Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece - 2023

Contents:

  1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece
  4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $12,924 per ton, with a decrease of -25% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $18,039 per ton. From 2018 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 Belgium ($25,235 per ton), while the price for China ($3,361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece (FOB) - 2022

The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $59,607 per ton in 2022, rising by 42% against the previous year. Over the period under review, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of 95% against the previous year. Over the period under review, the average export prices hit record highs at $71,876 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($413,000 per ton), while the average price for exports to Bulgaria ($22,505 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+41.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece

For the fourth consecutive year, Greece recorded growth in purchases abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses, which increased by 13% to 116 tons in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 +60.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 21% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses dropped notably to $1.5M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +28.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 34%. As a result, imports reached the peak of $1.8M, and then declined dramatically in the following year.

Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany40652750961614.9%
Italy309232280214-11.5%
Austria35.510311.511548.0%
China14.373.666.688.783.7%
Belgium73.260.390.178.72.4%
France30.443.768.475.535.4%
Bulgaria82.850.448871.1-5.0%
Others2142322562363.3%
Total1,1651,3231,7701,4968.7%

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Greece in 2022:

  1. Germany (33.3 tons)
  2. China (26.4 tons)
  3. Austria (22.4 tons)
  4. Italy (11.0 tons)
  5. Bulgaria (5.9 tons)
  6. France (5.7 tons)
  7. Belgium (3.1 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece

In 2022, overseas shipments of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -19.9% to 1.8 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 235% against the previous year. As a result, the exports reached the peak of 2.3 tons, and then fell sharply in the following year.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses expanded notably to $109K in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 146%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus10.232.548.382.5100.7%
GermanyN/A2.731.89.587.6%
Belgium3.70.33.75.111.3%
Italy0.10.40.63.8236.2%
Bulgaria0.40.70.52.276.5%
FranceN/AN/A5.4N/A0%
PolandN/AN/A2.1N/A0%
Others3.62.63.76.018.6%
Total18.139.196.110981.9%

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Greece in 2022:

  1. Cyprus (1365.0 kg)
  2. Belgium (152.0 kg)
  3. Italy (106.0 kg)
  4. Bulgaria (99.0 kg)
  5. Germany (85.0 kg)

Source: IndexBox Market Intelligence Platform

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