Greece - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Greece - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights

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Price for Balancing Mechanical Parts Machine in Greece - 2023

Contents:

  1. Price for Balancing Mechanical Parts Machine in Greece (CIF) - 2022
  2. Price for Balancing Mechanical Parts Machine in Greece (FOB) - 2022
  3. Imports of Balancing Mechanical Parts Machine in Greece
  4. Exports of Balancing Mechanical Parts Machine in Greece

Price for Balancing Mechanical Parts Machine in Greece (CIF) - 2022

The average balancing mechanical parts machine import price stood at $2,027 per unit in 2022, picking up by 5.9% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, balancing mechanical parts machine import price decreased by -11.4% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 52%. Over the period under review, average import prices reached the maximum at $2,286 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($6,178 per unit), while the price for China ($981 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Balancing Mechanical Parts Machine in Greece (FOB) - 2022

The average balancing mechanical parts machine export price stood at $460 per unit in 2022, waning by -85.6% against the previous year. In general, the export price recorded a abrupt slump. The growth pace was the most rapid in 2019 an increase of 303% against the previous year. As a result, the export price attained the peak level of $22,641 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($95,229 per unit), while the average price for exports to Bulgaria stood at $345 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+48.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Balancing Mechanical Parts Machine in Greece

In 2022, after two years of decline, there was growth in purchases abroad of machines for balancing mechanical parts, when their volume increased by 3.7% to 279 units. Over the period under review, imports, however, saw a abrupt contraction. Over the period under review, imports reached the peak figure at 516 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, balancing mechanical parts machine imports expanded sharply to $566K in 2022. In general, imports, however, saw a abrupt descent. Over the period under review, imports reached the peak figure at $783K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Balancing Mechanical Parts Machine in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy372239250285-8.5%
China38.854.952.777.726.0%
United States83.218416.965.4-7.7%
Germany20128.110141.2-41.0%
NorwayN/AN/AN/A33.60%
PolandN/A4.46.211.863.8%
Denmark5.03.87.90.4-56.9%
Others83.014780.751.2-14.9%
Total783661515566-10.3%

Top Suppliers of Balancing Mechanical Parts Machine to Greece in 2022:

  1. Italy (150.0 units)
  2. China (79.0 units)
  3. Germany (32.0 units)
  4. Poland (10.0 units)
  5. Norway (5.0 units)
  6. Denmark (1.0 units)
  7. United States (1.0 units)

Exports of Balancing Mechanical Parts Machine in Greece

Balancing mechanical parts machine exports from Greece skyrocketed to 30 units in 2022, growing by 200% on 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 400% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, balancing mechanical parts machine exports reduced sharply to $14K in 2022. In general, exports, however, continue to indicate a precipitous setback. The smallest decline of -25.8% was in 2021. Over the period under review, the exports hit record highs at $109K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Balancing Mechanical Parts Machine in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria0.60.61.510.4158.8%
Cyprus17.013.518.73.5-41.0%
GermanyN/A1.92.2N/A15.8%
United States90.5N/AN/AN/A0%
ItalyN/AN/A4.8N/A0%
Albania0.7N/A1.6N/A51.2%
Others0.325.52.0N/A158.2%
Total10941.530.813.9-49.7%

Top Export Markets for Balancing Mechanical Parts Machine from Greece in 2022:

  1. Bulgaria (30.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for balancing mechanical parts machine 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 28993970 - Machines for balancing mechanical parts

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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