 43.8 | 33.9 | 66.0 | 22.8% | |
| Belgium | 89.1 | 35.9 | 56.7 | -20.2% | |
| Japan | 53.0 | 53.4 | 53.3 | 0.3% | |
| Slovakia | 66.1 | 44.6 | 48.0 | -14.8% | |
| Morocco | 3.7 | 21.8 | 41.3 | 234.1% | |
| Bulgaria | 16.3 | 13.0 | 19.9 | 10.5% | |
| Others | 160 | 143 | 166 | 1.9% | |
| Total | 1,739 | 1,425 | 1,898 | 4.5% | |
Top Suppliers of Passenger Car to Greece in 2022:
- Germany (156.4K units)
- France (84.4K units)
- Bulgaria (67.7K units)
- Italy (53.4K units)
- Spain (29.4K units)
- Turkey (21.2K units)
- Belgium (12.4K units)
- Czech Republic (11.7K units)
- South Korea (10.3K units)
- United Kingdom (9.6K units)
- Morocco (8.2K units)
- Slovakia (8.0K units)
- Japan (7.7K units)
Passenger Car Exports in Greece
In 2022, passenger car exports from Greece surged to 6.9K units, increasing by 181% on 2021 figures. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, passenger car exports fell to $54M in 2022. Over the period under review, total exports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -33.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 64%. As a result, the exports attained the peak of $81M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Passenger Car in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Bulgaria | 16.4 | 8.2 | 16.2 | -0.6% | |
| Germany | 11.6 | 13.5 | 15.0 | 13.7% | |
| Israel | 3.7 | 16.5 | 10.1 | 65.2% | |
| Netherlands | 3.3 | 3.0 | 5.6 | 30.3% | |
| Romania | 0.3 | 4.3 | 4.3 | 278.6% | |
| Belgium | 3.8 | 1.2 | 2.4 | -20.5% | |
| United Arab Emirates | N/A | N/A | 1.1 | 0% | |
| Lithuania | N/A | 2.3 | 0.5 | -78.3% | |
| France | 2.3 | 15.6 | 0.3 | -63.9% | |
| Hungary | N/A | 1.0 | N/A | 0% | |
| Poland | N/A | 5.0 | N/A | 0% | |
| Others | 7.9 | 10.4 | 6.1 | -12.1% | |
| Total | 49.2 | 80.8 | 61.5 | 11.8% | |
Top Export Markets for Passenger Car from Greece in 2022:
- Germany (3475.0 units)
- Netherlands (2594.0 units)
- Bulgaria (659.0 units)
- Israel (540.0 units)
- Belgium (274.0 units)
- Romania (254.0 units)
- United Arab Emirates (252.0 units)
- Lithuania (150.0 units)
- France (37.0 units)
- Hungary (1.0 units)
This report provides an in-depth analysis of the passenger car 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 29102100 - Vehicles with spark-ignition engine of a cylinder capacity. 1 .500 cm., new
- Prodcom 29102230 - Motor vehicles with a petrol engine > 1 .500 cm. (including motor caravans of a capacity > 3 .000 cm.) (excluding vehicles for transporting . .10 persons, snowmobiles, golf cars and similar vehicles)
- Prodcom 29102250 - Motor caravans with a spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1 .500 cm. but . 3 .000 cm.
- Prodcom 29102310 - Motor vehicles with a diesel or semi-diesel engine . 1 .500 cm. (excluding vehicles for transporting . .10 persons, s nowmobiles, golf cars and similar vehicles)
- Prodcom 29102330 - Motor vehicles with a diesel or semi-diesel engine > 1 .500 cm. but . 2 .500 cm. (excluding vehicles for transporting . .10 persons, motor caravans, snowmobiles, golf cars and similar vehicles)
- Prodcom 29102340 - Motor vehicles with a diesel or semi-diesel engine > 2 .500 cm. (excluding vehicles for transporting . .10 persons, motor caravans, snowmobiles, golf cars and similar vehicles)
- Prodcom 29102353 - Motor caravans with a compression-ignition internal combustion piston engine (diesel or semi-diesel) of a cylinder capacity > 1 .500 cm. but . 2 .500 cm.
- Prodcom 29102355 - Motor caravans with a compression-ignition internal combustion piston engine (diesel or semi-diesel) of a cylinder capacity > 2 .500 cm.
- Prodcom 29102400 - Other motor vehicles for the transport of persons (excluding vehicles for transporting . .10 persons, snowmobiles, golf cars and similar vehicles)
- Prodcom 29102410 -
- Prodcom 29102430 -
- Prodcom 29102450 -
- Prodcom 29102490 -
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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